Profitable Expert Advisor

[nick74]

From scanned proofs, it really looks a good EA to use for making some money in Forex.But, I can't find the details of using the EA.Here is only written "RHL", while there is no explanation about how to use it??

RHL means removed hyperlink. We don't allow promotional links in the body of the message.

[dollar]

So how much amount in dollars do we need to invest so that the EA will not blow our accounts. In my opinion on this,
I think that the manufactures of these EA`s are supposed to try and make it in such a way that it can use the right
MM according to our account balance.

if you are going to be trade with EA then ask about margin & best pair to EA manufactures. as per my knowledge EA trade accourding to design, not base on money management. if we do not want to blow our EA trade account its must we give more balance for trading.

[nahiyar]

if you are going to be trade with EA then ask about margin & best pair to EA manufactures. as per my knowledge EA trade accourding to design, not base on money management. if we do not want to blow our EA trade account its must we give more balance for trading.

You are right.The EAs don't have any proper Money Management themselves.They only trade on the behalf of market movement, and we can easily get the margin call if our capital was small, or the EA did not perform every well.We must need ourselves to design and put the figures in EA to perform well during trading..

[murali603]

if you are going to be trade with EA then ask about margin & best pair to EA manufactures. as per my knowledge EA trade accourding to design, not base on money management. if we do not want to blow our EA trade account its must we give more balance for trading.

This is main thing we should know when we start EA trading, i tried my EA on different pair than the pair specified by the EA maker, i blown 2 accounts with the pair i tried on my own. Even in EA trading we should stick to rules mentioned by the EA maker then only we will see it in profits.

[chuna1985]

This is main thing we should know when we start EA trading, i tried my EA on different pair than the pair specified by the EA maker, i blown 2 accounts with the pair i tried on my own. Even in EA trading we should stick to rules mentioned by the EA maker then only we will see it in profits.

As i know, the rules that are set by the maker of those robots can aid our trading decision and success, it is not still an indication that we will succeed in it. You have been trading with robots for some months now, did you make a lot of money from obeying the rules of the robot maker.

[murali603]

As i know, the rules that are set by the maker of those robots can aid our trading decision and success, it is not still an indication that we will succeed in it. You have been trading with robots for some months now, did you make a lot of money from obeying the rules of the robot maker.

Yes, in one account i am trading with the rules mentiones by the EA maker which is going smoothly, but in some other accounts i took more risk and also tried on different pairs, those accounts were blown recently.

[dollar]

Yes, in one account i am trading with the rules mentiones by the EA maker which is going smoothly, but in some other accounts i took more risk and also tried on different pairs, those accounts were blown recently.

trading with EA is risky but if you give good margin to EA then its give profit.
i think you do not change the pair. once try with same pair accourding to your risk. may be you got profit.

[murali603]

trading with EA is risky but if you give good margin to EA then its give profit.
i think you do not change the pair. once try with same pair accourding to your risk. may be you got profit.

Now again i decreased risk(decreased volume from 0.03 to 0.02) and continuing with the same capital, I don't increase the lot size until my account will reach $1.5k. I think it make take some 2 months to reach that level.

[andry777]

trading with EA is risky but if you give good margin to EA then its give profit.
i think you do not change the pair. once try with same pair accourding to your risk. may be you got profit.

Yes, it's risky especially if you didn't monitor it. It's better to take a look every 30 minutes at most to know
how EA works. If EA made mistakes, you can cut loss it manually and maybe shut it down for few moments and use
it in other time.

[dollar]

Yes, it's risky especially if you didn't monitor it. It's better to take a look every 30 minutes at most to know
how EA works. If EA made mistakes, you can cut loss it manually and maybe shut it down for few moments and use
it in other time.

before applying EA in real account we check EA performance in demo account if its give good result then i think no need to monitoring after 30 minutes if our VPS server is runing is in proper way. Any EA scuess depend on margine that you provide. if you taking risk then it give bad result. EA become more profitable when you are taking less risk.

[murali603]

Yes, it's risky especially if you didn't monitor it. It's better to take a look every 30 minutes at most to know
how EA works. If EA made mistakes, you can cut loss it manually and maybe shut it down for few moments and use
it in other time.

If we check like that then there is no difference between EA trading and manual trading, You should confirm about all these before applying it in real account. I check EA trading in my terminal to see profits and risk how its going on, But i am aware of strategy and risk how its increase in my EA account.

[nahiyar]

before applying EA in real account we check EA performance in demo account if its give good result then i think no need to monitoring after 30 minutes if our VPS server is runing is in proper way. Any EA scuess depend on margine that you provide. if you taking risk then it give bad result. EA become more profitable when you are taking less risk.

It is good advise to check the performance of any EA first in demo account before applying it in real account.If the performance is good and over all trading result is in profits, so we may apply the same EA in real account too.But since there is a big virtual money in Demo account, so we need to have some good money also into real account to decrease the risk of receiving margin call..

[murali603]

It is good advise to check the performance of any EA first in demo account before applying it in real account.If the performance is good and over all trading result is in profits, so we may apply the same EA in real account too.But since there is a big virtual money in Demo account, so we need to have some good money also into real account to decrease the risk of receiving margin call..

Most of people will test the EA in demo account before applying it in real trading, a Good EA maker will also suggest the buyer to test it for more days in the Demo then only try on real account. I tried my EA on real directly its going well.

[andry777]

If we check like that then there is no difference between EA trading and manual trading, You should confirm about all these before applying it in real account. I check EA trading in my terminal to see profits and risk how its going on, But i am aware of strategy and risk how its increase in my EA account.

It is different with manual trading, we monitored it only to make sure if there is floating minus, it won't
continue until too much in floating minus. And also, we only make sure if we run that EA in the right timing
but we didn't need to make any calculations like in manual trading.

[murali603]

It is different with manual trading, we monitored it only to make sure if there is floating minus, it won't
continue until too much in floating minus. And also, we only make sure if we run that EA in the right timing
but we didn't need to make any calculations like in manual trading.

Yes, there is some advantage with this EA. That is it will set the Trailing stop when the profits comes into positive, there is no need to set us manually that too we don't know when it will come into positive.