Ugochukwu Mobi / Profile
- Information
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6+ years
experience
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10
products
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4731
demo versions
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33
jobs
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2
signals
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7
subscribers
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⭐️Bonnitta EA is only sold in Mql5 Market, the rest is fake and It won't work because Bonnitta EA can detect fake version and It will punish you for using fake version. ⭐️
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➡️The structure of any movement has the form 3⬆️/ 2⬇️. The trend impulse (growth wave) has a five-wave structure consisting of three waves of growth and two waves of decline.
🔢In the beginning, there is a solid upward movement (the first growth wave), after which the price decreases (the second wave).
🔢The second wave cannot go lower than the beginning of the first wave. Otherwise, it is not an impulse. Usually, the second wave is about 50% of the first wave.
🔢After the end of the second wave, the third wave of growth begins. And it is usually bigger than the first one. As you understand, it is possible to know that this is the third wave only when the price exceeds the point where the correction (the second wave) began. This is the most optimal time for buying.
🔢Then goes the fourth corrective wave. It has the same properties as the second wave, i.e., it cannot go lower than the beginning of the third wave and is usually 50% of the third wave.
🔢Then comes the fifth wave, which is the end of the bullish trend. Traders should consider closing their trades during this wave.
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Famous EA – Live Verified Performance View Live Verified Results on MQL5 Famous EA is a high-performance Expert Advisor built for serious traders who expect consistent results and intelligent trade execution. It merges price action, trendline dynamics, and a proprietary filter algorithm to spot high-probability entries and exits with discipline. Strategy Overview Famous EA operates using: Custom non-repainting indicator logic Dynamic trendline / support-resistance detection
⚡️ What is an EMA? The Exponential Moving Average (EMA) weighs recent prices more heavily, making it more sensitive to market changes. It is an ideal tool for short-term traders who want to catch quick market movements. But be careful: EMA can give false signals during periods of high volatility.
⚡️ What is SMA? A simple moving average (SMA) is the average of prices over a certain period without prioritizing the most recent prices. This makes it more stable and suitable for long-term traders who want to identify significant trends without the noise of short-term fluctuations.
🔑 Differences:
🟢 Sensitivity to change: The EMA reacts faster to price changes, whereas the SMA smooths out fluctuations, making it more "slow" and stable.
🟢 Who it" is capable of. EMA is suitable for active traders, while SMA is suitable for long-term investors who care about the overall trend.
❔ How to choose?
🔢 If you are trading short-term, using EMA to react faster to market changes is better.
🔢 SMA will be a better choice if you focus on long-term trends.
The charts are looking busy, but the signals are clear if you know where to look. Riding the recovery on the lower timeframes.
What indicators are you relying on right now? RSI, MACD, or pure Price Action?
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ETH was in a clear downtrend with lower lows and lower highs.
Recently, price stopped falling and started moving sideways.
This is often called accumulation or base formation, which can precede trend reversals.
2. Price is trading above the short-term moving averages
The yellow/orange/blue EMAs (short-term) are now below the price, meaning momentum is shifting upward.
When candles consistently close above short EMAs, it signals improving bullish strength.
3. Bollinger Bands are contracting
The bands are tightening → this shows volatility compression.
Tight Bollinger Bands often lead to big moves.
Since price is near the top half of the band and not the bottom, momentum is slightly bullish.
4. 200-day MA is still above price
Long-term trend is still bearish because price is under the 200MA (white line).
But price is trying to pull back toward it, which often happens before a trend reversal.
5. Higher lows are forming
You can see that recent swing lows are rising.
A series of higher lows = early sign of bullish pressure building.
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🛑Telegram channel with news, recommendations, discounts: https://t.me/BonnittaEA 👈
🛑Telegram contact : https://t.me/BestAdvisors👈
🛑YouTube : https://www.youtube.com/watch?v=kCc_QdlOwZE 👈
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AI Nodiurnal EA EA - MT4 & Mt5
✔️ EA for MT4 - https://www.mql5.com/en/market/product/69905
✔️ EA for MT5 - https://www.mql5.com/en/market/product/74716
🔧 Latest signal AI Nodiurnal EA: https://www.mql5.com/en/signals/1270367
Bonnitta EA - MT4 & Mt5
✔️ EA for MT4 - https://www.mql5.com/en/market/product/52210
✔️ EA for MT5 - https://www.mql5.com/en/market/product/52212
🔧 Latest signal Bonnitta EA: https://www.mql5.com/en/signals/605975
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🛑Telegram channel with news, recommendations, discounts: https://t.me/BonnittaEA 👈
🛑Telegram contact : https://t.me/BestAdvisors👈
🛑YouTube : https://www.youtube.com/watch?v=kCc_QdlOwZE 👈
🛑Seller : https://www.mql5.com/en/users/forexhamstring 👈
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