₦airaland Forum

Observe how it works like a radar on a very volatile news day. This is observing the XAUUSD charts on a 5 mins time frame.

Good evening house, a quick google search suggested some popular apps ( chaka, bamboo) and some broker specific apps for investing in the nigerian stocks market, however which would you all suggest for a beginner ? Thanks in advance

Good evening house, you might observe the EA didn't set trades for almost 12 hours today.
It was not intentional and it was because the VPS unexpectedly shutdown and I didn't realize until the end of the work day.
It is back up now but I am making this post to point out that even on a very worst case scenario day coupled with a very volatile FOMC 500 pip movement news.
The EA still handled it all really well.

mohlanforex:
I'm interesting in this, which broker are you using for trade?

Good evening, please message me if this is a serious lead.
Just markets

IamtheDef:
This is a demo account, how about your live account?

I posted live accounts for over 3 months and there is someone else currently posting live results.
Please check those.

Now, just for you to reach the end of your question .. what difference does a live account make ?

Souzin:
can you drop your Myfxbook profile.
Let us verify your trading history

Good morning, please you can track using the account details above or the three months of post history on the thread.

From experience, 10000% of people who have seen proofs and still asked for more information were just cynical people wanting to find an excuse to call me a scammer.

Observe what happens on the candlesticks charts at all points of crossover on the MACD indicator. The higher the time frame the less false positives you get.

Observation of the correlation between the change in MACD histogram and change in trend on the XAUUSD 15 mins timeframe chart.

Public Tracking XAUUSD EA

login: 8287480
password: botinvestor1
Broker server: JustMarkets Demo

Starting Balance = 9,900
Current Balance = 20,000 (End of week 1)

A few people messaged me with different offers and I realized that in the efforts to make the bot professional and robust I might've priced the people who really need it out. This is partly professional and partly intentional -- Intentional being from experience the lower the starting balance the bigger the headache.

So for this week alone, with payment before Friday and trading starting on Monday. I can offer a one months subscription (20 trading days) for 150. You would need a min initial balance of 100.

Your trading account would be copying the Public Tracking EA listed below.

Key MACD Trading Signals
The basics of understanding the MACD indicator for the trade entries.

MACD INDICATOR
The MACD is a momentum indicator that helps identify trend changes and entry/exit points in forex trading. It's like having a radar that detects when market momentum is shifting. The lower the time frame of observation, the clarity of entry. The higher the time frame of observation, the clarity of direction.
MACD stands for Moving Average Convergence Divergence. It consists of three main components:
* MACD Line (Blue): The difference between a 12-period EMA and 26-period EMA.
* Signal Line (Orange): A 9-period EMA of the MACD line
* Histogram: The difference between MACD line and Signal line

Aeman:
You have a point in what you have just said about indicators , but for me I am more concerned about mastering naked chats first and knowing how to read patterns in the market before I am fully in.

This is essential and candlestick analysis is the basis of all technical analysis. Besides, 'Putting in the 10,000 hours' cannot be skipped.
I was at this stage about 8 months ago ... now reading a naked chart feels like gambling

I hope this stays on. This should have the current breakdown for the XAUUSD EA. I should be posting about the BTCUSD EA soon.

There is a post with a detailed explanation however that got deleted.

marsoden:
What is the cost of the EA for a month? Also for 6 months?

Good morning, the license is for currently N375,000 for 4 months, however 6 months gets you cheaper VPS subscriptions and renewal.

toniotonero:
Well it seems u know what u are doing & very good at it. But u should have a TELEGRAM CHANNEL for direct access so dat ppl who are interested can contact u & also make ppl understand even without any experience, knowledge or time d bot will trade for dem automatically . Once ppl see how profitable it is more will be willing to join. My suggestion think about it bro.

There's over three months of profits history on here already. There's also over a week of quite recent daily postings and i'm hopeful you would see at least a month of postings from other reviewers soon.

I was kicked out the native Nairaland Forex Group due to set of people finding problems with an EA that ALL objective eyes can see that it obviously works. During my three weeks in that group it was one cabal or the other trying to find a hole in my trading because they were not used to it. What particularly stood out to me is there were people who would message me in private but watch this attacks in public and 5 different group admins were influenced by group og's who gained favours through all these recharge card giveaways. Not 1 person in the 5 had the independent mind to think differently.

People expect your many maker to be your main hustle, but it's just my side hustle or liquidity for what I actually enjoy doing which is coding and building tech businesses. I sold the EA for 1/5 of the current retail price to the current reviewer just to take some of the headache of trying to make this a business off me.

