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Originally Posted by jimven
I'm sorry to interrupt your more serious trading discussion. I now understand that indicator movement during the formation of the current candle is NOT repainting. If I get your meaning correctly, backtesting an MTF indicator does not result in its recalculation. It's completely static, so the results should be predictable, just as displayed.
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No Jimven, when you back-test a MTF-indicator, it does NOT give you the results you see in real-time. However, if it is worth it's weight in gold, you should be able to see whether it gives reliable signals and then (and only then) you look at it in real-time to see if it "repaints" every second candle, etc. If it is stable in real-time, it is a good enough indicator. There are people here that will disagree with me no doubt, but believe me I am trading the MTF_XO for more than a year now and it is extremely effective.
So therefore, the results you see in back-testing only shows you how reliable the indicator is AFTER it has re-set it self (I hate the word "repaint" as most people using it frequently, have no clue what they are talking about).
Hope this has finally cleared the cobwebs if any.
Best wishes.