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The Importance of Thinking and Researching as a Trader: Conquering the Rigors of the Market

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The Importance of Thinking and Conducting Research as a Trader: Conquering the Tough Market Trading is a challenging field where only a few achieve lasting success. The market is not only unforgiving but also populated by professionals and advanced technology competing for profit. To thrive in this environment, you must abandon lazy habits and start thinking critically while conducting in-depth research. One effective way to craft better trading strategies is by leveraging tools like Expert Advisors (EAs), which support custom strategy development, including indicator-based approaches. 1. The Market Doesn’t Tolerate Speculation The market doesn’t care who you are or what you need. It moves based on data, logic, and the collective decisions of millions of participants. If you make decisions driven by emotions or guesses, the market will punish you with losses. To navigate this, you need tools and methods that help you think more logically and systematically. Technology like EAs allows y...

Full Mapping ReadBot Project

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  ReadBot Project ├── Main Focus │   │  │   ├── Development of Expert Advisors │   ├── Development of MT4/MT5 Indicators │   └── Making the ReadBot Group active for discussions and Forex strategies │ │ ├── Social Media and Resources │   │  │   ├── [Telegraph Page]( https://telegra.ph/Semua-Link-Telegraph-ReadBot-11-16 ) │   │   └── Function: Central hub for all ReadBot links (Indonesian) │   │ │   ├── [BlogSpot]( https://readbotfx.blogspot.com/ ) │   │   └── Function: Central hub for all ReadBot links (English) │   │ │   ├── [Instagram]( https://www.instagram.com/readbotnews ) │   │   └── Name: ReadBotNews │   │ │   └── [YouTube Channel]( https://www.youtube.com/@readbot7811 ) │         └── Name: ReadBot │ │ ├── Telegram │   │  │   ├── ...

Regester Account

 if u wanna make list for your Strategy or License Account please Register here bit.ly/Register_Preset_EA_RB_MoI and all the results that have been registered will appear here :  bit.ly/List_Preset_EA_RB_MoI Klick here for Tutorial Video : https://www.youtube.com/watch?v=drZyU42UOg8 Note  : After you register, wait 5 minutes, then reinstall the EA + Set it to your chart.

A Comprehensive Guide: Understanding and Using Indicators in MT4 and MT5 🌐📈

 Trading in financial markets is closely tied to the use of technical indicators. These indicators help traders analyze price movements and make more informed decisions. In this article, we'll explore 39 basic indicators available in MQL4 and MQL5, their functionalities, and the best market conditions for their use. Let’s dive in! 🚀 1. Accelerator Oscillator (AC) 📊 How It Works : The AC is a momentum indicator that measures the difference between the MACD value and its signal line, helping traders understand whether price momentum is strengthening or weakening. When to Use : Use AC as a buy signal when it crosses above the zero line and a sell signal when it crosses below. It’s most effective in trending markets (both bullish and bearish) and can indicate potential trend reversals when divergence occurs. 🔄 2. Accumulation/Distribution (A/D) 📈 How It Works : A/D calculates the accumulation and distribution of price by multiplying volume by price movement, indicating whether pric...

Introduction to EA ReadBot: Multiverse of Indicator

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🤖  Introduction to EA ReadBot: Multiverse Of Indicator (EA RB MoI) EA ReadBot MoI is an intelligent solution for traders who want to optimize their trading strategies. With the ability to trade based on the indicators you choose, this EA offers the flexibility and reliability you need in trading. What Is EA ReadBot MoI? EA ReadBot MoI, or  Multiverse Of Indicator , is designed to provide a unique automated trading experience. Here are some of the trading modes offered: Indicator Mode 📈: This mode initiates the opening of orders based on the indicators used by the user. It gives you the freedom to utilize your favorite indicators while letting the EA perform the analysis. Manual Assistant Mode 🤝: In this mode, the EA will only continue orders placed manually by the user. This is ideal for traders who want full control over their trading decisions while leveraging the EA's power for further management. EA Assistant Mode 🤖: In this mode, the EA will only continue and manage o...

Introduction to Group ReadBot

  Introduction to Group ReadBot 🎉  Welcome to Group ReadBot!  🎉 Group ReadBot is an enthusiastic and innovative trading community! Here, we come together to explore the world of trading with the ReadBot Expert Advisor (EA). Get ready to learn, share, and grow together! Exciting Topics in Group ReadBot: General 🗣️: What would you like to talk about today? A relaxed space for socializing! Let’s share jokes, light-hearted conversations, and get to know other members. Create a warm atmosphere in our community! Strategy Preset 📊: What’s the best strategy you’ve ever used? Here, you can share and discuss EA presets that have proven successful. Discover new inspiration and strategies that can take your trading to the next level! Please register your strategy presets using the following link: https://forms.gle/YNgR7vrt66M3PFgB9 This way, others can try the strategies you’ve created, and you can also view strategies made by yourself or others at: https://docs.google.com/spread...

How to send a message to Telegram from EA RB MoI

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How to send a message to Telegram from EA RB MoI First of all you have to add "https://api.telegram.org" to WebRequest as shown in the picture. After that you have to create a TELEBOT to get a Bot Token and create a channel to get a Chat ID as shown in the following image: To find out how, click on the following Youtube Tutorial: https://www.youtube.com/watch?v=iXo-J-wM0LY After that, set the position of the chart whose image you want to send to Telebot and set the Size_Width and Size_Height for the size of the screenshot image. After all the setup is complete, now we set the message to the telegram. Here is a list of functions that can be used to send messages when opening a position, for MT4 and Mt5: [1]: Gets the current currency pair symbol (for example, "EURUSD"). [💱 Symbol = GBPUSD 💱] [2]: Gets the ticket number (ID) of the current order. [🎫 Ticket = 803157172 🎫] [3]: Gets the TimeFrame on the Chart. [⏰ TimeFrame = PERIOD_H1 ⏰] [4]: Gets the current order...