Why EA Programming Pays Too Low?

Jan 05, 2021 at 07:19
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3 Replies
Member Since Aug 27, 2017   121 posts
Jan 05, 2021 at 07:19
I'm been checking a couple of posts in Upwork, MQL, and here, and projects to create an EA is paid so cheap. Please don't expect a well-thought out programming if you asks someone to do an EA that consistently makes money for a measly 50 dollars. It's just my observation. Feel free to correct me if that's not the case.
Trading is a marathon, not a sprint.
Member Since Sep 13, 2017   140 posts
Feb 09, 2021 at 04:40
8christianpaul8 posted:
I'm been checking a couple of posts in Upwork, MQL, and here, and projects to create an EA is paid so cheap. Please don't expect a well-thought out programming if you asks someone to do an EA that consistently makes money for a measly 50 dollars. It's just my observation. Feel free to correct me if that's not the case.
I also agree. There are many developers who offer their services and because the supply of these developers are greater than the demand, they are willing to take upon the projects for very low amounts.

Another thing to consider is the developing world where living standards are different. $50 could be a lot of money. If they can build a robot within a day, that $50 could be 10x more than a labor job. Competition is a good thing overall. I also develop trading tools and my freelance jobs are normally pretty expensive compared to mql5 freelance. If someone is on a budget, I send them to mql5 website. Let the free market decide on the price.
Be humble
Member Since Dec 16, 2020   7 posts
Feb 16, 2021 at 13:02
It depends on the programmer you are hiring. You don’t always get cheap things at lower prices. It is also about the experience that you are hiring and paying for.
Member Since Aug 27, 2017   121 posts
Feb 16, 2021 at 13:40
I'm sure the one with a lot of experience will provide his services at a higher price. It's just the same with IT industry where better developers are paid more.
Trading is a marathon, not a sprint.
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