I recently had a client come to me who was paying $200 every single month for access to an invite-only "premium" indicator on TradingView. That is $2,400 a year just to see some colored arrows and bands on a chart.
He asked if there was a way to replicate it. I told him: "I can code this for you from scratch in about 5 hours. You pay a one-time fee, you own the source code forever, and you never have to pay a monthly subscription again."
All I needed from him was two things:
- A few screenshots of the indicator in action on the chart.
- An explanation of the basic logic (what he noticed triggers the buy/sell signals).
Once he gave me the screenshots and the rough logic, I got to work. I built the exact same tool for him in less than 3 hours.
It wasn't a proprietary Wall Street algorithm. Like 99% of "premium" indicators out there, it was just a clever combination of basic, freely available math. In this case, it was a mix of moving average crossovers, some standard deviation bands, and an RSI filter—just wrapped in a pretty UI with custom colors and flashy "BUY" and "SELL" labels.
TL;DR: I replicated a client's $200/month premium indicator in under 3 hours using just a screenshot and basic logic. Stop paying subscriptions for repackaged basic math. Learn to code it yourself, or pay a developer a one-time fee so you own your tools forever. Protect your trading capital!