Repainting Articles - page 3

[Sergey Golubev]

Just found for overbought/oversold - Schaff Trend Cycle indicator from MT5 CodeBase here :

MetaTrader Trading Platform Screenshots

EURUSD, M15, 2013.07.09

MetaQuotes Software Corp., MetaTrader 5, Demo

shi with schaff

[Sergey Golubev]

As to repainting indicators - we are having SHI only ... we need more repainting indicators ... hi low zigzag for example ... and repainted arrows or dots ... I will try to find.

[Sergey Golubev]

Forum on trading, automated trading systems and testing trading strategies

not repaint indicator

Sergey Golubev, 2017.09.19 19:17

Some people confused repainting indicators with continuing painting indicators.

• repainting indicators: those indicators are repainted on the previous/close bars (re-painted by mistake made by the coders or it was coded especially like that based on scalping theory, patterns or any);
• continuing painting indicators: all the indicators are continuing painting on the open bar (and it is normal case, and it is nothing with repainted).

That is why many traders are trading on close bar (because most indicators in the world are not repainted on close bars).

Means: if someone asked something as- "I want to have non-repainted indicator" so it sounds like the following: "I want to drink water but I want to be sure that it is the liquid." :)
We must be sure of course ... but it is the other story.