Nifty specialist or TDF SOFTWARE -truth is its fake

HI friends
read the customer views here.
NIFTY SPECIALIST says -our software 99% accurate etc actually it doesnt cross 50%-too many wrong signals-buying rubbish at 10000 rupees.

http://tradersjudgement.com/stock-adviser/434/Reviews/verify.html

The software uses a code that you can compose yourself easily.
in mt4 just try this
bollinger bands 20 width 1 shift 3
add atrstops 10-10-1
in chart below
add awesome oscillator

buy once price cross above upper band and stay in trade as long as price doesnt fall below centreline.
sell once price cross below lower band and stay in trade as long as price reains below centreline.
for buy make sure awesome osc moves above zero line and remains above zero line.
do testing
fine tune rules

that is it.

If anybody says 100% or 99% accurate, let them trade all of the signals for 50 trades and put up the contract notes of all 50 consecutive trades on their web site. Let the trades be just 1 lot...need not be heavy lot trades. But, the requirement is they should trade all 50 consecutive signals and corresponding contract notes need to be put up on site.

If anybody does it.............I am willing to pay Rs.2,00,000 for such software.

I am watchful for such sites........please bring it to my notice if I miss anything by chance.

SEBI clearly cautioned innocent traders/investors to subscribe to their services only but If only when........
the vendor executes a written agreement duly stamped and registered for advertised guaranteed returns. The agreement should not contain a clause such that trading is uncertain and the trades executed based on our software or tips may go into loss for which we are in no way responsible.
the vendor has a registered office and a contact telephone number. (Donot believe ISO certified companies claims etc)
the vendor provides the past trade records such as contract notes, trading account balance before and after the trades based on his software or tips.

If the vendor is not willing to provide any of these, then it is fake as per SEBI clarification. Donot spend even a single rupee on such companies/softwares/tips.

Where did you get the information that it using bollinger bands 20 width 1 shift 3 ?

It just a bollinger bands 20 standard deviation 1.0, no shift at all
See properly from the TDF manual

From the MT4, the TDF index seen like a CCI with period some where 14..21.
and awesome osc.

In some chart - using Heikin-Ashi price chart

Supertrend indicator

KelvinHand

Sorry. a friend told me about its settings.
THanks for the hint.
regards

Aww come on, would you have even bothered to look at his software if he had said 70% accurate or 80% accurate or had name like "ALL STOCK General purpose average profit making system"

One very popular s/w that is sold in Indian market actually repaints signals (sometimes even 20 bars prior) but the damn thing is selling like a hot-cake. (Incidentally, who in his right mind would eat a hot cake?)

Another commercial retailed indicator is just a window dressing on your garden variety oscillator but yes, the new version looks damn cool. Under the hood, it is just plain old oscillator with standard settings.

As for MT4 indicator, I've lost track of many free fabulous systems I've been emailed. I get at least two new emails on daily basis and I've stopped even opening those emails anymore.

mastermind
thank you.
actually john bollinger himself said
you should not use bollinger bands to generate buy sell signals.
you need to take help of other indicators.
bb help only see when volatility is high or low or when prices are high or low-more relevant to options.

i have seen softwares use simple ema5 or ema8 and combination of ema5 and ma20 or combination of ema8 and ma20 to gauge price action.
mark deaton has some videos on bb.
https://www.youtube.com/watch?v=S8br7mqjYts

TDF Software less than 70% accurate, nobody give 99%.
There St. signal getting 50DMA anybody can do it in our own no need pay rs 10000. personally don't go TDF Software find another