One of the first forex EA released to the market was Forex Autopilot. And amazingly it still is on the market. But does it still work? Do people still make money with it? It’s a question that’s not straightforward to respond to. One thing is for sure, people are still buying it.
To point out if a EA works without testing it is a troublesome task. Even if you test, it does not mean it will work the same for everybody. EAs are often extremely susceptible to market changes and break simply. What does this EA have to stand the test of time? Well, first of all, it’s being updated. The developers are still updating it, or they wouldn’t be selling it. So it’s important to note that it’s not the same robot as it was 3 years back when it was first sold.
The conclusion is that it can make profitable trades, but traders keep seeking for a better and better robot. It is not enough to make small profit, they need significant and consistent profits. That’s what drives robot users and for that reason they’ll keep buying each new EA that comes out.
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