SuperForex1713006797 Posted April 14, 2013 Report Share Posted April 14, 2013 Hallo, I am absolute new to the world of Forex/EAs etc. having 2 questions, hope u guys could help me: 1. I often hear from people talking about educated Version, whats an educated version ? 2. I ve downloaded some EA from this forum, does those EAs work on an live account or is there a restriction ( demo only ) ? Many Thanks & Cheers Quote Link to comment Share on other sites More sharing options...
mambo123 Posted April 14, 2013 Report Share Posted April 14, 2013 Hi SuperForex :) To answer shortly: 1/ educated means cracked 2/ depends of the EA Quote Link to comment Share on other sites More sharing options...
mambo123 Posted April 14, 2013 Report Share Posted April 14, 2013 (edited) Oups, sorry, double post :( Edited April 14, 2013 by mambo123 Quote Link to comment Share on other sites More sharing options...
SuperForex1713006797 Posted April 14, 2013 Author Report Share Posted April 14, 2013 Thx u very much, know a bit more now :) Do I have to be afraid of legal stuff if I use those "free" EAs on live account ? Many Thanks & Cheers Quote Link to comment Share on other sites More sharing options...
mambo123 Posted April 14, 2013 Report Share Posted April 14, 2013 Thx u very much, know a bit more now :) Do I have to be afraid of legal stuff if I use those "free" EAs on live account ? Many Thanks & Cheers It'd be VERY doubtful if a metatrader broker knew what EA you are using hehehe As long as you pay the spread and/or commissions and you support the requotes, i think you'll be safe :)) Quote Link to comment Share on other sites More sharing options...
apple1937 Posted April 17, 2013 Report Share Posted April 17, 2013 (edited) Hi guys, you will find many educated EA in this forum shared by dedicated people here and quite a lot of them function well in live account. But please bear in mind that without testing the educated EA in demo account and understand the trading logic behind them thoroughly are extremely dangerous! Some of them might blow your accounts without handling properly! The intentions of sharing educated EA in this forum are for learning purpose and also for members to identify "Scammers" & "Genius Offer"... :) Edited April 17, 2013 by apple1937 Quote Link to comment Share on other sites More sharing options...
supertrader Posted April 22, 2013 Report Share Posted April 22, 2013 Educated means you know the basic of Forex trading and able to apply it on trading. EA means money wasting. As robot has never be able to help you in trading. Instead it misreading the chart more than human. Quote Link to comment Share on other sites More sharing options...
Guest FloridaTrader Posted April 22, 2013 Report Share Posted April 22, 2013 (edited) Educated means you know the basic of Forex trading and able to apply it on trading. EA means money wasting. As robot has never be able to help you in trading. Instead it misreading the chart more than human. Incorrect...there are some robots that are profitable. To state that all robots are not helpful is very misleading and not ture. I wish you and gaban would cease flooding this forum with junk postings. Please post more responsibly on this forum. Edited April 22, 2013 by FloridaTrader Quote Link to comment Share on other sites More sharing options...
Cataclyst Posted April 29, 2013 Report Share Posted April 29, 2013 EAs work I just don't know if you can let it go completely automated. Most EAs still need intervention from users at some point. You should at least know the basics of forex before jumping into EAs. Quote Link to comment Share on other sites More sharing options...
supertrader Posted May 1, 2013 Report Share Posted May 1, 2013 Yes, indeed the basic idea of Forex is needed. Therefore I don't like to depend upon EAS. Only manual trading. By doing this I can be more relax while reading the chart than having EAs completely control my trading. Quote Link to comment Share on other sites More sharing options...
usok Posted May 22, 2013 Report Share Posted May 22, 2013 the thing is if its an educated version the question remains how well would it do? im no EA expert but i guess there is no legalities to fear there :) there is risk in everything my friend :) Quote Link to comment Share on other sites More sharing options...
Jodie Ahmed Posted September 17, 2013 Report Share Posted September 17, 2013 When you’re more advanced and possess experience in the foreign currency market then that is a great spot for a see things that others won’t show or taught and also a great spot for a brush up on knowledge. Quote Link to comment Share on other sites More sharing options...
trad128 Posted September 17, 2013 Report Share Posted September 17, 2013 thank you very much Quote Link to comment Share on other sites More sharing options...
Migge1990 Posted September 21, 2013 Report Share Posted September 21, 2013 everything you download from indo is good, no restriction Thintwit1954 1 Quote Link to comment Share on other sites More sharing options...
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