The first commercial forex robot released to the public was Forex Autopilot. And incredibly it still is on the market. But does it work? Do folks still make profit with it? It’s a question that isn’t simple to respond to. One thing is for sure, people are still purchasing it.
To point out if a EA works without testing it’s a troublesome task. And even if you test, it does not mean it works the same for everyone. EAs are often very sensitive to market changes and break simply. What does this expert advisor have to stand the test of time? Well, first of all, it’s being updated. The developers are still working on it, otherwise they would not be selling it. So it is important to notice that it’s not the same robot as it was three years back when it was originally released. If you buy it now, you purchase an updated version.
The conclusion is that it can make profitable trades, but traders keep looking for for a better and better robot. It’s not enough to make little profit, they need significant and consistent profits. That’s what drives EA users and because of that they’re going to keep buying every new EA that comes out.