I Dare You to Fail - Make $100 over and over again
Commission Loop System – make a fortune online
Join our FREE Facebook and make money
AI Bots have beaten humans in chess gambling Stock Market trading and even fortnite head shot so why not the Forex markets I'm going to do research on trust pilots and Google as a complete Noob and find the best rated Bots and give it $20,000 to trade with so let's see what happens that is if my bank loan gets approved budget approved but on top of that I think it would be really interesting to put up our AI robot against some actual humans and I'm going to go and find the top social media gurus and see if this AI Bots can beat them first up we need to go and do some research and go and find these top rated AI [Music] Bots if you spent enough time on YouTube searching up various different artificial intelligent tools or on X you've likely heard of chat gdt which is like an a my assistant which you can command to do or say anything write me an 800w essay on how I can become Spider-Man this is ridiculous you now have a non-plagiarized article in the matter of seconds on how you could become Spider-Man it gets even crazier write me a python script for a basic numbers game I'm going to go and copy that and paste that into my python script yeah I have to think of a random number between 1 and 100 10 65 and 89 and it's going to keep going until I guess the number correctly all of this got me thinking how can we use this chat gbt artificial intelligence to program a trading bot my first attempt was to get chat gbt to write the code for me using their preferred language of choice chat gbt continued to use the Python language which is predominantly Linux based and started writing out the entire code for this AI bot upon running it I just continued to get error code after error code so it never actually seemed to work therefore upon coming across this obstacle I decided I'm going to go and search up for already existing Forex Trading Bots to go and try and the only way to go and find genuine and reputable ones is to use the power of trust pilot and reviews from the public coming over to Google and searching up the top rated trust pilot Bots there was quite a couple that I came across the easy trading Bots review the Satoshi bot # one I've been reading through kaora and R it to try and get an IDE a of what are some of the best trending Bots around the Satoshi bot which came up number one on Google's recommended page for the search term top trust pilot rated Bots the reviews don't look that good I mean I've seen a lot of people saying they lost thousands of dollars in just weeks Satoshi bot is run by some sort of gang written reviews are a scam one or two good reviews but then just more people claiming that they lost money and were scammed so therefore I'm not going to try out this one I'm going to continue searching and another bot or EA that I saw within a forum smar EA incubator tocom which is a Forex Trading bot that offers the Supreme EA incubator but what really pequ my interest was having a look at some of the results from this EA they claimed to have close to 20 different accounts that have verified results clicked on one of these and needless to say the results seem really impressive almost too good to be true this $100,000 account from the period of October 02 2023 to April 1st which is about 6 months made 47% on the account and took it from 100,000 to $147,450 430 with a max daily draw down of just 2.27% if this were the case I would just put my retirement fund into this but that's why I'm here to find out how true this is and what sort of gains I'm going to return on my $20,000 so that you guys can get a really realistic expectation from a trading bot for the purpose of this experiment this is the bot that I'm going to to choose purely because these results are really impressive so it will be very interesting to see if this is true or not and therefore I will be choosing this bot to trade my $20,000 for me so that by the end of 48 hours so that you guys can get a good idea on what this bot generates or loses on a daily basis I went ahead and chose the option for mt4 and mt5 checked out with it purchased it and the support sent me the files alongside with the tutorial on how to set the EA up the support recommended that I run the EA on a virtual private server which is essentially a computer on the internet that runs 24/7 so therefore if my PC has interruption or disconnects from the Internet or shuts down my trading bot will never be interrupted allowing that trading bot to continuously manage the trades I signed up and got the basic version as that's all you need to run your trading bot once you've signed up you will receive a notification saying that your VPS is busy being set up you will then receive another email in a few minutes time with your login details ready to hop onto your VP yes while I'm busy waiting let's go make some coffee [Music] the VPS is now ready you will receive an email with a main IP port username and a password which you need to go and enter on remote desktop connection go and copy and paste that IP address click on connect enter the username and password and click on okay and it should boot you up into your Windows PC which should then open up in a tab that looks like this where I can now run Windows within Windows except control this computer from