They really are a nuisance to your trading success and are only dragging you down the path to uncertainty.
The most common problem we found with a lot of custom trading indicators you find on the market is that they are not customizable to fit your trading needs and are unprofitable to start.
So, for instance, let’s say you are most comfortable trading with moving averages.
In fact, you love them so much you want to add to your arsenal different strategies/indicators that trade with moving averages.
Great!
So you invest $250, $1000, even $2,500 in a trading system and once you get to looking at the strategy you realize that, well, the indicator and strategy stink...
You see one arrow every six days telling you to buy or sell and, when you do finally get a trigger, it’s highly inaccurate.
Yikes..
So you say, “well I can fix this” and go into the indicator properties and try to tweak the system.
To your surprise, the only thing you can change is the color of the arrow… Really?