Disliked{quote} Congrats Xuenn ! Aa a "practical approach" of the CI indicator : how do you handle the CI repainting ? I am always in the "learning phase". I hesitate into the two methods... CI is really easier but this is the repainting stuff that makes it not easy. Thank you.Ignored
Since I am new to this please take what I say with a huge spoon of salt.
I have lots of repainting going on in my CI as well.
I do not mind some repaintings actually if you trade in the trend. Most of the time, the price continues off in the main trend. (Check #1)
I used some of the methods in the old similarity thread (you can find them in Neio's Similarity CI pdf as well):
1.) Trading in the direction of the trend only. You can find similar ideas in the old thread.
2.) I use bollinger bands.
3.) My target is quite small (~10 pips). This may be more of a turn off.
4.) I have a stop loss set. If the stop loss is too far away, I will not take the trade (too risky for me).
I tried switching to a smaller time frame (5min) from my previous 30 min/1hr time frame to have a better picture about the repainting issue.
Perhaps you can observe the repainting using a demo account?
Anyway this is my understanding of the method.
Please correct me if there is any mistake.