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Forex Thread Alert/ Discussion Season 26. - Business (42) - Nairaland

Nairaland ForumNairaland GeneralBusinessForex Thread Alert/ Discussion Season 26. (32845 Views)

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Re: Forex Thread Alert/ Discussion Season 26. by tozynetita: 3:16pm On Jun 19
tozynetita:
Alas my people Wfunded don do me strong thing. I woke up this morning to close the trade in profit only to discover the shocker of my life!

I was told I failed the phase 2 challenge account because my floating profit of about $1825 had a drawdown of $591.28 due to market retracement.

How can I be penalized for a drawdown on floating profit. The profit target is 10% ($1000) and clearly my account has already surpassed the target by a very wide margin as at Friday close of market.

My verdict: Run from Wfunded they are sc*mmers. It's apparent dapo willis has no integrity because the rule of penalizing drawdown on floating profit was not stated on their trading objectives.
NEW UPDATE!!!!
I have been given live account by wfunded even though it's coming about 2.5 months later. It's obvious the intervention is from dapo willis the CEO of the company.

I'm sorry for questioning the integrity of dapo willis and the company. However I want to suggest to the company to work on the algorithm and improve the capacity of the customer service agents.

On this note I'm willing to recommend wfunded as a reputable prop firm and I will give them a five star review after my first withdrawal.

Thank you for your attention to this matter.
Re: Forex Thread Alert/ Discussion Season 26. by Alexas58(op): 12:46pm On Jun 21
Happy father's day my FTA people
Re: Forex Thread Alert/ Discussion Season 26. by Kaesyrn(m): 11:25pm On Jun 21
its been awhile
Re: Forex Thread Alert/ Discussion Season 26. by Bbb007: 1:05am On Jun 22
tozynetita:
NEW UPDATE!!!!
I have been given live account by wfunded even though it's coming about 2.5 months later. It's obvious the intervention is from dapo willis the CEO of the company.

I'm sorry for questioning the integrity of dapo willis and the company. However I want to suggest to the company to work on the algorithm and improve the capacity of the customer service agents.

On this note I'm willing to recommend wfunded as a reputable prop firm and I will give them a five star review after my first withdrawal.

Thank you for your attention to this matter.
Giving you your rightful funded account you passed 2 months ago will make me looks elsewhere to buy prop firm account, don't advertise shading firm here
Re: Forex Thread Alert/ Discussion Season 26. by callmeDDD: 2:24am On Jun 22
tozynetita:
NEW UPDATE!!!!
I have been given live account by wfunded even though it's coming about 2.5 months later. It's obvious the intervention is from dapo willis the CEO of the company.

I'm sorry for questioning the integrity of dapo willis and the company. However I want to suggest to the company to work on the algorithm and improve the capacity of the customer service agents.

On this note I'm willing to recommend wfunded as a reputable prop firm and I will give them a five star review after my first withdrawal.

Thank you for your attention to this matter.
This is a total scrap. They have to wait for 2 months before they can give you a funded account for mistakes from their side. So they don't automate their system to close trades when TP is reached. But if it is SL, it will be instant breach. Common, this is one of the ways a shady and a mushroom prop firms work. If you get 1 dollar payout from that account, you should be grateful. They are far from trustworthy.
I will rate them 2 ⭐.
Re: Forex Thread Alert/ Discussion Season 26. by tozynetita: 10:34am On Jun 22
I'm only grateful because I was given the live account. If I weren't given there's nothing I could have done. It's better late than never.
Re: Forex Thread Alert/ Discussion Season 26. by Fxwarrior: 12:33pm On Jun 28
Alexas58:
You can use card and crypto

Naija card now works for intl transactions
You mean master card?
Re: Forex Thread Alert/ Discussion Season 26. by Fxwarrior: 12:34pm On Jun 28
tozynetita:
NEW UPDATE!!!!
I have been given live account by wfunded even though it's coming about 2.5 months later. It's obvious the intervention is from dapo willis the CEO of the company.

I'm sorry for questioning the integrity of dapo willis and the company. However I want to suggest to the company to work on the algorithm and improve the capacity of the customer service agents.

On this note I'm willing to recommend wfunded as a reputable prop firm and I will give them a five star review after my first withdrawal.

