Have you gotten your hands on this and tried it out before, for weeks and months at least on your end?
With respect, I just quite have no ideas why someone would just happen to see something, some video clips online or Youtube, then say, it is a good indicator/algo? I must be out of my mind.
In a world of trading, you must have something in your possession, try them out on your own, at least a full month or even more, then you decide if they are worthy or so good or so powerful.
I have said it before, plenty of times even, ALL algos/bots would look "so good", "so promising", "so powerful"...out there, on YouTube, or on the websites where people sell them.
They of course, need to show you bunch of videos of their algos and bots in actions and invetibably, with all those fancy green profits in hundreds and thousands. It is in the end, a business to run. No doubt!
I can betcha, we all have hundreds or even in thousands, a handful of indicators, algos/bots, trading systems and strategies stuff we have downloaded onto our PCs and USB sticks and so on...
What has happened to them? What has happened to the very first one we got our hands on it and tried out? What has happened to the second one? Then the third, the fourth...?
I myself, know very well and would be the first to admit to you, I said the very same thing when I saw them for the very first time. Wow! It is awesome. It looks so good and powerful. I must have it.
I got my hands on it, I tried it out, I used their default settings, I tried my own settings, I tweaked this, I tweaked that...Yet, I would never, ever get the same results as I would see on YouTube or even, on the owner's websites.
Surprised?
What happened? I stopped using it in days and weeks later.
Then the cycle keeps going. I saw another. I said to myself the very darn thing. Wow, it looks good. I must purchase it or download it from here or somewhere else, or educate it myself.
What happened then? Same thing. I failed seeing the same darn results as promised, as on YouTube. No greens. Just reds and reds in profits.
Now years later, I possess thousands of these things, indicators, algos, bots and what not...Full of them on my portable, external memory drives. Yes, full of them craps. Some I must say, alright enough to keep using but the rest, has been off my PCs, collecting dusts for many years.
Again, just my own personal experience throughout the years of trading and searching for a "Holy grail", or at least, a final darn good one that is actually good and powerful, that brings me some darn good gains and profits each and every trading day.
Surprised again?
There is NONE. No such thing as the holy grail.
And my quest of searching for it continues...
The cycle repeats.
If you have found that good and a powerful indicator or an algo and bot, or even a trading system. STOP right there on the spot. Don't change anything. Keep using it. If it aint broken, dont fix it.
However, human nature, I fully and completely understand, we tend to tweak this and tweak that, or try out new things. Inevitable!
And so we keep on looking and searching for new ones, in hope, they would be better than the ones that currently are making money for us.
This one though, is not a surprise!