Indicators Looks like EOT Allas | Trading Reviews and Vendors


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Indicators Looks like EOT Allas

  #22 (permalink)

Elite Member
USA
 
Futures Experience: Master
Platform: NinjaTrader
 
caprica's Avatar
 
Posts: 155 since Jul 2009
Thanks: 45 given, 109 received

Sharky and wh are both right in my view. I think Richard is mostly right lol by that I mean that I think he was trying to say that who cares if it is complex or simple, the goal of designing an indicator was not to make it simple or complex, but was to make it useful.

so I think that who cares if the indicator is commercial, free, complex or simple. The real measurement that people should focus on is the usefulness and forget everything else.

There is nothing wrong with selling a product. The market will respond accordingly if the product is useful. Everyone is entitled to earn a living. I see no evidence that anything EOT has done is deceitful or that they've made any false claims. In fact it is quite the opposite it seems EOT has gone beyond the norm of commercial indicator vendors and are really focused on hand holding for new traders.

I think this forum's existence itself is an example of my argument. The forum allows donations but does not require it. People that do not pay money can still see the content. If one day the forum were closed to only those who have donated and people that have not paid could not access the content that exists on the forum, does that make the content less relevant?

Just because something costs money does not mean it is better or worse.

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