Community Forex Questions
What is the difference between an robot and a signals?
You will find a lot of forex signals providers if you search for forex signals. A majority of them will be copied into another forum after being copied from one. If your demo account produces good results for a long time, it means the signal provider you are using is good. Furthermore, people's reviews will also reveal those signals. However, you should test them yourself.

EAs can also be found everywhere. Both free and paid services are available, and each claims to be the best in the world. Since no one sells a reliable EA at an affordable price, it is hard to find one. It takes time to test EAs in different conditions so free EAs can be tested.

In my opinion, signals are a better option. If you know about trading strategies and you can program an EA yourself, then create your own EA and test it under different conditions. You should keep improving it. Your own EA will never be better than anyone else's.
A forex robot is an automated trading system that uses algorithms to trade on behalf of a trader. It analyzes market data, identifies opportunities, and executes trades without human intervention. Forex robots are typically based on predefined trading strategies and programmed to work continuously, following strict rules.

In contrast, a forex signal is a recommendation or alert sent to traders suggesting specific trading actions based on market analysis. Signals can be generated by human analysts or automated systems, but they do not execute trades themselves. Instead, traders receive the signals via email, SMS, or apps and decide whether to follow the advice manually.

The key difference is that robots automate the entire trading process, while signals provide guidance, leaving the final decision to the trader.

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