Frequently Asked Questions
Straight answers about BullsEdges, our gold and forex algo, the free trial and the risks of trading.
About BullsEdges
What is BullsEdges?
BullsEdges builds algorithmic trading software and provides trading education for forex and gold traders. Our software, Finoways, trades forex pairs and gold (XAUUSD) automatically using predefined rules.
About BullsEdges →Does BullsEdges manage my money?
No. BullsEdges provides trading software and education and does not manage client funds.
How can I contact the team?
Call or WhatsApp us on +91 97629 14553, email info@bullsedges.com, or send the form on our Contact page.
Contact us →Gold trading and XAUUSD
What is XAUUSD?
XAUUSD is the trading symbol for the price of gold in US dollars.
Why gold moves the way it does →Which markets does the software trade?
The Finoways software covers major, minor and exotic currency pairs plus gold (XAUUSD). Our homepage also lists indices and crypto, so please ask the team which markets are available for your setup.
See all features →When is the gold market most active?
Gold trades almost 24 hours a day on weekdays, but volatility and spreads change between the Asian, London and New York sessions.
Gold trading sessions explained →How the trading bot works
What is algo trading?
Algorithmic trading uses a computer program to buy and sell automatically based on fixed rules. It removes emotion and human delay, but it does not remove market risk.
What is algo trading? →How does the Finoways software place trades?
It scans currency pairs and gold prices on timeframes from M1 to D1, uses built-in strategies with predefined, backtested rules to find entries and exits, places orders automatically with stop-loss and take-profit levels, and applies lot sizing and drawdown limits.
From signal to trade in 4 steps →How many strategies are included?
The software includes more than 50 integrated strategies.
See all features →Which trading platform does it use?
Our algo runs on MetaTrader 5 (MT5). The flagship algo shown on our website trades XAUUSD on the 15-minute (M15) chart.
How an Expert Advisor is installed in MT5 →Do I have to watch the screen while it trades?
No. Trades are placed automatically, without manual clicking. It is still wise to check your account and platform regularly, because the algo only works while MetaTrader is running and connected.
Getting started and the Free Trial
How do I get started?
1. Fill in the quick form to request a demo or free trial. 2. Receive the algo and a setup guide. 3. Run it on a demo account and explore the results. 4. Connect with our team for support and questions.
Start the free trial →What is included in the free trial?
The free trial gives you the complete Finoways software free for 1 month (30 days): all 50+ strategies, forex pairs and XAUUSD, desktop and mobile access, setup support from our team and learning resources, with no commitment.
Claim 1 month free →What is the free algo for education?
We offer a free algo for educational purposes, so you can learn, practise and understand algo trading. Request it with the Free Trial form.
Get the free algo →What happens after I book a demo?
We call or WhatsApp you to pick a time. Then we show you the algo running live on MT5, help you set it up on your demo account and answer your questions.
Book a demo →Account setup and technical requirements
What do I need to run the algo?
The algo runs on MetaTrader 5. Our team helps you set it up on a demo account during your trial or demo. For questions about brokers, account types or computer requirements, please contact the team.
Ask the team →Do I need coding skills?
The software is built for a simple setup. You receive a setup guide, and our team provides setup support during the trial.
Does my computer need to stay on?
An algo only trades while MetaTrader is running and connected to the internet. Many algo traders use a Virtual Private Server (VPS) to keep it online during market hours. Ask our team what suits your setup.
Why algo traders use a VPS →Performance, backtesting and realistic expectations
What do the 80% win rate and 5% drawdown mean?
They are results from backtests of our flagship algo on historical data. Win rate is the share of trades that closed in profit; maximum drawdown is the largest fall from a peak in account value. Backtests are hypothetical and do not guarantee future results. Live results can be different, including larger losses.
Drawdown explained →Will I make a profit?
No one can guarantee a profit. Results depend on market conditions, your settings, your risk level and trading costs such as spread, commission and swap. You can lose money.
The hidden costs of trading →Why should I test on a demo account first?
A demo account lets you see how the algo behaves with your broker and settings without risking real money. Testing on demo is part of our getting-started process.
Testing a strategy before risking money →Risk management and potential losses
Can I lose money?
Yes. Trading forex, gold, indices and crypto carries a high risk of loss. Automation does not remove that risk: fast markets, news events, price gaps and technical problems can cause losses. Only trade with money you can afford to lose.
How does the software handle risk?
The software places orders with stop-loss and take-profit levels and uses lot sizing and drawdown limits. These aim to limit losses but cannot prevent them; in fast markets a stop-loss can be filled at a worse price.
How much to risk per trade →How do economic news releases affect trading?
Scheduled economic releases cause some of the biggest and fastest moves in forex and gold, with wider spreads and sudden price jumps.
How news moves forex and gold →Payments, subscriptions and support
How much does it cost after the free trial?
Prices for paid plans are not published on the website. Please contact the team for current plans and pricing.
Contact us →Is there a refund or cancellation policy?
We have not published a refund or cancellation policy on the website. Please ask the team about the terms before you buy any paid plan.
Ask the team →What support do you provide?
Setup support is included in the free trial, and the team can walk you through the algo in a live demo. You can reach us by phone or WhatsApp on +91 97629 14553, or by email at info@bullsedges.com.
Contact us →How do you handle my personal data?
Our Privacy Policy explains what we collect through the website, why, and how long we keep it.
Read the Privacy Policy →Trading forex, gold, indices and crypto carries a high risk of loss. Win rate and drawdown figures are from backtests and do not guarantee future results. Still have a question? Contact our team.
Start your 1 month free trial
Full access to the Finoways Forex & XAUUSD algo, setup support included.
