Selling Metatrader Indicators is a relatively new business since it could only flourish once personal computers and internet became publicly accessible and affordable to the broad masses. Yet new isn’t the term to focus on from the last sentence, but business. With its virtually Instantaneous commodity liquidity Forex is as near the perfect market as possible and it’s fairly evident that such a facility would attract anyone seeking to spend their money against an expected ROI of tens, hundreds and even thousands of percent each year. It’s estimated that nearly 200 million people are trading on the foreign exchange market and what’s not a quote here is the average daily turnover of 7 trillion USD!
That is a market That would attract a whole lot of attention. Merchants can sell virtually anything to the foreign exchange dealers – virtual personal server accounts, forex broker services, rebates, forex robots, expert advisors, forex signals, forex managed accounts and of course – MT4 インジケーター. There’s nothing wrong with using these indicators, of course. Provided that nobody has convinced you to spend money on a specific indicator promising that this is the Holy Grail and it will tell you exactly when to start a trade and when to shut it. Such ultimate solutions are only possible in a world where a perpetual mobile exists. If it had been possible in the first place it would indicate that it was possible to foresee the future! Not guess it, but see right into it. Guessing is possible, however it’s based on statistical dependencies and as such its results aren’t 100 percent correct.
What does a Metatrader Indicator represent? There are thousands of these, all using different procedures to recalculate the cost action information and present it in a different way to the dealer – but they all have something in common, and it’s that they run statistical processing of the cost action, that is the bar open, pub close, bar high and bar low. Nothing else. Simply a different approach to present to you what you see on your display when looking at the money rate graph. If you have Doubts about, let’s dive into a different very simple logical reasoning of what was said so far here. If a specific Forex index was capable of foreseeing the future, than why did its inventor began selling it? Selling is always for money and with such a potent weapon they would make any quantity of cash trading them.