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1 year
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10
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86
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5
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Abhishek Yadav
########### NEW EA ####################### NEW EA ####################### NEW EA ####################### NEW EA ####################### NEW EA ####################### NEW EA ####################### NEW EA ####################### NEW EA ####################### NEW EA ############
ICT LONDON:
https://www.mql5.com/en/market/product/101948?source=Site+Profile+Seller
https://www.mql5.com/en/market/product/101948?source=Site+Profile+Seller
https://www.mql5.com/en/market/product/101948?source=Site+Profile+Seller
https://www.mql5.com/en/market/product/101948?source=Site+Profile+Seller
https://www.mql5.com/en/market/product/101948?source=Site+Profile+Seller
Abhishek Yadav Version: 2.0 Updated: 2 August 2023 Activations: 10
ICT London is a game-changing trading strategy which is based on (ICT Judas) that harnesses the unique dynamics of the Asian trading session to identify profitable opportunities in the subsequent London session. Backed by advanced AI technology and high-level calculations, this strategy excels at detecting the direction of the Asian session's market movement and capitalizing on potential market reversals. It performs best on US30 by default settings. If you want to test on other pairs please ask for the set files.
This strategy does not take trade everyday, only on days where algorithm meets criteria. When the London session starts, the EA will trade on days with a Fibonacci level on the chart, but it won't trade on other days.
SELLER ACCOUNT:
https://www.mql5.com/en/users/abhishek1234567/seller
https://www.mql5.com/en/users/abhishek1234567/seller
https://www.mql5.com/en/users/abhishek1234567/seller
https://www.mql5.com/en/users/abhishek1234567/seller
https://www.mql5.com/en/users/abhishek1234567/seller
########### NEW EA ####################### NEW EA ####################### NEW EA ####################### NEW EA ####################### NEW EA ####################### NEW EA ####################### NEW EA ####################### NEW EA ####################### NEW EA ############
ICT LONDON:
https://www.mql5.com/en/market/product/101948?source=Site+Profile+Seller
https://www.mql5.com/en/market/product/101948?source=Site+Profile+Seller
https://www.mql5.com/en/market/product/101948?source=Site+Profile+Seller
https://www.mql5.com/en/market/product/101948?source=Site+Profile+Seller
https://www.mql5.com/en/market/product/101948?source=Site+Profile+Seller
Abhishek Yadav Version: 2.0 Updated: 2 August 2023 Activations: 10
ICT London is a game-changing trading strategy which is based on (ICT Judas) that harnesses the unique dynamics of the Asian trading session to identify profitable opportunities in the subsequent London session. Backed by advanced AI technology and high-level calculations, this strategy excels at detecting the direction of the Asian session's market movement and capitalizing on potential market reversals. It performs best on US30 by default settings. If you want to test on other pairs please ask for the set files.
This strategy does not take trade everyday, only on days where algorithm meets criteria. When the London session starts, the EA will trade on days with a Fibonacci level on the chart, but it won't trade on other days.
SELLER ACCOUNT:
https://www.mql5.com/en/users/abhishek1234567/seller
https://www.mql5.com/en/users/abhishek1234567/seller
https://www.mql5.com/en/users/abhishek1234567/seller
https://www.mql5.com/en/users/abhishek1234567/seller
https://www.mql5.com/en/users/abhishek1234567/seller
########### NEW EA ####################### NEW EA ####################### NEW EA ####################### NEW EA ####################### NEW EA ####################### NEW EA ####################### NEW EA ####################### NEW EA ####################### NEW EA ############
Abhishek Yadav
Published product
ICT London is a game-changing trading strategy which is based on (ICT Judas) that harnesses the unique dynamics of the Asian trading session to identify opportunities in the subsequent London session. Backed by advanced AI technology and high-level calculations, this strategy excels at detecting the direction of the Asian session's market movement and capitalizing on potential market reversals. It performs best on US30 by default settings. If you want to test on other pairs please ask for the
Abhishek Yadav
Left feedback to customer for job MT5 - A simple EA to enter trades based off a 3 candle pattern (Fair value gap)
Best Customer i have ever had.
Abhishek Yadav
Added topic How to create Neural Network with Mql5?
