In my opinion the repainting issue is generally overrated. The repainting only affects the outcome of a system during that kind of manual backtest when one scrolls the chart backwards and simply checks the signals. It is never as accurate as the forward testing, or even using a forward test imitating tool like Trade Simulator, so I personally do not use and do not recommend it. If a system gives 30% bad and 70% good signals, then it does not matter if the 30% bad signals will vanish from the screen after the action or not.
Furthermore, the signals of Sniper Forex must be taken as soon as they appear, before candle close, so it is obvious that the Sniper signals may vanish from the screen. Maybe it repaints after candle close too, what does it matter?
(BTW I have been using FPM successfully for 2.5 months and never saw it repainting after candle close.)
Firstly - I don't know what FPM is
Secondly, no matter what you have read - do not expect 70% good signals from Sniper, expect 35 to 45%
Arrows appear and disappear on a regular basis, you should refresh your screen at the candle close if you want these arrows to disappear.
The long position that was given in the early hours of 15th October, by the time that 6AM GMT had come was more than 50 pips from the entry point, but unless you were monitoring Sniper at the time, you would not know this because you don't know exactly when the signal was given. According to the rules this was not a valid trade , but you can be sure that it will be included in the results on the sniper website.
We then had a full blown short signal at 10AM Alpari time , 9 AM UK time. This trade resulted in a loss, but has disappeared forever.
We've had another short signal but it too a while for the histos to line up and now that has been stopped by a blue arrow in the last few minutes, but not a full blown buy signal.
Looking back at the sniper charts will only give you an indication, they will not tell you the whole story.
The results on the Sniper website are possibly manipulated to ignore the signals that disappear.
You can ONLY believe what you read on this forum from posters like Greenfield who has traded with this system for a long time. Greenfield has traded this system in real time and with real money.
I've not even been with this system for 2 months, so I'm not really qualified. But I do believe that you will profit by using Sniper, but you have to get in every trade and you have to follow the rules.
The claim on the Sniper website that there are more winning trades than losers? Nah, I don't believe. Winning trades compensate and more for the losers? - Yes, I believe that.
