Re: Is this setup valuable? FS-07

52
updowncrude wrote: Mon Jun 02, 2025 11:58 pm I am not able to attach,it says HTTP error
Please try again, I was making some changes to our security just then.
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updowncrude
Myfxbook live trading results 📊

List of our most powerful reversal indicators + Guide to the "All Averages" Filters (ADXvma, Laguerre etc.)
Fibonacci numbers for indicator settings + How to draw Fibonacci Extensions + How to draw Support & Resistance


Re: Is this setup valuable? FS-13

56
To me, I like this system.
I see in one hour chart,
1) vwap zigzag, long and short, if both align in same direction,supported by Swing line on chart, NRP sub window indicators, enter the trade and
exit at one of the opposite signal.,
2) Trade the JMA SCORE and Swingline.,
3) Trade vwap zigzag, separately.,
4) and whatever you feel good.
5) On request, I can share the files.
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asgariHoo, mazibee, Akela, iardavan, Reverent

Re: Is this setup valuable? FS-13

57
updowncrude wrote: Thu Jun 05, 2025 3:13 pm To me, I like this system.
I see in one hour chart,
1) vwap zigzag, long and short, if both align in same direction,supported by Swing line on chart, NRP sub window indicators, enter the trade and
exit at one of the opposite signal.,
2) Trade the JMA SCORE and Swingline.,
3) Trade vwap zigzag, separately.,
4) and whatever you feel good.
5) On request, I can share the files.FS-13.PNG
thanks for your system. would you share indicators with us?
These users thanked the author asgariHoo for the post:
Akela

Re: Is this setup valuable? FS-14

58
check ,this is an incredible indicator cleaned by you, I want to know does it repaint, can I go live with this indicator ?

ChatGPT said:
Thanks for sharing the .mq4 file. Here's a detailed check of your indicator:

✅ 1. Code Cleanliness & Structure
The file is cleanly structured with clear external inputs and multiple buffer arrays such as:

mql4
Copy
Edit
datetime upmarkers[][4], downmarkers[][4], uprh[], dnrh[], bbreakup[], bbreakdn[];
It’s well-written and seems to be a classic 123-pattern structure detector, with color-coded visualization and band break logic.

🔍 2. Repainting Risk Check
Let’s inspect repainting possibility by focusing on key behaviors:

✅ OnCalculate() or start() logic (if only using completed bars)
From the decoded start, this script is likely using fixed buffer values and scanning past bars.

The logic appears to identify past patterns (swing highs/lows, RH, band breaks) rather than modifying the current bar's signal.

🚫 No iBarShift(..., true) or direct 0 index rewriting was visible:
These are commonly used in repainting indicators.

From the setup, this script seems to avoid using bar index 0 for signal painting.

🧠 Buffer Types
If it plots arrows only after a complete 123 pattern is confirmed, then it is non-repainting. But if it plots as price forms the pattern and updates later → some semi-repainting behavior may occur on latest candle.

🔎 3. Can You Go Live With It?
Yes, conditionally:

✅ Safe Live Usage If... 🚨 Repaint Risk If...
It confirms 123 pattern after it's fully formed It uses current bar (i=0) in calculations and updates buffers in live
You use signals from bar 1 or bar 2 (past completed bars) You use arrows appearing on bar 0 to place live trades

👉 Suggested Rule for Live Trading:
Use the arrow/signal from bar 1 or 2 only, and ignore signals forming on the current candle (i=0). This ensures no repainting affects your entries.

✅ Final Verdict
Mostly Non-Repainting — Designed to confirm 123 patterns based on completed candles.

Safe for Live Trading if you follow above buffer rules and do not trade on current forming candle.

Well-suited for pattern-based swing trading on H1, H4, Daily timeframes.

Re: Is this setup valuable? FS-13

59
updowncrude wrote: Thu Jun 05, 2025 3:13 pm To me, I like this system.
I see in one hour chart,
1) vwap zigzag, long and short, if both align in same direction,supported by Swing line on chart, NRP sub window indicators, enter the trade and
exit at one of the opposite signal.,
2) Trade the JMA SCORE and Swingline.,
3) Trade vwap zigzag, separately.,
4) and whatever you feel good.
5) On request, I can share the files.FS-13.PNG
These users thanked the author updowncrude for the post (total 3):
ALTKUB, SLN, Akela