7/30(Tue) Public awareness indicators - EA Beginner Course - Navi+ - GogoJungle | Auto Trading - Market Analysis

EA developer Reiwa’s double-e

The following content was asked to ChatGPT.

I asked ChatGPT the following.

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Moving averages, MACD,

RSI, Bollinger Bands,

Stochastic

If these are indicators commonly used in FX,

they are indicators that the public pays attention to,

so would using them increase the probability of winning in trading?

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Indicators such as moving averages, MACD, RSI, Bollinger Bands, and stochastic

are generally well known and used by many traders.

These indicators

are useful tools for understanding price trends and overbought/oversold conditions.

However,

using these indicators alone does not necessarily increase the probability of winning in trades.

Indicators are calculated from past price data,

and thus predict future price movements based on past patterns.

For successful trading,

it is important not only to use indicators, but also to interpret them correctly and combine them with other factors.

You need to analyze in conjunction with trend direction, support and resistance levels, price patterns, and fundamentals, and make trading decisions.

Furthermore,

trading largely depends on individual skills and experience.

In addition to using indicators, risk management, creating a trading plan, and controlling emotions are also important aspects of trading.

Therefore,

using indicators does play a certain role, but

whether it increases the probability of winning in trading depends on

the individual trader’s skill, experience, and the quality of their trading strategy.

When trading,

it is important to continuously learn and practice to improve your trading skills.

Hmm, a reasonable opinion (laugh). Well then!

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【Reiwa’s Double-Eye EA Listing】

https://www.gogojungle.co.jp/users/112481/products

Specifically categorized Reiwa’s Double-Eye EA genres

https://www.gogojungle.co.jp/finance/navi/articles/67162

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【Reiwa’s Double-Eye Series Articles】

https://www.gogojungle.co.jp/finance/navi/series/1700

https://www.gogojungle.co.jp/finance/navi/articles/64703

https://www.gogojungle.co.jp/finance/navi/articles/64738

https://www.gogojungle.co.jp/finance/navi/articles/65619

https://www.gogojungle.co.jp/finance/navi/series/1714

https://www.gogojungle.co.jp/finance/navi/series/1701

https://www.gogojungle.co.jp/finance/navi/articles/64723

https://www.gogojungle.co.jp/finance/navi/articles/65010

https://www.gogojungle.co.jp/finance/navi/series/610

【Reiwa’s Double-Eye Beliefs】