Boomerang indicator system at indicatorwarehouse.com | Trading Reviews and Vendors


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Boomerang indicator system at indicatorwarehouse.com

  #169 (permalink)

Dallas, TX
 
Trading Experience: Intermediate
Platform: NinjaTrader, IB
Favorite Futures: GC, CL, ZS
 
Posts: 13 since May 2013
Thanks: 5 given, 41 received

Mohan's Ultra Boomerang System

As an update - Again, the system itself, with the "Ultra" addition, is not that bad, if you trade it. I had a free trial a few weeks ago, and Mohan, after posting some big gain in the 2 weeks prior, STILL cannot or will not trade the system, but instead takes trades early, gets out quick, and then top or bottom fishes for 2-3 losses while missing the big trending move, before finally getting a 3-point winning trade. In the 2 weeks I watched, of the 10 days, at least 8 were losers. So much for 90% accuracy. If the developer (and I use the term loosely indeed) of the system himself can't get better than 20% winning results, either the program is bad, or he's constitutionally unable to trade it. I believe it's the latter. So, the trade room is a total waste of time.

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