The program that draws the signal arrows is the same we used before and it is not a repainting one (100% sure). Only a different indicator is used to make the signal decision (instead of OT3MA indicator, the FX_FISH Indiactor is used). The Indicator programs may calculate the past values differently than at first it was calculated and that will affect only past signals.
Just now an arrow formed in EURUSD-1M at 14:38 GMT. It did not look promising, but if I followed, it could have made upto 10-spread in 5 minutes (I am not saying all the signals will be that promising!). There was no repainting whatsoever. This is to confirm further about some saying it was repainting in 1M chart.
I am very impressed with this FISH. So far it looks to be a great catch during Pip2's week of vacation.
Here is a comparison chart that has both OT3MA (old) and FISH (new) based signals. The old signals are smaller, closer to price candles and in Yellow and BlueViolet. The new signals are bigger, farther from candles and in Magenta and Green. There were 16 up and 16 down signals in old system. The new system has only 8 up and 8 down signals. Sometimes the new signals come 1 bar later, but the removal of such huge number of signals is extremely great.
Let us all check it our more and develop this.
-chandra
PS: The chart is GBPJPY-15M (and has Pivot Levels and MAs)
Just now an arrow formed in EURUSD-1M at 14:38 GMT. It did not look promising, but if I followed, it could have made upto 10-spread in 5 minutes (I am not saying all the signals will be that promising!). There was no repainting whatsoever. This is to confirm further about some saying it was repainting in 1M chart.
I am very impressed with this FISH. So far it looks to be a great catch during Pip2's week of vacation.
Here is a comparison chart that has both OT3MA (old) and FISH (new) based signals. The old signals are smaller, closer to price candles and in Yellow and BlueViolet. The new signals are bigger, farther from candles and in Magenta and Green. There were 16 up and 16 down signals in old system. The new system has only 8 up and 8 down signals. Sometimes the new signals come 1 bar later, but the removal of such huge number of signals is extremely great.
Let us all check it our more and develop this.
-chandra
PS: The chart is GBPJPY-15M (and has Pivot Levels and MAs)