PointZeroTrading Review

4.486 • 110 REVIEWS
Updated: Mar 18, 2024
PointZero-Trading.com

Formerly at PointZero-Indicator.com

Details

Established: Unknown
Contact: help@pointzero-trading.com
4.486 • 110 REVIEWS

Recent User Reviews of PointZeroTrading

O
oliver f
paris, France,
Sep 18, 2023,
Registered user

LOPEZ TREND

Service use: Live Length of use: 3-6 Months
I am a veteran and have seen a lot of garbage but I have to say that this is by far a very useful tool ( and I usually never comment or review this kind of stuff).
The overbought /oversold zones works in around 60/65% of the cases ..and cherry on the cake allowing a dynamical R/R at around 1/1.5 regarding the assets.
I have backtested it deeply ...and results are very similar and sincerely good.
R
Rossi roberto
Perugia, Italy,
Jun 16, 2022,
Registered user

GreatGreat products e great Sellers

Service use: Live Length of use: 0-3 Months
Great products e great Sellers.
I already knew some products. I have recently purchased PZ divergences, and have found myself a great indicator. Then I downloaded another free pivot product and managed to create a great trading system.
Z
Zatara
New York, USA,
Apr 3, 2022,
Registered user

Great results with PZ Trading indicator

Service use: Live Length of use: over 1 Year
After increasing my initial investment by five times in less than a year, thanks to one of PZ Trading's indicator (PZ Lopez trend), I can only be grateful to Arturo Lopez. I know that the lot size and currency pair I choose has a lot to do with this result as well, but it was because I followed the PZ Lopez trend's signals on a daily chart, then checking the four hour chart of the same currency pair in trade. Every time that the four hour PZ Lopez trend's signal doesn't match the daily chart's color, I will close the trade and only re-enter a trade if the four hour chart's PZ Lopez trend's color signal matches with the daily chart. The currency pair chosen is also very important, as it doesn't have the same results in every currency pair chart. Thank you Arturo Lopez!
J
jn.dennis
Switzerland, Switzerland,
Apr 25, 2021,
Registered user

Great Supplier, Great Indicator + Excellent Job at providing Support.

Length of use: 0-3 Months
Great Supplier, Great Indicator + Excellent Job at providing Support. Nothing more to say here. Thank you very much
C
Cyril92300
Levallois Perret, France,
Apr 11, 2020,
Registered user

disgraceful indicator & support

Service use: Live Length of use: 0-3 Months
Dear,

Being initially very excited to buy Arthur's Support Resistance indicator.

I quickly realized that he had no respect for these customers and with an oversized ego.

the indicator is designed to automatically draw lines of support and resistance on a defined timeframe (ex see H4 S/R on a lower timeframe)

so I start writing it to explain to him my problem that when you select timeframe and pass over a smaller one the lines are not in the same places or even non-existent.

He starts by telling me that I bought the indicator on a fraudulent site that is not his since his indicator works properly. So I had to by multiple exchanges by email proved my payment on his site until taking screenshots of all the steps to finally be listened to.

After the episode finished concerning the payments I ended up making a video proving that the indicator was not working properly that you can watch by this link https://youtu.be/8N3lijCJYXo so he can either assist me or fix the bug.

the answer I'm getting is "The red lines are always local to the native chart"

but as you can see even the other lines don't appear.

so I can't advise this salesman

Best regards
3 traders have found this review helpful
N
NancyHurte
virginia, USA,
May 19, 2019,
Registered user

My review for "Harmonic Pattern" indicator :
First of all, don't be attracted by the stats that you will see in the screenshots provided by Arthur in this post. Stats won't show you the real results. But it will help you to find suitable settings for a specific pair that you are trying to trade. There is a possibility that after you received a signal from the indicator (after the arrow shape appears on your chart) pattern and signal disappears. Instead of repainting the pattern, the signal completely disappears. As a result, the stats won't be affected nor the amounts of negative (false) signals. Of course, the indicator provides awesome signals most of the times but you should always be aware of this problem.

