For a while I tried to find analitical software but, after some reserch, I started wondering if it even exists. Pieces that I found at first glance were good, but after some research I discover a lot of claims that it is a scam and software does not work as it is advertized to. Thus I have a question if anyone has experience using such software? Are there any good ones out there?
There is definitely analytical software that can be used to forgive market movements with a high probability. Munus is that there are indeed gradual changes in trading and there is a need to periodically adjust the system.
There is much useful software for analysis in trading. Software that helps you to profit consistently. I use Moving Average and macdi divergence trading platforms. This expert advisor helps me a lot in trading.
Best answer here! Always try to trade on your own. No EA/software/robot is perfect on long terms. There's no 'make money fast' scheme out there and also not a single EA who's giving you steady profits for more than 5 years, only if you're willing to take way too high risks on short terms. If you'd like to have a consistent 'passive income' or something for your pension: go to your local investment bank or insurance agency. They can do much better on long terms. You can't trust any EA, only if you are programming it for yourself and willing to update it every single month. So, you need a lot of experience before you start with that in a professional and consistent way. Good luck!
I often use programs that help in trading. Since I cannot devote a lot of time to spend near the computer and monitor the market. In my experience, most of the programs they want to sell you are all useless junk. Of course there are interesting options that cost a lot of money. But in the long term, they also cannot work, due to constant changes in the market. Therefore, it is very important that the advisor developer provides the necessary technical support. support and correction of settings.
The market is really risky right now. I implemented my own ideas, which proved themselves well. Waiting for big volatility for the stress test. A trader should always have a backup path if something doesn't go according to his plan.
netcorp posted: The market is really risky right now. I implemented my own ideas, which proved themselves well. Waiting for big volatility for the stress test. A trader should always have a backup path if something doesn't go according to his plan.
Can you share how you choose your EA ? What did you turn your attention to? I've seen systems that promise 100% per month, is it real?
Evelpist posted: I've seen systems that promise 100% per month, is it real?
No, not if you're looking for a system that builds up your initial investment. There are 2 problems with such high profits per month: 1. your EA could also lose 100% in 1 month; 2. your EA or your profit will be blocked by the broker.
Evelpist posted: Can you share how you choose your EA ? What did you turn your attention to? I've seen systems that promise 100% per month, is it real?
It is necessary to pay attention to: a yield of no more than 100% per annum (ideally 30-70%), a drawdown of 20% (maximum 30%), a signal test for 1 year. You can choose a leader account with these parameters or make your own signal and feel yourself more or less confident. This data is based on my own experience for 2 years.
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