pelister posted: I can tell you right away this repainting piece of crap won`t get you anywhere you wanna be
Thanks, these comments as harsh as they may seem, will help newbies avoid buying into a dream, the sort of things I bought into years ago.
To be fair - does say on the site that the indicator can repaint, I don't think many people seeing this perfect looking indicator realize that there is so much more to this system than this single custom indicator.
My personal opinion is that a repainting indicator can give you an earlier entry when trying to buy low and sell high, but there needs to be a lot more information/ tools used giving prior sentiment.
I use candles and a couple of mt4 indicators supplied with the platform, indicators give signals on previous price, doesn't matter if they are custom, repainting or not, trading is something you learn over time and realize that money management and trade management play a more important role in consistent success than the perfect indicator giving the perfect entry.
I use the indi's (3 of them, ema, stoch and cci), to quickly flick through the 28 pairs, this way I save time, I trade for an average of 10 minutes a day, medium term, daily weekly charts.
I can use my system with higher leverage to scalp a couple of pips or as I prefer - let the money work for me and collect hundreds from much less work, pay less in commissions and spreads.
BROKERS LOVE SCALPERS, especially profitable ones.
People have the perception that intra-day scalping is the real money maker, I searched and searched traders on my journey to consistent profits, most, especially Money Managers make it through longer term strategies, although like scalpers many profitable traders I've found do have an inverse reward for risk.
Sorry if my rant annoyed some of you, but I struggled for a long time and wanted to share some of what I've learn't, not put down someone else's efforts without justification.
There's so much for sale without the back up. Want success, find someone with a proven live account to teach you, even if you pay for it, this indicator is only a small part of a system, teach a complete system and not just leave customers no better off.
Well,after 12 hours of doing only trading-a priceless hint-forhet scalping and timeframes below 15 min,concentrate on 30min-1 hour-4 hours frame,dig deep into harmonics,gartley,abcd and wolfe waves.A lot of people will jump now saying wolfe is crap-yet it`s one of the main systems i use to make money.I`m not a awfully rich and i`m not planning to be,but i make more than enough.Take this for free and save yourslef countless months and years of struglling with no clear direction.It is NOT easy,but these strategies ARE working and well worth it.Learn enough about gartley patterns and wolfe waves and you have the basics of making money in today`s market.The rest is just useless.Was used to work fairly well 10 years ago is just useless now.
AVERTISSEMENT SUR LE RISQUE ÉLEVÉ : Le trading de devises comporte un niveau de risque élevé qui peut ne pas convenir à tous les investisseurs.
Leffet de levier crée un risque supplémentaire et une exposition aux pertes. Avant de décider de négocier des devises, examinez attentivement vos objectifs dinvestissement, votre niveau dexpérience et votre tolérance au risque.
Vous pourriez perdre une partie ou la totalité de votre investissement initial. Ninvestissez pas largent que vous ne pouvez pas vous permettre de perdre. Renseignez-vous sur les risques associés au trading de devises et demandez conseil à un conseiller financier ou fiscal indépendant si vous avez des questions.
Toutes les données et informations sont fournies "en létat", uniquement à titre dinformation, et ne sont pas destinées à des fins de trading ou de recommandation.
Les performances passées ne sont pas indicatives des résultats futurs.