Do free EAs are useful in long term?

 

Hello,

Ive tried developing own EAs from developers but its been struggling. However, I found appropriate results by using readymade EAs. 

Ive been using free EAs for last two months and they have somehow handled ups  and down when market become volatile. 

My question is that can I depend on free EAs safely for longer period of time?

Please advise. 

Thanks and king regards,

Aamir

 
aamirsecond:


My question is that can I depend on free EAs safely for longer period of time? 

Hello,

To find out from the start about the advantages and disadvantages of an EA 
is to know in advance what strategies are implemented in the EA, what technical indicators are used,
how complete trading management has been written in the EA when handling entries,
and so on.

Unfortunately if we don't know all about that then
we can't imagine how EA will work for longer period of time.

Good luck.

Reason: