The Trend Path Non-Repaint indicator for MT4 is a unique trend-following system built with multiple technical tools to identify an optimal trend reversal zone. It is among the best technical trading indicators for scalpers, day/intraday, and swing traders.
This non-repaint indicator combines a band that defines the trend direction/gauges market volatility, a tool to identify overbought/oversold zones, and a buy/sell arrow signal. The signal arrows are for buy/sell entries, while the dark orange/dodger blue bars depict the overbought/oversold zones.
How to Trade With the Trend Path Non-Repaint Indicator
The above image depicts the action of the indicator on a EURUSD chart in the H4 timeframe. Furthermore, it also illustrates how to harmonize the indicator’s signal with price action to generate a high-probability setup.
The image shows that the indicator first identified an oversold zone, which suggests a possible trend reversal to the upside. Moreover, it painted a buy arrow that coincides with a bullish engulfing candlestick pattern. These confluences (buy signal arrow and a bullish engulfing candlestick) further confirm the possibility of a bullish move.
Like the buy signal, the indicator first identified an overbought zone and then painted a sell arrow. Besides, the price also showed a willingness to move to the downside because it reacted to the upper band of the indicator, which also doubles as a potential resistance zone.
Conclusion
The Trend Path Non-Repaint indicator for MT4 is a suitable forex trading tool for novice/intermediate and advanced traders to identify optimal trend reversal setups. Finally, it is also free to download.
Trend Path Non-Repaint Forex Indicator MT4 Free Download
cuando realizo el test del indicador si repinta!!!!!!
no es cierto que no repinte.
it repaints, obviously, a lot
ist es möglich, den Source code zu bekommen?
Completely worthless indicator. Name is missleading. May not repaint but will paint the signal after the move is long gone. Just saw it paint a sell signal 48 bars later on a minute chart
of course it does not redraw the signals. he draws them in hindsight.
fully repainted
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