RSS Feed!

Archives

Can Forex Torpedo Predict Markets?

There are hundreds of currency exchange EAs but Forex Torpedo has drawn my attention. Because it claims to beat other expert advisors by instead of using just past info, forecasting market price. It is saying it uses artificial intelligence and other knobs and bells to do that. It is fascinating, but I’ve got some doubts. Are not other expert advisors actually doing the same? There are plenty of expert advisors which claim to use AI out there and to be honest, there’s no way we can see how they use it and if they employ it in any way. Anyone can say they use AI technology because it is not possible to approve it. But at the end of the day what matters are the particular results.

Does the expert advisor produce good results? That is what matters, not that it foresees market or uses past info. So, having said that, I could leave it there. We should judge a currency exchange robot by its results, not by its features.

Tags: , , , , , , , ,

By TC | 1. Mar 2010 | Forex | No Comments »

Leave a Reply