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Indicators from The Indicator Store of Pablo Maglio


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Indicators from The Indicator Store of Pablo Maglio

  #1 (permalink)
 Gerard000 
Berlin
 
Posts: 6 since Aug 2014

Hello, I'm totally new here.

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

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  #3 (permalink)
 
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 cory 
virginia
 
Experience: Intermediate
Platform: ninja
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Gerard000 View Post
Hello, I'm totally new here.

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

we have suppertrend here

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  #4 (permalink)
 Gerard000 
Berlin
 
Posts: 6 since Aug 2014

Hello Cory,

Thanks a lot. Do you know if one can trade such an indicator?

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  #5 (permalink)
 
cory's Avatar
 cory 
virginia
 
Experience: Intermediate
Platform: ninja
Trading: NQ
Posts: 6,098 since Jun 2009
Thanks Given: 877
Thanks Received: 8,090


Gerard000 View Post
Hello Cory,

Thanks a lot. Do you know if one can trade such an indicator?

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.

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  #6 (permalink)
 Gerard000 
Berlin
 
Posts: 6 since Aug 2014

Thanks again, Cory. Great help.

Like I said, I have experience in stocktrading but not with a good system, only with some simple basic principles like Fibonnaci, Elliot wave, etc.

That's why I'm looikng for a good and safe trading systeem, but I'm dazzled by all the information...

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  #7 (permalink)
 Gerard000 
Berlin
 
Posts: 6 since Aug 2014


cory View Post
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?

Thanks in advance!

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  #8 (permalink)
 
bobwest's Avatar
 bobwest 
Western Florida
Site Moderator
 
Experience: Advanced
Platform: Sierra Chart
Trading: ES, YM
Frequency: Several times daily
Duration: Minutes
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Gerard000 View Post
Thanks again, Cory. Great help.

Like I said, I have experience in stocktrading but not with a good system, only with some simple basic principles like Fibonnaci, Elliot wave, etc.

That's why I'm looikng for a good and safe trading systeem, but I'm dazzled by all the information...


Gerard000 View Post
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?

Thanks in advance!

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.

Bob.

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  #9 (permalink)
 Gerard000 
Berlin
 
Posts: 6 since Aug 2014

Thanks a lot, Bob.

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.

But thanks anyway for your good comment.

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  #10 (permalink)
 DoctorDirty 
Fukuoka-shi, Fukuoka-ken, Japan
 
Experience: None
Platform: NinjaTrader
Trading: Futures
Posts: 46 since Sep 2013
Thanks Given: 43
Thanks Received: 20


I would recommend reading through this thread before you buy an indicator/system.


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Last Updated on December 1, 2014


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