Thank you for your attention to this matter.
Even when you haven't withdrawn a substantial amount and received it?
Re: Forex Thread Alert/ Discussion Season 26. by Bergavis: 3:00pm On Jun 28
Hello everyone.
My name is Bergavis. I am a professional forex trader with over 20 years of trading experience, having started in 2006 with North Finance (now FxPro). I was a two-time FX Global Competition winner in 2012 and 2014.
Re: Forex Thread Alert/ Discussion Season 26. by Bergavis: 3:01pm On Jun 28
Who can help me to build this EA?


Here is the updated spec sheet with your final execution refinement. The retest logic has been made more realistic by allowing a **5-pip buffer zone** (close-to-touch) so the EA doesn't miss high-quality trades if the market turns around just a fraction of a pip before hitting the exact line.

---

**Subject:** FINAL Specs for custom MT4/MT5 Fully Automated Breakout & Retest EA

Hey! Here is the finalized list of specifications for the EA. Please ensure it includes the updated retest buffer logic, pair restrictions, single-position risk management, dashboard, and notifications.

The EA will be hosted on a VPS so I can watch it run live from my mobile phone. Please use this exact logic:

---

## 🛠️ 1. Core Fully Automated Strategy & Scanner

The EA operates as a 100% hands-free system based on a **Breakout, Retest, and Price Action Candlestick Confirmation** system.

* **Account Compatibility:** The EA must be fully functional and authorized to trade on **both Demo and Live accounts** with no licensing restrictions between account types.
* **Asset Restrictions (Strict):** The EA must **only** scan and trade two specific currency pairs: **GBPUSD** and **EURUSD**. All other assets must be ignored.
* **Manual Timeframe Input:** Before activating the EA to begin trading, the user must manually input/choose the desired timeframe. The EA **can only trade one selected option at a time** (either the 4-Hour chart OR the Daily chart exclusively).
* **Auto-Scanner:** The EA must automatically scan the chart to identify and plot **Major Support Levels** and **Major Resistance Levels** (using significant historical swing highs and swing lows) on the chosen timeframe.

## 🔄 2. The Execution Flow & Position Management

The EA must strictly follow this precise, chronological order before any order is placed:

1. **The Breakout:** Price must cleanly close past a major auto-scanned Support or Resistance level.
2. **The Retest (Updated Logic):** Price must pull back toward the broken level. To count as a valid retest, the price **must either completely touch the retest level OR come within a maximum buffer zone of 5 pips** from the exact line.
3. **The Confirmation (CRITICAL):** The EA must wait for that current retest candle to **completely close** right at, above, or below the retest zone (within the 5-pip threshold). It is *forbidden* to enter a trade unless this closed candlestick forms a valid price action reversal signal.
4. **Single Position Max Risk Rule:** The EA **can only trade only one position as a signal**. It must never layer multiple entries, grid, or open a second position for the same setup. One setup = One single trade.

## 🎯 3. Required Price Action Confirmation Signals

Once the price touches or enters the 5-pip retest zone, the EA must scan for **one** of these specific closed candlestick patterns to trigger the single trade entry:

1. **Pinbar (Rejection Candle):** A candle with a long wick pointing through the level but closing firmly outside of it (showing aggressive price rejection).
2. **Bullish / Bearish Engulfing Pattern:** A strong momentum candle whose real body completely swallows/engulfs the real body of the immediately preceding candle.
3. **Doji + Follow-up Confirmation:** If a Doji (a flat, cross-like candle showing a tie) prints directly on the retest level, the EA **must not** enter immediately. It must wait for the **very next candle** to close.
* *For a Buy:* The candle after the Doji must close as a strong bullish candle, confirming the shift in market direction.
* *For a Sell:* The candle after the Doji must close as a strong bearish candle, confirming the shift in market direction.



## 📊 4. Entry, Stop Loss, and Take Profit Rules

* **Entry Timing:** The entry order must be executed **immediately** at the open of the very next candle following a valid, closed confirmation candlestick. No delays.
* **Stop Loss (SL):** Fixed at **30 pips** from the entry price.
* **Take Profit (TP):** Fixed at **50 pips** from the entry price.

