How to choose a working and profitable EA before you buy it
Onel_De_Guzman:
1st. Check if the seller have an account publish in MQL5 signal.
2nd. Check if his signal is profitable by checking trading history of how many lots does Ea created daily profitability, some are over lot sizing which anytime will blow your account.
3rd Check daily and weekly profits if it is profitable.
4th Check if they have Live Performance Broadcasting on Youtube and Telegram.
Simple as that if they have nothing to prove DONT BUY IT, ITS A WASTE OF MONEY !!!!
You forgott: https://www.mql5.com/en/articles/586
Wie teste ich einen Handelsroboter vor dem Kauf
- www.mql5.com
Der Kauf eines Handelsroboters hat bestimmte Vorzüge gegenüber ähnlichen Möglichkeiten - ein automatisiertes System kann direkt im MetaTrader5-Terminal getestet werden. Vor dem Kauf kann und soll ein Expert Advisor sorgfältig in allen ungünstigen Modi im eingebauten Strategietester ausgeführt werden, um das System komplett zu verstehen.
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1st. Check if the seller have an account publish in MQL5 signal.
2nd. Check if his signal is profitable by checking trading history of how many lots does Ea created daily profitability, some are over lot sizing which anytime will blow your account.
3rd Check especially the Draw Down Percentage
4th Check daily and weekly profits if it is profitable.
5th Check if they have backtested 99.9% modelling quality, but take note tester and real live trading are different, which they differ on volatility economic news.
6th Check if they have Live Performance Broadcasting on Youtube and Telegram.
Simple as that if they have nothing to prove DONT BUY IT, ITS A WASTE OF MONEY !!!!