omaron Posted March 22, 2013 Report Share Posted March 22, 2013 Anyone ever used or seen a live demo of this: mooretechllc.com/Software/PatternRecognitionIndicator.html Those guys did not returned any of my emails or demonstration requests. How can some1 trust and pay for their indicator if they don't even reply emails ?! Quote Link to comment Share on other sites More sharing options...
⭐ trader1968 Posted March 22, 2013 Report Share Posted March 22, 2013 you don't :) Quote Link to comment Share on other sites More sharing options...
growex Posted March 23, 2013 Report Share Posted March 23, 2013 haha...pure garbage for $1000.... Quote Link to comment Share on other sites More sharing options...
omaron Posted March 23, 2013 Author Report Share Posted March 23, 2013 haha...pure garbage for $1000.... Did you tried it or you just think that just because most of the stuff is actually garbage? Quote Link to comment Share on other sites More sharing options...
growex Posted March 23, 2013 Report Share Posted March 23, 2013 omaron...i've seen their video on youtube...this indicator forecasts UP, DOWN and SIDEWAY move in the same time.... Quote Link to comment Share on other sites More sharing options...
omaron Posted March 23, 2013 Author Report Share Posted March 23, 2013 omaron...i've seen their video on youtube...this indicator forecasts UP, DOWN and SIDEWAY move in the same time.... Oh well... you see.. theoretically that indicator should help you forecast market move. One way or another, we all try to do that when trading. It does not matter if you look at candle patterns, volume profile, harmonic patterns.. you try to anticipate what will happen next based on what happened before. The idea of that indicator, as i see it, is to give you a heads up on the statistical chances of next move. If you have like 80% long, 15% short and 5% sideway, it would make sense to take a long, combined with your other indicators. Or it will keep you from taking a short even though your other indicators said so. The only issue is how accurate it is... how often what it predicts as high chances will also happen. Quote Link to comment Share on other sites More sharing options...
growex Posted March 24, 2013 Report Share Posted March 24, 2013 (edited) Ok, lets see how it works. It takes linear regression and then scan the market for areas with high correlation to current one. Just every NT programmer can code such script in 10-20 minutes with ease. Omaron, this is a scam and it looks strange that you are still bothering with it. Edited March 24, 2013 by growex Quote Link to comment Share on other sites More sharing options...
growex Posted March 24, 2013 Report Share Posted March 24, 2013 The only parameter that can be forecasted in the markets is not the price and not the direction...but volatility. Quote Link to comment Share on other sites More sharing options...
omaron Posted March 24, 2013 Author Report Share Posted March 24, 2013 Omaron, this is a scam and it looks strange that you are still bothering with it. What exactly that supposed to mean?! I think i am free to bother with whatever i want. Quote Link to comment Share on other sites More sharing options...
growex Posted March 24, 2013 Report Share Posted March 24, 2013 Ohhh...ofcourse you are. Please dont get me wrong... :) Quote Link to comment Share on other sites More sharing options...
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