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I was wondering if someone that more clearly understands repainting can tell me whether ECO2 (attached) repaints?
My guess is yes. However, my backtesting using this indicator versus running live were pretty darn close, so I'm not positive. I'd like to know for sure from one of you experts if you could spare a moment.
In NT7 there is a new method, PlotColors, that allows true multi-color plotting.
Multi-color plotting means that different portions of ONE plot can have different colors. NOT that what looks like one plot is actually assembled from a bunch of different plots that get sort of linked together.
That means NO REPAINTING. EVER. PERIOD. On ANY type of Plot, including LINES.
This has"only" been available for about a year and a half, no wonder nobody knows about it.
Why change the color of a line on the fly programatically, when you can keep switching back and forth between different plots? Oh, I forgot.. can't use NT7, we love the way NT6.5 crashes all the time. Sorry.
I have posted SEVERAL indicators that use this technique. Here's one:
I know many of you are wondering how to know for sure if an indicator repaints the past or not. So I propose we update this thread with indicators that we know for a fact do not repaint, and under what conditions that is true.
What is repainting?
Repainting …
post #22. I would be very grateful if someone could explain what conditions need to be met in order for the yellow diamonds to be displayed on the chart? I've attached the indicator and screenshot of parameter window and chart showing diamonds on it. I hope I've posted this correctly as I'm still learning to navigate the forum. Your assistance is appreciated
It looks like diamonds appear when the signal (adxvma) goes from non flat (rising or falling) to flat. You can confirm it on the screenshort - it always appears on the edge (last bar) of the different background color. When it switches directly from rising to falling (or the opposite) there is no diamond (look in the middle of the chart for an example)
Thank you very much for the reply and for explaining. I'm also trying to understand why there are 2 diamonds? Unfortunately I don't understand programming code but I notice in the code you attached it shows "topdiamond" and "botdiamond"
What is the relationship of the 2 diamonds and what is each one telling us?
There is no distinction between them - the 2 are drawn instead of 1 to stand out better - making a unique 2 diamond shape. Think of it as one object as they are never drawn separately.
This is a better picture, back then the indicator just showed a flat line when slope was neutral then somebody added " neutral zone". The zone is marked by top and bottom diamonds. Note: you set the zone width. Also note neutral = chop zone.