What is a trading indicator?

A trading indicator is a statistical calculation based on the price and/or volume of a security or other asset. It is used as a technical analysis tool to help traders identify patterns, trends, and potential trade opportunities in the market. Indicators can be based on various types of data, such as price, volume, and open interest, and can be plotted on a chart to help traders visualize the data and make informed decisions. There are many different types of indicators, including trend indicators, momentum indicators, volatility indicators, and oscillators, each of which can provide different insights and help traders make different types of trades. Some common examples of trading indicators include the moving average, relative strength index (RSI), and Bollinger bands.

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.

What is a buy and sell trading indicator?

A buy and sell trading indicator is a tool or signal used by traders to help identify potential buying or selling opportunities in the financial markets. Buy and Sell indicators are typically based on mathematical calculations or statistical models that use historical price and volume data to predict future market movements.

What is net profit?

In trading, net profit is the total amount of money that a trader has earned after deducting all trading-related expenses, such as commissions, fees, and taxes, from their total trading profits. Net profit is an important measure of a trader's overall performance, and it is often used to evaluate the effectiveness of their trading strategy and to compare their performance to other traders. A trader's net profit can be calculated by subtracting their total expenses from their total trading profits over a given period of time.

Is MarketGod available in MT4 as well?

MarketGod is only on Tradingview at this time. Many users have found Chrome Extensions to convert our alerts into their MT4 or other automated needs but we are not aware of which ones specifically.

How are the MarketGod Signals calculated?

The MarketGod indicator is based on a combination of technical indicators such as moving averages, oscillators, and volume data, to provide traders with buy and sell signals. The indicator is designed to help traders identify trends, identify potential entry and exit points, and manage risk.

What is the MarketGod Indicator?

The MarketGod indicator is a technical analysis tool that is used in the stock market to help traders identify potential trading opportunities. It is a custom indicator that is available as a plugin for various charting platforms, such as TradingView and MetaTrader. The MarketGod indicator is based on a combination of technical indicators, such as moving averages, oscillators, and volume data, to provide traders with buy and sell signals. The indicator is designed to help traders identify trends, identify potential entry and exit points, and manage risk. It is important to note that technical analysis tools, such as the MarketGod indicator, are not a guarantee of future performance and should be used as part of a broader trading strategy. Traders should always do their own research and carefully consider the risks and uncertainties involved in any trade before making a decision.

MarketGod shows a repainting warning when setting the alerts up

Since our indicator does not and will not repaint, its more than likely you've tried to set an alert on the strategy and not the indicator. Set the alert on the indicator to correct the issue.