Disliked{quote} Dear Saeed, Belie's (HalfTrend_TT_tx5v4k.mq4) indicator is not repaint I think. It has got "fake" signal, but I think we should call that kind of signal = WRONG signal Becouse the indicator is working well, it shows the signal on the currect place, but every GOOD (not repaint) indicator has got WRONG signals. (Becouse trend's changing very fást. It shows the change, but after a while, shows again and again. ) Belie spoken about that. {quote}...Ignored
It's a trend indicator with a little bit of volatility sensing built into it through the ATR component. If you apply a 2-period MA to the high price and a 2-period MA to the low price you will get an MA channel and you will see that in an uptrend the Halftrend sticks pretty closely to the lower MA, whist in a downtrend it is close to the upper MA.
Mathematically, there is nothing 'fake' in the indicator. Whether it's useful or not, or adds any real value over and above an MA channel, is a different matter.
Always read Post #1
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