Can you Make Money Trading Forex with EAs? The Real Truth...

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  • Опубліковано 22 сер 2024
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КОМЕНТАРІ • 78

  • @AnthonysTradingChannel
    @AnthonysTradingChannel Рік тому +2

    Thank you for sharing this video. It was informative.

  • @DateGuru
    @DateGuru Рік тому +7

    when you say that your mission and goal is to help novice traders, your body language doesn't add up and it's immediately obvious that something is not right here. Your goal is to advertise brokers and sell affiliate links. Here's how you make money as "a trader". A real trader makes money in the market by the way.

    • @2k0414
      @2k0414 Рік тому

      i might trust you if you were able to grow a 25 dollars to 100 dollars using EA. for now your a scammer.

    • @PetkoAleksandrov
      @PetkoAleksandrov  Рік тому +5

      Hi DateGuru, you are entitled to your opinions. I am honest and transparent. I show you my live accounts, both positive and negative. I share information. What you do with that information is entirely your choice.

    • @2k0414
      @2k0414 Рік тому +3

      @@PetkoAleksandrov then do a video with 25 dollar balance and use EA, if your successful then we will trust you all the way.

    • @germank7924
      @germank7924 Рік тому +2

      I kinda agree, but we have to point out that "my mission is to make money" is true for 99.99% of people online or offline, and kinda boring if it was to be repeated 1 million times a day

    • @fineas4
      @fineas4 Рік тому

      It‘s one of the goals, not the supreme goal maybe
      The supreme goal is to make money, either it is youtube or affiliates. I would also do affiliates to make money, why not?

  • @sanojik3249
    @sanojik3249 Рік тому +1

    Genuine
    Genuine guy
    Genuine reviews
    Keep up the passion
    Because
    Its the passion
    That keeps you
    Genuine...

  • @healthandfitnessPS
    @healthandfitnessPS Рік тому

    Man well done about your channel and how you try to help people, Ok look I have the same history like you said before, about I lost and I said to my self never more, but look at your channel and see many videos on you tube I have a question . I have no money and I want to start from zero and I was thinking about futures, do you think is possible to use yours EAs to help me with Futures ?

  • @user-gi4ug4ot9l
    @user-gi4ug4ot9l Рік тому +1

    Hi great video as always Im testing a couple of EAs at the minute including the Perceptrader from earlier in the week. Can the indicator shown in this video be incorporated into an EA as London open and NY open are my best times to trade but I cant always be on the charts at these times so miss out? Thanks again for the content.

    • @PetkoAleksandrov
      @PetkoAleksandrov  Рік тому

      Hi user-gi4ug4ot9l, we don't have access to the source code, so it is impossible to know which indicators they are using. You can however use EA Studio to set your trading times, but it will be with different indicators, depending on the EAs you create and backtest.

  • @markfish5098
    @markfish5098 Рік тому +1

    brillant conttent thanks

  • @dominicp9301
    @dominicp9301 Рік тому +1

    I have been losing money trading manually for year now. Starting from scratch with EA's seems like a huge mountain to climb. Realistically what sort of % monthly returns can you achieve with EA's?

    • @PetkoAleksandrov
      @PetkoAleksandrov  Рік тому

      Hi dominicp9301, many factors will determine this. Market conditions, risk settings, account size, leverage, broker selection. It will take time if you want to do it correctly. Start small and build up slowly with low risk settings.

    • @rufdymond
      @rufdymond 3 місяці тому

      As someone who’s been trading for 12 years I’ve never come across a commercially available EA that makes money long term. Now I’m not saying that they are not out there, but I’ve never found one. I would say to anyone, first learn to trade, and then if you’re able learn to write your own EAs or get someone to write them for you. To the answer the question…..is it possible to make money with EAs. Yes, is it easy to make money with EAs, absolutely not.
      As well was being a trader I have over 20 years experience as a software developer - and even I find it challenging to write profitable algorithms. The other thing to note is, I’ve never written EA that works in all market conditions, they all have to be monitored and sometimes switched off……you are not going to get a one size fits all EA.

  • @jorgecamara1030
    @jorgecamara1030 Рік тому +2

    Hello you right...

  • @cowabungamusic3558
    @cowabungamusic3558 Рік тому

    Thanks Mate, your videos are really helpful, just wondering I'm wanting to get into Forex trading as a complete newbie. Do you have a video of yours or a course that you would recommend to look at to go step by step to set up and start doing this from the very beginning. Lots of information out there, just don't know what to trust and many gloss over information that I would like to know to feel like I'm doing the set up properly. :)

    • @PetkoAleksandrov
      @PetkoAleksandrov  Рік тому

      Hi cowabungamusic3558, we have many courses on Udemy that will help you get started. Check out this one: www.udemy.com/course/forex-algorithmic-trading-for-beginners-30-robots-monthly. Once completed, you can do any of the others. They will all help you.

