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All forex brokers know that arbitrage betting is extremely unprofitable for them because it is very fast which gives the client a small roi. However, when there are over thousands and thousands of trades opened and closed, the brokers will lose money very fast. Therefore, a lot of brokers...
Forex is hard, as with everything else life throws at you. What you need to know is that this isn't a get rich quick scheme. You should also implement your own risk management spreadsheet so you know how much to risk and when to add lots.
It is a trend following indicator, so it most likely will not repaint. Of course the indicator also has aggressive features, so the indicator is quite versatile. However, it is not the best in ranging markets.