Hi

Thank you for your query

We will contact you via personal message regarding your concern

Regards

Karlo 

Hi Karlo,

Questions about this "PipFinite Trend Laser" indicator:

(1) Put this indicator on the chart, do I need other indicator (Stoch?) ?

(2) What are time frames the best to use this indicator?

(3) Does this indicator show SL and TP automatically when BUY or SELL signal appears?

(4) Is this indicator used on any pairs?

(5) Is there an Alarm (or msg/email notification) when BUY or SELL appears?

Thanks 

Thank you for your interests

1. Trend Laser is a manual indicator that needs to be combined to a trading system to work. Using stochasics is just an example.

It can be combined to any other indicator. This depends on the traders preference and trading style

Most clients combine it to sets of indicators plus technical and fundamental analysis and price action.

Using the indicator alone will not be profitable, because there is no single indicator that can be a complete system.

2. Any timeframe, this depends on your trading style. If you trade M15, setups will be faster compared to H4.

Bigger timeframes give bigger profits. Just like any standard indicators found on Mt4. Most of our clients work on H1 timeframe.

3. Yes, You can use the Average Profit Value as Max TP for next signal, or Minimum Move as Min TP. Please note that these are just statistical values

calculated from max profits of past signals, you can use these values as reference only. Traders decision is still more important setting SL and TP. 

Most Clients use Support/Resistance and Supply Demand Areas for their SL and TP. Others also use Swing Low/Swing High, others also use ATR Based targets

4. Works in any pair. Any pair moves the same. But trade the pair you most know to increase probabilities. If you have mastered EURUSD, then trade that pair.

Success Rate filter is also added to the indicator to help determine if pair is trending.. Based on statistics of past signals.

If success rate is below 85%, then you can skip this pair/timeframe.

5.Yes there are SMS and email alerts, please not that signals are on the close of the Bar.

Karlo 

Hi Karlo,

So, when see the number (the max profit per signal), it means the trend may be changed to the opposite direction soon? 

Just want to clarify.  Thanks!

Hello,

Thank you for sharing :)

What is the period you use in trend laser please (on those pictures example) ?

Thank you 

The interesting question is.

How can you get that many positive reviews with just 5 REAL activations... ;)

Sometimes I browse the market place out of curiosity of what is out their. 

This was one of the first indicators that popped up in the marketplace and i'm guessing was suppose to be a popular one.

I downloaded the demo version and ran through the strategy tester. I've concluded that this is one of the worst trend indicators I have ever seen. On top of that it is almost identical (but worse) then the top trend indicator which is FREE.

Unfortunately, there are a lot of naive and beginner traders out there that fall victim to paying 88 USD for a product that looks good because of nice videos and flashy advertising, but falls short in live market conditions and will eventually end in losing all of there money.  

When are you people going to realize that if someone had an amazing indicator that does wonders and gave you a serious edge in the most volatile market in the world, why would they sell it for 88 usd, and provide support for it? Don't you think they would just keep it and trade with it themselves.

Save your money. Take it from an experienced trader. It is garbage.  

Edit: All of the pictures that the owner of this indicator is posting that makes the pip finite laser look amazing were all pictures of ideal and perfect market trend conditions where ANY indicator would have looked perfect. 

Hi,

First of all, this is your point of view which we respect, we don't have anything against it. Your opinion is always welcomed.

Trading is very personal. One might work for you, one might not.

Please take note that One man's garbage is another man's treasure. You may find our indicator as the worst one, but

another trader will find this very useful. This just depends how the trader finds use with the indicator.

We developed many indicators because different traders have different trading styles and needs.

Also our indicators are NOT complete systems, the trader needs to combine it to his trading strategy to work. 

The reason why MQL5 has demo versions is to test if the tool will work for you. If it does not work, then ignore it.

So let the testers decide for themselves :) 

All our tools are manual trading indicators. Manual trading tools which require traders discretion. Losing trades cant be avoided because there is no perfect strategy,

the important thing our clients do is combine this strategy to fit their system and needs. Without proper understanding to the market, no indicator will make you profitable.

If you know the market more, even a simple moving average indicator can make you profitable.

We never promise profits to our clients, that is why we don't suggest them to purchase our products unless they conduct backtesting

and check if the tool helps them. We we are very honest developers that is why we have many clients. We are very transparent

and tell them what to expect and not 

We have a lot of happy clients using our indicators. Some are already making a living out of manual trading.

Others area still learning and practicing. Others still on the losing side, But manual trading takes time to learn.

Best Regards

Karlo 

5 is the activation we set.

