Before this forex Gump, there was another Forex EA going with just the same name. The indicatorEA was created by a Ukrainian developer named Andrey Kozak. He has over 50 EAs in MQL5 and it’s quite confusing whether it’s the same EA or not.
The most apparent assumption one can make is the owner of this EA is in no way Andrey himself.
Rather, it’s someone who created (saadscalper or maybe not) his own robot and decided to peddle it as Forex Gump due to the already made publicity of the original Gump. It trades 9 main currencies namely AUDUSD, EURCHF, EURGBP, EURJPY, saadscalper EURUSD, GBPUSD, USDCAD, USDCHF, and USDJPY. From the website, it’s a scalping robot which trades M1 timeframe. Only saying it’s created with ‘trendy a candle and news filter’ saadscalper and can be adjusted to high, low or medium risks. Like earlier said, the fxblue account present was pz latency arbitrage ea created in mid-2018 and there’s no myfxbook account.
Saadscalper Run.The minimum balance is $4000 on a standard account. But sort of logical because it’s scalping and opens more than 15 trades per day. With such activity, you need a large account to give your trades allowance to play out. There are reasons to believe the owner isn’t Andrey. And saadscalper if it isn’t, then earning from forex trading the owner of this EA is peddling his EA on saadscalper the publicity of another EA.
Like, why choose a name that’s already in the saadscalper market? It creates confusion for someone who purchases this EA thinking it’s from Andrey. One assumption that can be made here is, they’re assessing their performance on Fxblue so that if the fx robot flops, they’ll vanish easily without responsibility.
Why else would a developer choose to remain anonymous, saadscalper choose a name already in use and publicize the account through a NOT saadscalper so trusted source? Considering the progress of saadscalper the Fxblue account, its fair to say saadscalper the robot works. They keep depositing more saadscalper money so its hard to track if saadscalper theyve actually doubled the account or not.
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Once the robot fails, not only will it be hard for you to ask for a refund, but you also wont know who med you. A forex trading robot is a computer program based on a set of forex trading signals that helps determine whether to buy or sell saadscalper a currency pair at a given point in time. Forex robots are designed to saadscalper remove the psychological element of trading, saadscalper which can be detrimental. While trading systems can be purchased online, traders should exercise caution when buying them this way. Automated saadscalper forex trading robots are automated software programs used to generate trading signals. While they advertise the prospect of profits, it is saadscalper important to remember that forex forex trading bot software trading robots are limited in their capabilities and are saadscalper not foolproof. Forex trading robots are automated software programs that generate trading signals. Most of these robots are built with MetaTrader, using the MQL scripting language, which lets traders generate trading signals or place orders and manage trades. Automated forex trading robots are available for purchase over the Internet, but traders should exercise caution when saadscalper buying any such trading system. Often times, companies will spring up overnight to sell trading systems with a money-back guarantee before disappearing a few weeks later.
Saadscalper Same time and.The companies are not legitimate systems for assessing risk saadscalper and opportunity. They may cherry-pick successful trades as the most likely outcome for a trade or use curve-fitting to generate great results when backtesting a system, but are not legitimate systems for assessing risk and opportunity. Another criticism against forex trading robots is that they generate profits over the short term but their performance over saadscalper the long term is mixed.
This is primarily because they are automated to move within a certain range and follow trends. As a result, a sudden price movement can wipe out profits made in the short term. There is no such thing as a “holy grail” for trading systems, saadscalper because if someone did develop a money making system that was fail proof, they would not want to share it with the general public. This is why institutional investors and hedge funds keep their “black box” trading programs under lock and key.