More recently, the Internet and systems associated with the Forex exchange have become literally overwhelmed with information about free advisors. A lot of offers to download one or another of them, which will help increase revenues to fabulous amounts, comes and goes to a novice trader.
Naturally, if all the free advisors really allowed trading on the Forex exchange without risks and only with an increase in income, then there would be much more people with millions in the account than now.
It should be noted that they help traders increase their well-being. They allow beginners to understand the basics of trading, understand the principle of trading on the exchange. So what are these free algorithms and why are they so popular on the Internet?
Comparative characteristics of advisors come down to the global trading scheme of the currency exchange - Forex. It is believed that most of them are used in various trading terminals.
All Forex trading algorithms are divided into three links:
1. Advisors that are created by someone and can be purchased for a certain amount of money;
2. Stolen advisors merged into the Internet for general use;
3. Advisors who have posted on general display to help novice traders.
It is the first group of advisors developed by large exchange organizations that is used on the most deserved, reputable world funds. Such advisors cannot be found just like that, they are not discussed by ordinary traders. You can’t buy such developments, because such things cost a lot of money. It will be about the last group, about free advisors. Naturally, it is not so important in the advisor whether it is paid or not. The only important thing is how it works and whether it is possible to use it to increase your income level.
Studying the information about them, we can draw an interesting conclusion - most of the free algorithms are unpromising. But then the thought immediately creeps in - if they cannot help, why are they needed? Maybe then it’s better without them at all?
The first reason is the need to help “meet” the buyer and seller. After all, Forex is a union of people who want to sell or buy something.
The second reason is that most of these deals are speculation. And they are built on the confidence of both sides in the dynamics of the market that it will go in the “right” direction.
Free Forex Advisors
Free advisors are directly involved in this entire procedure. If suddenly all traders decide to move in the same way, then brokers will not be able to find many counter orders of the right price. As a result, prices will be lower, and some transactions will be at a lower cost or even lead to a complete collapse and zeroing of the account.
Therefore, it is impossible to enter the interbank level with only one trading strategy. For this, there are free algorithms. Of course, they cannot act as a panacea for a novice trader, but they will allow you to acquire Forex trading skills.
I have been trading Forex for more than 5 years, mostly with manual and automatic trading. I set up advisors for round-the-clock automated trading. I'm sure I can help to establish your trading skills....