## 🖥️ 5. Visual Dashboard & Alert System

The EA must display a clean, user-friendly, on-screen text dashboard on the chart displaying real-time metrics, alongside instant utility notifications:

* **On-Screen Dashboard Display Items:**
* **Current Trend:** (Bullish / Bearish / Ranging)
* **Breakout Status:** (Waiting for Breakout / Level Broken / No Breakout)
* **Retest Status:** (Waiting for Retest / Within 5-Pip Buffer Zone / Touch Detected)
* **Confirmation Candle Detected:** (None / Pinbar / Engulfing / Doji Waiting / Confirmed)
* **Trade Status:** (Idle / Monitoring Setup / Position Open / SL or TP Hit)


* **Alert Notifications:** The moment a valid confirmation candlestick closes and a setup is officially triggered, the EA must immediately send out:
* **MT4/MT5 Mobile Push Notifications** (sent directly to my phone app via the MetaQuotes ID).
* **Desktop Terminal Pop-up Alerts** with sound cues.



## ⚙️ 6. User Inputs Needed (External Variables)

Please include these options in the input panel so I can easily adjust parameters before turning the EA on:

* `Select_Timeframe` (Dropdown Input: **H4 Only / D1 Only**).
* `Retest_Buffer_Pips` (Default: **5**. Allows adjustment of the near-touch tolerance).
* `Enable_Pinbar_Trigger` (True/False)
* `Enable_Engulfing_Trigger` (True/False)
* `Enable_Doji_Combination_Trigger` (True/False)
* `Enable_Mobile_Push_Notifications` (True/False)
* `Enable_Terminal_Popup_Alerts` (True/False)
* `Lot_Size` (Default: **0.01**. Keep this input completely neutral with no hardcoded minimum restrictions so that any custom lot size can be manually entered).
* `Stop_Loss_Pips` (Default: 30)
* `Take_Profit_Pips` (Default: 50)
* `Magic_Number` (Unique ID for tracking trades)

---

This specification layout perfectly covers your entry conditions! Pass this copy over to your developer friend and they'll be able to map this straight into the script logic.
Re: Forex Thread Alert/ Discussion Season 26. by Alexas58(op): 8:15am On Jun 29
5th trading week in June / 1st week of July


Forex traders competition update. May - October edition 2026


Players are playing for 6 months, to see how they can efficiently manage and handle investment funds bestowed upon them.



Our players have really been so magnificent and tried to hold onto their accounts for 9 weeks now, showing great and curated afforts to manage and effectively discipline themselves in managing account and money







Active players playing now.

👇👇👇👇👇👇👇





Davigle:
Davigle

Headway live cent account
11105837
Investor password: 0u!PPnY5

I will be depositing 10k ngn by Friday into my account.

Locked and loaded
Alexas58:
Login details for competition

Trading broker: hfm
Trading account id: 102461773
Server: Hfmarketsglobal-live4
Password: ilegenddClown!1
Sponsored by Lasolex Ventures
Re: Forex Thread Alert/ Discussion Season 26. by klinksd: 2:10pm On Jun 29
AUDUSD - Sell Limit
E: 0.6906
S: 0.6916
T: 0.6846
R: 1: 6

...it always seems impossible, until it is done. Nelson Mandela
Re: Forex Thread Alert/ Discussion Season 26. by tozynetita: 3:24pm On Jun 29
Fxwarrior:
Even when you haven't withdrawn a substantial amount and received it?
I'm hopeful that I will withdraw a substantial amount from them bro. Or don't they pay out?
Re: Forex Thread Alert/ Discussion Season 26. by klinksd: 6:42am On Jun 30
GBPUSD - Sell
E: 1.3233
S: 1.3243
T: 1.3133
R: 1:10

...it always seems impossible, until it is done. Nelson Mandela
Re: Forex Thread Alert/ Discussion Season 26. by Fxwarrior: 8:27am On Jun 30
I may be seeing a possible change of character in gold.

