I'm new to the world of Expert Advisors, but I'm determined to learn how to choose trustworthy EAs and avoid scams and misleading marketing.
My first lesson: I initially thought that the EAs at the top of the MQL5 rankings were the best. But the more I researched, the more I realized that popularity and good marketing don't necessarily mean an EA is trustworthy.
That's why I've decided not to rush into buying anything and instead learn how to tell the difference between a good EA and a well-marketed one.
I'd really appreciate recommendations for useful MQL5 articles and forum discussions about choosing EAs, marketing tricks, and hidden risks. :)
EA Marketing, Reviews and Market Manipulation
https://www.mql5.com/en/forum/364384#comment_21163904
How to Choose an EA — especially “Be careful”
https://www.mql5.com/en/articles/10212
Detecting Suspicious Backtests / History Reader EAs
https://www.mql5.com/en/blogs/post/760307
My first lesson: I initially thought that the EAs at the top of the MQL5 rankings were the best. But the more I researched, the more I realized that popularity and good marketing don't necessarily mean an EA is trustworthy.
That's why I've decided not to rush into buying anything and instead learn how to tell the difference between a good EA and a well-marketed one.
I'd really appreciate recommendations for useful MQL5 articles and forum discussions about choosing EAs, marketing tricks, and hidden risks. :)
EA Marketing, Reviews and Market Manipulation
https://www.mql5.com/en/forum/364384#comment_21163904
How to Choose an EA — especially “Be careful”
https://www.mql5.com/en/articles/10212
Detecting Suspicious Backtests / History Reader EAs
https://www.mql5.com/en/blogs/post/760307