  • @markfish5098
    @markfish5098 Рік тому +4

    ever thought of review eas by expert4x eg profit retriver, grit trend multiplier, make money. all use unconvential strategies

  • @boladaleogunwuyi8306
    @boladaleogunwuyi8306 6 місяців тому

    The link to the currency pairs strength monitor panel is not in the description as promised in the video. Please kindly include it. Thanks

    • @PetkoAleksandrov
      @PetkoAleksandrov  6 місяців тому +1

      It's called the FPSM, and the link is provided below the video

  • @mamutots8329
    @mamutots8329 Рік тому

    nice thank you sir..

  • @hoorpari3688
    @hoorpari3688 Рік тому

    Thank you for your such wonderful work. Please make a video on EA on gold for newbies with small account (1k $)

    • @PetkoAleksandrov
      @PetkoAleksandrov  Рік тому

      Hi hoorpari3688, you can use the Golden Pickaxe, and set it up for use with a small account. Check out this video: ua-cam.com/video/jfRWqe7qDtQ/v-deo.html

    • @hoorpari3688
      @hoorpari3688 Рік тому

      @@PetkoAleksandrov really appreciate your quick response. You're the best.

  • @PatrickTau-mk3it
    @PatrickTau-mk3it Рік тому

    Thanks Petko nice content ad always.
    Please share one robot with me for testing.

    • @PetkoAleksandrov
      @PetkoAleksandrov  Рік тому

      Hi PatrickTau-mk3it, most of our videos have free EAs available for download. the download links are in the descriptions.

  • @user-ri8ey5qm9b
    @user-ri8ey5qm9b Рік тому

    Do you provide private mentoring or do you entertain individual questions. I like the EAs but I have never succeeded in loading EAs on my MT4/MT5.

    • @PetkoAleksandrov
      @PetkoAleksandrov  Рік тому

      Hi user-ri8ey5qm9b, we do offer one-on-one calls, but it's very easy to load EAs onto your platform. Have a look at this video: ua-cam.com/video/qEB_xGCeIVU/v-deo.html. You can also ask other users to assist in our forum: eatradingacademy.com/forum/. If you would like to book a call, please email us at info@eatradingacademy.com

  • @richardalexander2814
    @richardalexander2814 Рік тому

    Hey Petko, great vids. I'm a crypto trader on crypto exchanges and using Mac computer. I've never traded forex or used Meta trade platforms so question can you use Meta trade on a Mac and how hard is it to covet from crypto trading to the system you use cuz its a very different set but like your bot trade systems and all the different strategies available off the shelf, amazing. Thanks

    • @richardalexander2814
      @richardalexander2814 Рік тому

      Also I've looked at your course but wont jump until I understand if can use a Mac and if I'm kidding myself on meta trading platform, could use it

    • @PetkoAleksandrov
      @PetkoAleksandrov  Рік тому

      Hi richardalexander2814, as mentioned below, you can use a Mac. Check out this link www.metatrader4.com/en/trading-platform/help/userguide/install_mac

  • @aidarbeymanaliev6785
    @aidarbeymanaliev6785 4 місяці тому

    у вас много видео. я посмотрел многие. никак не пойму какой робот самый рабочий, годен для использования много лет. какой вы используете уже продолжительное время? очень хочу подключить

    • @PetkoAleksandrov
      @PetkoAleksandrov  4 місяці тому +1

      Наши наиболее стабильные результаты были с Waka Waka, но мы используем его с настройками низкого риска и стремимся к 1-3% в месяц.

  • @blessinggeorge2417
    @blessinggeorge2417 2 місяці тому

    Why is my waka waka EA not taking trades automatically?

    • @PetkoAleksandrov
      @PetkoAleksandrov  2 місяці тому

      I really cannot say. Please contact the developer's support and ask them to check if all of your settings are correct

  • @chekov885
    @chekov885 Рік тому

    Started building EAs with FX dreema. Not very good EA building software but I learned a lot which is fine. I take your site very seriously and appreciate everything your sharing. I will be joining EA studio and will view all your site content. I love manual trading but it is hard to find the time. Test and be cautious. It is very difficult to build a bot that consistently gives profit. Love your caution and risk management.

    • @PetkoAleksandrov
      @PetkoAleksandrov  Рік тому

      Hi benjaminmoscatiello5996, I believe you will be happy with EA Studio and it's real-time backtesting and Validator. If you have good manual strategies, it will be great to automate them with no programming in EA Studio.

  • @deanmills7129
    @deanmills7129 Рік тому

    Do you have an MT5 version of the FPSM indicator?

    • @PetkoAleksandrov
      @PetkoAleksandrov  Рік тому

      Hi deanmills7129, there isn't an MT5 version available. However, what we do as a workaround is to install an MT4 platform and run it alongside our MT5, then simply use it to view the FPSM, and use it to analyze the currency strengths, and trade with MT5

  • @tvaughan08
    @tvaughan08 2 місяці тому

    what's a great EA for swing trades

    • @PetkoAleksandrov
      @PetkoAleksandrov  2 місяці тому

      We haven't found one yet, but once we do, we will publish a video with our results

  • @2k0414
    @2k0414 Рік тому

    very expensive for those who have low income work. can you make a video that the low incomers worker can afford? thanks

    • @PetkoAleksandrov
      @PetkoAleksandrov  Рік тому

      Hi HBuffs, check out this video: ua-cam.com/video/ib9ce2bnK1k/v-deo.html

  • @economicplant3240
    @economicplant3240 Рік тому

    What is the prop firm called with the one trader with 33 million under management

    • @PetkoAleksandrov
      @PetkoAleksandrov  Рік тому

      Hi economicplant3240, it's Darwinex Zero, but it's not a prop firm, it's an asset management system.

