I did a trial of it once they pretty much have the same stuff as is on here and NT forums. They may have worked out better settings or something but it didn't seem worth what they charged for it.
Trust me....you will get everything you need for free off of this site and it will be even better....DO NOT PAY FOR SOMETHING YOU CAN GET FREE HERE!!!!!! PM, if you have any specific questions you want answered. I was a FORMER user of BWT
I have spent a fortune on all kinds of systems books training, etc In the end all it did was cloud my vision and stopped my brain from working. The best thing you can do is keep all that money for your trading account and learn to use the information that price action is giving you. The advice here from all these great people is much more valuable than any system you can buy. you could also visit forex4noobs.com where you can learn more about trading without indicators
I agree with Yiman . Bluewave and any other educator will sell you a seat in their classroom to show you how they trade but if your focus is on indicators and price action comes second to you then you can never succeed , sorry .
I have spent plenty to be taught how to trade and sampled every indicator and method there is and then found that by first recognizing price formations and patterns you will discover that their repetition is very real and happens over and over again .
Only then did I realize that applying indicators that quantified price action and confirmed entries and exits could I use indicators to make money .
My suggestion is to read and understand a book like " Trade chart patterns like the pros " by Suri Duddela , its much cheaper than a $3000 course and will help you develop a method on your own that you will understand and enjoy a lot more than the rules set forth by an educator .
Broker: Tradestation/Tradestation, NinjaTrader, FXCM and Tallinex
Trading: ES, CL, EUR/USD, TF
Posts: 183 since Aug 2009
Thanks: 104 given,
61
received
Hi FESX,
I like the eco2 and mike super trend. but do we have free indicators on this site that have that divergence thing BWT has----I think it is bollingerband ma divergence of some sort that gives diamonds as it happens. This is a good trigger.
thanks
Spencer
I know this is my first post which may seem suspicious but i am more of a lurker any way. I own and use some of the BWT indicators every day and on almost all trades. I agree that having traded now for about 5 years I can trade without them, but it has been a great tool for learning set ups, pull back, trends, and reversal points. I would say if youre newer to trading and cant find similar indicators free, and you can throw out 3k, i think they are worth every penny. just sayin, really helped me learn. I never joined any chat rooms or bought the autotrader, although i do like the auto trader. When i leave my screen for a while, i can come back look at the BWT and get a pretty good idea what set ups i should look for next.
Just my 2cents.
The following user says Thank You to newell for this post:
