Karoo Trend
A slow, rules-first concept that waits for a higher-timeframe trend to be confirmed before considering a position.
Proposed platforms: MT4, MT5. Demo price: US$19 USD / month.
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A slow, rules-first concept that waits for a higher-timeframe trend to be confirmed before considering a position.
Proposed platforms: MT4, MT5. Demo price: US$19 USD / month.
Maps the Asian-session range and looks for a decisive move out of it once London liquidity arrives, mapped to South African time (SAST).
Proposed platforms: MT5. Demo price: US$29 USD / month.
Designed for historically range-bound crosses, fading stretched moves back toward an average only when the trend filter says the market is sideways.
Proposed platforms: MT4, MT5. Demo price: US$39 USD / month.
A rand-focused concept that scales its participation to current volatility, standing aside when spreads or swings exceed configured limits.
Proposed platforms: MT5. Demo price: US$49 USD / month.
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Understand the mechanics of a trade, the costs of execution and the limits of automation. Start with clear rules and risk controls—not a promise of easy returns.
Forex prices express one currency in terms of another. In EUR/USD, the euro is the base currency and the dollar is the quote currency. Buying the pair means taking a position that benefits if the euro strengthens against the dollar, before costs. Selling expresses the opposite view. Neither direction is inherently safer.
The spread is the difference between the buying and selling price. Commission, overnight financing and currency conversion can add further costs. Spreads may widen during news or thin market conditions. A strategy that looks attractive before costs may lose money after realistic execution charges.
Position size determines how strongly a price movement affects your account. The cash value of a pip depends on the instrument, trade size and account currency. Leverage lets a smaller deposit control a larger exposure, magnifying both gains and losses. Check the contract specification and margin requirement before entering any order.
Decide how much capital you can afford to put at risk, where your trade idea becomes invalid and when you will stop trading. A stop-loss order does not guarantee its requested execution price: gaps and slippage can increase losses. Avoid increasing trade size simply to recover a previous loss.
An Expert Advisor follows programmed rules on a supported platform, such as MT4 or MT5. It cannot remove market uncertainty or guarantee profits. Check entry and exit logic, position sizing, spread filters and loss limits. Software errors, connectivity failures and changing market conditions can all undermine an automated strategy.
Use historical tests to investigate how rules behave, then practise in a separate demo environment where available. Include realistic costs and test periods the strategy was not tuned on. Record assumptions, drawdowns and unexpected behaviour. Historical and demo results do not establish what a live account will achieve.
No. A robot can follow rules consistently, but it can also make losing trades or fail when conditions change. Do not treat any robot, backtest or trading idea as a guarantee of future returns.
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