Forex robots are available in the online forex trading market. They are just the softwares which apply your strategy on your account. In my veiw they just do what you feed into them. The only advantage is that these robots are free of emotions. They are there to apply the strategy no matter you make money or not. They donot get tired sitting on the system like human. Neither have highblood pressure when the market whipsaws. These robots are not good for small equities. One can apply and test them on larger accounts, but it is always advisable to use these robots on demo accounts first. Since these robots are meant to apply the same strategy in the similar circumstances, therefore always test them for atleast one month and make different charts for different timeframes to judge the performance. Only after a comprehensive test a forex robo system can be said to be safe for live trading.
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