I spent the last few hours yesterday having two US30 M1 charts side-by-side. I noticed that for the first few hours of post-close market activity, a buy signal didn't generate a profit if you exit at the red dot as I observed 100% of the time in past price action.
I initially thought it was just a fluke, and I'd have to settle for a 99% win rate instead of 100%.
Here is what's happening:
If you leave the indicator to run as it is without removal or modification of settings, the signals stay where they are and they don't repaint:
BUT when I opened up a new yet identical chart and then added the indicator with identical settings, you get completely different signals (alternatively you remove and re-add the indicator on your existing chart):
You'll also notice in the first picture that some lines aren't drawn. That's because those dots appeared afterward.
Side note: The big 100-point spike up last night was likely due to this announcement around 7:10pm EST -> https://www.forexfactory.com/news/13527 ... japan-will
I've very rarely seen this form of "repainting" but it's by no means impossible given what we've seen with MT4 indicators in the past.
Weirdly enough, this is what I see for the 5-point-per-box Renko chart on US30 when I allow the indicator to run uninterrupted:
And then when I remove and re-add the indicator like I did on the M1 candlestick chart:
In the best possible scenario, maybe this indicator works best on Renko charts only. It still appears to give solid entries in this specific context.
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Re: Something interesting from Chatgpt/AI please post here
TransparentTrader, Wed Jul 23, 2025 10:51 pm