What is the most accurate indicator for forex?

Fibonacci is a trading tool that shows the most accurate market direction as it is related to every creature in the universe. The most significant part of the Fibonacci tool is the golden ratio of 1.618. In the forex market, traders use this ratio to identify market reversal and the profit-taking area.

How do you make an indicator not repaint?

To produce a non-repainting signal, make use of the trail instead of the leading edge. In this screencap of the USDCAD, I put in a 2-period exponential moving average displaced by 2. This is a very common indicator.

Does MACD paint?

Woopy, MACD should not repaint if it’s being calculated correctly. This is because each MACD value is calculated only from data on the same or earlier price bars. (It is actually the difference between 2 EMAs: 12 and 26 are the deafults).

Does moving average repaint?

A moving average does NOT REPAINT. You should only consider the previously closed bar because it will no longer change.

Do TradingView indicators repaint?

In its simplest form, indicator repainting happens to all indicators which rely on the close price of a candle for their calculation. The final close price is not known until right at the end of the bar. This means that the indicator is constantly “repainting” during the bar.

How do you know if an indicator paints TradingView?

By far, the easiest way to tell if there is any repainting going on is to use the “replay” feature in tradingview. Fortunately, the reply mode simulates data as if it were being received live. Whatever you see in the replay function is what you would have actually seen.

Does the MACD histogram repaint?

What is Mesa indicator?

Summary. The MESA Adaptive Moving Average (MAMA) is an indicator characterized by its ability to adapt to the price movement of the asset in question. To determine the rate of price change, the MESA Adaptive Moving Average uses a Hilbert Transform Discriminator to determines the average value and signals market trends.