This is the maximum we can offer. The average person has 2 computers and 1 vps. So 5 is a reasonable number.

Positive reviews are made not because of activation, but the customer service we offer :)

Best Regards,

Karlo 

Hi Karlo, 

Thank you for the reply. I am going to individually address every comment you have made including the ones that you chosen NOT to comment about and ignore. 

1. “First of all, this is your point of view which we respect, we don't have anything against it. Your opinion is always welcomed.” 

Of course this is my point of view. That is quite obvious. You have no choice but to respect it and welcome it as this is a forum where people are free to post reviews, ideas, and opinions on products. 

2. The success rate percentage that you have on your indicator is a percentage of past winning trades divided by total trades. What exactly do you think this percentage does? Surely you would know that just because you had a previous success rate of 95% that does not mean the next trade is any more likely to be profitable say you had a 5% winning rate. You say right on your overview not to trade anything less then 85% win rate. Past performance does not indicate future performance. So your win percentage is completely invalid and useless. 

3.  “We developed many indicators because different traders have different trading styles and needs.

Also our indicators are NOT complete systems, the trader needs to combine it to his trading strategy to work. “

In response to that, yes I agree with you. You have said several time in your overview that it is best combined with other indicators. Funny enough, the recommendations of combining use with other indicators  were to YOUR other products. Hmmm? Interesting how all of your pictures showed 85% and above success rate. By doing this you are immediately putting the idea in a naive beginner trader that this is all he needs. If you have a success rate of 85% and above, why would you need anything else besides your indicator?

4. “The reason why MQL5 has demo versions is to test if the tool will work for you. If it does not work, then ignore it.”

That is simply not true. There are fundamentals in Forex and any market that cannot be ignored. If your indicator is in what I believe nothing more then a simple moving average with some neon lights added to it, then I feel it is my duty as a trader with 10 years experience to try and help people save there hard earned money from buying garbage indicators. So no, I will not ignore it and move on as you say. 

5. “All our tools are manual trading indicators. Manual trading tools which require traders discretion. Losing trades cant be avoided because there is no perfect strategy,

the important thing our clients do is combine this strategy to fit their system and needs. Without proper understanding to the market, no indicator will make you profitable.

If you know the market more, even a simple moving average indicator can make you profitable.

We never promise profits to our clients, that is why we don't suggest them to purchase our products unless they conduct backtesting

and check if the tool helps them. We we are very honest developers that is why we have many clients. We are very transparent

and tell them what to expect and not “

Every developer in the market has an option to test there product. This is nothing new, and does not require explanation on your side. Simply put, if you did not have a demo version noone would buy it at all. Every vendor does this. 

4.  “Please take note that One man's garbage is another man's treasure. “

In this case, one man’s garbage is another mans trash.  

Points you did not address from my original post.   

- If you were such an honest vendor as you say you are, or are at least trying to come off as. You would surely have pictures of ranging or consolidated markets where you indicators looks like absolute garbage as with most trend indicators. NOT just the perfect market conditions that you have chosen to use as pictures for selling your product. THAT would be an honest vendor, showing where your indicator did not perform well. Instead you do the opposite. You show "perfect market conditions." 

- You have conveniently chosen not to address my comment about the top trend indicator being very similar to yours, but far superior. AND ITS FREE! Please see the attached pictures. 

We have answered your questions , I'm not sure what are you pointing at. But this wont change anything.

We keep on repeating to test the demos of our indicators, there is no indicator in the market that can make you profitable alone.

It needs to be combined to a trading system to work 

-> Can be used to create Smart Expert Advisers (EA's) 

We dont promise profits or success :) 

What we can do is offer support to our clients.

And we are really happy we have been consistently on the top.

Thanks

Karlo 

Hi

Thank you for purchasing

To reinstall the indicators in a different device/computer all you need to do is

1. Install a MT4 platform.

2. Log-in your MQL5 account in the Community under Tools>Options of your platform

It should look like this: http://s16.postimg.org/ma9ichb51/Activate_1.png

3. In your Terminal, look for Markets Tab>Purchased

It should look like this:  http://s16.postimg.org/72tis4jad/Activate_2.png

4. Then you can proceed with the download and install of the products you purchased.

Regards

Karlo

 Once again Karlo, you have failed to actually address any of the points I have made. Should I repeat them again so you can read them? 

 You have actually addressed very few of my questions. 

Okay for further questions that are not clear please contact us via personal message.

Regards

Karlo 

Hi

Thank you for your interest

We will contact you via personal message regarding your concern

 Regards

Karlo