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The No Repaint Alerts indicator tells you whether the trend is going up or down so that you can make more informed decisions in the markets.
The No Repaint Alerts indicator pops up arrows. There’s a shift in market pattern. When the market is an uptrend, it shows green arrows. Conversely, when its a downtrend, it shows red arrows
The indicator points at entry and exit points. When you see a red arrow, it’s time to sell, while you can go long when there is a green one
When looking for forex buy/sell signals, traders should apply the indicator to higher timeframes. For example, if you’re using one minute data, you would need to wait an hour or two before the signal is confirmed.
With hourly data (or higher), however, this becomes only minutes before the signal is confirmed
The ‘No Repaint Alerts’ indicator shows where the trend is heading by plotting arrows on the chart. It has two arrows, going up and down. These arrows repaint the current state of the trend.
Whenever the blue arrow pops up, this indicates an opportunity to buy. On the other hand, the red arrow means that bears are winning and shorting is a smart choice.
The indicator provides you with the market entry and exit points. You should take your position when the arrows appear. Remember to wait for the trend to fully form, and then trade
Conclusion
The No Repaint Alerts indicator is a simple way to see the trend direction. The arrows on the indicator generate BUY and SELL signals, so you can make an informed decision. And it’s free to download.
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