Is Forex Torpedo Really Forecasting Markets?
There are hundreds of foreign exchange robots but this one Forex Torpedo has attracted my attention. Because it claims to beat other expert advisors by instead of using just past data, forecasting market price. It asserts it uses AI and other bells and whistles to do that. Well, it is interesting, but I’ve got some concerns. Aren’t other robots really doing the same thing? There are plenty of robots which claim to use A.I out there and to be blunt, there is not any way we will see how they use it and if they employ it at all . Anyone can say they use articifial intelligence methods because it is impossible to confirm it. But in the end what matters are the actual results.
Does the expert advisor give good profit? That’s what matters, not that it predicts market or uses past information. So, having mentioned that, I could leave it there. Judge a currency exchange expert advisor by the results, not by its features.
Tags: Artificial Intelligence, automated software, currency trading, EA, expert advisor, forex bot, forex trading, review, trading software