What Expert Advisors will make money in 2010?

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scottfx99

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It has been a quite interesting year in the world of automated forex trading. Before the introduction of FAP Turbo this was a very narrow niche, known to a very small community. Since FAP Turbo was released the market got absolutely flooded with EA:s. All of them promising that we all could retire within a couple of years after using them. However, as most of you know, in most cases the only people who got rich by the EA:s was the guys selling them.

The million dollar question is of course; What EA:s will actually work and make money for us during 2010?

In my opinion, there are only 3 EA:s that I would risk live money on at the moment, those are FAP Turbo, Megadroid and Forex Shocker. However, you need to be very careful with settings with these and avoid the high impact weeks when trading. For example, FAP Turbo needs a very narrow time window to work and no trading with the EURGBP. Megadroid seem to work best with the ADT settings. Forex Shocker seem to always work good for a while and then to crash heavily during weeks with high movements. I would definitely avoid EURUSD with this EA and only open one trade at the time for a particular pair.

Other EA:s that I will keep on my watch list during the beginning of 2010 are Forex Bling, Forex Broker Buster and EB-Turbo, which all seem to have potential.


I would be very interested in hearing your opinions. Where do you place your bets for 2010?


Visit the blog Forex Autotrading Insights to stay updated on what is working and whats not
 
In my opinion, there are only 3 EA:s that I would risk live money on at the moment, those are FAP Turbo, Megadroid and Forex Shocker
Click to expand...

This is not surprising as you are an affiliate for all three.


Paul
 
Spam spam spam all those 3 EA(s) are commercial crap. You want good free EA(S) and also the birthpalce of all these commercial EA(s) that people have ripped off from other coders then go to a couple of other very good Forex forums where they create and test hundreds of them. The EA I use on safe settings gives me around 3.2 % per trading day go and try to find one that can do that from month to month and you have something.
Randy
 
scottfx99 said:
It has been a quite interesting year in the world of automated forex trading. Before the introduction of FAP Turbo this was a very narrow niche, known to a very small community. Since FAP Turbo was released the market got absolutely flooded with EA:s. All of them promising that we all could retire within a couple of years after using them. However, as most of you know, in most cases the only people who got rich by the EA:s was the guys selling them.

The million dollar question is of course; What EA:s will actually work and make money for us during 2010?

In my opinion, there are only 3 EA:s that I would risk live money on at the moment, those are FAP Turbo, Megadroid and Forex Shocker. However, you need to be very careful with settings with these and avoid the high impact weeks when trading. For example, FAP Turbo needs a very narrow time window to work and no trading with the EURGBP. Megadroid seem to work best with the ADT settings. Forex Shocker seem to always work good for a while and then to crash heavily during weeks with high movements. I would definitely avoid EURUSD with this EA and only open one trade at the time for a particular pair.

Other EA:s that I will keep on my watch list during the beginning of 2010 are Forex Bling, Forex Broker Buster and EB-Turbo, which all seem to have potential.


I would be very interested in hearing your opinions. Where do you place your bets for 2010?


Visit the blog Forex Autotrading Insights to stay updated on what is working and whats not
Click to expand...
Your better off not bothering mate.. if someone reads this thread now I dont think they will bother with you robots... If I had a robot that could make consistent profits why would i sell it ?.. you dont see the soros/buffet robot do you ?.. I'm not against automated systems in general .. in fact automating your own trading strategy can be a big help... but I would not buy any of the robots you have mentioned here.
 
That is so true spoken like a real experience trader. It is important to give back and yes there are people that devolped a robot that makes consistent profits and do sell them.
Why well why not money is far from everything just talk to some wealthy people it's no longer money but service and helping others that is the big one. And besides if you sell your robot and then create a forum of users you have all that experience in live trading to always keep up with the times and your robot will always be a winner. People that say such things that there are no real robots that will always make money and not blow your account are people that know very little about automated trading. After all it's a pain to put in all those years of working your formulas, doing your time so you become a bit successful and then comes a little ex4 file that beats you hands down. It is hard to swallow
Randy


oildaytrader said:
http://www.trade2win.com/boards/met...l-expert-advisors-evaluated-4.html#post460781
Click to expand...
 
185mil said:
That is so true spoken like a real experience trader. It is important to give back and yes there are people that devolped a robot that makes consistent profits and do sell them.
Why well why not money is far from everything just talk to some wealthy people it's no longer money but service and helping others that is the big one. And besides if you sell your robot and then create a forum of users you have all that experience in live trading to always keep up with the times and your robot will always be a winner. People that say such things that there are no real robots that will always make money and not blow your account are people that know very little about automated trading. After all it's a pain to put in all those years of working your formulas, doing your time so you become a bit successful and then comes a little ex4 file that beats you hands down. It is hard to swallow
Randy
Click to expand...
Service and helping others ???..why not give it away for free then ?... I'm sorry pal but hopefully people are too cynical to swallow this.. I'll tell you what ..I am happy to test any systems on a demo account and post the results.. and in the interests of "service and helping others "..I will do this for free.. any takers please PM me.
 
You have a lot to learn my friend it is human nature not to respect something you get for free.
I have been in this business a long time and seen folks make millions never giving any of it away and sooner or later most of them loose there ass. It is just the way the world works and it makes no difference if you believe me or not the world will keep on working the way it always has.
I am more than happy that one person chose to sell me a great EA. I make a consistent profit of around 3-4.5% per trading day on a 20k account.
Randy
 
185mil said:
You have a lot to learn my friend it is human nature not to respect something you get for free.
I have been in this business a long time and seen folks make millions never giving any of it away and sooner or later most of them loose there ass. It is just the way the world works and it makes no difference if you believe me or not the world will keep on working the way it always has.
I am more than happy that one person chose to sell me a great EA. I make a consistent profit of around 3-4.5% per trading day on a 20k account.
Randy
Click to expand...
let me test your signals and post them then ?. or post fridays trades up here right now and let us have a look.
 
I did not trade Friday because of the news but I did trade mon. tue, half day weds ended up with 9.46%
not bad for a EA huh?
 
185mil said:
You have a lot to learn my friend it is human nature not to respect something you get for free.
I have been in this business a long time and seen folks make millions never giving any of it away and sooner or later most of them loose there ass. It is just the way the world works and it makes no difference if you believe me or not the world will keep on working the way it always has.
I am more than happy that one person chose to sell me a great EA. I make a consistent profit of around 3-4.5% per trading day on a 20k account.
Randy
Click to expand...

Are you promoting these eas and sales of EAS?
 
185mil said:
nope at all I figure folks that really want it and do the DD to find will just as I have.
Here are my stats for last week
http://www.mt4i.com/users/forextra
Click to expand...

This looks dodgey..anyone can come up with a document like this...FRAUD ALERT.!..
LET US TEST YOUR SIGNALS AND POST THE RESULTS - I am happy to do this for free and will get an independent audit of the results - let me test it for 1 week only. I have over 17 years market experience and have some freinds who write the trading algos for investment banks who i can get to assist - these guys know their stuff - if the results are good I will promote it myself.
 
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