In this part 3 of "Do expert advisers or Forex robots really work?" I will show you what to look out for when buying an EA. In the first two post I showed you how the variables of a forex robot can be manipulated to achieve great results. I talked about the concept of curve fitting. In this post I will again show you screen shots of test results and how to read the MT4 reports displayed on the landing pages.

I just want to make something very clear, and I mentioned this in my previous posts. ...
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In this second post of "Do expert advisers or Forex robots really work?" I will take you through some real live examples of what I meant in part 1. In part 1 of this post I talked about how the creators of these Robots curve fit the parameters to create a so called, profitable robot, that everyone wants to buy.

I just want to make one thing very clear here, I'm not slamming or discrediting anyone in these posts. I'm just showing how some of these results are generated. I program EA's as well,...
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I thought of writing one post on this subject but it soon became evident that the post will just be too big, so I decided I will split the post into parts. This is the first part in a series of three. I will try and make this as informative and interesting as possible.

Right, so lets get started. One day you decided it's time you bought yourself a money making forex robot. You heard about this cool thing called an expert adviser that trades automatically and makes a bucket load of cash.

Before...
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