Download MetaTrader 5
To add comments, please log in or register
Any questions regarding MQL5 Cloud Network? FAQ will help you!
onewithzachy
2271
onewithzachy 2012.11.19 16:39 
  • 58%
    (61)
  • 42%
    (44)
Total voters: 128
onewithzachy
2271
onewithzachy 2012.11.19 16:41  

I don't buy EA anymore ever since I can coding my self, and I haven't try mql5.com signal service.

Just curiosity, which one you do, whether buying or subscribing single or multiple EA or Signal ?,  

If I buy EA(s) and later the EA(s) is not profitable anymore, or no longer supported, then I end up with unused EA(s). And so I have to buy a new profitable EA(s).

If I subscribe to signa(s)l and later the signal(s) is not profitable anymore, or no longer supported, And so I have to change my subscription to some other profitable signal(s).

BTW this pool, I think also important if you plan and have to decide whether to sell your EA in Market or just sell it's signals. 

Moses Olawale  Ajayi
2370
Moses Olawale Ajayi 2012.11.19 18:29  
I will rather ask for a profitable EA, if there is, and trade with it.
Peter Atkinson-Crawford
4700
Peter Atkinson-Crawford 2012.11.20 00:15  

While the demo version of the EA you may wish to purchase is free, it's still only for 30 days and that's really only good for running backtests.

With a Signal, you can see proof of its workings over a potentially much longer period of time.

So for me, Signal is the way to go (depending on subscription cost) and maybe think about purchasing the EA later if there is one for that Signal.

Achmad Hidayat
14766
Achmad Hidayat 2012.11.20 00:57  
I think the advantage of buying EA is that we can fully control the work of EA, whereas if we subscribe to the EA we can not fully control. The EA could have stopped at any time by the provider, and we can not do anything about it. Just my opinion.
Rogerio Figurelli
Moderator
37496
Rogerio Figurelli 2012.11.20 21:33  
I do agree with achidayat, and a signal is a black box while an EA, in the worst case, is a grey box. In my opinion the best case is have the source code (the white box) when possible, so you have all the potential and strategy in your hands
phi nuts
2184
phi nuts 2012.11.20 23:53  
I edited subscribe to profitable EA to profitable signal. Sorry, please vote again. Previous voter was 23. 
hongden nguyen
948
hongden nguyen 2013.01.27 16:49  
Vote for signal provider!
Tonny Obare
24099
Tonny Obare 2013.01.27 17:07  
Signal is expensive in the long run(if the charge is volume based or is charged a fixed fee of over $25 a month), can be stopped anytime and finally higher chance of missing trades if signal server has connection issues.
Liping Wang
3652
Liping Wang 2013.01.27 17:10  
Agree with figurelli.
Oluwadare Paul Oguntosin
615
Oluwadare Paul Oguntosin 2013.01.27 18:04  
figurelli:
I do agree with achidayat, and a signal is a black box while an EA, in the worst case, is a grey box. In my opinion the best case is have the source code (the white box) when possible, so you have all the potential and strategy in your hands

completely agree with you. Instead f buying an EA or subscribing to a signal whether profitable or not i'll rather upgrade my trading technique to an EA and use it for trading. That is better than buying an EA that i don't know what technique its using for pacing order/for trading.

/ /12
To add comments, please log in or register