Indicators without delay and redrawing: types, principle of operation, pros and cons of application, expert advice

Each trader uses a technique or system in trading. In most cases, the trading method is based on two or more indicators. Those traders who have at least minimal trading experience are well aware that most of them are late or change the values ​​of the readings in the process of further trading.

This is very inconvenient, and sometimes even risky, since the profitability of a transaction depends on the accuracy of entering the market and timely closing of a position. Therefore, this article will provide information on indicators without delay and redrawing. These parameters are very important for each technical trading tool.

Types of market conditions in trading

Each trading day of the trader begins with the study and analysis of market movement. He learns the state of the market and predicts its further movement.

The financial market has several phases:

1. A calm state, that is, a consolidation zone, or a flat.
2. The beginning of the growth of momentum.
3. The trend.
4. The zone of redistribution of positions, profit taking, impulse attenuation.

Each phase is repeated periodically. For traders, the most attractive are trend movements, since they allow you to get the most profit in a relatively short period of time.

Therefore, in trading, traders are most in demand - a trend indicator without delay and redrawing. It allows you to timely determine the beginning of the growth of impulse movement and, together with large players, earn profit.

Features of trending tools

A trend in the financial market is a special phenomenon, at this time all its participants are maximally involved. During impulses, supply and demand are formed, liquidity and volatility of trading assets increase. Any important events and news happening in the world always cause strong unrest and trend movements, which are used by speculators to earn money.

Especially for traders, experts have developed technical trend indicators without delay and redrawing, which allow you to trade exactly when the market is in a trend. In trading, most instruments have flaws, they lag behind the dynamics of market movement or over time, the value changes in them, which in turn provokes the appearance of false signals. That is why accurate indicators, which under no circumstances change their values, are very much appreciated.

All trend instruments can work correctly only during impulses and strong movements, and in a calm market, in the consolidation zone, they either do not work and practically freeze at any values, or give inaccurate and incorrect signals to enter the market.

Types of Indicators

All technical tools for trading are conditionally divided into several groups. A brief description of the types of indicators is presented below:

1. Trending tools. They are used during strong movements and impulses. Such indicators are in any modern and popular trading platforms. They practically do not redraw, but may have such a drawback as a lag behind the real movement of market quotes. They are mainly used as filters. For example, ADX or a moving average indicator .
2. Tools for a relaxed market. This group of indicators allows you to analyze the market when its movement is in the range of market quotes, that is, during the lateral direction. This group includes oscillators, for example, Stochastic.
3. Counter trend indicators. These tools are used during market pullbacks. As a result, traders open trades against the main impulses, hence the name. The representative of this type is the technical indicator - Bollinger Waves. Traders refer this tool to indicators without delay and redrawing market quotes, since it almost always shows the exact value and subsequently does not change it.
4. Tools for scalping. This is a special kind of indicators that are specifically designed for short-term transactions. Scalping trading strategies are a type of trading that allows you to conclude a large number of transactions in the short term. Professionals carry out several hundred trading operations in one day, and therefore it is very important for them that the tool shows the exact value, since all transactions occur on small time frames. Among the indicators for scalping, one can single out Scalper Dream or BinaryCash, which provide speculators with a minimum amount of false signals.
5. Arrow indicators. These tools are based on complex algorithms, but they are quite simple to use and easy to use. A trader does not have to independently analyze the market and look for suitable points for opening a position, since these direction indicators without redrawing and delay, which they are in most cases, give ready-made signals. Using the arrows or points that appear on the chart, you can understand at what point you need to open an order.

The best technical tools for beginners

The best indicators without delay and redrawing are those tools that show exact values ​​and do not change them in the future. Professionals advise beginners to use simple trading tools and familiarize themselves with the general principles of work. Even the best indicators, if used improperly, can cause trader losses.

Alligator or MACD would be great for trading in a calm market, and the best indicator of a trend without delay and redrawing is a tool that produces the most accurate signals and is based on a combination of standard or modified indicators, for example, LSMAinCOLOR. It consists of superimposed indicators of instruments: MASD, "Stochastic" and MA, and in the future does not change the values.

The principle of operation of indicators

The basis of the work of all tools is their analysis for a certain period of time. However, there are those that periodically shift indicators. For example, initially they analyze the first 10 candles, then there is a shift by one candle, and the indicator calculates from 2 to 11 candles, then from 3 to 12 and so on.

