Forex trading robots simple guide on how it works and where to find forex trading robot software free download. A reader asked do forex trading robots really work and where can I download free forex trading robot software easily without registration? Automated forex trading seems very interesting because it can help you make money on auto pilot. However, not all expert advisors are reliable and profitable.
Here are some guides how to choose forex trading robot and ways to spot profitable expert advisors. Be with me in this forex robot discussions and let us share the names of the EA used in our automated trading strategy.
Do Forex Trading Robots Really Work?
There are free forex robots that work but you have to test them first on demo account followed by mirco account. How does forex robot works? First, you have to install the robot expert advisor file in your Meta Trader 4 trading platform. Just view file, press MQL, then look for experts and then paste your robot file there.
Do not close the MT4 to show the newly installed expert advisor. Just refresh the “experts” category in navigator (CTRl+N). Then drag and drop the file to your chart.
It works like a charm. hands off trading. You only need to set the expert advisor correctly and you will see it how it trade automatically for you.
So, the answer to the question do forex trading robots really work? Is YES! But when you deepen that question, if you ask me if forex trading robots are profitable, you will never know if EA is just a watse of time or profitable if you did not tried it in real live account using real money deposited in your broker account.
Some forex trading robot software free download can find on telegram channel, facebook, forex trading forums, trading friends, or just the official website of the EA that allows visitors to download and install the demo EA in their MT4 trading platform.