No they dont lag, or repaint, only problem is on 4HR to get the position open AS SOON as they arrow pops up.Hard to watch it all the time to get best entry.Needs an EA to open and close positions purely from the indicator arrow not using any market data.
What ive noticed though is, sometimes the arrow dissapears after indicating a signal.
Very rarely it does this on 4HR however I think when it does you can consider the signal fake due to the market being flat and no volume.
Here is the other part of the system apperantlly its used to determine the strength of the signal trend.
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This is zip file with Trendenvelopes and perkypronrtr EA.
The crossover indicator TrendEnvelopes is unreal on 4hr charts it gives good profits.
However this EA needs to be sorted out as it doesnt work off 4hr charts and opens and closes positions before the new signal.
Anyway here it is for anyone who wants to play with it.
The indicator itself has been used live manual trading since february with large pips profits.EA I dont know still testing if someone could fix maybe would be profitable.