How much would you pay MAX on a monthly basis for an innovative profitable indicator?

Discussion in 'Technical Analysis' started by w4rn1ng, Dec 19, 2016.

How much would you pay MAX on a monthly basis for an innovative profitable indicator?

  1. 0

    36 vote(s)
    72.0%
  2. €100

    2 vote(s)
    4.0%
  3. €250

    1 vote(s)
    2.0%
  4. €500

    11 vote(s)
    22.0%
  1. I won't go into specifics, but if you study markets enough, your handicapping skills should allow you to statistically define support S/R. This is where the volatility studies come in. At that point, the only thing left is instrument selection, timing, and active management.
     
    #61     Dec 25, 2016
  2. bln

    bln

    Would pay a four digit amount. But I need to understand not only how it work, but why it do work, and if it is stable into the future. I need to dissect it to fully understand the hypotesis and theory behind it.
     
    #62     Dec 26, 2016
  3. w4rn1ng

    w4rn1ng

    Of course, you NEED to fully understand the theory behind it, that understanding will show you why it work and why it will work forever.

    Also, understanding the theory behind it will let you understand how to use the indicators (how to spot good trade opportunities with them, where to enter and why, where and why place stoplosses, etc. ).

    I am going to share the theory behind it for free, with the whole world.

    If then, once understood the theory, you decide to use it in real trading, here are the indicators, ready to use, that you can rent.

    Of course both the theory and the indicators will be heavily copyrighted.
     
    Last edited: Dec 26, 2016
    #63     Dec 26, 2016
  4. algofy

    algofy

    Let's hear the theory now since you are going to share for free.
     
    #64     Dec 26, 2016
  5. Handle123,

    Thanks for your comments.

    Thanks
     
    Last edited: Dec 26, 2016
    #65     Dec 26, 2016
  6. bone

    bone

    Most of my new clients are understandably very excited to download my custom indicator package out of hundreds of Gigs of files it's almost always the first file they open. Fair enough.

    But what seems to blow them away is how ineffective an indicator package truly is ex Vivo.

    An effective trading system that holds up and grinds out income over a protracted period of time and various market conditions is the sum of its parts. There's a whole hell of a lot more to successful trading than an indicator.

    That's my opinion.
     
    #66     Dec 26, 2016
    speedo likes this.
  7. algofy

    algofy

    Bone you just don't understand, his indicator is special.
     
    #67     Dec 26, 2016
  8. Mtrader

    Mtrader

    I agree, but the first and most essential thing is "indicators". Things that guide you in your trading.
    If you don't have these "indicators" you will never be profitable, even not with other exceptional extraterrestrial qualifications.
     
    #68     Dec 26, 2016
  9. w4rn1ng

    w4rn1ng

    Btw the chart too (historical prices) is an indicator too, i agree there may be some entities able to profit by trading without even look at a chart.

    You can just buy or sell blindly and have a 50% chances of end the day in profit.

    Indicators are just tools that give you more information regarding the state of a market, they can be useful.

    I'm as impatient as you, hopefully soon we'll have something to talk about.

    Thanks for your patience
     
    #69     Dec 26, 2016
  10. bone

    bone

    For the sake of discussion, is this a technical indicator package we are to assume ?

    I've seen guys make fortunes without indicator packages. Lead-lag strategies and arbitrage between highly correlated products come to mind. I've also seen some very good rules-based systems that were not "indicator package" reliant in the traditional sense of the term.
     
    #70     Dec 26, 2016