Dear trader, are you looking for a working and profitable forex expert advisor? Maybe you have searched the internet a number of times and the results are not encouraging?
Maybe you have tried a few forex eas that have failed and sent your account crashing like an aeroplane that lost its course.
You know, I sincerely do know how stressful this stuff can get, you invested $1000 in buying a forex robot or expert advisor and the best thing it could do for you is to crash your hard-earned money. That’s ridiculous, and I am sorry about that.
Kindly take around 3 -5 minutes of your time to finish reading this article and you will never regret it.
I am going to go over;
- What an expert advisor is,
- Why it is good to use an expert advisor, Do they work, and are they profitable?
- How to Identify if a forex ea is really profitable
- Why do many traders lose money to forex eas and robots
- I would give you an Expert Advisor that works – Free Mt4 EA Download (Free For 15 Days)
What is an Expert Advisor
An expert advisor (EA) is software that tells you when to execute trades in the foreign exchange (forex) market. You may even use your trading criteria or strategy to train the software to originate and execute trades for you.
This comes in form of a signal and sometimes it’s fully automated to trade on your behalf. Like a Robot.
Expert advisors are most commonly utilized in the MetaTrader 4 and MetaTrader 5 trading platforms. You can utilize a pre-existing EA or design your own depending on your preferred trading strategy.
These EAs are written in the MetaQuotes Language programming language (MQL).
Do Expert Advisors Work? Guarantee Profits?
Nope!!. Because a forex strategy has been programmed into an expert advisor does not necessarily mean it will be profitable.
The profitability of a forex expert advisor (EA) depends on the profitability of the underlying strategy on which it is designed.
The question is supposed to be; are there really profitable forex strategies? the answer is yes, this means we can create a forex ea out of that strategy.
When properly programmed and with a good underlying strategy; then, expert advisors can be profitable, they work.
The major benefit of using an expert advisor is that it exposes you to countless trading opportunities because it runs 24/5, completely automated. Most times it is installed on a VPS which is a kind of virtual computer; this means you won’t need to keep your computer on.
The VPS represents your computer.
How to Install a Forex Expert Advisor and How to Use the VPS
I have created a separate article – step-by-step guide info on how to install a forex ea and how to use the VPS(a virtual computer that will host the forex ea video below).
For the sake of this article; I have created a quick video to help you Install your forex ea
Then, How to run MT4 on VPS (You put the forex ea on your VPS)
How to Identify Profitable Forex EAS
There are over 8000 forex robots on the internet, yet traders are still in search of a profitable expert advisor? Maybe all the 8000 existing robots are crap and scams. Let me show you the two major things indicators of a profitable forex robot.
1. Live Trading Account Proof
The major indicator of the performance of forex ea is an existing trading account that already uses the forex ea. Therefore, before you buy a forex robot kindly request a live account; log in yourself and confirm that it’s truly profitable.
2. Get a Free Trial – Test it Out
Yeah, at least you should get a trial and that’s what I have included in most of the trading systems, robots, and eas on this website; traders should be able to test them out.
Why Traders Lose Money To Forex Softwares (EAs and RObots)
There are many dubious forex trading systems on the internet but there is something worse than that, and that is the number of greedy traders in forex. I think most traders are subconscious gamblers.
Sometimes, the problem is not the forex ea but the traders using them.
I know of a trader that messages me every time asking for a bot that can double money in a matter of days, 100% ROI in one month. While this is not entirely impossible, the most possible outcome is loss of money, losses upon losses.
When I created the profit forex ea; I wanted a kind of stable results in terms of profits and low risks and I achieved it, but I discovered many traders do not want that so I had to create other software for this kind of traders.
100% ROI is possible but the risks are usually high.
The reason why most traders lose money to forex eas is cos they are greedy, they want fast results, what about you?
There you have it; if you want an expert advisor with low risks; then I got you covered. Meanwhile, if you want something with fast results, I got that too, just know that the risks are higher.
Latest Expert Advisor – The “XAUUSD INVESTING ROBOT” (20% ROI Upwards)
I developed this expert advisor to trade Gold(XAUUSD) alone. By Choosing to trade and invest in XAUUSD, then we have been able to streamline our trading so as to move closer to more accurate trading decisions as we are familiar with the pattern and movement of this currency pair.
Quick Details About This Robot:
- Name: Xauusd Investing robot
- Monthly Returns: 20-90% Depending On Settings
- Current Price: $849
- Learn More – Here
Related: The smart hedging Forex robot
Free MT4 Forex ea download – The Profit Forex Robot
Oh, this might be why you are on this page, you want a forex bot that works, an expert advisor that delivers profits.
And yes I am going to hand it over to you. I am a trader like you and I have been in this business since 2007.
I have seen losses and profits and I know the pain and want of a typical forex trader, we all want profits.
Therefore, I want to give the right tools for profit and that’s what this blog is all about. Mind you forex is considered risky; I am not god I do not know the future; I have simply used experience and tech to create a robot that truly works.
You surely would find this amazing cos
- You get a free trial
- I am not hiding anything; I will explain the basic strategy and how this expert advisor works
- This is the same robot that I am using to trade for my investors who have employed me as their account manager
There you have it, a working and profitable forex robot, and the good news; is there are many more that you would find as soon as I update my forex tools page.
FAQS Forex Expert Advisor
What is Forex Dominant?
Forex dominant is a community of profitable forex traders. I created this platform to help new and existing forex traders find their way into forex.
Which Ea is best For Forex?
The profit forex robot is the best forex ea for forex – free trial for 15 days and then $1200 full license. Nothing to hide, you are getting three videos and a PDF showing how this works and the strategies.
How Do You Build an EA?
I can help you build any ea of your choice; just tell me your strategy and I will program that into an expert advisor. Head to the website menu and click on the robot creation link.
Summary Forex Expert Advisor
There you have it; the new trend of trading is using an expert advisor. If you have any questions regarding an expert advisor or you have used an ea that failed woefully in the past; kindly share your experience in the comment section below.