Can Forex Torpedo Forecast Markets?
There are masses of forex expert advisors but Forex Torpedo has attracted my attention. Why? Because it claims to beat other EAs by rather than using just past data, forecasting markets. It says it uses artificial intelligence and other knobs and bells to do that. It is fascinating, but I have some concerns. Are not other EAs truly doing the same thing? There are plenty of bots that claim to use A.I out there and to be frank, there is not any way we are able to see how it’s used by them and if they employ it in any way. Anyone can say they use AI methods and get away with itbecause it is impossible to approve it. But at the end of the day what matters are the results. Does the EA produce good profit? That’s what matters, not that it foresees market or uses past info. Having said that, I could leave it there. Judge a foreign exchange expert advisor by the results, not by its features.