Yeh thats pretty much it, the thing is these indicators specifically dont work reported to me personally and proven by several long term live traders and the EA doesnt either everyone whos used them has lost money.
And now of course everyone is finding out they dont work sales of them have gone down, causing the person who sells them to post on forums telling lies in order to get more sales.
I mean its so easy to make a mt4 indicator that looks pretty and to the naked eye looking back it seems wow look at all that profits its captured.
But when one uses it live its often a different story as indicators dont take into account sudden news movements and choppy sideways ranging markets.
This indicator package uses pivot lines and moving averages which are freely available and the person sells them to make themself wealthy.
I dont have much respect for people like that when you have people who devote half there lives and there health to making some kind of new indicator that doesnt use standard free indicators and they give it away free just so others can make some money and enjoy life more.