Hey, my specific question in creating a neural network is, how do you train a neural network in mt5? Is it by optimizing all the weights that goes into the neuron? If it the case we cannot say it as learning, instead it is a deep optimization. Also
1
Abhishek Yadav
Added topic How to code inside the ea to copy trades to other symbols?
Hey guys i am creating an ea in which i want to copy trades to other symbols on the acc using symbols in input. How do i do that . Please give any reference to study.
1
Abhishek Yadav
Camarilla Equation | Camarilla Equation| Camarilla Equation | Camarilla Equation| Camarilla Equation | Camarilla Equation| Camarilla Equation | Camarilla Equation| Camarilla Equation | Camarilla Equation| Camarilla Equation | Camarilla Equation| Camarilla Equation | Camarilla Equation| Camarilla Equation | Camarilla Equation| Camarilla Equation | Camarilla Equation| Camarilla Equation | Camarilla Equation| Camarilla Equation | Camarilla Equation| Camarilla Equation | Camarilla Equation|
Product Site: https://www.mql5.com/en/market/product/97044?source=Site+Profile+Seller
Website : https://tradingoptimus.blogspot.com/
Sellers Page: https://www.mql5.com/en/users/abhishek1234567/seller
Price: $49
Best Value for money Ea.
Welcome to the world of Camarilla Equation Forex EA, an innovative and powerful trading software that specializes in trading the US30 and Dow Jones Industrial Average. Our EA uses advanced Camarilla Equation algorithms to identify and trade on important daily levels, giving you an edge in the market.
Product Site:
Features:
Our EA sets all pending positions at a new day, making it simple and efficient to use. You can just add the EA and let it do its work. Additionally, the Camarilla Equation Forex EA offers two distinct trading modes to suit your individual needs: conservative and aggressive.
Conservative Trading Mode:
In conservative mode, the EA sets a stop loss to minimize risk, making it the perfect choice for traders who prefer a more stable and reliable approach to trading. This mode still provides a competitive edge in the market, giving you the opportunity to make a significant profit while minimizing potential losses.
Aggressive Trading Mode:
In contrast, aggressive mode operates without a stop loss, allowing the EA to capitalize on short-term market fluctuations with high accuracy. This mode is ideal for traders who want to gain high profits in a shorter period. It is best for passing prop firms challenge because of its high accuracy and low drawdown for short period like 1 or 2 months.
Conclusion:
With the Camarilla Equation Forex EA, you'll have access to cutting-edge trading technology and the potential for high profits in the US30 and Dow Jones Industrial Average markets. Whether you prefer a more conservative or aggressive approach to trading, our EA has got you covered. So, don't wait any longer, get your hands on the Camarilla Equation Forex EA today and start trading with confidence!
Product Site: https://www.mql5.com/en/market/product/97044?source=Site+Profile+Seller
Website : https://tradingoptimus.blogspot.com/
Sellers Page: https://www.mql5.com/en/users/abhishek1234567/seller
Price: $49
Best Value for money Ea.
Welcome to the world of Camarilla Equation Forex EA, an innovative and powerful trading software that specializes in trading the US30 and Dow Jones Industrial Average. Our EA uses advanced Camarilla Equation algorithms to identify and trade on important daily levels, giving you an edge in the market.
Product Site:
Features:
Our EA sets all pending positions at a new day, making it simple and efficient to use. You can just add the EA and let it do its work. Additionally, the Camarilla Equation Forex EA offers two distinct trading modes to suit your individual needs: conservative and aggressive.
Conservative Trading Mode:
In conservative mode, the EA sets a stop loss to minimize risk, making it the perfect choice for traders who prefer a more stable and reliable approach to trading. This mode still provides a competitive edge in the market, giving you the opportunity to make a significant profit while minimizing potential losses.
Aggressive Trading Mode:
In contrast, aggressive mode operates without a stop loss, allowing the EA to capitalize on short-term market fluctuations with high accuracy. This mode is ideal for traders who want to gain high profits in a shorter period. It is best for passing prop firms challenge because of its high accuracy and low drawdown for short period like 1 or 2 months.
Conclusion:
With the Camarilla Equation Forex EA, you'll have access to cutting-edge trading technology and the potential for high profits in the US30 and Dow Jones Industrial Average markets. Whether you prefer a more conservative or aggressive approach to trading, our EA has got you covered. So, don't wait any longer, get your hands on the Camarilla Equation Forex EA today and start trading with confidence!
