Gentlemen,
The three indicators you see in this picture are coded by AI.
I am just a monkey jumping one indicator to another all along been.
About the trading indicator:
Does RollingSwing100_EMA_FirstLabel_v2.mq4 Repaint?
No — it does not repaint, based on the logic you shared.
Here's why:
Only past bars are used for swing evaluation:mql4
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for (int j = checkBar - LookbackBars; j < checkBar; j++) {
if (High[checkBar] < High[j]) isHigh = false;
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It compares `checkBar` to **earlier bars only** — not future ones.2.
**Swing labels and arrows are fixed** once printed:- The swing point is confirmed the moment the current bar closes and **remains untouched**.
- The buffer writes to `checkBar`, not future bars.
3.
Uses **non-centered, backward-only** confirmation logic:- No lookahead like `high[i+1]`, `low[i+2]`, etc.
- Therefore, **zero repainting** from lookahead errors.
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What It Does Not Do:- It does **not** wait for confirmation (like ZigZag with 2 future bars), so:
- You may get **early swing signals**, and some may be close to the actual pivot but not perfect.
- This is **expected** in non-repainting indicators — a good tradeoff.
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Can You Use It in Live Trading?Yes — it's **safe for live trading**, as long as:
- You **understand** it's showing **"real-time" swing highs/lows** based only on history
- You combine it with:
- Trend filters (e.g., 200 EMA)
- Structure-based confirmation (e.g., HH/HL or LH/LL)
- Entry/exit rules (e.g., engulfing, breakout, RSI)
It’s especially good for:
- **Swing high/low trailing**
- Confirming reversals without fear of repaints
- Entry signals on strong breakouts from a swing
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