What is Repainting?

Repainting in the forex is a term that represents the trading platform indicator that repainting, meaning that indicator changes display on the chart as new price data (candles/bars) comes in. A repainting process shows that the indicator is displaying on the chart is highly accurate when it is not.

Why are my alerts inaccurate?

Depending on the market you are trading, adjust the settings to correct any errors you are consistently seeing from the alerts.

Does MarketGod Repaint?

No

What is percent profitability?

Percent profitable is a metric used in trading to measure the percentage of a trader's trades that were profitable. It is calculated by dividing the total number of profitable trades by the total number of trades, and expressing the result as a percentage. For example, if a trader made 100 trades and 60 of them were profitable, their percent profitable would be 60%. Percent profitable is often used by traders to evaluate the effectiveness of their trading strategy, and to compare their performance to other traders. A higher percent profitable typically indicates that a trader's strategy is effective and profitable, while a lower percent profitable may indicate that the trader needs to make adjustments to their strategy.

Why did my indicator not send a buy or a sell when the market price changed

MarketGod provides buy or sell alerts for users when a specific criteria has been met in the market. Price change to any percentage is not in the parameters for the alerts therefore does not always account for price changes

What does it mean if an indicator is Repainting?

Repainting in Pine Script refers to the phenomenon of an indicator or strategy's output changing as new price bars are added to the chart. This can happen when the indicator or strategy uses data from future bars to calculate its output, which is not available at the time the indicator or strategy is initially calculated. As a result, the indicator or strategy's output may appear to change or "repaint" as new data becomes available. Repainting can be a problem because it can make it difficult to accurately backtest or forward test a strategy, as the strategy's output may change depending on the data that is available. It can also make it difficult for users to interpret the indicator or strategy's output, as it may not be clear what data was used to calculate the output. To avoid repainting, it is important to design indicators and strategies that use only data that is available at the time the indicator or strategy is calculated. This can be achieved by using functions such as sma(), wma(), and ema(), which use only historical data to calculate their output. It is also important to test indicators and strategies thoroughly to ensure that they do not exhibit repainting behavior.

When I search for the MarketGod Indicator in the Tradingview Public Library, a red-lock is next to the name and I am not seeing my access as granted. Why?

If you are using the search bar to find the MarketGod Indicators, stop. The indicators that are publicly published in the library are no longer supported. They were updated in September 2021 to consolidate all the versions into one. The only way to find the indicator and strategy is through the invite only section of the library. If you do not see the invite only section, we have not added you yet OR the name you've submitted is incorrect.

What is Max Drawdown?

In trading, max-drawdown is the maximum loss that an investment or trading strategy has experienced. It is typically expressed as a percentage of the initial investment or trading capital. It is used to measure the risk of a given investment or trading strategy, with a higher max-drawdown indicating a higher level of risk.