What are the worst repainting indicators? | Forex Factory

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What are the worst repainting indicators?

  • #1
  • First Post: Aug 18, 2013 1:08pm Aug 18, 2013 1:08pm
I'm doing an experiment... and I need people to -> Name the worst repainting indicators, preferably ones which try to pick tops and bottoms.

Also, if you could post a link or the file that would be cool.

Cheers and Thanks very much!

~fighter
  • #2
  • Aug 18, 2013 2:54pm Aug 18, 2013 2:54pm
Quoting fighterdude
I'm doing an experiment... and I need people to -> Name the worst repainting indicators, preferably ones which try to pick tops and bottoms. Also, if you could post a link or the file that would be cool. Cheers and Thanks very much! ~fighter

Can you define what you mean by repainting ? I have seen it defined differently . . .
20 pips a day isn't too much to ask . . .
  • #3
  • Aug 18, 2013 2:58pm Aug 18, 2013 2:58pm
Quoting RaptorUK
{quote} Can you define what you mean by repainting ? I have seen it defined differently . . .
Repainting in my book is where, for example, an indicator signals a buy and then a few bars later the indicator adjusts/repaints the already closed bar data and the buy signal which was there, disappears.

Hope that was clear enough.

Cheers!

~fighter
  • #4
  • Aug 18, 2013 3:44pm Aug 18, 2013 3:44pm
1. Anything that's derived from Zigzag (e.g. ZZ semafor). Completely worthless IMO.

2. i-Regr (aka "COG" or "Center of Gravity"). All regression studies necessarily repaint.
  • #5
  • Aug 18, 2013 3:54pm Aug 18, 2013 3:54pm
Quoting hanover
1. Anything that's derived from Zigzag (e.g. ZZ semafor). Completely worthless IMO. 2. i-Regr (aka "COG" or "Center of Gravity"). All regression studies necessarily repaint.
Cool. Thanks mate, I will check 'em out.

Anyone else?

Cheers,

~fighter
  • #6
  • Last Post: Aug 19, 2013 4:47am Aug 19, 2013 4:47am
Hi Fighterdude,

Please have a look at this one : CycleIdentifier.
I think he is even worst than ZZ semafor.

Cheers.
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File Type: mq4 CycleIdentifier.mq4   14 KB | 460 downloads
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