Zig Zag Repainting Tracker
- Indicatori
- Sunderalingam A/l Vellasamy
- Versione: 1.0
This indicator highlights the exact points on the chart where the built-in ZigZag indicator repainted its peaks or troughs. Grey-colored arrows are plotted to show where a previously confirmed high or low was later shifted — a behavior known as repainting.
Why it’s important:
Repainting can mislead traders by altering historical signals, giving a false impression of past accuracy. This tool helps traders visually track and understand when and where ZigZag repaints, improving strategy evaluation, signal trust, and backtesting transparency.