Abhishek Yadav
Added topic How to receive money after completing freelance?
Hey i have completed a free lance work. The customer is also satisfied. Where do i get the money from? The customer is saying it has sent the money to mql5, get it from there. I have not sent the final version yet. I am not seeing any money added in
2
Abhishek Yadav
Added topic Why does this code only take sell position?
double redMa = iMA ( _Symbol ,indicatorTimeFrameRed,maPeriodRed, 0 ,maMethodRed,appliedPriceRed,redMaShift); redMa= NormalizeDouble (redMa, _Digits ); double blueMa = iMA ( _Symbol
3
Abhishek Yadav
Added topic Does product rating decrease with the no. of products added?
Hey, this question is for registered seller in mql5 market place. Does product rating decrease with the no of products added. Earlier when i uploaded products it had good ratings, but now days the product rating is low and also there are no demo
7
Abhishek Yadav
Published product
The Trend Line Reverse Expert Advisor is a highly innovative and powerful tool that enables traders to effortlessly identify and trade trends in the financial markets. With this advanced tool, you can easily draw trend lines on your MT5 chart, and the EA will automatically buy or sell when the price reaches the trend line. This EA is user-friendly and requires minimal setup. You can simply attach it to your chart and start drawing up to three trend lines where you anticipate the price to
Abhishek Yadav
Easy Dashboard MT5 is more than just a trade management tool - it's a powerful solution designed to help you manage risk and make better trading decisions in less time. With its sleek design and user-friendly interface, Easy Dashboard MT5 makes trading on the Meta Trader 5 platform a breeze.
Best MT5 Dash Board for manual traders to boost their performance.
One of the key features of Easy Dashboard MT5 is its ability to buy, sell, and manage limit and stop orders with a fixed lot or by using risk percentage.
Another great feature of Easy Dashboard MT5 is its ability to activate trailing stop with just one click. Trailing stop is a powerful tool that allows you to secure profits while still giving your trades room to breathe. With trailing stop, you can set a stop loss level that will move with the market, following it as it rises and locking in profits as it falls.
But that's not all! Easy Dashboard MT5 also comes with a market crash filter that you can activate with just one click. This feature helps you stay ahead of sudden market crashes, protecting your trades from unexpected losses. This can be done by setting a maximum drawdown % for the day in input, and Easy Dashboard MT5 will automatically close all your opened and pending positions and stop trading for the day once your limit is reached. This ensures that you stay within your risk tolerance and protects your account from unnecessary losses.
With Easy Dashboard MT5, you'll have access to all the tools you need to make easy, fast and confident decisions and manage your trades with ease.
You can Contact me if you have any queries before or after purchase.
Please Message me after purchase for support. Let me know if you need any other features to be added in the product, I am open to any suggestion and I want you to get the best experience from working with my products.
Special Features:
Manage your risk effectively with Easy Dashboard MT5.
Buy, sell, and manage limit and stop orders with a fixed lot or by using risk percentage.
Activate trailing stop with just one click.
Easy Dashboard MT5 also comes with a market crash filter. This feature helps you stay ahead of sudden market crashes, protecting your trades from unexpected losses.
Closing all positions at once with a button.
Use powerful visualization tools to get a better understanding of the market.
Watching drawdown percent on panel so that the drawdown never gets big.
Always watching the spread so that you can take trade when it is lowest.
Sleek design and user-friendly interface.
Very Fast. Though Mt5 is much more faster than Mt4 the dashboard is designed to run fast in any conditions.
Best MT5 Dash Board for manual traders to boost their performance.
One of the key features of Easy Dashboard MT5 is its ability to buy, sell, and manage limit and stop orders with a fixed lot or by using risk percentage.
Another great feature of Easy Dashboard MT5 is its ability to activate trailing stop with just one click. Trailing stop is a powerful tool that allows you to secure profits while still giving your trades room to breathe. With trailing stop, you can set a stop loss level that will move with the market, following it as it rises and locking in profits as it falls.
