How to choose a successful Expert Advisor ?
The performance of an Expert Advisor will always be variable because there are no certainties in the financial markets. And that of Forex is no exception. A trading robot’s mission will be to close as many positions as possible by creating profit. It will also close losing positions. But in this specific case, it will be to avoid a greater loss when an open position will be difficult to recover in profit taking. Ideally, you will need to choose an Expert Advisor that matches your goals and the amount you are willing to invest.
Consider using a VPS (virtual server with Microsoft Windows) to install MetaTrader 4. The connection (ping) between the VPS and the Broker’s server will be significantly improved. Which can be up to 20 or 30 times faster than on a desktop computer. This will promote the speed of execution of orders by the trading robot and also increase the potential for profit taking.