Forex Robots that Really Work
Forex Robots that Really Work is a part of the Algorithmic Trading Course for Beginners+ 40 EAs. Enroll in the course on our website: https://eaforexacademy.com/s/Ui1YL
Are you looking for Forex Robots that really work?
Our Forex Robots have now been running on our charts for a few days, and we're going to very quickly look at the results and then I'm going to show you how to export it as a report.
So as you can see, we are now looking in the trade window of IG.
And from here, what you want to do is you want to go to the third tab, which is Account History, we're going to click on that. And then you can see that we have a profit of around $50 in this account.
We're going to go to JFD - very similar, we have a profit of $44. On FXTM,
we have a very small loss of $4.5.
And on DukaScopy, we have also a very small loss of $2.65. So our 2 profitable platforms, our 2 profitable brokers are IG and JFD. So these are the 2 that we are going to use moving forward.
So what I want to do first is I want to download this as a report and it's very easy to do. All we're going to do is in the Account History window, we're going to right-click anywhere, we're going to click on Save as Detailed Report.
You'll see it comes up with this popup window and a file name and a file location. So I'm going to put it straight into my Downloads and I'm going to call this one DetailedStatement, and this is IG, click Save.
I'm going to do the very same thing with JFD in the Account History window. Right-click, select Save as Detailed Report, and this one I'm going to call DetailedStatement - JFD.
And I'm going to save that. Right. Now, we have 2 detailed reports and if we open them up, you can see it here. What you can see is here we have all of the closed transactions.
So these are all of the transactions that have opened and closed and this is our profit and loss on those. And as you saw earlier, we have a profit of $44.07 on our close, and then we have a whole lot of open trades.
Don't worry too much about the open trades, what we're interested in right now is the closed trades. So this is obviously the one for JFD as you can see on the top.
And again, we have a close profit of $44.
And if we look at our statement from IG, we have a close profit of $49.50. So what we can see when comparing the 4 brokers is that it's very important to have a low spread and a low commission.
If you remember, on JFD, our spread was around 4-5 points and the commission was about $6 a lot. On IG, the spread was slightly higher. It was kind of between 6 and 9 but there is no commission.
On FXTM, which is where we had a small loss, we have a large spread of around 18-20, but no commission.
And on DukaScopy, we have a small spread of around between 4 and 5 points, but we have a large commission of about $9.50 per lot.
So again, when selecting your broker, it is very important to look at what they charge as a commission as well as what the spread is. Based on these results, these are the 2 brokers that we're going to use moving forward.
I'm going to be showing you how we actually analyze the performance of the EAs on each one of these platforms and how we select the EAs that have been profitable on both.
The lecture - Forex Robots that Really Work, and the course are included in our Trading Packages: https://eaforexacademy.com/s/NSsvJ.
The software that we prefer to use in the Forex Academy:
★ Forex Strategy Builder Pro - 2 weeks trial:
https://eaforexacademy.com/s/hSy3e
If you want to create your own Forex Robots that Really Work:
★ Test EA Studio with a 15-days trial and get the FREE course:
https://eaforexacademy.com/s/qsJpF
� If you have any questions about Forex Robots that really work, please, write in our trading Forum, where you will receive an answer within 12 hours.
https://eaforexacademy.com/s/XzHqM
All our online algorithmic trading courses are available on our website:
https://eaforexacademy.com/s/KPMvz
Let’s connect on social media:
Facebook: https://www.facebook.com/eaforexacademy/
Instagram: https://www.instagram.com/eaforexacademy/
LinkedIn: https://www.linkedin.com/company/33249615/
Twitter: https://twitter.com/EAForexAcademy/
Are you looking for Forex Robots that really work?
Our Forex Robots have now been running on our charts for a few days, and we're going to very quickly look at the results and then I'm going to show you how to export it as a report.
So as you can see, we are now looking in the trade window of IG.
And from here, what you want to do is you want to go to the third tab, which is Account History, we're going to click on that. And then you can see that we have a profit of around $50 in this account.
We're going to go to JFD - very similar, we have a profit of $44. On FXTM,
we have a very small loss of $4.5.
And on DukaScopy, we have also a very small loss of $2.65. So our 2 profitable platforms, our 2 profitable brokers are IG and JFD. So these are the 2 that we are going to use moving forward.
So what I want to do first is I want to download this as a report and it's very easy to do. All we're going to do is in the Account History window, we're going to right-click anywhere, we're going to click on Save as Detailed Report.
You'll see it comes up with this popup window and a file name and a file location. So I'm going to put it straight into my Downloads and I'm going to call this one DetailedStatement, and this is IG, click Save.
I'm going to do the very same thing with JFD in the Account History window. Right-click, select Save as Detailed Report, and this one I'm going to call DetailedStatement - JFD.
And I'm going to save that. Right. Now, we have 2 detailed reports and if we open them up, you can see it here. What you can see is here we have all of the closed transactions.
So these are all of the transactions that have opened and closed and this is our profit and loss on those. And as you saw earlier, we have a profit of $44.07 on our close, and then we have a whole lot of open trades.
Don't worry too much about the open trades, what we're interested in right now is the closed trades. So this is obviously the one for JFD as you can see on the top.
And again, we have a close profit of $44.
And if we look at our statement from IG, we have a close profit of $49.50. So what we can see when comparing the 4 brokers is that it's very important to have a low spread and a low commission.
If you remember, on JFD, our spread was around 4-5 points and the commission was about $6 a lot. On IG, the spread was slightly higher. It was kind of between 6 and 9 but there is no commission.
On FXTM, which is where we had a small loss, we have a large spread of around 18-20, but no commission.
And on DukaScopy, we have a small spread of around between 4 and 5 points, but we have a large commission of about $9.50 per lot.
So again, when selecting your broker, it is very important to look at what they charge as a commission as well as what the spread is. Based on these results, these are the 2 brokers that we're going to use moving forward.
I'm going to be showing you how we actually analyze the performance of the EAs on each one of these platforms and how we select the EAs that have been profitable on both.
The lecture - Forex Robots that Really Work, and the course are included in our Trading Packages: https://eaforexacademy.com/s/NSsvJ.
The software that we prefer to use in the Forex Academy:
★ Forex Strategy Builder Pro - 2 weeks trial:
https://eaforexacademy.com/s/hSy3e
If you want to create your own Forex Robots that Really Work:
★ Test EA Studio with a 15-days trial and get the FREE course:
https://eaforexacademy.com/s/qsJpF
� If you have any questions about Forex Robots that really work, please, write in our trading Forum, where you will receive an answer within 12 hours.
https://eaforexacademy.com/s/XzHqM
All our online algorithmic trading courses are available on our website:
https://eaforexacademy.com/s/KPMvz
Let’s connect on social media:
Facebook: https://www.facebook.com/eaforexacademy/
Instagram: https://www.instagram.com/eaforexacademy/
LinkedIn: https://www.linkedin.com/company/33249615/
Twitter: https://twitter.com/EAForexAcademy/