But that's not all! Easy Dashboard MT5 also comes with a market crash filter that you can activate with just one click. This feature helps you stay ahead of sudden market crashes, protecting your trades from unexpected losses. This can be done by setting a maximum drawdown % for the day in input, and Easy Dashboard MT5 will automatically close all your opened and pending positions and stop trading for the day once your limit is reached. This ensures that you stay within your risk tolerance and protects your account from unnecessary losses.
With Easy Dashboard MT5, you'll have access to all the tools you need to make easy, fast and confident decisions and manage your trades with ease.
You can Contact me if you have any queries before or after purchase.
Please Message me after purchase for support. Let me know if you need any other features to be added in the product, I am open to any suggestion and I want you to get the best experience from working with my products.
Special Features:
Manage your risk effectively with Easy Dashboard MT5.
Buy, sell, and manage limit and stop orders with a fixed lot or by using risk percentage.
Activate trailing stop with just one click.
Easy Dashboard MT5 also comes with a market crash filter. This feature helps you stay ahead of sudden market crashes, protecting your trades from unexpected losses.
Closing all positions at once with a button.
Use powerful visualization tools to get a better understanding of the market.
Watching drawdown percent on panel so that the drawdown never gets big.
Always watching the spread so that you can take trade when it is lowest.
Sleek design and user-friendly interface.
Very Fast. Though Mt5 is much more faster than Mt4 the dashboard is designed to run fast in any conditions.
Abhishek Yadav
Published product
Easy Dashboard MT5 is more than just a trade management tool - it's a powerful solution designed to help you manage risk and make better trading decisions in less time. With its sleek design and user-friendly interface, Easy Dashboard MT5 makes trading on the Meta Trader 5 platform a breeze. Best MT5 Dash Board for manual traders to boost their performance. One of the key features of Easy Dashboard MT5 is its ability to buy, sell, and manage limit and stop orders with a fixed lot or by
Abhishek Yadav
Added topic How to post video screen shot in screen shot section?
I am adding a product in ml5 market. I am able to put a you tube video, but i want to add a video in screen shot section. Do we have to upload all videos in screenshot section or upload screenshot with other data type. Please respond if you know the
· 1
1
Abhishek Yadav
Added topic How to set decimal value in CSpin Edit box.
Hey i am creating a graphical panel and i can only set and get the integer value. How can i set the value of double type or with decimal
3
Abhishek Yadav
Added topic How to get value form an edit graphical object. I am only getting the value for Spin edit.
How can i get and use the value form edit to do certain task in graphical panel? I am using this thread
4
Abhishek Yadav
Added topic Creating Check Box.
#include <Controls\CheckBox.mqh> CAppDialog app; CCheckBox checkbox_fixedLot; checkbox_fixedLot.Create( 0 ,LABEL_CHECKBOXFIXEDLOT, 0 , 10 , 200 , 20 , 20 ); checkbox_fixedLot.Text( "Use Fixed Lot" );
3
Abhishek Yadav
Camarilla Equation | Camarilla Equation| Camarilla Equation | Camarilla Equation| Camarilla Equation | Camarilla Equation| Camarilla Equation | Camarilla Equation| Camarilla Equation | Camarilla Equation| Camarilla Equation | Camarilla Equation| Camarilla Equation | Camarilla Equation| Camarilla Equation | Camarilla Equation| Camarilla Equation | Camarilla Equation| Camarilla Equation | Camarilla Equation| Camarilla Equation | Camarilla Equation| Camarilla Equation | Camarilla Equation|
Product Site: https://www.mql5.com/en/market/product/97044?source=Site+Profile+Seller
Website : https://tradingoptimus.blogspot.com/
Sellers Page: https://www.mql5.com/en/users/abhishek1234567/seller
Price: $49
Best Value for money Ea.
Welcome to the world of Camarilla Equation Forex EA, an innovative and powerful trading software that specializes in trading the US30 and Dow Jones Industrial Average. Our EA uses advanced Camarilla Equation algorithms to identify and trade on important daily levels, giving you an edge in the market.
Product Site:
Features:
Our EA sets all pending positions at a new day, making it simple and efficient to use. You can just add the EA and let it do its work. Additionally, the Camarilla Equation Forex EA offers two distinct trading modes to suit your individual needs: conservative and aggressive.
