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The timeframe matters in trading because it determines the duration of each price candle or bar, impacting the level of detail in price movements. Shorter timeframes, like minutes, provide more granular information suitable for day trading, while longer timeframes, like daily or weekly, offer a...

I think because it is really easy to implement. I use it too, but with caution.

Tried some of your signals with Hotforex works really great especially when you have cheap low-spread trading access. Btw do you have any tg channel?

You're absolutely right! Selecting the right forex broker is a crucial step in your trading journey. Regulatory compliance, trading platforms, spreads, and fees are indeed key factors to consider. Research and due diligence can help you find a reputable broker and lay the foundation for a more...

For me it's great. Can you share more on your case?

This question is quite broad, much like asking, "How do I find a job?" To effectively address your specific query, you'll need to take specific steps, encounter challenges, and seek solutions through online forums or other resources along the way.

Never heard about it. Is it price action strategy or based on technical patterns?

You may try to use some public EA's based on some basic principles like MACD, RSI and ATR and gradually improve them by playing with EA parameters or even adding additional indicators that will reduce number of signals and increase their accuracy.

You don't need to control your emotions in a trade when you know your profit and stop loss target. Rule-based trading exempts you from unneeded actions like monitoring price for exits.

What instrument this EA is specified for? Also is it possible to adapt it for MT5, I use one from Hotforex and really don't want to switch back to MT4.

Individuals who benefited from the mentioned market surges can be better described as speculators rather than traders. The issue at hand is that, even though some achieved significant profits by riding the wave successfully, the ratio of winners to participants is exceedingly low, as is typical...

I don't think it somehow affects it. Instead, trade outcomes like loss or profit can push you out of emotional balance, but this is solved by trading plan.

Why should somebody share with you a system that makes money? Can you send me $500? Let's grow together ;)

If loss is consistent then you have to revise your strategy, make improvements or try other ideas. Make sure you determined criteria of a losing trading system so you don't waste time or money on something that is potentially useless. Also focus on the process itself rather than profit because...

That's great however I prefer PAMM accounts and signal providers from brokers to retain control over my account and control risk myself. Full management can be risky

Yeah correct it's just a way of marketing illegal forex trading (trading with bad brokers) because the idea of getting money under management is quite popular among traders. Also if you are really profitable they can steal your trading trick.

You had to try different brokers from your description it's likely that broker banned you because they traded against you and you made high returns, means loss for them. This is irrelevant for STP brokers like Hotforex or Tickmill

Is your toolset limited to support and resistance lines only? Maybe any indicators to determine Momentum or Trend?

Thanks.. is it broker sensitive EA? Maybe somebody tested it on Hotforex and could share their experience...

Is it possible to build single indicator that will cover all those aspects? Or maybe there is a single solution like some bot?