There are hundreds of currency exchange robots but Forex Torpedo has attracted my attention. Why? Because it claims to beat other robots by rather than using just past data, predicting market price. It asserts it uses artificial intelligence and other bells and whistles to do that. It is fascinating, but I have some doubts. Are not other EAs really doing the same thing? There are plenty of EAs which profess to use A.I out there and to be blunt, there is not any way we are able to see how they employ it and if they use it at all . Anyone can say they use articifial intelligence technology and get away with itbecause it’s impossible to confirm it. But at the end of the day what matters are the particular results. Does the expert advisor give good results? That is what matters, not that it foresees market or uses past information. So, having said that, I’ll leave it there. We should judge a currency exchange EA by its results, not by its features.

Tags: Artificial Intelligence, automated software, currency trading, EA, expert advisor, forex bot, forex trading, review, trading software

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