Conservative Trading Mode:
In conservative mode, the EA sets a stop loss to minimize risk, making it the perfect choice for traders who prefer a more stable and reliable approach to trading. This mode still provides a competitive edge in the market, giving you the opportunity to make a significant profit while minimizing potential losses.
Aggressive Trading Mode:
In contrast, aggressive mode operates without a stop loss, allowing the EA to capitalize on short-term market fluctuations with high accuracy. This mode is ideal for traders who want to gain high profits in a shorter period. It is best for passing prop firms challenge because of its high accuracy and low drawdown for short period like 1 or 2 months.
Conclusion:
With the Camarilla Equation Forex EA, you'll have access to cutting-edge trading technology and the potential for high profits in the US30 and Dow Jones Industrial Average markets. Whether you prefer a more conservative or aggressive approach to trading, our EA has got you covered. So, don't wait any longer, get your hands on the Camarilla Equation Forex EA today and start trading with confidence!
Product Site: https://www.mql5.com/en/market/product/97044?source=Site+Profile+Seller
Website : https://tradingoptimus.blogspot.com/
Sellers Page: https://www.mql5.com/en/users/abhishek1234567/seller
Price: $49
Best Value for money Ea.
Welcome to the world of Camarilla Equation Forex EA, an innovative and powerful trading software that specializes in trading the US30 and Dow Jones Industrial Average. Our EA uses advanced Camarilla Equation algorithms to identify and trade on important daily levels, giving you an edge in the market.
Product Site:
Features:
Our EA sets all pending positions at a new day, making it simple and efficient to use. You can just add the EA and let it do its work. Additionally, the Camarilla Equation Forex EA offers two distinct trading modes to suit your individual needs: conservative and aggressive.
Conservative Trading Mode:
In conservative mode, the EA sets a stop loss to minimize risk, making it the perfect choice for traders who prefer a more stable and reliable approach to trading. This mode still provides a competitive edge in the market, giving you the opportunity to make a significant profit while minimizing potential losses.
Aggressive Trading Mode:
In contrast, aggressive mode operates without a stop loss, allowing the EA to capitalize on short-term market fluctuations with high accuracy. This mode is ideal for traders who want to gain high profits in a shorter period. It is best for passing prop firms challenge because of its high accuracy and low drawdown for short period like 1 or 2 months.
Conclusion:
With the Camarilla Equation Forex EA, you'll have access to cutting-edge trading technology and the potential for high profits in the US30 and Dow Jones Industrial Average markets. Whether you prefer a more conservative or aggressive approach to trading, our EA has got you covered. So, don't wait any longer, get your hands on the Camarilla Equation Forex EA today and start trading with confidence!
Abhishek Yadav
Forex trading and gambling are often compared due to their similarities in terms of the risk involved and the potential for high rewards. However, there are significant differences between the two, and it is important to understand them to make informed decisions when trading or gambling.
Probability and quantitative analysis are useful tools to compare forex trading and gambling objectively. Let's take a closer look at each of these aspects.
Probability:
Probability is the likelihood of an event happening. In forex trading, probability plays a critical role as traders use it to assess the risk and reward of a trade. To calculate the probability of a particular trade, traders analyze technical and fundamental indicators, price movements, and market sentiment.
In contrast, gambling is based purely on chance. The odds of winning or losing are predetermined, and there is no way to calculate the probability of winning accurately. The only factor that can affect the outcome is luck.
Quantitative analysis:
Quantitative analysis involves using mathematical models to analyze financial data. In forex trading, quantitative analysis helps traders to make informed decisions by providing them with reliable data about the market trends and the expected outcome of a particular trade.
On the other hand, gambling does not involve quantitative analysis. The outcome of a game or a bet is purely random, and there is no reliable data that can help players to make informed decisions.
Let's consider an example to compare forex trading and gambling in quantitative terms. Suppose a trader invests $100 in a currency pair, and the potential profit is $50, while the potential loss is $30. In this scenario, the trader can calculate the risk-reward ratio, which is the ratio of the potential profit to the potential loss. The risk-reward ratio in this case is 1.67 (50/30).
In contrast, suppose a gambler bets $100 on a slot machine, and the potential payout is $200. The gambler cannot calculate the risk-reward ratio, as the odds of winning are purely random and cannot be predicted accurately.