If anyone was really interested they would message me on here.

toniotonero:
Well it seems u know what u are doing & very good at it. But u should have a TELEGRAM CHANNEL for direct access so dat ppl who are interested can contact u & also make ppl understand even without any experience, knowledge or time d bot will trade for dem automatically . Once ppl see how profitable it is more will be willing to join. My suggestion think about it bro.

Nigeria is an awkward conglomeration of diametrically varying ideologies, beliefs, ethnicities and cultures which eternally fuels mutual suspicion among the various groups. No matter how articulate you are in presenting whatever you feel strongly about, you may never succeed in selling it to folks who by default, read motives into your presentation. So, forget it.

Copied from another Nairaland User

IntlBigCeo:
One thing you should know is "Never you place your whole emphasis on indicators cos it might look profitable at the start but disaster in the long run. I'm speaking from experience

Thank you very much for this. That's why I added this "That's not to say you cannot be a profitable trader from recognizing certain patterns and trading them but you greatly improve your learning and success rate by combining them with technical knowledge.". I find that a lot of people become gamblers instead of traders because they limit themselves due to other peoples hearsays and limitations. Plus they also fail to understand and acknowledge where they stand on their objective expertise on the subject.

For example, 100% of people I have encountered on nairaland never trade with the martingale strategy, yet they always have strong negative things to say about it due to the general preconceived notion of how it works. But from over 6 months data on my EA my martingale EA is at most 2% less than the fixed lots EA profit wise but when it comes to drawdown it performs more than 80% better.

Now when someone tells me otherwise I don't even waste time explaining because I know they are coming from a place of weak math aptitude, and how many people would admit they're not too strong at maths ?

That's to point out that a lot of people misunderstand indicators (which for the most part are lagging) yet would blame their shortcomings on the indicator.

I am not exactly the smartest cookie in the jar, so opinions from others who are more educated on the subjects would be very much welcome and appreciated.

In my very limited forex experience, i've observed that a lot of traders i've met spend years barely breaking even before eventually giving up because the spend their time chasing patterns. Most others prefer the lack of accountability with trying to make 'their strategy' work. What's common is that these people prefer the comfort of the popular forex tropes and platitudes while ignoring the science and art of trading. It's the easy coping mechanism. That's not to say you cannot be a profitable trader from recognizing certain patterns and trading them but you greatly improve your learning and success rate by combining them with technical knowledge. This thread would be for the manual exploration of the technical underpinnings of my EA's strategy.

toniotonero:
Like auto copytrading where by u don't need to do anything, just relax n watch while d bot trade 4 u automatically. Then withdraw profits when ever u like

😂😂 , I love your description. Something like that.

hfaith:
Apologies for not getting that part, seems I got your point about unsteady power supply. But you can have 2 options in your code deployment.

1. Those to use VPS
2. Those without VPS especially for those that have super laptop and constant power supply

Both highlighted above, will still be license based and you define your own product operations.

Thanks

Good evening, I have more experience with the EA development and I tried your suggestions.
Sorry about the previous misunderstanding. The main problem comes down to the fact that the EA runs on compiled code. I won't be able to give the source code out without exposing it for amendments and for the compiled version I would still have to send you the set file to ensure the EA works the right way. In either case, it just makes sense to buy and deploy it in the correct intended way centrally.

Good Evening, this is a placeholder post to explain why I was away and improvements done during the downtime.

I got an unexpected F&F investment so I had to make the software more robust and transparent due to the increased financial responsibility.

During that process I had to rewrite the code in both mt4 and mt5 coding language coz for some reason they share the same name but that's as much as similarities goes platform wise.

I also had to get a long term consistent and reliable VPS to power the EA's without monthly downtimes.

I also experimented with and tested the EA's against varying market conditions, the past month has been very volatile and a rollercoaster for many retail traders so it posed a great testing opportunity.

Finally, I developed other trading strategies and EA configurations and developed for other currencies aswell.

Humar1000:
So what’s the update on it. The guy good as he claim?

I wish he would publicly post the private reviews he sends me.

Neurotika:
The conventional pension system is basically a government-backed scam. I’ve always said this. Giving ridiculous rates on a fund meant to last 30+ years makes no sense, especially in a country with galloping inflation. Imagine working for 35 years then one govt just wakes up and prints 40% of the total money supply, inflating away 30 years of your work. By retirement, your savings will be worth nothing less than a tissue paper.

Honestly, from casual observations.. I feel the bulk of the mutual funds industry is as well. Even though two truths can coexists no one was willing to explore that conversation. Returns are guaranteed .. awesome. However, something seems off about the transparency of investments.. I was hoping someone (perhaps an accountant) would point out ways these things can be publicly tracked.

Sammylat:
EXPERIENCED trading bot developer for a long term by our broking firm. DM with your portfolio to /2349160559907

Available on a short term monthly basis. There’s result on my profile.