SamuelAndCoTrading Samuel Leach Scam? (REVIEW)

Another way to have Cluster experience for free is to go to Tradingview.com and use Stochastic RSI indicator with these settings: K=3 D=3 RSI length=6 Stochastic length=250. It is not 100% the same but if you only pay attention to the areas beyond 30:70, it is super close to it, about ~90% accurate.

1 Like

I already passed the interview and tomorrow i’ve set to make a payment of 495$ admin in order to be a Trader ,so you guys saved my life really,and my money as well i dont know what this world is transformed to.

Everyone passes the interview. As if they needed to make a hard choice on whether the person is right for the company. Actually they don’t care about your skills or background at all.

Another thing to consider besides the admin cost and monthly fees is what pays for your living during the time you start out? Some people might trade for a whole year without getting consistently profitable. They have no base salary - instead you are paying them to trade. Then they tell to this trader, who has daily living expenses and liabilities, to “not focus on the money”.

Change a few colors… add some dots during correct EMA trend… add a 125$ price tag… make it usable on 1 account only…
I guess we might just forget using Cluster at this point. Cluster = Stochastic

1 Like

Was trying to replicate this Supramann but was having difficulty on TradingView.

After researching SL’s Cluster, i also came across the request for Turbo JSX to be modified and renamed. Is the Stochastic Oscillator something you have made personally?

It’s better to replicate Cluster on MT4 or MT5 since they have a wider choice of input parameters for Stochastics and I believe for all indicators in general. Also Tradingview and the MT4/5 brokers have different market data (in case your trade account is on MT). So always have it where your source of market data is.

For Tradingview Cluster just go to built-in indicators and choose “Stochastic”, then change the parameters to:
K14
D1
Smooth 6

Reminder: On the oversold/overbought areas(<30 ; >70) you need to have the EMA trend in the same direction. Cluster entry signal = closed turning point candle

3 Likes

hey is it possible you share with me the MT4 code? I don’t really want to go onto TradingView everytime to look at it

I’d like to see this on MT4 too!

The only thing I’ve found is this Brain Trend’s 2 Sig Alert -

Hi,

I’m a newbie and therefore when I saw Samuel Leach’s forex series I was intrigued. I enjoyed the series.

Like most new traders I am looking for someone to help get me set up with a reliable set-up. I was therefore interested having watched the Real Forex Trader that they seemed to follow a system that yielded consistent results.

I know from this forum thread that the pivot indicator is MT4 pivots and the cluster algorithm is a JRSX indicator. I then learned from this thread that SL apparently uses the capital from Blufx, charging a fee from junior traders that pays for Leach to set up a trader on a new Blufx account. I imagine they get a nice deal from Blufx for referring so many people and as the trading fee is £200, this is effectively a free £100 pcm for each person enrolled. It’s a clever business model, if ethically questionable.

Where I am slightly confused is that SL promotes following the trend but the cluster indicator is for reversals. Can anyone recommend a trading course that is not a scam and that will help me learn how to be a good intraday trader? I hoped SL was the answer, but it seems they have an angle like almost everyone else. I remain hopeful something good is out there!

Malcolm

You could try Dark Horse Fx, Technical Fx, Falcon Fx or Guerella Fx. They all try to help get traders to a level to get funded.

1 Like

He said to follow the trend. While Cluster is a reversals indicator, it only shows reversal in the direction of the trend so essentially, you are following the trend.

What profitability percentage would you give the Cluster algorithm? Between 0% - 100%?

I got the Cluster Algorithm free online. Would you say it’s a profitable system or not?

Just take fusion. That is in essence, a martingale strategy. He has removed his link for the November 2016-December 2019 fusion as it wiped… Hence he now has a new one that started beginning of this year.

I am surprised to see a post about this crook called Samuel Leach.
Is this guy still alive at all?
Hope he gets what he deserves, he has it coming

This has resurrected this old thread so I can ask you now - what sort of strategies does this firm teach?

Maybe there are some good tactics we can all use, or maybe there are some dangerous tactics we should avoid?

Meh… I think he’s an average at best trader. Also involved in some dodgy schemes.

So he started this thread Introduction To Trading Psychology

I read the first two articles and was interested, but then realised the guy had made it seem like he was posting someone else’s blog with permission, when in fact it was for his company and just self promotion. But with no transparency about that. In fact, the first post hides the association of the author (his dad) to the company he works for (his business). Later posts suddenly slip in the detail that he works for Samuel and co. I thought that was weird at the time, but didn’t make the connection. Seems like the whole bunch are just rotten, manipulative and exploitative con artists. I am sorry to hear that so many have lost money to these guys.

Interesting in hearing more insight on this guy and his firm ? He seems to be a text book scammer - 1) Rented supercars, rented properties and a wannabe celebrity lifestyle cultivated on screen 2) Spends lots of money on fake PR “newspaper” planted articles - the article in about a seven figure algorithm deal is laughable. 3) He has loads of “scam” videos in his own name as he wants to own all those and present himself as a guide to identifying scams 4) Sells courses & runs a scam arcade with third party funding. 5) Does not earn income from trading - sells courses and “seats” in arcade. 6) Talks about his own money alot - sure sign he doesn’t really have any. 7) He is obviously quite an unintelligent bloke which isn’t congruent with success in the markets. 8) He advocates a technical approach - sure sign of a scammer. 9) Alot of effort put into positioning himself as a thought leader - book, tedx. (By the way Tedx do zero background checking). 10) None of his background suggest he would be successful in this area. 11) Faked trading results - the sure sign of a scam. 12) Operates in the scammest industry ever - FX training courses.

I am wondering how is this guy is still going ? Who is buying his courses and paying to trade with him ? How has he not been shut down ? Keen to hear more

Hi. Has anyone tried Trademate? The Samuel Leach Indicator? I wanted to try this but it would be good to hear feedback from a fellow poster of this board first
Thank you