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Old 05-26-2009, 05:46 PM   #9

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Re: Scalper Software Indicators

I went against my better instincts and bought the indicator (dots) and they
are complete garbage! and he's full of crap himself.
Cant stand these ass holes who sell this stuff knowing they dont make any money!!
Even the automation is garbage. He couldnt even give me a straight answer with even
basic questions.
Save your money.
Hope this helps.
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Old 05-26-2009, 05:49 PM   #10

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Re: Scalper Software Indicators

I have to say the screen shots looked so perfect that I was very wary. Sorry to hear that you did not have a good experience.
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Old 05-26-2009, 05:58 PM   #11

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Re: Scalper Software Indicators

LOL...i know i got emails from him for about a month and was pretty impressed.
Then we even setup a live chart to see them in action and after 10 min. he complained
that he didnt want to do it anymore and became a complete ass hole.
If something doesnt even
work 50% of the time...its obv. garbage.
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Old 06-03-2009, 12:07 AM   #12

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Re: Scalper Software Indicators

How does it perform differently live then it does in the static charts he sends out? I'm always skeptical but the charts he shows look promising. I was thinking of looking at something like this to confirm my existing signals but if they don't perform reasonably in real time there's no sense wasting time/$ on it.
Let me know - thanks!
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Old 06-03-2009, 02:12 AM   #13

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Re: Scalper Software Indicators

Well for one thing you can edit a chart after the fact and make it show whatever you want. I can draw a set of entry and exit points on an ES chart that make it look like I capture 100% of the day's range every day, but that doesn't mean that I can actually make those trades live.
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Old 06-03-2009, 02:32 AM   #14

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Re: Scalper Software Indicators

An indicator is useful only if you understand the mathematical operation inside it.
I would never trust a black box with my money.
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Old 06-03-2009, 09:28 AM   #15

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Re: Scalper Software Indicators

Quote:
Originally Posted by diablo272 »
Well for one thing you can edit a chart after the fact and make it show whatever you want. I can draw a set of entry and exit points on an ES chart that make it look like I capture 100% of the day's range every day, but that doesn't mean that I can actually make those trades live.
Of course you can...in this case, if he is manually placing dots after the fact then he is committing fraud. Since he has been in business for a while I'm guessing there is another explanation. He could be sending out only the time frame charts that look good. Only someone that has used it live would know.
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Old 06-04-2009, 09:39 PM   #16

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Re: Scalper Software Indicators

I bought paintbar factory ones and it turned out to be a basic moving average. The problem with all these is that they show you the best examples especially in charts with perfect swings, take a perfect chart and apply any indicator to it and it will most likely look good. Live and learn I guess.
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