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IndicatorGuys.com (TheIndicatorGuys.com) Review

Updated: Dec 6, 2018
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Michal Prokop,
London, United Kingdom,
Sep 4, 2015,

I have been to the Indicator Guy, offices in Hertfordshire and had some training in January, it was very insightful and a little more truthful that what I had done in the past. I was taught simple technical analysis and market structure. It was very enjoyable. I have since purchased the pro trader package which helps me use the tools to day trade and swing trade and also do some scalping which I had never thought to do in the past. To be honest this is the first time I have been profitable in my 3 years of trading. I now no longer rely on just day trading forex to make and income I also have money being made by spreadbetting US Stocks and Indexes which The guys laid out for me. I also like the fact that you can just keep watching the training videos. I would recommend the Indicator guys to anyone who wants some good training and software.
California, USA,
Jun 4, 2014,

Hi. I purchased Scalpers Bundle Package from indicatorguys.com.
It's rare that I leave a negative review. One of the indicators included in the package repaints. When contacting the vendor, Chris claims it doesn't repaint. I sent him multiple screenshots showing the indicator changing location multiple times after the candles close. He responded by saying " That is the linear of the regression changing and redrawing the trend lines accordingly. It's a live indicator.' I let him know, that none of that matters, that's just semantics. The bottom line, is the indicator continually changes giving lots of false and misleading signals. I requested a refund, but he refused. I had to dispute the transaction with paypal. I let him know I was doing that. His response was " you are going to lose, read up on paypal policy regarding intangible good & services:"

I only have experience with this product from Chris at The Indicator Guys, so I can't comment on their other products. But my experience with them was very poor, even putting the product aside. Reply to e-mails was very poor except when I had questions before I purchased and after I requested a refund. There was supposed to be a manual describing the trading method included with the purchase. Instead, he attached two pdfs describing the separate indicators, but not describing the trading method. Chris also became insulting & condescending when I questioned him regarding the repainting, saying "someone shouldn't be trading unless they understand linear regression which one of the indicators is based on" Which is a silly and ridiculous statement, if not downright ignorant.

Hope the above is helpful to anyone considering this package or any product from The Indicator Guys.
Reply by Chris Leonard submitted Jun 17, 2015:
Hi I am Chris from Indicato Guys, I thought I would just try to explain the case here. The Linear Regression Channel is based on 4 trend lines which draw based on the price. Of course as the price grows or retracts so do the trend lines. Although we tried explaining this multiple times we could not come to an agreement. Sometimes we do offer money back offers but not usually on discounted products and not for the reason given here. Indicators re-painting means an indicator which moves or removes entry and exit signals. It does not mean a live trend line which moves with price. This is the whole point in this particular indicator. We offer as much help and training as you need to make this software make profit for you. Also with this particular indicator its very fast paced and only really used to scalp a few points. Here is a video of it in action, I hope everyone can understand the trend lines on the chart are not repainting they are doing what they are meant to do. https://www.youtube.com/watch?v=yE-_suytlcw Sorry for any issue caused here but this was our policy at the time of purchase. Regards Chris Leonard Indicator Guys