From what I can see of "trade oracle", its bottom line is dependence on normally available trend indicators and indicators that are in wide use among traders already ---- to pay the OUTRAGEOUS amount requested for a system that is simply a nice rehash of whats already available would seem to be one GREAT waste of money.
Remember that almost any well thought out system, from MA x-overs, thru zigzags (which they use and which DO repaint, although thats NOT really the problem its made out to be !) will produce profitable returns as long as stop losses are used in an intelligent manner (NOT TOO TIGHT !)
FOREX is based on a trading methodology of support and resistance, with large moves (breakouts and breakdowns) based on news, which can be traded for decent gains --- once that movement from the news is over, the trend of the price reverts to its "mean", which is simply the price comes back to the point it diverted from the original trend. Its not brain surgery, and a look at a simple chart will prove it beyond any shadow of a doubt ---- Essentially, what goes UP must come DOWN and it comes down to the same place it started UP ! THERE FOR FREE is one of the greatest secrets of trading forex while another is WHAT TIME are you trading it ?
I will not say that forex is SIMPLE, but if one looks at it as a macros situation, and not at every single tick of the chart, one sees the patterns and the movements make sense, as opposed to the NONESENSE most new traders see !
IT AINT BRAIN SURGERY and the reason most lose early on is because they rush in with too much money, extend their margin and BAMMMMMM, the broker takes the pot !
Also remember that NO system will produce 100% returns except a very good manual trader, and that may not be possible for an extended length of time as the odds are certainly not in his/her favor as each trade raises the odds !
The use of normal indicators, be they renamed or not, pretty much says that this system should produce profits, BUT THE COST IS UNBELIEVEABLE for something so relatively simple.
If there are those who wish to spend THAT much money,so be it, but you would do far better with a bit more LEARNING and practically ANY decent system. And for really excellent results, find a tutor willing to share experience ---- that way you LEARN to trade forever !
IF YOU HAVE THAT MONEY TO BURN, then have fun ---- BUT YOU CAN GET EQUAL RESULTS FOR FAR FAR LESS --- I wont call it a scam, but it sure makes selling ones system easier, cause you dont have to sell many copies to make money for the people who designed the software !
I've made the same mistakes as most newbs many years ago, but i was lucky enough to survive, take stock of what i had done, and then learn and go forward and return constant profits --- IT IS NOT THAT IMPOSSIBLE, if you can dress yourself in the mornings, to do that consistently once you learn what forex is all about !
Your choices, but WHEW . . . . . . . . . this is one expensive mother !
enjoy and trade well
mp
mp