I think the 500.0000 is the normalization lookback period - if it is it will repaint the last 500 bars constantly - that's maybe why the arrows and entry not in the same spot It also must be using some kind of reverse smoothing to get the clamping effect My indi below not exactly the same but ...

it's so easy to draw in mspaint

88FX88 wrote: Wed Jan 14, 2026 7:07 am In my opinion, the traces lead to ValueChart, with tweaked custom parameter and level settings.

and does this repaint or lag?

still under testing waiting for the market opening i will post results after testing

this is my modified version. it does not repaint.

galaxy wrote: Mon Mar 18, 2024 5:47 am Repaints

I know.

https://www.tradingview.com/script/cDYxceJy-ZendicatoR/ Can you please convert this indicator to mt4, i believe it's a good indicator for identifying up and down trends thank you. i couldn't attach screenshot it gives me an error. //@version=2 strategy("ZendicatoR", overlay=true, calc_on_order_fills ...

can you please convert this to mt4 thank you.

Mod edit: Code removed as it wasn't wrapped.

Hi any idea what kind of indicator is this?