Almost everyday now you will find a new forex robot in the market. If it's not every day, at least in a week, you can find plenty of new Expert Advisors (EA) promotions right in your inbox. Most of these forex robot sellers aren't happy with just one email. You will receive a sequence of emails from these vendors and their affiliates asking you how to purchase their Expert Advisor.
First, if the EA was successful in trading forex, why would the robot developer need to make money by selling the robot. But there are real EAs on the market that perform very well. Trading with a robot is not as easy as these sellers will tell you.
You have to learn a lot to start making money with an expert advisor. First of all you need to know about forex trading and something about technical analysis, after that you need to familiarize yourself with MT4 or what the MetaTrader platform is. You should be able to test the robot back and test it forward.
Here, a lot of people fail. They have a hard time backtesting a forex robot. If you don't test a consultant thoroughly, you don't know how well he is going to trade live. The tests can give you a lot of information about the behavior of the robot under real market conditions.
But you don't have to worry anymore. Uriel Katz, an avid expert advisor and forex trader has developed Forex Robot Auditor software that performs all the tests for you. This Forex Robot Auditor software can tell you after testing which robot is good and which is junk.
Forex trading is all about testing a strategy, system, or EA carefully before trying to trade live with it. Testing reduces risk and keeps you from burning your hard-earned money. This software is a must have tool if you are serious about trading with a robot.
You don't have to waste your time and money on a robot that is junk. You can test a lot of things on an expert advisor using this auditing software. This software can help you a lot in finding unwanted EAs before you even burn your time and money. Moreover, you can use it to optimize the performance of a good robot by up to 450%. This is something very important to understand. Many expert advisers are good but need to be further optimized to get good results. This Forex Robot Auditor software will help you do that too!