Market Prediction and Foreign Exchange Expert Advisors
Most Forex robots trade primarily based on past info. That is, they’re built to recognize patterns using indicators in past info and apply the results on the current market cost. They don’t really foretell the future market cost. But there are also some androids like Forex Torpedo that employ artificial intelligence to prophesy the market. Such robots also use past information to verify their predictions, but that is not their main tool. The actual predictions that they make are. Of course, there’s the chance to fail at forecasting but the possibilities of forecast is higher than just using past info. Because as we know, past information doesn’t guarantee future results.
