South Africa's Most Sustainable, Tailor Made Trading Software.

FREQUENTLY ASKED QUESTIONS

1. How does the Robot work?
The software functions within the MetaTrader 5 (MT5) trading platform to automate trading decisions and execution based on predefined rules and strategies. The software trades on the Synthetic market like Crash 500 Index, Dex 900 down. These markets are provided by Deriv Limited (Broker). The software analyzes market data, such as price movements and indicators, to generate sell signals and manage positions automatically, without requiring constant human intervention. It can monitor multiple financial instruments simultaneously and execute trades according to its programmed logic, aiming to capitalize on market opportunities and achieve trading objectives.

2. Why should I get a software to Trade on my behalf?
A.)  Automation: The software automates the trading process, eliminating the need for constant monitoring and manual execution of trades. They can operate 24/7, taking advantage of market opportunities even when you're not available.
B.)  Speed and Precision: The software can analyze market data and execute trades swiftly, potentially reducing delays and improving trade accuracy. It can react to market conditions and generate orders instantaneously, avoiding human errors and emotional biases.
C.)  Consistency: The software adheres strictly to predefined rules and strategies. They eliminate the impact of emotional decision-making and ensure consistency in trading, which is crucial for long-term success.
D.) Removing Human Emotions: The software eliminates emotions such as fear, greed, and hesitation from the trading process. By relying on predefined rules, EAs prevent impulsive and irrational decisions driven by emotions, leading to more objective and disciplined trading.
E.) Time-saving: EAs can save traders significant time by automating repetitive tasks, such as technical analysis and trade execution. Traders can focus on other aspects of their trading strategy or engage in
other activities while the software operates.

​

3. Do I physically need to sit in front my computer for the software to work?
No, the software will automatically generate trades when markets meet the predefined conditions. The Software will execute trades with risk mitigation measures and automatically close and open positions. The software only requires a stable internet connection, Constant supply of power and internet to your computer and Metatrader 5 should always be open, as the bot runs from this program.

4. How Much does the software cost?
Depending if there is a special running and the required specs, the price is as follows

 Oryx V1 is  R 8 000,

Oryx V2  R12000 and

Big Daddy Dex is R16000. 

You will also need to make an initial investment into your trading account  with your broker for the software to use in order to make profits. This initial investment amount can vary depending on the robot you purchased and the risk option you selected .  Please contact one of our team members if you require more information about the costs of the robot.

5. How long does the software last?
The software has a lifetime license. As Long as markets exist the software will continue to trade and work to make profits for you.

​

6. How do I setup the software?
Once purchased, one of our team members will come in contact with you to set up the software using Teamviewer or Anydesk. There is also the option of doing it on your own using the tutorial video. In this case the team will send your copy of the software and the tutorial video via Email.

​

7.What do I need for the software to work?
A.) Working computer or VPS.
B.) Internet Connection.
C.) Metatrader 5 software.
D.) Deriv Broker Account.

8.What is the minimum amount that I need to start trading?
Depending on which product you purchased and the risk options you select. You can start as low as $200. If you would like to know more, feel free to contact the sales team.

9.Do you manage my funds?
No, we do not manage funds or trade on your behalf. We only supply the software that trades using
predefined conditions that are optimized for the market. The deposit of your initial investment will be
deposited with the broker, and also withdrawn from the broker. You are in control of your own funds.

10.What happens in the case of a power outage or Loadsheding?
Unfortunately the software will require your computer to be on at all times and have an internet connection in order for it to
function.  You can rent a Virtual Private Server at around $15 / month. The software will then run from the server and not your computer so no power or internet interruptions should occur 

If you want to use your computer, we recommend getting a small UPS to help keep your computer and router on during times of no power. If power cuts during open positions, the positions will stay open with risk mitigation measures in place. When power or  internet returns, you will have to reopen your Metatrader 5 and make sure that Algo trading is active. Once this is done, your software will continue as per normal. It is highly advised that you close open trades that are in profit Manually in the case of power outages or internet connection failure. This can be done by installing the Metatrader app on your
mobile device and linking it to your broker account.

11. Can I run the software on my phone?
Unfortunately you can’t run the software on your phone but you can use AnyDesk as a method to monitor and control
your bot from your cellular device.

​