Thanks to Arthur in recent indicator's update, the modern harmonic patterns are set to "False(Disabled" by default setting. I advise you to use only historical patterns which are set to "True(Enable)" by default settings. Never ever put the number of breakout bars to "1". It will cause repainting and disappearing problem for all patterns. Even if you see good results from stats don't be fooled. The most suitable number for breakout bars is "2". Also about "Deviation"; Don't set it to "Only perfect patterns". It will only help the accuracy of the pattern a bit more and you will miss a lot of trade opportunities during your trading time. The best deviation number is 25%. Trust me. Sometimes (very rarely) you will see a pullback after buy/sell signal so It's better to not open position immediately after you see the signal arrow and prepare yourself for pullbacks situations. The indicator also works well in lower timeframes such as 5min. I tested a few signals and it worked very well. But as you know, if you want the best accuracy try to trade higher timeframes.

Customer service is awesome. Arthur answers to your questions and problems very fast. The only thing that was a sneaky movement and frustrated me was "non-refundable payment while using discount code" law. I didn't even know about this. After Arthur told me about this law I tried to look for it, I went to the payment page and noticed this law is written at the bottom part of the payment page which you won't even notice about it while you see the big "7-day money back guarantee" banner.

Overall, this indicator worths the price that Arthur chose for it. Just be Patient and don't request refund like me after seeing those problems that I mentioned at first. Try to find a suitable trading style for yourself while using this indicator.
1 trader has found this review helpful
K
kogiva
Spain, Spain,
Feb 8, 2019,
Registered user

Good support and code

I bought recently couple of EAs and indicators and it was perfect. I asked for support while I was using the code and the answer was quite fast.
A
Ahmad-adnan
Kuwait, Kuwait,
May 26, 2018,
Registered user

I’m using this indicator for 7 months And its is an excellent indicator and i made alot of money with it and can’t entertain a trade without it its realy helpful indicator .. thanks
1 trader has found this review helpful
H
HarmonicTrading
USA,
May 23, 2018,
Registered user

Scott Carney OFFICIAL Harmonic Pattern Software / PZero a Gimmick

Again, the generation of programmers who copy my books and try to program software that they think is harmonic is ridiculous. Arturo, you can not walk both sides of the line and call it straight. You do not even understand what harmonic patterns are truly about nor do you honor my intellectual property rights - let alone the HUNDREDS OF THOUSANDS OF DOLLARS YOU HAVE MADE with these sub-par programs. Now, you rename the patterns and still want to associate this as a harmonic product. ALL CUSTOMERS SHOULD READ THIS AS A MAN WHO IS SELFISHLY TRY TO HOLD ON TO SELL A GIMMICK THAT EVEN HE FAILS TO SEE HURTS HIS INTEGRITY. My legal complaints are valid and you responded but your desire to sell a "harmonic gimmick" that does not even define the NATURAL CYCLICAL PATTERNS PROPERLY confirms my assertion that you need to take a long look before you dig further troubles for yourself. You are selling trader tools that you do not even use. Go ahead, code what you think people may buy but your lack of REAL TRADING KNOWLEDGE disqualifies as knowing anything about the markets.
And as far as harmonic is concerned, I will not stop protecting my Trademark and Copyrights that you fail to respect. More to come about PZero because I am not finished with you until you are out of the harmonic business.

May 17, 2018 - 1 Star Arturo is plagiarizer who has recently renamed his harmonic pattern product because I was successful in my DMCA Complaint. He tells people he respects my work but tries to get around by renaming the patterns. I own the TMs and Copyright on harmonic patterns and this is NOT PUBLIC DOMAIN. I have shared many free resources to promote the ideas to help traders. THIS GUY IS JUST TRYING TO SELL GIMMICK INDICATORS and his harmonic patterns were not even close to being correct. I want everyone to know that all of the harmonic scanners are flawed and DO NOT REPRESENT MY WORK. I have the only official program that represents these protected rights. This is a continuation of my efforts to expose this BS. I am going to always protect my rights and defend the integrityof my work. So, go ahead try a PZero product but STAY AWAY FROM THEIR HARMONIC RIPOFF PRODUCT. More to come... Scott Carney HarmonicTrader

Reply by pztrading submitted May 22, 2018 Dear Scott Carney,

Thanks for your review. I do appreciate your work and try to be courteous to you at all times in our interactions, but it gets more difficult by the day because of your derranged, rude and unrespectful comments. Since you raised your issue with me to the public domain, I'll post the reply you deserve publicly as well.

