[Here’s a new indicator concept: If we can ensure that every trade—from the moment a buy signal appears to when a sell signal shows up—results in a profit, then this indicator is a success.]

I currently own an indicator that I purchased at a significant cost. However, I only have the compiled version, not the source code. Additionally, this indicator is bundled with an EXE file for installation and is imported from an external source. As a result, if I simply copy the indicator to MT5 alone, it won’t display any graphics when running. It only works properly and shows up correctly when launched together with the bundled software. I’ve made sure to clarify this background for everyone.

As for its functions, they’re pretty self-explanatory just by looking at the chart (as shown in the image). What I want to emphasize most is that the arrows in this indicator never repaint—I have no idea how they managed to achieve this, but the fact is, there’s absolutely no repainting, no redrawing, and no retroactively adding arrows. If needed, I’m willing to share the compiled version (since that’s the only version I have myself). The arrows stay right where they are permanently.

I’ve been a long-time lurker on this forum, and I don’t mean to step on anyone’s toes or undermine anyone’s pride. But I do want to share a thought: no matter how good an indicator is, once it starts repainting, it becomes completely pointless to me. People often say, “If you’re heading in the wrong direction, all your effort will be in vain”—and I personally believe that choosing the right research direction is incredibly important.

After more than a decade of trading, I’ve found that the MA (Moving Average) indicator is inherently lagging. It works okay when there’s a clear major trend, but during sideways/choppy markets, it wipes out all previous profits. In fact, MA has played an irreplaceable role in causing losses. While it does help make profits occasionally, the overall balance is clearly off. That’s why I think researching any code based on MA is a waste of time. But then I wonder—could the same be true for other indicator-based research too?

I often find myself thinking: Would it be a good idea to focus on divergences from or breakouts of certain outer boundary lines? Because this approach would inevitably help catch the tops or bottoms of price movements.

These are just some of my unpolished, personal thoughts. If anyone has criticisms or feedback, please go easy on me—I’m “sensitive to pain” and not used to hearing overly harsh objections, haha.

I’m not sure which specific section this post belongs in either. I looked through the forums, and none seemed like a perfect fit, so I decided to post it in the Help section instead. I hope my thoughts are useful to everyone, and I wish all of you profitable trades!