Super Prediction System can be found on the MQL5 marketplace under the indicators section, there may be other indicators with similar names so we have provided a link below to the one we are looking at. The indicator was first uploaded on the 25th of August 2016 by its creator Ondrej Frlicka, it has has a number of updates, the most recent update was on the 17th of December 2018 and this update brought the indicator up to version 2.90.
Overview
The Super Predictor System is an indicator designed for the MetaTrader 4 trading platform. The indicator was developed as an indicator with the aim to show trading signals ahead of time. The indicator will not repaint and will not change a signal once it has been made.
The indicator will draw an arrow at the opening of a candle, it will draw it in the direction that the indicator believes the markets will move. If you hold trades and the indicator does not paint a new arrow, then it could be a signal to come out of the trade. If the arrow is against the way you are trading, then it is advised to close the trade.
There isn’t actually much information about how the indicator comes up with its signals, just that it does.
Service Cost
The indicator can be purchased for $99 which will give you limitation free usage of the indicator. You are also able to rent the indicator, this will cost you $59 per month to do. A free demo version is also available, this will have some limitations to it but we do not know what they are as they are no stated on the site, it may still be worth downloading to try out even with the limitations.
Conclusion
There are 23 user reviews at the time of writing, these are giving the indicator an overall rating of 4.5 out of 5.
“It is a moving average indicator. Put any moving average length on power x and that moving average indicator on top and you will see it’s just a moving average. it’s not tracking world banks. The things people say on mql4 market to sell indicators are ridiculous. I’ll give it one star for the lie. Shouldn’t be allowed to lie to sell and mislead people” – A 2-star review.
“Excellent indicator. It is absolutely great that the indication of signal is along with the opening of a new candle. The indicator thus displays a real reality! Not as the remaining 99% here on the market!”
“This indicator is very good and useful, I rent the application and then I had to buy it. Rcomendado.“ – A 5-star review.
The majority of reviews are very positive, there are also plenty of comments within the comment section, the developer seems to be replying to the majority of them which shows that he is continuously supporting the indicator and those that have purchased it. We would still recommend trying out the free version, just to make sure that it does in fact do what you need it to and hat you are able to get it set up and working before making a purchase or rental.
This Forex service is currently available in the MQL5 marketplace: https://www.mql5.com/en/market/product/17988
