This is another frequently asked question we get, and the answer is, as usual, NO. dowtrader.net is owned and operated by Shiraz Lakhi and we are nothing to do with him or any of his wierd indicators.

The dowstomper indicator was first published on traders101.com all the way back in 2003, and has since been moved to this new site for performance reasons (yes, it really is THAT popular!).

The method used to generate dowstomper signals is fairly easy, and is based on, among other things, the A/D ratio, but we have decided to remove the documentation at the developer's request due to other people trying to exploit it for gain at the expense of new traders, and even funnier, making claims to have created it.

We have no idea how the method used to calculate the dowtrader.net 'inter market strength' indicator, (or 'IMS indicator') works although it does rather look to us to be a variation on the dowstomper system. Interestingly, as with all Shiraz Lakshi's systems, the dowtrader.net system has no independent audited results - just a '86% profitable' list of trades he claims to have made using it. Needless to say, these trades aren't published until after the event, so make of that what you will. Unlike dowtrader.net, we here at dowstomer publish as we go. In fact, if you sign up, you can even get realtime signals, free.

Actually, let's take a closer look at the dowtrader.net's supposed performance record. We take screenshots and keep records of all Shiraz's sites. Here's what we find with dowtrader.net.

This is what dowtrader.net looked like in December 2006:-

As you can see, Shiraz is claiming '19 winners and 7 losers' - a believable record (and identical to the dowstomper at that point). The full page is here:- dowtrader.net performance record as of December 2006

And here's what it looked like in January 2007:- dowtrader.net