Usage It can be used to confirm entries, but be aware that it produces a lot of false signals. Somehow the swings tend to reverse at these points. |
The idea of the indicator is to look for a potential reversal after the price reached extreme points (overbought or oversold) and signals an entry when the ... |
You can choose repainting/non-repainting signals. • You can show MAs, entry/exit markers and market fill levels. • You can show candles built from the ... |
The additional Supertrend is non-repaint type and can run on higher timeframes. It has an auto-higher timeframe selection option, thanks to LonesomeTheBlue ... |
Not all repainting behavior is inherently useless or misleading, nor does such behavior prevent knowledgeable traders from using indicators with such behavior. |
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