That Paid Indicator is Super Trend (free)
The super trend indicator is a popular technical analysis tool that is used by many traders to identify trend direction and potential entry and exit points in the market. It is based on the use of moving averages and can be applied to various financial instruments, including stocks, forex, and futures.
However, there have been instances of individuals repackaging the super trend indicator and selling it as their own proprietary tool or system. This can be misleading for traders who may believe that they are purchasing a unique or specialized product, when in reality they are just buying a repackaged version of a widely available indicator.
There are several reasons why repackaging and selling the super trend indicator as a unique product can be considered a scam:
- Lack of originality: By repackaging and selling the super trend indicator as a unique product, individuals are essentially passing off someone else’s work as their own. This can be unethical and can mislead potential buyers into believing that they are getting something new and innovative when in reality they are just getting a widely available indicator.
- Misleading claims: Some individuals who repackage and sell the super trend indicator may make exaggerated or unrealistic claims about its capabilities or the profits that can be achieved using it. This can be misleading and can lead traders to have unrealistic expectations about the indicator’s performance.
- Lack of value: Repackaging and selling the super trend indicator as a unique product adds little value for traders. The indicator is already widely available and can be easily accessed for free or at a much lower cost than what is being charged by these individuals.
In summary, repackaging and selling the super trend indicator as a unique product can be considered a scam due to its lack of originality, misleading claims, and lack of value. It is important for traders to be cautious when considering purchasing any trading tools or systems and to carefully evaluate the source and content before making a decision.
