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Another Holy Grail !!! (Probably Repainting)


vibhatha

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Hello Everyone this is my first post here.!!!

 

http://4.bp.blogspot.com/_e1OnwvEJlqg/TGAaooRvwRI/AAAAAAAAAng/XN1AvWRHJ9o/s1600/fxtrendsignal.gif

 

If u have the indicators posted in the screenshot please share share it!!!

 

 

:D:D:D:D:D

 

:-?For further reference:-?

 

hxxp://fx-trading-currency.blogspot.com/2010/08/metatrader-signal-system-no-repaint.html

 

Owner of this indicators says:

 

:-$"""This signal system works best on main pairs with 1H and longer timeframe, no repaint, easy to use, just follow the arrow direction and confirm with the lower filter indicator, Blue for going up trend, Red for going down, look at the screenshot below for an insight. There will be 5 indicator files and 1 template file, all you need to do after download the files is: put the indicator files into indicator folder and the template file into template folder in your installed meta trader folder, then open any chart, right click on the chart and select template --> trendsignal template, your screen will look exactly like below, then your part is follow the signal and collect money, it doesn't repaint and work precisely !

 

Thank u

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When any indicator exactly picks up the top and bottom, it's most probably 99.99% repainter. Without the look back, this kind of signal is next to impossible. So don't bother searching for this indicator.

 

Then again, others believe, a little re-painting is not a bad thing altogether!

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I wonder if the lower indicator repaints. If not, lining up both signals might work.

Think about it, if the indicators dont re-paint (either of them) you would be a millionaire in a week all for $27 !

I think the arrows give the same signals anyway.

This screenshot (and maybe indicators) have been posted before.

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Has anyone got the arrows on the chart indicator cheers.

 

 

Hi Scratch,

 

 

The arrow just repaints the new position of the spike that appears in the cycle indicator....please note I deliberately used the word repaints...since thats what it does,from time to time , all the time as the chart progresses

 

I used to have this indicators at one time, these are really horrible repainters.... you will be surprised how these spikes and arrows keep on moving as the chart progresses ..

My sincere advise, please try it on a smaller time frame on a demo account to see what I mean, and you will see the indicator doing the crazy stuff I am referring to ...

You will see sometimes the spike on the downside indicating a buy, you get into a position only to find the downward spike to disappear the very next candle or two.... and the flatline as if it had never given the signal... its very annoying.

When I first saw it about a year back, I thought it was the holy grail... only to be disappointed badly in the coming few days.

However its good that this indicator did resurface on this forum, atleast gave me a chance to post my honest opinion about this scamming indicator..

Hope that helps...

Lets keep our sharing spirits high and thanks to all the people who try to share ideas and indicators... the indicator or idea doesnot have to be a winner but the genorosity to share it should always be appreciated...so thanks for the request and the share... and for all the contributors on this thread.

 

Regards

Heisamit

Edited by heisamit
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