An Expert Advisor , also known as an EA or automated FX trading software, is in fact a mechanical trading system written in MQL4 programming language which has been developed to automate trading activities on the MT4 platform. Why do most trading robots fail? Most eas are sold, not used by he developer.They fail because, they may not be scam, or if these eas on mql5 site are scams, it has to be proven, they fail because they are made for trading in the past data. Many people optimise EAs so that they get the best results using past data. This is shooting an arrow into a wall and then drawing the target around the arrow. This can't be done in real time, so they fail in the future. To understand this take a look at youtube videos on factory robots, robots in mercedes factory, robots in bmw factory.Do a google search as follows, click and observe how many robots are used to make a car, then apply logic to market conditions for tra...
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