There are hundreds of currency exchange EAs but Forex Torpedo has attracted my attention. Because it says to beat other robots by rather than using just past info, forecasting market price. It is saying it uses A.I and other knobs and whistles to do that. Well, it is interesting, but I’ve got some doubts. Are not other robots really doing the same thing?

There are a lot of EAs that claim to use artificial intelligence out there and to be blunt, there’s no way we will see how it’s used by them and if it’s used by them in any way. Anyone can say they use articifial intelligence technology because it is impossible to approve it. But at the end of the day what matters are the particular results.

Does the EA bring good profit? That is what matters, not that it predicts market or uses past data. Having said that, I’ll leave it there. Judge a forex robot by the results, not by its features.