REPAINT THIS!

[TheRumpledOne]

By adding 2 more TRO_DYNAMIC_FIBS_SR indicators with periods of 377 and 987, we can "predict" likely reversal areas.

Template attached.

[prochargedmopar]

TRO, I don't think most people comprehend how much power is in the setup. Including me.
Looking at this on a chart is crazy good.
When You've got H1 trend it is ridiculous.
My version: People.
Look at the GREEN dashboard below.

[pierre23]

I like your set up, could you please post your template

[punta]

Yes PLEASE PLEASE post the TP as even a dope like me can understand it

[prochargedmopar]

Ok,
Keep in mind I'm using 1600x1200 resolution on a 22" monitor so some of the indicators will be off the screen to the right.
On my laptop (15.4") the x-axis is about 1075ish to bring them back in line.
procharged

[prochargedmopar]

Hey, you guys will have to play with the level 4 and 5 settings....
I like to see some #4 blues to get a feel for things and then get the #5 red only when things are going the other way.

144 and 350 seems pretty good.
have to as TRO.
900ish seems kinda far out there which is the basic template setting.

Procharged.

[prochargedmopar]

Hey, you guys will have to play with the level 4 and 5 settings....
I like to see some #4 blues to get a feel for things and then get the #5 red only when things are going the other way.

144 and 350 seems pretty good. 500ish also works well on some currency's for the 5th level.
You'll have to ask TRO.
900ish seems kinda far out there which is the basic template setting.

Procharged.

[noone22]

What is "repaint" problem with mq4 indicators?
Is it bad or good?
Why some indicators are repainting, some - are not?

[rowdy]

What is "repaint" problem with mq4 indicators?
Is it bad or good?
Why some indicators are repainting, some - are not?

Repaint mean that the indicator goes back a few bars and changes its history based on the most recent price action. For example, the current bar may show one result for the indicator. You look at that same bar after about 20 minutes have passed and it shows a different result. Its like "hindsight". This may or may not be a problem depending on how you use the indicator. An indicator will repaint only if the original programmer coded it that way. In general, most people dont like them because it is like predicting an event will occur after it has already happened. If you look at an indicator that repaints going back a few hours, it looks like it predicts highs and lows with amazing accuracy.

[TheRumpledOne]

It's the way most people code in MT4 that causes indicators to repaint.

They run the loops backwards from 0 to limit, instead of forward from limit to 0. Remember, the current bar is bar 0.

They probably code their indicators that way because that's what most examples show.

It's like the old ham story. One day a girl asked her mother why she cuts the ends off the ham before putting it in the oven. The mother says, "that's what her mother used to do". So the next time the girl saw her grandmother she ask her why she cuts the ends off the ham. The grandmother replied, "it's because it's the only way to fit it in my oven".