Yet another indicator from Karl Dittman…
This entry is reserved for our official review of Auto Trend Forecaster. This is a forex product being sold on most likely Clickbank or Plimus for a TBA price. They will most likely offer a refund policy of 60 days no questions asked money back guarantee.
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The indicator is using a 8 and a 21 EMA. When the 8 EMA is above the 21 EMA, the colour of the indicator is blue(uptrend) and when the 8 EMA is below the 21 EMA, the colour of the indicator is red(downtrend)… The entry and exit rules are based on recent lows and highs… And the price is 97 😀
I have been using it as a trend indicator mostly but have used its alerts with wider SL’s. I usualy go with the last support/resistance levels. Also Only trade the 1H alerts the 15m and 30m are only good for whats might be coming in the1H TF. It may not be for day traders most my trades go 4-48 hrs and I have made good profits in Demo accounts. One last thing you need to know alittle about the market never trade blindly. Going live in July. Wish me luck.
Another duff indicator. Tried it…followed entry rules religiously…4 trades…4 stoplosses hit. 100% losers.
Now I got this e-mail from Lars Larson telling me about this new Robot. I’m new to the robot thing, but I have some extensive knowledge pertaining to day-trading. I’m even new to the site, and from what I’ve seen, I don’t think, or at least I wonder how many people actually have an understanding of what they’re doing when trading. Just a general message. It’s best to have a fundamental understanding of why the markets move. Don’t jump in an airplane cockpit not knowing how to fly AT ALL, autopilot will only get you so far