Thread: Repainting indicators
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Old 09-10-2007, 06:51 PM
newdigital newdigital is offline
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Some people confused: re-painting or not re-painting?
It is very easy to check.
For example D1 timeframe. Attach indicator to the chart. Do you see arrow for 2 days ago bar? Close Metatrader and open Metatrader tomorrow. Do you see same arrow 3 days ago? If no so it re-painting.
Of course people are cheking with M1 timeframe and probable some pairs as GBPJPY or GBPCHF. D1 timeframe is bad example of course.

About MTF indicators (Multi Timeframe Indicators). Some people said that MTF indicators are not re-painting and they are right. The other people said that MTF indicators are re-painting and they are right as well. Because MTF indicators are re-painting open bar. Re-painting the open bar is not re-painting at all. But if we attach MTF indicator to the chart (for example, MTF indicator with H1 settings to M15 chart) so MTF indicator will re-paint H1 open bar on M15 timeframe, right? So, that is why MTF indicators are something different. All MTF indicators re-paint open bar as any other indicators.
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