Automated Trading Systems - Can Success Be Programmed?

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asked Aug 17, 2019 in Electron Microscopy by shanusweet (1,780 points)

Once you have access to the results of the EA that Fibo Quantum Scalper you are researching then it is time to take a closer look at those results and break down the history. Initially you should be looking for the amount of trades that this robot is exercising in any one day, what you don't want is multiple trades on the same currency pair. This is an attempt by the trader to manipulate the results by increasing the daily pip take.

For instance, there might be a good winning trade on the GBP/USD but it only has a 10 pip target profit. The robot will open multiple tickets on this trade to make the pip count look exceptional. If a 10 pip trade has opened 10 tickets then it will record a 100 pip win for that day when in fact you have risked 10 times your margin to get those results. NOT GOOD!

Once you have established that the results table is genuine and deserves further due diligence then it is time to look at the vendor themselves. Find out who is behind the EA and if they have any trading history or background. Look for contact details and see if you are able to get hold of the selling to ask questions and find out what support they offer.

https://optimusforexreview.com/fibo-quantum-scalper-review/

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