Therefore, in terms of probability and quantitative analysis, forex trading is significantly different from gambling. Forex traders use probability and quantitative analysis to make informed decisions based on data and analysis, while gamblers rely purely on chance and luck.
Best Forex Expert Advisors. (Automate Your trades)
1. Camarilla Equation.
Buy Camarilla Equation Expert Advisor in the store selling algo trading systems
2. Easy Prop Ea.
.Buy Easy Prop 1 Expert Advisor in the store selling algo trading systems
3. Trend Line Ea.
Buy Trend Line Ea trading application in the store of automated robot systems
4. Breakout Genius.
Buy Breakout Genius Expert Advisor in the store selling algo trading systems
5. Forex Break-out Scalping.
Buy Forex Breakout Scalping Expert Advisor in the store selling algo trading systems
Differences between Forex trading and Gambling:
Probability:
Probability is the likelihood of an event happening. In forex trading, probability plays a critical role as traders use it to assess the risk and reward of a trade. To calculate the probability of a particular trade, traders analyze technical and fundamental indicators, price movements, and market sentiment.
In contrast, gambling is based purely on chance. The odds of winning or losing are predetermined, and there is no way to calculate the probability of winning accurately. The only factor that can affect the outcome is luck.
Quantitative analysis:
Quantitative analysis involves using mathematical models to analyze financial data. In forex trading, quantitative analysis helps traders to make informed decisions by providing them with reliable data about the market trends and the expected outcome of a particular trade.
On the other hand, gambling does not involve quantitative analysis. The outcome of a game or a bet is purely random, and there is no reliable data that can help players to make informed decisions.
Skill vs. luck:
Forex trading requires skill and knowledge to be successful. Traders need to understand the market, analyze data, and make informed decisions based on their analysis. In contrast, gambling is based purely on luck, and there is no guarantee that a player will win, regardless of their skill level or knowledge.
Long-term vs. short-term gains:
Forex trading is a long-term investment strategy, and traders aim to make consistent gains over time. In contrast, gambling is a short-term strategy, and players typically aim to win big in a single game or bet.
Risk management:
Forex trading involves managing risk, and traders need to have a risk management plan in place to minimize their losses. In contrast, gambling does not involve risk management, and players can lose all their money in a single game or bet.
Regulation:
Forex trading is regulated, and traders must follow certain rules and guidelines to ensure a fair and transparent market. In contrast, gambling is not as heavily regulated, and players may be exposed to scams or unfair games.
In conclusion, while forex trading and gambling may appear similar on the surface, they are fundamentally different in terms of probability, quantitative analysis, skill vs. luck, long-term vs. short-term gains, risk management, and regulation. Forex trading involves analyzing market data and making informed decisions, while gambling is based purely on chance. Forex trading is a long-term investment strategy that requires skill and knowledge to be successful, while gambling is a short-term strategy based purely on luck. Traders should understand the differences between the two to make informed decisions and manage their risks effectively.
Our Best Performing Forex Expert Advisors.
1. Camarilla Equation.
Buy Camarilla Equation Expert Advisor in the store selling algo trading systems
2. Easy Prop Ea.
.Buy Easy Prop 1 Expert Advisor in the store selling algo trading systems
3. Trend Line Ea.
Buy Trend Line Ea trading application in the store of automated robot systems
4. Breakout Genius.
Buy Breakout Genius Expert Advisor in the store selling algo trading systems
5. Forex Break-out Scalping.
Buy Forex Breakout Scalping Expert Advisor in the store selling algo trading systems
Probability and quantitative analysis are useful tools to compare forex trading and gambling objectively. Let's take a closer look at each of these aspects.
Probability:
Probability is the likelihood of an event happening. In forex trading, probability plays a critical role as traders use it to assess the risk and reward of a trade. To calculate the probability of a particular trade, traders analyze technical and fundamental indicators, price movements, and market sentiment.
In contrast, gambling is based purely on chance. The odds of winning or losing are predetermined, and there is no way to calculate the probability of winning accurately. The only factor that can affect the outcome is luck.
Quantitative analysis:
Quantitative analysis involves using mathematical models to analyze financial data. In forex trading, quantitative analysis helps traders to make informed decisions by providing them with reliable data about the market trends and the expected outcome of a particular trade.
