MTF indicators that don't repaint | Forex Factory

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MTF indicators that don't repaint

  • #1
  • First Post: Jun 5, 2014 1:55pm Jun 5, 2014 1:55pm
Some indicators being taken from a higher time frame have the ability to repaint if it's being shown on a smaller time frame if the market moves enough..

What indicators are nonrepainting that you know for a higher time frame? but yet don't lag too late for entry for the shorter time frame
  • #2
  • Edited 6:05pm Jun 5, 2014 5:31pm | Edited 6:05pm
SURE ... from any tf that you like calibrated X if down tf ( H1 to 30m = cci 21 become cc1 41 ) and dif / if you up tf ( 30m to H1 cci 21 became cci 11 ) . norepaint what so ever the reading precission ... but ... still ... lag .... and repaint as original clasic indicator does ... infect mtf indictor does not repaint untill the last candle or price close , but if the tf indi paint ... the mtf will paint too ... have fun
  • #3
  • Jun 5, 2014 7:30pm Jun 5, 2014 7:30pm
Quoting Steamer
SURE ... from any tf that you like calibrated X if down tf ( H1 to 30m = cci 21 become cc1 41 ) and dif / if you up tf ( 30m to H1 cci 21 became cci 11 ) .
Sorry but I totally disagree. That's a very approximative way to use MTF. Keep in mind that for example a H1 indicator return the exact same value during the 2 M30 candles ... so your example of CCI41 on M30 to show the H1 value is wrong.

Any real MTF indicator repaints until the higher TF candle is closed. And that's normal.
MT4/MT5 EAs/Indicators/Alerts coder
  • #4
  • Jun 5, 2014 9:19pm Jun 5, 2014 9:19pm
I think an ichimoku cloud MTF doesn't repaint..
  • #5
  • Jun 5, 2014 9:56pm Jun 5, 2014 9:56pm
Quoting justin7
I think an ichimoku cloud MTF doesn't repaint..
What is different than any MTF ? All MTF have the exact same "calculation" ... They take the values on the higher TF and repaint until the current higher TF is closed.
MT4/MT5 EAs/Indicators/Alerts coder
  • #6
  • Jun 5, 2014 10:00pm Jun 5, 2014 10:00pm
Ferru , you have to go back to FOREX TSD and get reeducat again ... about mtf ... and read all the coder before you who code M T F indicator ...

Quoting FerruFx
{quote} Sorry but I totally disagree. That's a very approximative way to use MTF. Keep in mind that for example a H1 indicator return the exact same value during the 2 M30 candles ... so your example of CCI41 on M30 to show the H1 value is wrong.

what did I said ?
Any real MTF indicator repaints until the higher TF candle is closed. And that's normal.
  • #7
  • Jun 5, 2014 11:09pm Jun 5, 2014 11:09pm
Quoting Steamer
Ferru , you have to go back to FOREX TSD and get reeducat again ... about mtf ... and read all the coder before you who code M T F indicator ... {quote}
If you say so !!!
MT4/MT5 EAs/Indicators/Alerts coder
  • #8
  • Jun 5, 2014 11:15pm Jun 5, 2014 11:15pm
All indicators on MT4 repaint. Some more than others, but they all do.
  • #9
  • Jun 5, 2014 11:21pm Jun 5, 2014 11:21pm
Quoting 2+2=4ex
All indicators on MT4 repaint. Some more than others, but they all do.
Yes on the current candle but that isn't what I call repainting.