As a result of such actions, the values ​​are redrawn. Stable indicators can be obtained if the basis of the algorithm is not shifts, but additions: 1 candle is added to 10 candles, and as a result, there are already 11 candles, then 12, then 13 and so on. This method is the most accurate and does not create redrawing values.

Each indicator (according to a given individual algorithm) makes calculations based on which it estimates the state of the market and looks for the most suitable entry points. They are signals for opening positions.

Description of the ZigZag indicator

This is a fairly popular tool for trading, and it can conditionally be attributed to a group of indicators without delay and redrawing, if you adjust additional settings in it or use its modified version. In this article, he will be considered as an example.

Zigzag shows the extremes, that is, the maximum and minimum values ​​of market quotes, and builds broken lines on them, which are very important in trading in the financial market. It is widely used in trading strategies as an independent element and in conjunction with other technical indicators.

The way to work with the technical standard tool "Zigzag"

The Zigzag indicator is most widely used in trading in the construction of significant levels - support and resistance. They are set on the chart at the minimum and maximum points of the instrument. The ZigZag indicator without redrawing and delaying allows you to determine the global levels at which market quotes are reversing.

In addition, it is used in trading to determine supply and demand zones, and its broken line is used to plot the direction of the trend. From maximum to minimum, a downward movement is recorded, or vice versa - an upward direction.

Zigzag is also used in the analysis of graphical figures and candlestick patterns during market forecasting using the candlestick analysis method.

Description of the trading strategy based on "Zigzag" to hang up from the level

This technical tool is used at the basis of many trading strategies in conjunction with other tools as an indicator of a trend reversal without redrawing and lagging. However, it can be applied separately and use strategies for trading on rebound or breakout levels.

Work on the strategy to hang up from the level:

1. At the minimum value of "Zigzag" you need to open a buy position. Stop loss must be set below the extremum min. Its size depends on the volatility of the trading asset, but not less than 10 points. The deal closes when the price reaches the maximum value formation.
2. At the maximum point of the ZigZag, you need to open a sell position. A stop loss protective order must be set above the extremum max. All calculations, as well as closing the order, are made in the same manner.

Strategy with the indicator "Zigzag" on the breakdown level

This is a fairly simple method and may well be suitable for beginners.

Strategy Description:

1. Before opening a position, you need to wait for the right moment when the market price at the maximum drops to such a distance that you can set a pending Buy stop order at max.
2. Stop loss is set with the minimum values.
3. At the lows, the trader should wait until the price rises and place a pending Sell stop order at min. Similarly, a protective stop loss order is placed.
4. The "Take Profit" trader sets individually, its size depends on personal preferences. Usually it is several times larger than a protective order.

As a result of trading, the speculator constantly has 2 pending orders placed at the extremes of the ZigZag indicator values.

Positive and negative characteristics

Forex indicators without delay and redrawing greatly facilitate trading and help in predicting changes in market movements.

They have advantages:

1. Automated mode (the trader does not have to make settlements on his own).
2. Display of values ​​of indicators on the chart or in a separate window under it.
3. Indicators significantly reduce the time in the analysis of market quotes.
4. They give ready-made trading signals or recommendations for opening positions.

Disadvantages of standard indicators:

1. Some of the tools are late and provide the trader with irrelevant information.
2. Many standard indicators in the process of changing their values, that is, they can redraw indicators.
3. If used incorrectly, false signals are generated.

One of the mistakes of beginners is the use of indicators that do not correspond to this market situation. For example, in a calm market, they use trend indicators, which as a result give a large number of false and inaccurate signals.

Tips for Beginners

You can earn money in the financial market only if you follow the rules of trade, know their laws and the fundamentals of forecasting market quotes. In trading, there is a wide variety of different tools: graphical constructions, technical indicators, automated programs, trading signals and much more. To successfully apply them in trade, you need to understand how they work. Professionals advise beginners:

1. Take your time and carefully analyze the market before opening each transaction.
2. Choose a timeframe for work from H1 and older.
3. To use in trading only an understandable trading system that has no more than two, maximum three technical tools, and it is desirable that these are indicators without delay and redrawing, giving the most accurate and relevant signals.

The chosen method must be tested for at least two or three months on a special demo account, which allows you to not only try your hand at trading, but also get stable positive results before entering the real market.