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Most expert advisors trade based totally on past data. That is, they are built to recognize patterns using indicators in past info and apply the results on the current market price . They don’t really foretell the future market price. But there are some bots like Forex Torpedo that employ AI to make predictions about the market. Such androids also use past information to verify their prophecies, but that isn’t their main tool. The actual predictions that they make are. Of course, there’s the chance to fail at predicting but the possibilities of forecast is higher than just using past information. Because as we all know, past information doesn’t guarantee future results.