It is correct that my indicator does not implement your Harmonic Trading approach to the letter: I took a more deterministic approach to it by waiting for the pattern to exist and later time the trade using a breakout, whereas you would anticipate the D point and place your order at that specific price. This particular approach of mine has been developed listening to my clients -what they actually wanted-, and it is indeed a creative license that deviates from your original concepts. Unlike you, I listen to my clients and adapt to what they want, instead of trying to enforce a methodology to them. This is why they like my indicators and not yours, regardless the names of the patterns the indicator displays.

Just to be clear, you did not send a DMCA complaint to me nor I plagiarized your work at all. You have no grounds for a DMCA complaint. I simply read your book and coded an indicator many years ago, before any of your indicators existed. So, maybe you plagiarized my indicator, who actually knows? Maybe I have grounds for a DMCA complaint.

What you sent was a trademark complaint, which is very different from a DMCA complaint, and very different from a patent, but you seem to confuse these three concepts. In fact, you are trying to enforce your trademarks as if they were patents on the patterns, and they are not by any stretch of the imagination.

What you have are trademarks, which are designed as reserved words to be used by merchants for market recognition, and enforced to avoid corporate identity theft. But nothing else: just changing a letter on these names is enough not to violate your trademarks.

As a consequence to your complaint, I renamed all patterns with a self-explanatory alternative. With any luck, they'll get traction and we traders will be able to discuss pattern technical analysis openly without fear of receiving legal notices from someone trying to build a business out of enforcement instead of value.

I would like everyone reading this to start using other pattern names to avoid issues with Mr. Scott Carney. If you use any his reserved words, he'll set out on a maniacal crusade to scare you into his compelled speech restrictions.

The pattern names I suggest are the following:

Bartley Pattern (aka as Gartley Pattern)

Lobster Pattern (aka as Crab Pattern)

Dragonfly Pattern (aka as Butterfly Pattern)

Barracuda Pattern (aka as Shark Pattern)

Flying Fox Pattern (aka as Bat Pattern)

ABCD Retracement (aka as AB=CD Pattern)

Penta-O Pattern (aka as Five-O Pattern)


Thank you.
3 traders have found this review helpful
H
Reply by pztrading submitted May 26, 2018:
Thank you for having my indicator in such a high regard. The fact that there are hundreds of indicators implementing harmonic patterns but you are chasing me with this much energy, making other users to post reviews as well, is flattering: despite of what you say, you obviously deem my software implementation valuable. I take the compliment gladly.

But you are obviously confused about how attractive harmonic patterns are to the public and how many alternative free implementations are out there. I'd only hope I had made hundreds of thousands of dollars selling the harmonics indicator, but nope. Not even close. There are many many other harmonic indicators out there, not only mine, and piracy plays a huge role too.

I don't know what you are complaining about. Your trademarks are being enforced succesfully, I am not using your registered terms anymore since you sent the first notice. But you CAN'T OWN A SET OF NUMBERS THAT OCURR EVERYWHERE IN NATURE. You have trademarks on some pattern names and copyright of your book, nothing else. I am not using your names nor distributing your book.

Furthermore I know everything about your bullying activity and about several legal suits you have pending, including a million dollar defamation suit in which you tried to blackmail a website.

You don't have grounds to chase me any further, and you know it, that is why you resort to defamation, just like you used to do in the past. You are a legend in the trading space and not because of your patterns.

Forex Peace Army
Review moderation team note
If either side wishes to continue this debate at the FPA, please use the forums thread linked to this review page.
S
sokoro72
USA,
May 23, 2018,
Registered user

THIS GUY IS A TOTAL PLAGIARIZER--@the expense of others! he renames & resells someone else's work. then, when he is confronted he disactivates/renames. total bullshit & causes confusion. this was not the original agreement.
2 traders have found this review helpful
S
Reply by pztrading submitted May 26, 2018:
Please sell Mr. Scott Carney my regards. Thank you.