In the Short Trade here, you can see that The Trend Cycle indicator will also alert you to exit.
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DislikedThanks for sharing Derek. What i do see when i backtest it, is that it is all repainting (only the yellow/white dot indicator is not repainting). That is a huge difference between this system and WickedDaddy's original system. If it works for you: nice But i know repainting indicators play a different role than non-repainting indicators, so that people know that it is not suited for everyone.Ignored
Disliked{quote} Forward test it on demo and see how it works. I develop indicators/EAs on MT4/5 and the standard question everyone asks about any indicator is "does it repaint" like it's a smart question to ask. Many indicators need to repaint because data changes over time. It's not wrong for an indicator to repaint depending on what it is actually doing. Also, many people confuse repainting with dynamic data resizing in an indicator window. The windows are only so high/wide so, if the data coming in exceeds the current high/low values, the indicator windows...Ignored
DislikedThanks for sharing Derek. What i do see when i backtest it, is that it is all repainting (only the yellow/white dot indicator is not repainting). That is a huge difference between this system and WickedDaddy's original system. If it works for you: nice But i know repainting indicators play a different role than non-repainting indicators, so that people know that it is not suited for everyone.Ignored
Disliked{quote} Forward test it on demo and see how it works. I develop indicators/EAs on MT4/5 and the standard question everyone asks about any indicator is "does it repaint" like it's a smart question to ask. Many indicators need to repaint because data changes over time. It's not wrong for an indicator to repaint depending on what it is actually doing. Also, many people confuse repainting with dynamic data resizing in an indicator window. The windows are only so high/wide so, if the data coming in exceeds the current high/low values, the indicator windows...Ignored
DislikedLets apply the perfectly famous zig zag to the chart. It's by no mistake that traders use this re-paint indi to find TRENDS. Not entry points. A picture is worth a thousand words: {image}Ignored
Disliked{quote} Hello derekw, How can you rely on your trend cycle indicator ? It's position differs by zooming in and out ! {image}{image}Ignored
DislikedHi WD - Looking forward to trying your method out, am I right in thinking you'd take up the position attached as a buy? Cheers. {image}Ignored
Disliked{quote} Hello derekw, How can you rely on your trend cycle indicator ? It's position differs by zooming in and out ! {image}{image}Ignored
Disliked{quote} Well, that's the thing lol: you can't rely on any indicator from that system, because it will repaint every second, is not backtestable (only forward-testable), and the indicator differs while zooming in/out. So i would say: watch out and be carefulIgnored