[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!

kelvinchase wrote: Tue Sep 16, 2025 3:04 pm [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.]

Sweet man I dont know what to say of this post............ did you need help?? Are you sharing something.......... or wanna talk about repainting indicators!!! Im confused here

Perhaps there is a language issue but I don't get what you are asking for.

Help for coding? Where is the code?
Or, if you want help to code something new, where are the specs of the indicator?

There is nothing self-explanatory, apart from confusion.

Totally confused here, too. At the start I thought he needed help with a code that repaints. I was like cool, this guy is going to share it. Then there was some advice for everyone

moey_dw wrote: Tue Sep 16, 2025 7:31 pm Sweet man I dont know what to say of this post............ did you need help?? Are you sharing something.......... or wanna talk about repainting indicators!!! Im confused here

Think he's saying that all moving averages are lagging and can't be relied on and the indicator he has been using is a repainter so now he feels like he might need to change his trading strategy?

kelvinchase wrote: [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!

ChuChu Rocket wrote: Tue Sep 16, 2025 7:50 pm Totally confused here, too. At the start I thought you needed help with a code that repaints. I thought cool, this guy is going to share it. Then there was some advice

It doesnt repaint cos its based on a few individual candle types. Disastrous against the trend as shown in top image.

boytoy wrote: Tue Sep 16, 2025 8:01 pm Think he's saying that all moving averages are lagging and can't be relied on and the indicator he has been using is a repainter so now he feels like he might need to change his trading strategy?

Why is it in coding help section then????

moey_dw wrote: Tue Sep 16, 2025 7:31 pm Sweet man I dont know what to say of this post............ did you need help?? Are you sharing something.......... or wanna talk about repainting indicators!!! Im confused here

pamc wrote: Tue Sep 16, 2025 8:02 pm It doesnt repaint cos its based on a few individual candle types. Disastrous against the trend as shown in top image.

Actually, what I mean is pretty simple—please don’t misunderstand me. It might be my way of expressing myself that’s the issue; I tend to ramble on, so sorry about that, hehe.

I really only want to make three points:

1. We need to get the direction right and try our best to minimize repainting. I’m not sure if this is the right way to put it, but I just want to give a heads-up to help everyone avoid wasting time on the wrong path. That said, I can’t deny one thing at all: I’ve come across many expert indicators from seasoned traders that are incredibly successful. They have amazing predictive power and feel so empowering to use. So, once again, I’d like to express my deep respect and gratitude to those creators.
2. There were arrows in the chart I posted earlier, right? Those arrows never repaint. In other words, it’s totally possible to create an indicator that signals buy/sell points at market tops and bottoms. I think if we add filtering conditions to the indicator, we should be able to finally pick out these high-value arrows.
3. As for the indicator with the yellow arrows—it only works on MT5 when paired with a specific external plugin. Even if I shared it, it would be useless because none of you would be able to open or use it. Plus, it’s only the EX5 (compiled) version. So I’m wondering if there’s anyone here who can recreate an indicator like this? I want to have a backup with the source code so I can keep using it for the long term.

I’m really happy to have met so many kind people here. Thank you all!

boytoy wrote: Tue Sep 16, 2025 8:01 pm Think he's saying that all moving averages are lagging and can't be relied on and the indicator he has been using is a repainter so now he feels like he might need to change his trading strategy?

You get me.