Every EA has Pro and Con. Don't expect everything in trading to be the best. It come to risk management.
The best well-established EA systems to blow up your account, is Martingale system and grid system.
Hi How do you mean Should a professional trading advisor be expensive?
yoshida3599:
Can someone tell me which ea is the best in MQL5 market ? There are so many EAs in MQL5. It is difficult to find good EA.
Can someone tell me which ea is the best in MQL5 market ? There are so many EAs in MQL5. It is difficult to find good EA.
There is no single “best” EA on the MQL5 Market — performance depends on strategy, market conditions, and broker.
To find good EAs:
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Sort by number of rentals/purchases
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Filter by high rating with many reviews
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Check verified real account signals
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Look for consistent performance over 6+ months, not just backtests
Avoid EAs with only great backtests or short-term hype. Always test on demo first.
I don't believe there're any REAL GREAT EAs, since I myself (and many others as well) found out, even highly rated EAs can have significant drawbacks. Yes, you can have great results in some time, but there will be period, when losses will be significant. I guess, this is not the place for always wining EA. Real great robots cost thousands and are developed by serious developers, who do not sit here.
Simonas Kavaliauskas #:
I don't believe there're any REAL GREAT EAs, since I myself (and many others as well) found out, even highly rated EAs can have significant drawbacks. Yes, you can have great results in some time, but there will be period, when losses will be significant. I guess, this is not the place for always wining EA. Real great robots cost thousands and are developed by serious developers, who do not sit here.
Losses and drawbacks are part of the game, also for professional traders and hedge funds. I don't believe there're any REAL GREAT EAs, since I myself (and many others as well) found out, even highly rated EAs can have significant drawbacks. Yes, you can have great results in some time, but there will be period, when losses will be significant. I guess, this is not the place for always wining EA. Real great robots cost thousands and are developed by serious developers, who do not sit here.
The real problem is that most of newbie traders think that a good strategy is a strategy that always win without risks, I hope I don't need to specify how impossible it is and how far it will always be from the reality.

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Can someone tell me which ea is the best in MQL5 market ? There are so many EAs in MQL5. It is difficult to find good EA.