Non repainting indicator

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05rahul
32
05rahul  

hey guyz this indicator tested by me in tf m1 and h1 it not repaints....... enjoy braintrend2sig.ex4

Files:
M. TAUFIK H.
4
M. TAUFIK H.  

Thank's, I will be testing... !!!

Azizjon Muydinov
152
Azizjon Muydinov  
05rahul:
hey guyz this indicator tested by me in tf m1 and h1 it not repaints....... enjoy braintrend2sig.ex4

Yes it is nonrepaint, but results is not good with this indi

khanatd
9
khanatd  
05rahul why results not good with it ? does it give many false signals in a row or is it repainting? i want mt5 version of braintrend2sigalert
Fazliddin Yuldoshev
1902
Fazliddin Yuldoshev  
05rahul:

hey guyz this indicator tested by me in tf m1 and h1 it not repaints....... enjoy braintrend2sig.ex4

This indicator is not repainted?
repaints because he has a lot of false signal.

Sergey Golubev
Moderator
112358
Sergey Golubev  
Fazliddin Yuldoshev:

This indicator is not repainted?
repaints because he has a lot of false signal.


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Repainting Articles

Sergey Golubev, 2013.07.09 12:26

I did not find education trading articles about repainting and non-repainting. I think - you should look at the forum posts.

For example - there are the following indicators by categories :

- non-repainting. Most of the indicators are inside this category (most of the indicators are non-repainting). It means: if you see the signal so wait for the bar with the signal to be closed and new bar is opened. Traders are using non-repainting indicators to trade on close bar (classical way of trading for most of the traders). Some people confused 'non-repainting' with 'continuing painting'. For example, open bar is continuing paiting by itself together with value of any indicator. Close bar is not repainting by value together with non-repainting indicator.

- repainting indicators. There are many of them which were created especially for some different cases. Zigzag for example. Some of those indicators are used as the filters to filter false 'non-repainting signals' from the other indicators.

- re-calculating indicators. The values of those indicators are recalculated for n number of the bars. Indicators can be used a the filters or for technical analysis (not for direct trading).

- repainting by mistake made by coders. There are many examples of the indicators coded by coders in repainting way as the mistake (such as super signals etc).

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Sometimes - the people confused repainting with contrinuing painting, and trading on open bar with trading on close bar. We are having a lot of threads/articles  about programming but just few threads about how to trade in practical way with a lot of indicators in CodeBase for example :)

Forum on trading, automated trading systems and testing trading strategies

Repainting Articles

Sergey Golubev, 2013.07.09 12:29

Just an example with PriceChannel Parabolic system (indicators, templates and howto instal and howto trade - are on this post by links):




So, this is classical way of trading - trading on close bar.


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