FIP Indicator very strong repaints

Published: 18.12.2014

Reading time: 7 minutes

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On my website comes a lot of visitors on request “FIP Indicator” and of course, I decided to write an article about this indicator. But in the beginning, I decided to ask myself, what is this “beast” and why he is so much of interest to many people. If the indicator is increased interest hence he shows good results. But my disappointment was very strong, when I tested this indicator on the history. I saw that the FIP Indicator strongly repaints and has appeared absolutely useless in the trade. He draws an arrow (signal), and if the price goes in the opposite direction, the arrow repaints. This happens as long as the price nevertheless will not go in the right direction.

Characteristics of FIP Indicator

Platform: Metatrader4
Currency pairs: Any
Trading Time: Any
Timeframe: Any
Recommended broker: Roboforex, XM, Forex4you

Warning! Do not use the FIP Indicator to trade under any circumstances. FIP Indicator strongly repaints and useless for trading. FIP Indicator shows excellent results ONLY on history.

My opinion is that the FIP Indicator was created only in order to “pull” a lot of money from gullible traders who want to buy a good indicator. Sadly.

In the archives FIP_Indicator.rar:

FIP.ex4
FIP++.tpl

Free Download FIP Indicator

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Author:

Daniel

My name is Daniel Alard. Already more than 17 years, I trade the forex market. Began my acquaintance with forex back in 2007. Even then, I'm an ambitious young man dreamed of becoming a successful trader and gain financial independence with the help trading...

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Comments:

waqas
Published: 28.12.2014 Reply to the message

i want to know that can we used this indicator FIP Indicator on real account but i read the Warning! Do not use the FIP Indicator to trade under any circumstances. FIP Indicator strongly repaints and useless for trading. FIP Indicator shows excellent results ONLY on history.

Let me know that
Thanks
- Daniel
  Published: 28.12.2014 Reply to the message
  
  Absolutely. This indicator is not suitable for trade
  - jack hana
    Published: 17.04.2016 Reply to the message
    
    So which system is suitable for live trading ?
    - Daniel
      Published: 19.04.2016 Reply to the message
      
      No, in no case!
waqas
Published: 28.12.2014 Reply to the message

but what the main reason its repaints that why its not suitable ?? then how we find it this indicator ? can you tell me
- Daniel
  Published: 28.12.2014 Reply to the message
  
  I wrote earlier: "He draws an arrow (signal), and if the price goes in the opposite direction, the arrow repaints. This happens as long as the price nevertheless will not go in the right direction"
waqas
Published: 29.12.2014 Reply to the message

If i purchase this indicators then its work well ?? can you tell me?
- Daniel
  Published: 29.12.2014 Reply to the message
  
  Why should you buy it? Free download here and be convinced
waqas
Published: 30.12.2014 Reply to the message

ok we check own demo 1st if its working well we used it own real
carlos b
Published: 10.04.2015 Reply to the message

In my opinion this indicator could make a decent "job", in a range trend. If we have a nice and efective up or down trend, doesn´t make a good performance.

This indicator it is similar to other one called "the Dystany Trader", and i agree with Daniel, i think the purpose is, when the arrow apears, we put an order , if the price goes against us ,we put another order (reducing the lot), because they expect that the price sooner or later will go to the arrow direction. But this is a very dangerous strattegie.
Carlos B.
waqas
Published: 30.05.2015 Reply to the message

Which one is the best indicator here ? can you gave me link ?

Thanks
Rafael
Published: 24.06.2018 Reply to the message

na verdade se ele repinta então não funciona, recomendo usarem o time-rush esse indicador funciona e voce pode entrar na mesma direção da sena intrabar.
FX
Published: 22.09.2018 Reply to the message

LOL, come on and be smart.
Test it on other settings like all those other indicators !!!!
GORAZD TRAUNER
Published: 26.10.2019 Reply to the message

LOVE YOURS HOPEFULLLYYY HONEST COMMENTS, DANIEL.

SUITABLE OR NOT SUITABLE FOR LIVE TRADING

THAT IS BASICALY EVERYTHING WHAT A TRADER WANTS TO HEAR,SO...
PLEASE DO THAT FOR EVERY INDY,EA,... EVERY SINGLE TIME, DUDE
Rolando
Published: 28.11.2019 Reply to the message

What The FACT !
Robert Villano
Published: 30.12.2019 Reply to the message

Hey Guys, why don't you just trade the opposite of the arrow direction...If an Arrow comes in saying Down Signal, just Buy in the direction of the repaint to the upside..since it repaints trade in that direction. Same for the opposite signal, Buy signal comes in with arrow pointing up, just sell trade..Just do the opposite in the repaint direction..Make tons of pips...That's what I do.
Theo
Published: 01.05.2020 Reply to the message

Hallo, id like to see what y9ou think f Karl Dittmann's newest Onyx Scalper.

Further do you perhaps have the robot(ea) for rita Lasker forex olumpus

My first time here- i loved it and will be back for sure..
Rasool sadeghian khorasgani
Published: 09.01.2021 Reply to the message

very good *
Ademola
Published: 25.02.2021 Reply to the message

Great job Daniel

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