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Yes, don't bother with this indicator. It will lag your system a lot. And the indicator will repaint. Be careful, just because somebody says it is "non-repaint" does not mean it doesn't. Prove it to yourself on a 1-min timeframe. It probably won't take 15 to 30-bars to see if it repaints...
Ah, yes. This does repaint. Don't let any indicator fool you. If it repaints on a 1-min chart, it WILL repaint on a 30-min, 1-hour, 4-hour, etc.
That is just how it is.
There is no modeling quality. Its trading from a Renko chart.
Backtests on Renko charts are not reliable because of the possible different starting points of the Renko chart generator.
I have written hundreds of different indicators... there is no such thing as trend prediction. Only trend extrapolation. "An indicator" has no idea where price is going to go. Only where price has been.
Carl
Mostapha has a structured way of advertising his indicators. I can sit on my computer all day, and record trades using just MACD, then edit out the trades that don't work, and you would think I have the HOLY GRAIL. But alas, its just the MACD. His standard of showing you all his indicators is...
The evidence is Mostapha will NEVER show you a true backtest of the indicator... NEVER.
He never has in ANY of his video's. Because they ALL repaint.
Think about it. If you wanted to sell an indicator that really works, PROVE IT DOESN"T REPAINT.
I don't have to show any evidence... HE DOES.
Carl
And that is why there are scammers like Mostapha.
Because there are stupid people who believe that they have a GRAIL indicator that they are willing to sell them.
Probably make more money selling scam indicators, and less risk than trading FOREX.
It's called experience.
Go ahead and buy it.
I don't really care what you do. You aren't wasting my money.
Just trying to save you from wasting your hard earned money.
Carl
Guys, this is a heavily repainting indicator. Do you wonder why he never shows a strategy tester backtest??? He even had evidence of the repainting on one video. I called him out on it. He deleted the video, and blocked me from making further comments.
If it looks to good to be true, it is...
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