added. Profit: The percentage of profit that has been made on top of the original deposit. What good is an EA if you cant get any support for it and the vendor only has a couple weeks worth of history? Drawdown: The highest drawdown the forex robot has ever had at any given time. All the data is aggregated straight from myfxbook and therefore cannot be changed or manipulated in anyway. Pips: The total number of pips this forex robot as accrued. Another thing to consider which is not a requirement but will definitely make your life easier is using a forex vps. As always, feel free to comment. The data of each forex expert advisor is updated every 5 minutes, every trading day. Live account, a live forex account is referred to as a real money trading account where you earn real profit.
Other common keywords: Scalper/Scalping, a forex scalping robot is one that tries to get in and out of the market as quickly as possible with very small profits. Requirements: In order to use any of these forex trading robots, you will need an account at a forex broker that supports the Metatrader 4 platform. This is because real money accounts have higher variable spreads, swaps, commissions, off"s, liquidity issues and many many more variables that can eat into those small profits. Its oldest account is over 2 years old and has turned 3000 into over 350,000 in that time. Home / Best Forex Robot (MT4 EA) Comparison For 2017/2018. You must also be careful with vendors that show scalping robots with performance on a demo account, they perform 100x better on demo than they do on live accounts. One of the better and consistent performing forex robots on this list.