the other side of the world click on full screen the next part that that I was taught in this tutorial is to go and install our trade execution platform called metatrader for Windows PC this will then download to your PC open up that execution file click on next and this will now install to your VPS from there we can now go and set up our trading bot once metat Trader opens you need to sign in with your Live account with your broker that holds your Capital I'm going to be using OCTA fx.com I am by no means an affiliate for this website I don't make any money talking about this website I'm not sponsored to talk about them I'm just going to be using them because I've used them before and their trading conditions are really good and they allow you to trade with bots on your Live accounts on the right hand side click on open a real account and it will take you to a page where you can go and enter your account type select metatrader 4 leverage 1 to 500 and click on create account where they then will send you an email with a password and an account number that looks like this our $20,000 is now ready to trade come back to your VPS and search for OCTA click on scan and it's going to look for OCTA servers for you to log in with your account click on existing trade account and enter your account number and your password all of the different pairs that you can trade will be on the left hand side the support will recommend you their Pairs and the time frames that you run the bot on which they recommended to me GBP USD on the 1 hour time frame Euro USD on the 1 hour time frame which you can select your time frame on the little menu bar that's resting over here so by now you should have gbpusd eurusd on the 1 hour and GBP New Zealand dollar on the the 15-minute chart I'm going to be running the spot on all three of these pairs simultaneously as per the support and tutorials instructions we have our starting Equity balance of $20,000 so let's go and see if we make a return or if we make a loss [Applause] I'm D sh in my sh I came across a bit of a problem yesterday when the support sent me the EA files and the bot files to run on metat Trader 4 metatrader 4 recently released an update that doesn't support old EA so I had to send the EA files back to the developer to re-update for the new version of metatrader which I've now loaded these files onto the virtual private server so let's go and set this EA up and see if we get any trades today the first step is to add this bot to our three charts click on file on the left hand side click on open data folder click on mql 4 and click on indicators add these two files called the alfandy incubator no license brackets EX4 and the target bands and copy that into the indicators folder come back and click on Experts and add the alpha incubator EA experts file experts or EA is just another fancy word for a bot once this is complete come over to the left hand side of metatrader 4 where it says indic indicators right click on that and click on refresh and you will see your two indicators which is needed for the bot is now added to metat Trader right click on Expert advisors which again another fancy word for a bot and you will see our bot is now installed the first thing is we need to drag and drop this indicator onto each and every one of these charts so we can load this up onto gbpusd click on common tab make sure you've got allow DL Imports selected under inputs make the half length 100 and the B deviation 3 click on okay and that's now added and repeat for the next charts add the alpha incubator E8 to the first chart make sure under common you have allow DL import selected and allow live trading selected under inputs again click on half length 100 deviation three and in terms of risk management for this bot I was told I need to run one lot per $100,000 account size therefore I'm going to follow their instructions and make the fixed lock size no point2 once that's added you will see a very small sad emoji icon in the top right corner of your chart that means the EA is on your charts but it is not yet running in order to fix that click on tools on the top left click on options click on Expert advisors and make sure you've got allow automated trading selected and click on okay and that sad face should now turn into a smiley face while this is busy running I went and did some research on Google and Reddit and Kora on some of the best Forex Trading signal groups I'm going to choose one that I think is really good and that would be really competitive to this EA in terms of the EA's results that this produces I found this trading signals group that seems really organized called Rogue snipers the signal group costs $150 a month so I joined for the first month last week he took four trades three losses and one win at a net profit of five risk to reward so that means if I risked 1% I would have made 5% return that week at .5% risk you would have made 2.5% profit the previous week he didn't make any profit at all the week before that he took a 1% loss that entire week and the week before that he took a 7% win so I'm going to average this out to 2% per week return if you had to take each and every single one of these signals and average it out over the long-term period that he's been posting signals for if I take 2.5% and divide that by five five trading days in a week excluding weekends that