  • @JH-341
    @JH-341 10 місяців тому

    HI..I'd like to ask if i have 2 different EA running on one broker acc but 2 different market,how can i turn off one EA without deleting it and keep the other one running?

    • @PetkoAleksandrov
      @PetkoAleksandrov  10 місяців тому +1

      Hi JH-341, the easiest would we to simply right click on the chart, select Expert Advisor -> Remove. When you're ready to have it start trading again, simply re-attach it to the chart by dragging it on from the Navigator. Remember to manually close any positions the EA has opened if you want it to stop all trading for the period you decide.

    • @JH-341
      @JH-341 10 місяців тому

      @@PetkoAleksandrov Thank you and Have a nice day

  • @ajfrost4101
    @ajfrost4101 Рік тому +1

    thanks petko ❤️❤️❤️

    • @ajfrost4101
      @ajfrost4101 Рік тому

      okay petko i will message you . .

    • @ajfrost4101
      @ajfrost4101 Рік тому

      well i am an Introducting broker from a 2 brokers. I can make you an IB in both brokers i am in right now. you have a lot of subs. maybe you can get some of you subs to be your clients and earn commission $3-$7 commssion per 1lot trade of your invites. and also we have copy trading

  • @nicolaaskolz9999
    @nicolaaskolz9999 Рік тому

    Hi, is this indicator only for mt4? I really need one for mt5

    • @PetkoAleksandrov
      @PetkoAleksandrov  Рік тому

      Hi nicolaaskolz9999, we always provide both MT4 and MT5 EAs.

  • @ryazwinski
    @ryazwinski Рік тому +1

    Best way to make money in forex is building/selling EAs

    • @PetkoAleksandrov
      @PetkoAleksandrov  Рік тому

      Hi @ryazwinski, the best to make money in Forex is by using reliable EAs on a demo account, monitoring their performance, and removing those that are currently unprofitable, and attaching those that are profitable currently.

  • @rayhanahmed8769
    @rayhanahmed8769 Рік тому

    Do give me a ea that can really profit,in minimum profit?.
    I lose my everything 😞

    • @PetkoAleksandrov
      @PetkoAleksandrov  Рік тому

      Hi rayhanahmed8769, you can check out the Waka Waka EA, which has been on profit for more than 5 years, and is currently the record holder for the most months on profit. ua-cam.com/video/yW4sgKCOU4o/v-deo.html

  • @OliverVillanueva
    @OliverVillanueva Рік тому

    does your free EAs comes in .mq5 files?

  • @olayemiafolabi7421
    @olayemiafolabi7421 Рік тому

    But is not say to access the indicator plss

    • @PetkoAleksandrov
      @PetkoAleksandrov  Рік тому

      Hi olayemiafolabi7421, here you go: 1drv.ms/f/s!ArAxmkRnZC1_jrtEW9USbLO05Vm6ug?e=i28UJ9

  • @videosrandom4310
    @videosrandom4310 Рік тому

    Hello Petko, i have purchased a bot recently and need help backtesting it. Could you assist me with this. I could email you the files

    • @PetkoAleksandrov
      @PetkoAleksandrov  Рік тому

      Hi videosrandom4310, have a look at this video that explains the whole process of backtesting: ua-cam.com/video/g7Dq11Zbqxw/v-deo.html

  • @prplutem
    @prplutem Рік тому

    Thank you putko aleksakov

  • @RohitGupta-619
    @RohitGupta-619 Рік тому

    Hi sir, long ago I was searching for free EA and I got a EA called Scalper AI EA. It is mt4 EA and when I backtested it result was shocking. It made hell of profits with less losses but in demo it was working like ok I don't know why. Is there any chance to contact you so I can send that EA to you for test so you can test it and if it's worth then give it to everyone.!

    • @PetkoAleksandrov
      @PetkoAleksandrov  Рік тому

      Hi RohitGupta-619, I will try to test it sometime, and make a video about it.

    • @RohitGupta-619
      @RohitGupta-619 Рік тому

      @@PetkoAleksandrov is there any way to contact you so I can send that EA? Email or anything so I can send that video link from where I downloaded EA because it's not available on mql5, i found it on UA-cam.

    • @germank7924
      @germank7924 Рік тому

      haha, very noble cause. The way the world works, you're more likely to get discussions and reactions if you make your own video(s) for the Scalper and put them online. If you've been doing this for a while though you know scalping is the worst kind of algo for going live when you have a good demo!