Thanks for the suggestion but at present, we will continue to run the original version we purchased from Sniper Forex. Not sure how "legal" the free indicator would be.
Thanks once again.
you obviously didn't read the article on the other page. It is not anything like an illegal copy.
It just explains how Sniper Forex is made up of standard indicators that are freely available on Metatrader 4.
You are correct, did not read it in full. Will actually keep an eye on this and if it mirrors Sniper over the next week or so we will look at posting something on our own forum, perhaps even a link to your article. Thanks for pointing that out.
I think it just gives traders a chance to try or test a system before buying. I know Sniper isn't particularly expensive but nice to try these things first imo.
As the indicators was not profitable everybody forget about and taadaaa....now the same indicators are sold as commercial system.
Review Team homepage and many other so called independent reviewers post good reviews on there homepages that novices buy the system.
Why they do so?
They get for every sale large commission and do not care about the trader who will loose money using the system. The main for them is the commission. Then higher the commission (Sniper pay very high commission) then better the review from them.
Very simple. So if you are new to forex trading dont get f...... up believing in that what you read on "independent review" pages.
Thanks for your constructive comments.
We pride ourselves on our independence and we are very clear on our website that where possible we create affiliate relationships with all those systems/services that offer one. These funds (as well as google adsense) cover our costs and subsidise purchase of further systems/services which we then review in our spare time. If we do decide to trade a system we report each and every one of our trades and provide an online Trading room where we try and post as timely as we can. If we decide to trade a service we again report all our trades. We do not take it lightly when adding a system/service to our "We use" list nor do we care about what level of commission that system/service is offering, if any at all.
We have spent a lot of effort to gain respect from those that visit our site and become members and we guess that only time will tell whether we retain that respect through our openness. So, yes your comments are valid about many sites out there and you are correct to draw others caution to them, however we will continue to strive to retain our integrity.
Hope we have cleared things up for you and we can get back to focus on Sniper Forex which, as it happens, has just traded into profit for the first time this year for us.
Apologies all but we just wanted to be clear on our position.
yeah some "review" sites are full of it. And they are basically marketing people/companies who are selling trading systems/methods via affiliates. I think after a while you know whos legit and who is not. But the novices
I think Sniper is certainly not the worse system out there but as I said in my article, you can create your own system for free that is pretty close to it.
As a trader for the last 6 years I have never sold a system ( apart from one via eBay but that was for a test on how honest marketing doesn't work) and even when I do reviews that I find positive I still do not sell them.
I think it is important for a new trader to have as much information as possible for free when they start. Learning to trade is not cheap and the quicker you can avoid the usual pitfalls the better.
Hello Funyoo. Do you mind sharing this EA, i mean the EA only, withour the sniper forex indicator. Thank you.