What does indicator repainting mean?

<p id="isPasted">Repainting indicators are those whose values keep changing. To determine future values and entry signals, painting indicators always use future data (bars to the right). This is how repainting indicators ensure their historical entry and exit signals look accurate and flawless.&nbsp;</p><p>&nbsp;There are good and bad repainting indicators. Some good indicators such as the zigzag and fractals are not meant to fool users. All a trader needs to do is learn how to use them. Fractals and zigzag help traders identify specific patterns; therefore, they keep changing as price changes. Remember, you can’t force a pattern to form; the indicator has to follow the prices until the pattern forms.</p>

<p>The repainting indicator modifies its value as an indicator that repositions its line to the point where the current price bar is formed. Such indicators take the help of future data to bring forth the values and signals for entry. In this way, repainting indicators ensure their exit and entry signals in the past look highly accurate and has zero error. Thus, the repainting indicator looks accurate on the chart, but in real trading, they are not.</p>

<p id="isPasted">The purpose of repainting the past candles when the indicator developer adds them intentionally is usually to fool potential users by making the signals appear more accurate. In live trading, signals that appear perfect on a historical chart are not nearly as effective. The historical chart shows the indicator with all its signals already repainted using chart data that hadn't been available at the time of those signals.</p><p>In short, a repainting indicator can be made to look much more appealing than a non-repainting indicator — its historical entry and exit signals are very precise and perfectly timed.</p>

<p id="isPasted">Indicator repainting is a term used in technical analysis to describe a situation where an indicator changes its past signals based on new data that was not available at the time of the signal generation.</p><p>In other words, an indicator that repaints will adjust its past signals to match the current market conditions, even though those conditions did not exist at the time the signal was generated. This can make it difficult to rely on the indicator's signals to make trading decisions, as the signals may not accurately reflect past market conditions.</p><p>Indicator repainting is a common problem with certain types of indicators, particularly those that rely on data from multiple timeframes or that use complex algorithms to generate signals. Traders should be cautious when using indicators that have a reputation for repainting, and should thoroughly test any indicators they plan to use to make sure they are reliable and accurate.</p>

<p>Indicator repainting occurs when a technical indicator appears to change its past values based on the most recent price action, making it unreliable for making trading decisions.</p>