Archive for July 15th, 2011

Repainted again in less than an hour!

Repainted again in less than an hour!

I can't believe it, my previous post where the indicator appeared for a short entry and then disappeared because the markets were going the other way has now indicated again for a short. Note, that there is no sign of the previous indicator... the market fell but now going up, if the indicator disappears again - it is purely fraudulent!  

July 15, 2011 No Comments Full Story

Careful of Indicators in Metatrader which Repaint

Careful of Indicators in Metatrader which Repaint

I have been backtesting this system which looked really good using the Metatrader software. Basically, it told you when the market was trending up or down and if you place a trade when the trend changes and just follow it (from the backtesting), you would be in the money! However, there are indicators in Metatrader which repaint. What this means is that you may be given a signal to enter a position but if the markets move the opposite way, the indicator suddenly disappears. What this means is

July 15, 2011 2 Comments Full Story