Your questions answered
Explore our FAQs and knowledge base to learn more about our algorithms.
Frequently asked questions
For more details and answers to even more questions, check out the knowledge base
Can I follow the signals blindly?
Imagine one time that “following something blindly” ended up well. If you are looking for an easy money-making machine, if you have no experience in trading at all and you’re hoping to find the secret to wealth with a magical tool online, well my friend we are not the answer to your prayers.
Just ask yourself, if someone had such a thing, why would they sell it to you for such an accessible price? If you don’t even understand why this following signals blindly is bad when compared to real trading or how to properly filter through the signals then you should really not be trading at all. You should research and study more first; your pocket will thank us later.
Let us make something very clear: we’re not an alert service, we’re in the indicator business. We create tools for traders from traders. But, if you are a trader looking for a trading system to speed up your analysis, boost your confidence, predict reversals, price changes, solid entry points and much more, then this is for you. Spectro™ is meant to cover the basics and dramatically boost the profitability of your existing strategies. If you don’t even have an existing strategy, Spectro™ is definitely a good place to start. It’s very simple to create strategies with the trading system our indicator provides.
Is it true that Spectro™ has a 81% precision?
We ran Spectro™ Oscillator as a point of entry and exit on 12 very different and popular investor’s picks in the daily timeframe: Gold (US$/OZ), Silver (US$/OZ), USD/EUR (FOREX), USD/JPY (FOREX), Tesla (STOCK), Apple (STOCK), SP500 (INDEX), NASDAQ (INDEX), Oil (FUTURES), Live Cattle (FUTURES), BTC/USD (CRYPTOCURRENCY), XRP/BTC (CRYPOCURRENCY). We backtested it all the way to 2005, Tradingview’s oldest market data (cryptocurrency only had data up until 2011). We considered daily candles and a 0.25% commission. After that, we calculated the average of those 12 reports and that number was 81% precision, which means that it was profitable 8 out of 10 times
Does it have the same precision for everything?
No, this is simply impossible to achieve. We suggest applying the Spectro™ indicator and take a look at the graph and see if it’s “good weather” to trade, if the trades are not clear we suggest moving to other assets.
Is it profitable on every time frame and or asset?
We made a deal with God, he doesn’t trade and we don’t do miracles. So the answer is NO, there will be assets and timeframes that Spectro™ won’t perform well (20% of times according to the backtesting & Paretto’s Law, of course). Also, we have to consider outside factors such as human error & speed, exchange delays and of course commissions.
Let’s say Spectro™ has a great precision on the 1-minute graph but you’re not taking into consideration commission fees. So, let’s say you made 0.3% profit on a trade but you have 0.5% in total fees – you would be losing money in this situation. So Spectro™ doesn’t work miracles and requires very basic trading knowledge.
Is Spectro™ the only thing I need to be profitable?
We strongly discourage this: if you have little or no knowledge on trading, such as how to buy & sell, understanding entry & exit points, commission & fees, basic graphic comprehension, you should not buy Spectro™. Otherwise you would be buying a tool that is written in an alien language; you wouldn’t understand anything and any positive outcome would be luck.
Are you liable if I lose money trading?
Not at all. Spectro™ is an advanced indicator that only returns you a mathematical possibility of direction. The decision is fully yours and yours only. Spectro™ is an indicator, like RSI, STOCH, Bollinger Bands, DMI, EMAs and so on – people make and lose millions every day using them and they don’t go and sue Mr. Bollinger because they lost money.
Remember you are fully liable for your money and your financial decisions. Spectro™ doesn’t point a gun to your head and tell you what to do with your money.
I’m working on a version that does that though, I’m not sure if we’re calling it Skynet or Govern V2. For all the legal mumbo jumbo just read the disclaimer in the footer or my lawyer will Skynet me.
How do I use the Indicator?
How do I know these numbers are real?
The retail version is the “STUDY” mode; it’s only an indicator. The mode that runs the backtesting is the “STRATEGY” mode. The reason we chose to use the study is simple: Tradingview has a STRATEGY trade limit, so it only allows 2000 trades – if there are more it simply doesn’t work.
The problem? On smaller timeframes (30 minutes or less) Spectro™ would not work because it would trade too much in a short amount of time, so we came up with a work around: we graphically plot “buy and sell” on your screen but we don’t really tell the platform to compute a trade, so it works for you but you can’t see the math backtesting.
Worry not child: if you still doubtful we can check those numbers together over a videocall sharing screens. I only ask of you one thing: once we have those numbers checked out, I will record and publish that call for other people who may also have the same doubts.
Do you offer support if I need help setting it up?
The setup is super, super easy. You will receive an email with a step-by-step guide both text and video. If you still need support after all of that, feel free to get in touch with us. Trading tips, financial advice, one-on-one education are not covered by our support. Advanced Spectro™ tips will be sent periodically over email to members.
Are there any kind of training or tips on how to best use it?
I don't know anything about trading. Can I use this?
We don’t recommend this. All our indicators perform best when used with at least a basic idea of trading fundamentals. If you have never traded before, we recommend familiarizing yourself with the basics first before using our indicators.
Do you have a money back guarantee?
Yes, you have 30 days to request your moneyback guarantee. You’ll receive a full refund after you show proof that you actually traded with Spectro™.
Unfortunately activating the licenses is a manual process and also we can only have limited amount of members so every time someone cancels we have to get in touch with the waiting list and this is not an automated process. Also, it’s quite common that “trading tourists” used it, made money, cashed out and then asked for a refund, which is why we aren’t so lenient regarding refunds.
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