Paul993 Wilson

View translation

Do forex EAs (robots) really make money?

Forex Expert Advisors (EAs) are automated trading systems that execute trades based on pre-set strategies. While some EAs can perform well under certain conditions, no EA guarantees consistent profits. Market conditions change, and an EA optimized for past data may fail in live trading. Risks include overfitting, reliance on unstable market patterns, and broker restrictions. Traders should test EAs on demo accounts, use proper risk settings, and avoid buying “get rich quick” robots advertised online. A good EA can help with discipline but cannot replace human judgment and risk management.