I think you have understood what I'm trying to say here. I'm still working on this strategy to develop a holy grail method that will help me and other traders to earn consistent money who struggle in Forex market.
And the sole purpose of this indicator is to adapt the 60 seconds fluctuation of the market. I was working on this indicator for the binary option 60 Seconds time frame.
As earlier said, patterns will be formed from prices therefore, this indicator must change with the changes in prices. In this case, the indicator moves in the way of prices. As it shows the highs, lows, new highs or lows will be formed, this indicator will adjust accordingly to reflect the change. The BrahmastraV1 indicator is used to predict when a certain security’s or stock’s momentum is about to reverse. This indicator keeps repainting and that is how it was created to do. BrahmastraV1 is a good indicator which records high success rate only when traders know how it works.
Once this pattern of five bars is successfully formed, and the fifth bar closes, the signal will not disappear. It only means the BrahmastraV1_arrow did not form. In this case, the indicator sign disappears, but it doesn’t mean it’s a bad repainting indicator. The BrahmastraV1_arrow sign appears as the last two bars are forming, in some cases, the fourth or the fifth bar may go up above or down below the middle bar ruining the chances of a BrahmastraV1_arrow_Up and BrahmastraV1_arrow_Down forming successively. For BrahmastraV1_arrow_up the highest bar will normally fall in the middle as two bars on both sides form lower highs around the middle bar.įor BrahmastraV1_arrow_down, the lowest bar will fall in the middle while the successively two higher low bars will form on both sides. BrahmastraV1 arrows are normally formed of five bars. In the case of BrahmastraV1_arrow_up and BrahmastraV1_arrow_down some signals may disappear, which is totally okay. Now, let me explain what's going on inside this indicator after which you'll know why this indicator is best at it job even being a repainting one. And this is because of the strategy that was used to develop a money making system that has a high accuracy of producing results with consistent profits. This indicator was created to be a repainting one. This indicator can be made non-repainting but after making it non-repainting it won't serve it's actual purpose. And I don't claim that it's a non-repainting indicator. It's true and you are 101% right that it repaints. And I've also said that I'm still researching to make it more accurate so that to avoid false signals. As you know I've previously said that mine indicator is not 100% accurate it's 90% which means you need to add something extra to filter out the false signals. But let me clarify you a small thing about the indicator "BrahmastraV1". I'm really happy that you have pointed out this thing.
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