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It seems that this trading robot is designed for MT4, for MT5 users it may take more effort to convert the files to make them compatible.

Now that I have installed Metatrader 5, maybe I can try this new indicator. Thank You.

Yes, it is better to find one that suits each trader, this will make trading more comfortable whatever the final result. Someone might say that fried chicken is a delicious food, but for those who don't like it, it is an unpleasant food.

Using low leverage can indeed prevent overtrades, but if traders can control trading discipline, higher leverage helps increase opportunities, in this case, discipline with a trading plan is very essential.

Many traders are looking for the holy grail of indicators but end up disappointed because they don't find it, in my view there is no holy grail of indicators, simply prices change due to differences in demand and supply volumes, if you can get this information maybe your probability will be high.

XAUUSD price volatility is high, in my view gold is still an option as a safe-haven asset amidst concerns about inflation due to the possibility of a trade war due to Trump's tariff policy in the long term.

If you can find a profitable EA, of course it is possible and possible to make money even while sleeping, traders just set up the EA via VPS and let it work 24 hours a day, but the hardest part is finding a profitable EA that performs well all the time.

It seems promising, but without concrete evidence it's just meaningless gibberish. Has anyone proven the accuracy of this trading system?

Demo accounts are not only useful for beginner traders, experienced traders can use them to test trading strategies without risk, this can raise confidence if the demo account performs well.

Stoploss is the simplest way to adjust risk tolerance even though there are other methods such as hedging.

Yes, skills really support a person's success, but there are no skills without learning, even though someone is skilled as a talent from birth, but without ever honing their skills, it is like a sharp knife that gets rusty without being sharpened and eventually becomes dull.

Technically, trading robots are superior to manual trading, but the root of the problem is that not all trading robots can adapt to the market with profitable performance, many robots actually drain funds in trading accounts, so traders tend to work manually because it is easier to manage risk.

What I often do is use a stop loss, while the target is also determined, but sometimes the lack of discipline in determining a target that is too large is ineffective because high volatility causes dynamic trend changes.

I prefer manual trading now, in the past I have tried several trading bots, some of which looked good at the beginning of trading, but gradually ended up spending money in even less time than when collecting profits and then suddenly running out more quickly.

For traders who have skills as programmers, they can develop Algo trading on various platforms, I, who don't have skills as a programmer, still like to trade manually. At first glance, I saw the difference in programming languages between MT4 and Ticktrader, cTrader.

The advantage of trading with a trading robot is that it doesn't involve emotions as humans do, it works based on complex algorithms, however, no human-made trading robot is perfect.

It's true. Traders should be careful when buying trading software, many scammers make money by making tempting promises but these are just empty messages that have no meaning.

I'm more worried about trading Gold with an EA without proper risk management. I only trade gold manually to make it easier to calculate risk tolerance.

I seem to recognize the Murray Math indicator, this is a lot of discussion in forex forums, but I don't pay attention to the rules for using this indicator, maybe I need to study it again.

Technology is growth sophisticated, forex trading with algo trading may attract the interest of many new traders with the idea of the ease of making money from trading, but before diving into the potential of forex trading, it is better to recognize the risk profile of forex trading, where apart...