MTF = repainting
Re: MT4 Indicator requests and ideas
#15601You cannot solve a problem from the same consciousness that created it. You must learn to see the world anew
MTF = repainting
Sorry Pumba, just going to expand on this. If it's a non-repainting indicator, it won't repaint on the current timeframe.
hehe sorry, I might have been a bit too lazy with my explainationChuChu Rocket wrote: ↑Tue May 24, 2022 3:59 amSorry Pumba, just going to expand on this. If it's a non-repainting indicator, it won't repaint on the current timeframe.
Non repainting indicators with Multi-timeframe capabilities do not repaint per se, they just continue to adjust and finish calculating until that higher timeframe selected is Closed.
Some important posts that explain this:
- Do MTF (Multi Time Frame) indicators repaint? by Mrtools
- Why do Multi-timeframe indicators need to repaint/recalculate? by Jimmy
Giga, using the MTF doesn't outright mean it's a "repainting" indicator. But I hope this post explains the reasoning why a Multi-timeframe indicator cannot finish calculating until the higher timeframe's candle is Closed![]()
bout as close as ever will be possibleETFOptionsTrader wrote: ↑Tue May 24, 2022 7:56 amDoes anyone have a zigzag indicator which draws arrows at every swing that do not delete upon redrawing? I realize the arrows will not display in historical charts and will only do so in real charts.
I wonder if there are settings which can help identify trend continuation/exhaustion.
ChuChu Rocket wrote: ↑Tue May 24, 2022 3:59 amSorry Pumba, just going to expand on this. If it's a non-repainting indicator, it won't repaint on the current timeframe.
Non repainting indicators with Multi-timeframe capabilities do not repaint per se, they just continue to adjust and finish calculating until that higher timeframe selected is Closed.
Some important posts that explain this:
- Do MTF (Multi Time Frame) indicators repaint? by Mrtools
- Why do Multi-timeframe indicators need to repaint/recalculate? by Jimmy
Giga, using the MTF doesn't outright mean it's a "repainting" indicator. But I hope this post explains the reasoning why a Multi-timeframe indicator cannot finish calculating until the higher timeframe's candle is Closed![]()
by sal, Sun Jul 18, 2021 10:29 pm in Trading Systems
by ionone, Mon Jan 17, 2022 1:09 am in MT4 Indicators
by pruso, Thu Aug 26, 2021 8:14 pm in Commercial Services
Users viewing this forum: annadurai, Banzai, bonbon123, Borshchov A.N., CommonCrawl [Bot], cptwillwilliams, direwolf, Majestic-12 [Bot], markata iakovlev, maroka, mrtools, shinnosuke, ummadirajani, zeleogue58, 太虚一毫 and 68 guests