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expert4x.com is run by Alex du Plooy. He has been in retail Forex for about 20 years.
He trades his own account and that of some his clients. He provides education: some for a fee, some free. (Also for free or for a fee: special indicators.) He was exclusively on the MT4 platform until recently, but now is migrating to MT5 also. He does not use Fibonacci, Elliot, Gann but uses "trading logic". (And to a limited extent, support and resistance.)
He makes at least 1/3rd of his moneys from selling indicators and robots, of various degrees of efficiency.
This was shown by his contest, wherein all of hid robots were entered to try win win, but some performed much better than others.
But the users of the robots also play an important part in results obtained. For example, the Grand Champion only traded for two weeks in the 2 1/2 month long contest.. See https://www.udemy.com/how-to-achieve-financial-success-with-forex-trading/ ([Udemy coupons (available by a search)can reduce the cost of most Udemy classes to about $15. ]
His robots can be classified by their degree of complexity, The Divergence Trader and the Tradable MACD are well suited for American traders, who are restricted to only have one open order per currency pair at a time. (du Plooy has an added restriction for all his robots: Non commercial; For family use only.)
Greater complexity is available via the No Stop Hedged Grid EA and the Make Money EA. These two require multiple open positions. The grid EA is easiest to use with horizontal support/resistance channels, entering the market at the midpoint between the support/resistance.
The Make Money EA is a super product!
It works on confirmed trends, opening up a maximum of (user specified) number of total orders, one new order per new candle. It has trailing stops on each order. Now, compare this with being able to only open a single order at a time, One can enter a single order with 10% of one'd balance, or 10 orders with 1% of one's balance. Via the "portfolio effect", the 10 orders at a time is much safer. (Allowing for the possibility of putting in 2% of one's balance on each of he 10 orders., garnering a doubled gain,
https://www.youtube.com/watch?v=EdP6hPSoln0
5500 pips. 1 week. See how the Make Money EA easily achieves these great results & how you can too
du Plooy has marketing discounts also: after your first EA bought, all new robots bought become 1/2 price. Refer a friend, and discounts appear.
I am not trying to sell his products, only to inform.
He also provides specific setting for his robots (time frames, currency pairs) for a fee.
https://www.youtube.com/watch?v=nur8Xv9Mxtw&feature=youtu.be
Or you can bypass the extra data provided to paying customers by using the Time of Day EA
https://www.youtube.com/watch?v=2kaFSxkLN_k
He trades his own account and that of some his clients. He provides education: some for a fee, some free. (Also for free or for a fee: special indicators.) He was exclusively on the MT4 platform until recently, but now is migrating to MT5 also. He does not use Fibonacci, Elliot, Gann but uses "trading logic". (And to a limited extent, support and resistance.)
He makes at least 1/3rd of his moneys from selling indicators and robots, of various degrees of efficiency.
This was shown by his contest, wherein all of hid robots were entered to try win win, but some performed much better than others.
But the users of the robots also play an important part in results obtained. For example, the Grand Champion only traded for two weeks in the 2 1/2 month long contest.. See https://www.udemy.com/how-to-achieve-financial-success-with-forex-trading/ ([Udemy coupons (available by a search)can reduce the cost of most Udemy classes to about $15. ]
His robots can be classified by their degree of complexity, The Divergence Trader and the Tradable MACD are well suited for American traders, who are restricted to only have one open order per currency pair at a time. (du Plooy has an added restriction for all his robots: Non commercial; For family use only.)
Greater complexity is available via the No Stop Hedged Grid EA and the Make Money EA. These two require multiple open positions. The grid EA is easiest to use with horizontal support/resistance channels, entering the market at the midpoint between the support/resistance.
The Make Money EA is a super product!
It works on confirmed trends, opening up a maximum of (user specified) number of total orders, one new order per new candle. It has trailing stops on each order. Now, compare this with being able to only open a single order at a time, One can enter a single order with 10% of one'd balance, or 10 orders with 1% of one's balance. Via the "portfolio effect", the 10 orders at a time is much safer. (Allowing for the possibility of putting in 2% of one's balance on each of he 10 orders., garnering a doubled gain,
https://www.youtube.com/watch?v=EdP6hPSoln0
5500 pips. 1 week. See how the Make Money EA easily achieves these great results & how you can too
du Plooy has marketing discounts also: after your first EA bought, all new robots bought become 1/2 price. Refer a friend, and discounts appear.
I am not trying to sell his products, only to inform.
He also provides specific setting for his robots (time frames, currency pairs) for a fee.
https://www.youtube.com/watch?v=nur8Xv9Mxtw&feature=youtu.be
Or you can bypass the extra data provided to paying customers by using the Time of Day EA
https://www.youtube.com/watch?v=2kaFSxkLN_k