The following is a quick guide to redrawing and non-redrawing the harmonic pattern indicator. Pattern scanners based on the fractal wave detection algorithm are either repainted or non-repainted. Our products offer two options: repainted and unpainted. Their capabilities and prices are different.
For harmonic pattern scanners
Harmonic Pattern Plus (and Harmonic Pattern Scenario Planner) is a powerful but repainting of the Harmonic Pattern Scanner. At the same time, they are cheaper. Below are links to them.
The X3 Chart Pattern Scanner is a harmonic pattern and X3 pattern scanner with no repainting or delay. Below are links to them.
It is usually easier to replace it with a harmonic pattern indicator that is not repainted or delayed. Of course, the signal is reserved when it is detected. Therefore, if you don’t mind the cost, we recommend using the X3 chart pattern scanner. This is because it does not redraw the harmonic pattern and the X3 pattern indicator.
However, if you don’t mind repainting the harmonic pattern indicator and want something cheaper, use Harmonic Pattern Plus (or Harmonic Pattern Scenario Planner). Many traders may use the repainted harmonic pattern indicator. They are also cheap.
Beginners are advised to use a non-repainting harmonic pattern scanner such as the X3 chart pattern scanner. Easy to trade with non-repaint indicators. At the same time, there are many bonus features within the X3 Chart Pattern Scanner.
By the way, we provide the only harmonic pattern indicator in the world without repainting or delay. Of course, the first one in the world.
Repainted and Non-Repainted Harmonic Pattern Indicators-Trading System-October 2, 2021
https://www.mql5.com/en/blogs/post/746100 Repainted and Non-Repainted Harmonic Pattern Indicators-Trading System-October 2, 2021