If gold clears 4036 convincingly, it could be heading to 4330 region
Re: Forex Thread Alert/ Discussion Season 26. by klinksd: 9:01am On Jun 30
klinksd:
GBPUSD - Sell
E: 1.3233
S: 1.3243
T: 1.3133
R: 1:10

...it always seems impossible, until it is done. Nelson Mandela
SL breached.
Re: Forex Thread Alert/ Discussion Season 26. by klinksd: 9:02am On Jun 30
GBPUSD - Sell Limit
E: 1.3264
S: 1.3279
T: 1.3129
R: 1:9

...it always seems impossible, until it is done. Nelson Mandela
Re: Forex Thread Alert/ Discussion Season 26. by klinksd: 12:50pm On Jun 30
klinksd:
GBPUSD - Sell Limit
E: 1.3264
S: 1.3279
T: 1.3129
R: 1:9

...it always seems impossible, until it is done. Nelson Mandela
Cancelled.
Re: Forex Thread Alert/ Discussion Season 26. by klinksd: 12:58pm On Jun 30
GBPUSD - Buy
E: 1.3220
S: 1.3205
T: 1.3295
R: 1:5

...it always seems impossible, until it is done. Nelson Mandela
Re: Forex Thread Alert/ Discussion Season 26. by ebenezary(m): 3:35am On Jul 01
before you started trading the account , make sure you check their open and hidden rule and also there is no guarantee that you will get a payout and also don't be deceived what you are given is demo account,

have you ever see any Nigeria prop firm that don't scam, that is the first question you ask yourself
tozynetita:
I'm hopeful that I will withdraw a substantial amount from them bro. Or don't they pay out?
Re: Forex Thread Alert/ Discussion Season 26. by leocollins(m): 1:41pm On Jul 01
Hello guys,for those who will be interested,I have free signal group where I drop signals,and it free for all members,but I have rules.which are.
1.if you join the group, never message me for signal,wait for update or else I remove you from the group this is my job,any trades I take is what I will post in the group and if you are not active within 5minute of posting the entry, please don't take the trade again,wait for another opportunity.

2.the free signal last for only one month,after that you judge your win and loss trades,then the result you determine if you are going to join my vip group..,we continue from there.thanks..
Re: Forex Thread Alert/ Discussion Season 26. by Alexas58(op): 1:47pm On Jul 01
leocollins:
Hello guys,for those who will be interested,I have free signal group where I drop signals,and it free for all members,but I have rules.which are.
1.if you join the group, never message me for signal,wait for update or else I remove you from the group this is my job,any trades I take is what I will post in the group and if you are not active within 5minute of posting the entry, please don't take the trade again,wait for another opportunity.

2.the free signal last for only one month,after that you judge your win and loss trades,then the result you determine if you are going to join my vip group..,we continue from there.thanks..
Drop it here
Men mount
So that we will be seeing it play live
Re: Forex Thread Alert/ Discussion Season 26. by leocollins(m): 2:42pm On Jul 01
Alexas58:
Drop it here
Men mount
So that we will be seeing it play live
It all alright..here is the link
https://t. me/+mpOXmSbHJt85ZmU8
Remove the space after the t..
Re: Forex Thread Alert/ Discussion Season 26. by leocollins(m): 3:51pm On Jul 01
Alexas58:
Drop the signals along with the group
Gracias
cheesy cheesy.nah bro I don't do that, anybody who is interested will join the group.
Re: Forex Thread Alert/ Discussion Season 26. by leocollins(m):
Please oh, that group is for real traders who are trading prop firm funded account,no be for demo boys abeg,what I mean demo boys, in this fx space have noticed most boys do screenshot brokers demo account claiming it a live account cheesy, those once are deceiving themselves not me because at the end of the day it is those who pays the price that actually get rewarded.thank you, God bless you.
Re: Forex Thread Alert/ Discussion Season 26. by Jef4u: 4:48pm On Jul 01
leocollins:
Please oh, that group is for real traders who are trading funded account,no be for demo boys abeg.. thank you, God bless you.
Why are you rushing? You supposed to give 2 months for demo then 2 months free funded account then you can start vip from there
Re: Forex Thread Alert/ Discussion Season 26. by nzechu(m): 4:56pm On Jul 01
marking attendance, I am still a member of this forum. how is everyone doing
Re: Forex Thread Alert/ Discussion Season 26. by leocollins(m): 6:12pm On Jul 01
Jef4u:
Why are you rushing? You supposed to give 2 months for demo then 2 months free funded account then you can start vip from there
Okay.
Re: Forex Thread Alert/ Discussion Season 26. by klinksd: 4:38am On Jul 02
klinksd:
GBPUSD - Buy
E: 1.3220
S: 1.3205
T: 1.3295
R: 1:5

...it always seems impossible, until it is done. Nelson Mandela
🥇♻️♻️♻️🥇

...TP reached.

💯💯💯💯💯
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