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I want to use a new indicator

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I want to use  a new indicator in MT4 / MT5 Indicators_xx
I was looking for an indicator over the internet. After searching a lot I have found an indicator buyselltrend.com
Can any one tell  me is it a good one?


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#1 - June 20, 2018, 06:56:36 PM

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I want to use  a new indicator in MT4 / MT5 Indicators_xx
I was looking for an indicator over the internet. After searching a lot I have found an indicator buyselltrend.com
Can any one tell  me is it a good one?


I do not have any experience with this specific indicator, but I have used similar indicators. If you look at the first image on their website, there are many candles that penetrated the blue line to the downside. The indicator most likely would have been red during these times and not blue. It may have even plotted red arrows too. However, when you look at it in the past, it looks too good to be true and you do not see the red lines or red arrows that may have been there before. Indicators like this usually repaint and that's why they look so good. Again, I do not know about this indicator specifically, but I have used other indicators very similar to this and that was the case.
#2 - June 20, 2018, 07:32:40 PM

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I have used an indicator like this in the past. It used arrows and it repainted alot. I wouldn't waste money on it or rely on its signals.
#3 - June 20, 2018, 08:21:22 PM

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Hi, How many candles before the pair (eur/usd) m15 does the indicator predict ? 1 to 3, 1 to 5, 1-to 10 ?
#4 - June 26, 2018, 11:30:11 PM

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I want to use  a new indicator in MT4 / MT5 Indicators_xx
Hi, How many candles before the pair (eur/usd) m15 does the indicator predict ? 1 to 3, 1 to 5, 1-to 10 ?


Are you sure you posted this in the right section? It seems as if you are talking about the FEN indicator.
#5 - June 27, 2018, 03:31:07 PM

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