On the other hand, gambling does not involve quantitative analysis. The outcome of a game or a bet is purely random, and there is no reliable data that can help players to make informed decisions.
Let's consider an example to compare forex trading and gambling in quantitative terms. Suppose a trader invests $100 in a currency pair, and the potential profit is $50, while the potential loss is $30. In this scenario, the trader can calculate the risk-reward ratio, which is the ratio of the potential profit to the potential loss. The risk-reward ratio in this case is 1.67 (50/30).
In contrast, suppose a gambler bets $100 on a slot machine, and the potential payout is $200. The gambler cannot calculate the risk-reward ratio, as the odds of winning are purely random and cannot be predicted accurately.
Therefore, in terms of probability and quantitative analysis, forex trading is significantly different from gambling. Forex traders use probability and quantitative analysis to make informed decisions based on data and analysis, while gamblers rely purely on chance and luck.
Best Forex Expert Advisors. (Automate Your trades)
1. Camarilla Equation.
Buy Camarilla Equation Expert Advisor in the store selling algo trading systems
2. Easy Prop Ea.
.Buy Easy Prop 1 Expert Advisor in the store selling algo trading systems
3. Trend Line Ea.
Buy Trend Line Ea trading application in the store of automated robot systems
4. Breakout Genius.
Buy Breakout Genius Expert Advisor in the store selling algo trading systems
5. Forex Break-out Scalping.
Buy Forex Breakout Scalping Expert Advisor in the store selling algo trading systems
Differences between Forex trading and Gambling:
Probability:
Probability is the likelihood of an event happening. In forex trading, probability plays a critical role as traders use it to assess the risk and reward of a trade. To calculate the probability of a particular trade, traders analyze technical and fundamental indicators, price movements, and market sentiment.
In contrast, gambling is based purely on chance. The odds of winning or losing are predetermined, and there is no way to calculate the probability of winning accurately. The only factor that can affect the outcome is luck.
Quantitative analysis:
Quantitative analysis involves using mathematical models to analyze financial data. In forex trading, quantitative analysis helps traders to make informed decisions by providing them with reliable data about the market trends and the expected outcome of a particular trade.
On the other hand, gambling does not involve quantitative analysis. The outcome of a game or a bet is purely random, and there is no reliable data that can help players to make informed decisions.
Skill vs. luck:
Forex trading requires skill and knowledge to be successful. Traders need to understand the market, analyze data, and make informed decisions based on their analysis. In contrast, gambling is based purely on luck, and there is no guarantee that a player will win, regardless of their skill level or knowledge.
Long-term vs. short-term gains:
Forex trading is a long-term investment strategy, and traders aim to make consistent gains over time. In contrast, gambling is a short-term strategy, and players typically aim to win big in a single game or bet.
Risk management:
Forex trading involves managing risk, and traders need to have a risk management plan in place to minimize their losses. In contrast, gambling does not involve risk management, and players can lose all their money in a single game or bet.
Regulation:
Forex trading is regulated, and traders must follow certain rules and guidelines to ensure a fair and transparent market. In contrast, gambling is not as heavily regulated, and players may be exposed to scams or unfair games.
In conclusion, while forex trading and gambling may appear similar on the surface, they are fundamentally different in terms of probability, quantitative analysis, skill vs. luck, long-term vs. short-term gains, risk management, and regulation. Forex trading involves analyzing market data and making informed decisions, while gambling is based purely on chance. Forex trading is a long-term investment strategy that requires skill and knowledge to be successful, while gambling is a short-term strategy based purely on luck. Traders should understand the differences between the two to make informed decisions and manage their risks effectively.
Our Best Performing Forex Expert Advisors.
1. Camarilla Equation.
Buy Camarilla Equation Expert Advisor in the store selling algo trading systems
2. Easy Prop Ea.
.Buy Easy Prop 1 Expert Advisor in the store selling algo trading systems
3. Trend Line Ea.
Buy Trend Line Ea trading application in the store of automated robot systems
4. Breakout Genius.
Buy Breakout Genius Expert Advisor in the store selling algo trading systems
5. Forex Break-out Scalping.
Buy Forex Breakout Scalping Expert Advisor in the store selling algo trading systems