How does Fractal ZigZag (No Repaint Indicator work?įractal ZigZag (No Repaint) Indicator generates and displays upward and downward pointing arrows depending on the current market trend. Therefore, by ZigZag (No Repaint) indicator gives signals that do not change with the close of the current bar/candlestick. In this way, they give more definite signals which don’t change unless the situation changes.
This means that the indicator only use the values of the closed bars/candlestick while analyzing the markets. Their predictions do not change when the bar/candlestick closes. In short, a repainting indicator normally uses future data to generate signals.Ī No repainting indicator, on the other hand, depends on the previous data to generate their signals. A repainting indicator will keep changing its values and its signals cannot be trusted 100% since it could say this and then in the next second, it says something different. If you watch most technical indicators, they will reposition their endpoint to the current market price. Alerts In Real-Time When Divergences Occur
0 kommentar(er)
