@TheWizard and @randyjb,

It is a nature of this indicator to repaint as it changes according to latest data received.
It is like Linear Regression channel - changes all the time.
I have backtested it and it gives average results - but I agree - to check the results visually is the REAL problem.
Might get similar results using e.g. Camarilla Points - and that one you can confirm visually!
Nevertheless the concept is good with using timing indicator as well - I just did not find/figure out what indicator it is.
I still have the Timong indicator in MT4 and main (COG or PRC) is not working anymore - but look at it only occassionally and do not rely on it.

TheWizard 

I haven't been active on his site for many years. The only thing I can tell you is that it is accurate, at the time. I repkats and repaints all day long. DO NIT TRUST IT. YOU WILL NO LIKE IT SEEMS AT THE END OF THE DAY. IT IS NIT RELIABLE. I KNOW IT LOOKS LIKE IT IS, BUT YOU WILL SORELY BE DISAPPOINTED!

@TheWizard,

Good to see you back. I did like your posts and especially helping hand.
Should share some wisdom from time to time... :-)