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.
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.
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.
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