The real repainters are the ones redrawing their signal (line or else) after the candle closed.
MT4/MT5 EAs/Indicators/Alerts coder
  • #10
  • Jun 6, 2014 12:12am Jun 6, 2014 12:12am
Quoting FerruFx
{quote} Yes on the current candle but that isn't what I call repainting. The real repainters are the ones redrawing their signal (line or else) after the candle closed.
yes you are right. If it's on the current then it is not repainting. It's repainting if it redraws the past after the candle has closed.
  • #11
  • Jun 6, 2014 12:18am Jun 6, 2014 12:18am
Quoting justin7
Some indicators being taken from a higher time frame have the ability to repaint if it's being shown on a smaller time frame if the market moves enough.. What indicators are nonrepainting that you know for a higher time frame? but yet don't lag too late for entry for the shorter time frame
Can I suggest you look at this a different way.
Are you aware that an MA10 (say) on a 1H chart is the same as an MA40 on a 15M chart?
What I am saying is that you can migrate your longer term indicators onto shorter time frames by simple multiplication.
This provides you with more timely information, while keeping an eye on what is happening in the longer time frames.
Try it for yourself.
Cheers, H
  • #12
  • Jun 6, 2014 12:21am Jun 6, 2014 12:21am
Quoting justin7
{quote} yes you are right. If it's on the current then it is not repainting. It's repainting if it redraws the past after the candle has closed.
That was my point.
MT4/MT5 EAs/Indicators/Alerts coder
  • #13
  • Jun 7, 2014 5:55am Jun 7, 2014 5:55am
Quoting justin7
I think an ichimoku cloud MTF doesn't repaint..
I really like the idea of the Ichi Cloud, but i can't find any. Can you post one if you have?
EVERY PIP COUNTS!
  • #14
  • Jun 7, 2014 6:26am Jun 7, 2014 6:26am
the best ones are that can travel in time...!

Quoting justin7
Some indicators being taken from a higher time frame have the ability to repaint if it's being shown on a smaller time frame if the market moves enough.. What indicators are nonrepainting that you know for a higher time frame? but yet don't lag too late for entry for the shorter time frame
My Best Trade is Next Trade!
  • #15
  • Jun 7, 2014 8:21am Jun 7, 2014 8:21am
Quoting shilox
{quote} I really like the idea of the Ichi Cloud, but i can't find any. Can you post one if you have?
yes here's one that shows the ichimoku cloud position on any time frame
Attached File(s)
File Type: ex4 1thv Ichimoku Cloud histo BarV3.1.3forSim1.ex4   9 KB | 1,718 downloads
  • #16
  • Jun 7, 2014 8:30am Jun 7, 2014 8:30am
Quoting FerruFx
{quote} If you say so !!!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #17
  • Jun 7, 2014 5:55pm Jun 7, 2014 5:55pm
Quoting justin7
{quote} yes here's one that shows the ichimoku cloud position on any time frame {file}
Thanks a bunch!
I will give it a shot.
EVERY PIP COUNTS!
  • #18
  • Edited 7:06pm Jun 7, 2014 6:52pm | Edited 7:06pm
Quoting justin7
Some indicators being taken from a higher time frame have the ability to repaint if it's being shown on a smaller time frame if the market moves enough.. What indicators are nonrepainting that you know for a higher time frame? but yet don't lag too late for entry for the shorter time frame
there are a few that work ok, but as they're MTF they all lag to some degree,
they just have to be used differently
and to prevent fakeouts they all need to be slowed down
so one is (usually) always entering on the next entry after the higher TF confirmation
or sometimes can just enter on the MTF TF itself, if price is not already at a major S/R area

none are perfect though and always a compromise between late entry's on the slower settings
and or lost trades because of fakeouts on the slightly faster settings

alot of experimentation is the only way to find out which are best, as whats right for one may not fit with what others find works best for them
or stick them on a custom tester as in one of the other threads
  • #19
  • Jun 7, 2014 7:06pm Jun 7, 2014 7:06pm
Quoting Carlsberg
... they just have to be used differently
Exactly.
MT4/MT5 EAs/Indicators/Alerts coder
  • #20
  • Jun 7, 2014 8:36pm Jun 7, 2014 8:36pm
Quoting Carlsberg
{quote} there are a few that work ok, but as they're MTF they all lag to some degree, they just have to be used differently and to prevent fakeouts they all need to be slowed down so one is (usually) always entering on the next entry after the higher TF confirmation or sometimes can just enter on the MTF TF itself, if price is not already at a major S/R area none are perfect though and always a compromise between late entry's on the slower settings and or lost trades because of fakeouts on the slightly faster settings alot of experimentation is...
Maybe some kind of s/r indicator (amount of x pips close to a strong s/r line, or price breaking a strong s/r) can be used..
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