How to Evaluate Trading Robots and not be Scammed!
What you'll learn
- Learn how to evaluate trading robots or expert advisors for Metatrader
- Learn how to backtest on Metatrader
- Learn the different types of trading robots available and their characteristics
Requirements
- Using Trading Robots or Expert Advisors on Metatrader
Description
This course is to help students learn how to evaluate trading robots (or Expert Advisors) on Metatrader 4. With trading robots costing from a few hundred to a few thousand dollars, they are not cheap and it's important that buyers understand what they are buying to ensure they buy a suitable product.
The other issue in this area is that certain trading authors are falsifying the backtest results to boost their sales. These scam products are not that easy to detect at the onset and they do not work and not only that, you cannot get your money back once you have purchased. I felt it's important to ensure people know how exactly how to run these test themselves to ensure they do not end up losing money buying these scam products
It's not difficult to run these tests and I wanted to provide a step by step guide so that anyone and everyone can learn to do this. The course is not long and can be digested quickly. Equiped with this new knowledge, you can then go out and ensure that you can purchase your trading robots with confidence.
I use a bit of software called Tick Data Suite to do all these tests and this does cost extra money to purchase. However, you can also do these tests without this software and I will show you how.
Who this course is for:
- Forex traders
Instructor
I have been in the trading space for over 15 years and have set up a YouTube channel to review trading robots or expert advisors as they are called in Metatrader.
From comments from my YouTube channel I was surprised to learn that most people have no idea how to evaluate trading robots. Not only that, certain trading authors are falsifying backtests to boost sales. These scam trading robots do not work and are designed to take money from customers. The worst thing about this all is that there is no refund for any trading robots purchased and they cost a few hundred to few thousand dollars. My first course on Udemy is to help people learn exactly how to run through these checks for themselves to help them evaluate the trading robots