What is better for trading on Forex - your own advisor or from the market

Typically, advisors, or trading robots as they are also called, pursue two goals - to free the trader from sitting behind the monitor and to eliminate the human factor when concluding transactions.

Now almost no one will argue about the usefulness of scripts for automating trading; their effectiveness has been proven by many investment funds.

There is only one question left to answer: create an advisor yourself or use ready-made options from the metatrader market.

Nowadays, thousands of similar scripts are available in the trading platform; you can choose from completely free ones to robots costing several tens of thousands of dollars.

It would seem that with such a huge choice, why reinvent a new wheel yourself?

• Firstly, if you already have a ready-made trading strategy that works well, and you just want to automate the process.

• Secondly, there is a well-known rule: “If you want something done well, do it yourself.”

By creating a new robot yourself, you will be able to eliminate all the shortcomings in its work yourself, since the support of ready-made advisors, especially free ones, leaves much to be desired.

• Thirdly, thanks to the advisor designer, you can now solve almost any problem without delving too much into the coding, that’s why it’s a designer - https://time-forex.com/programmy/ensed-cor

Well, the last argument for creating it yourself may be the fact that it is impossible to buy a 100% effective advisor. Any developer will keep such a robot for himself.

Why is creating your own advisor not an option for everyone?

In order to create new scripts using the advisor designer, you still need to have a certain amount of knowledge, let alone the manual mode.

But you want to earn money right away, especially if you have the money to buy a ready-made robot with good support from the developers.

At the initial stage, stock trading on Forex using an advisor will be more effective than independent trading.

Especially if the robot has all the functionality to protect your deposit from being drained.

Therefore, we can say that using a ready-made advisor is more suitable for beginners; traders who have been familiar with stock trading for several years are still better off trying to create their own version of the script.

You can download ready-made advisors for exchange trading in the section - https://time-forex.com/sovetniki