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Indicators from The Indicator Store of Pablo Maglio
Maybe one of you can help me: I want to buy one of the indicators of Pablo Maglio from The Indicator Store, i.e. The PMS Supertrend indicator (for automatically trading the DAX). Can anyone tell me if the indicators off Pablo are good, especially this (automatic) PMS Supertrend indicator?
Thanks a lor for your help!
Gerard
Can you help answer these questions from other members on NexusFi?
Exported using NT Version 7.0.1000.11
This is a new implementation of the TradeStation SuperTrend indicator for NinjaTrader 7. The SuperTrend indicator is an application of the concept of MAE (maximum adverse excursion), which was introduced by John …
yes, you can trade on any indicator For this indicator you can apply it twice; one with a bigger setting for trailing, one with a smaller setting for entry according to some trader.
I think I'm gonna buy a trading system but do you know which are decent sytems (or have the folks here at Big Mike's all self-made systems?) ? I've heard about MTPredictor and Mohan's Boomerang Day Trading.
Do you know if these are good sytems and/ or do you have some other suggestions?
I'm afraid that you're not going to find a "good and safe" system that will just make you money reliably, and almost certainly you will not find one for sale.... If someone had such a system, would they sell it to you, or just use it themselves and make much more money without bothering with marketing and customer support?
On the other hand, if someone had a system that perhaps looked good but that they weren't willing to put their own money into, would they then be willing to sell it to you? Probably so. And should you buy it? Probably not.
It will take some time and work to learn how to trade, in a style that works for you. A good start would be to start reading and following some of the threads here, as well as the many webinars, and taking some of the ideas and seeing how you can apply them on your charts.
An Elite membership will get you access to many more threads, the webinars, and to the huge supply of free indicators, such as Supertrend. Also, it is much cheaper than any system.... But that's up to you, of course.
Good luck, but be careful with buying systems. Most or all will fail you.
Offcourse youre right', and I realised what you said, but the reason why I made my queston is that I saw some positive comments at this forum about systems like MTPredictor, etc.
I thought it would be interesting (if not sickening) to start a thread where futures.io (formerly BMT) members can name what trading software, programs, methodologies, products, e-books etc. they have bought over the years.
Our friend Bobby started a …