works out to 0.5% return a day the Max draw down the signal provider has had the entire year was 3% at 0.5% risk per trade if I compare that to the max daily draw down of our EA bot at only 2.2 to 7% right now it seems pretty similar but let's see and give it a few hours and see how this EA performs a few minutes later the bot has now entered two more positions on gbpusd and Euro USD we currently in a draw down of $40 both all three on Sals which I being a full-time manual Trader actually would prefer as my bias on Euro USD and GB USD is also bearish so here's the short position the EA's taken and here's the short position on GBP USD so so far from what I've picked up from this EA it's a Martingale and Ballinger band strategy so let's see by the end of the day if these results are anything like they claim to be on their website day three of running the EA on a $20,000 account to see how much it makes or loses within well we'll give it on Monday the reason why I really want to see it run today is because it's NFP today so that means at us session of first 2 there's going to be a massive move in the markets like a huge Spike so I actually want to see how the EA is going to manage risk on this account I was advised by the support to not run the EA during high impact news events but let's see I actually want to see what it does because I think it's very important to test these sort of EAS at the extreme day three we've made $120 which which is 6 just over 6% so far in one day which is actually really impressive could have just been a really good day with really good conditions the important thing is is when the EA goes into draw down and in the red I want to see how it manages risk because it's all good and all if an EA is profitable but if the EA is risking more to make less in the long-term jevity of the EA it's not really going to be a good thing as you could make maybe 10% on the account but let's say the EA has one really bad week and you can lose 20 or 30% then all those months of hard work goes down the drain in one week that's why it's super important to see how these Bots learn how to manage risk 1137 on day three and this is what I wanted to see is the EA go into a bit of draw down to see how it manages positions that are in the red so right now we're in two short positions on Euro USD and another short position on GBP nzd so I can definitely confirm that this bot is using Martingale strategy with Ballinger bands which seems to be pretty solid so far we're up $147 so I will conclude the video tonight and give my opinion and then also compare this to Guru signals the big thing that I want to see is how it deals with NP this afternoon at H bu 2 so while these positions are open I'll be back right after NFP the B has now racked up three short positions on Euro USD so I'm assuming this bot is anticipating NFP to go short in other words down to make a profit so let's have a look in 10 minutes time when NFP hits to see if the bot is correct NFP is in about 10 minutes so I will make sure to record this as NFP is about to [Music] hit big move up and the EA or the bot has just placed another short position putting us in quite a bit of draw down of close to $495 climbing up to $500 so yeah NFP has gone long another short position is placed so as you can see this is really the strategy of how this EA Works what it will do is it will use Martingale strategy where if the market goes against its positions it will place larger and larger lot sizes as you can see it's gone from.
2 to now .68 lot size and it kind of trails its takeprofit with the move so if price pulls back down to this takeprofit it will close all of the positions in a total net profit the NFP move is now finished and the bot went into a total of $1,600 draw down as you can see the chart just went continuously moving up and up and up as just like I said it will be very interesting to test this and see what it does when the market goes against the EA therefore before we ended off this experiment with $1,550 loss yes I did go against the support's instruction of not running the bot through high impact news but the thing is we can't control when and what high impact news is going to affect the markets so therefore what if a time comes where you're running thousands of dollars of capital on your account red folder News or high impact news hits you're not going to be able to control that so therefore I wanted to test this bot against the real extreme conditions of one of the most highest impact news events in the world if I had to take my $20,000 and decide to put this into this bot or rather trade alongside the signals of this particular Guru that I chose for this video I would choose the guru purely because there is proper risk management applied he's always risking less to make more which ultimately protects the capital of your account in the long run unless he really takes nasty losing streaks over a long period of time his results over the past 2 years have really been profitable my number one recommendation is to learn the skill of trading yourself it's a skill that you will carry with you for the rest of your life and once you get it right it essentially makes you a walking money printer comment down below what you guys think is best signals Bots or manual trading have an amazing rest of your day guys take care and I'll see you in the next video
