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Guest David1713006337
Posted

Listen to this long time forex trader... to date, no EA has ever proven to be continuously profitable in all market conditions.

 

Second observation ... if an EA was continuously profitable in all market conditions, you wouldn't see the EA being sold, the programmer would keep the system and make money trading instead of spending all of their time trying to market it. Ask yourself...if you developed a remarkable EA that made constant money day after day, would you quit trading and market same?

 

Hint: learn a manually traded forex system and start trading on your own instead of chasing something that doesn't exist my friends.

Posted
Look at the trades- it's making one pip on GBPJPY in one second. That is only possible without a spread. There are brokers that don't have a spread but then they charge equivalent commissions- so that 1 pip win on GBPJPY would actually be a much bigger loss.
Posted
not completely true... :)

it is possible to take 1-2 pips in 1 second

arbitrage EA

does not rely on any indicator, works in any condition... etc, etc... :)

 

Problem is just about all the trades are open and closed in one second. I really doubt that's possible if the account had spread factored in.

Posted

Thread Name = Is it Possible?

 

Answer = NO...

 

This is not possible, in this particular case, because, it's alice in wonderland data feed, I'm talking about FXCH...

 

It would definitely be a demo account on FXCH, a total waste of time, trying to use arbitrage on that broker, since we know it's a scam bucket shop broker...

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