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[POOL] Buying profitable EA OR Subcribe to profitable signal

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onewithzachy
2269
onewithzachy  
  • 58%
    (62)
  • 42%
    (44)
Total voters: 129
onewithzachy
2269
onewithzachy  

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
2405
Moses Olawale Ajayi  
I will rather ask for a profitable EA, if there is, and trade with it.
Peter Atkinson-Crawford
4699
Peter Atkinson-Crawford  

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
15910
Achmad Hidayat  
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
45043
Rogerio 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
phi nuts
2181
phi nuts  
I edited subscribe to profitable EA to profitable signal. Sorry, please vote again. Previous voter was 23. 
hongden nguyen
1019
hongden nguyen  
Vote for signal provider!
Tonny Obare
47945
Tonny Obare  
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
3723
Liping Wang  
Agree with figurelli.
Oluwadare Paul Oguntosin
633
Oluwadare Paul Oguntosin  
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
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