Robot trading

[Troy Draper]

I have just installed the MT4 platform and installed the Forexauto***, have the smiley face in the top corner, edited the input details and after 24Hrs it still hasnt traded even though the the Eur/$ is at 137.39 lowest its been for some time now, so I was expecting it to work its magic but NO, any ideas ??? help would be appreciated:(:confused:

[duvuacris]

What is the deal with this robot? Where can I get it? Is this really useful?

[robert_fassbinder]

It is pretty simple, bots can’t read news, that would mean a trading strategy that is based only on technical analysis, and as you probably know, you need both technical AND fundamental analysis to succeed at this, is one of the first things they tell you.

[maria_chen]

Are robots the same as Expert Advisors? I’ve heard some good comments about them, do they work?

[Anne09]

The promotion of this EA was really eye catching. But as soon as it was released I installed and get the first loss of around 650 pips. Then I discovered that this EA only makes 5-8 pips profit. In addition with this recent pronounced trend that was a suicide. Stay away from them as much as you can.