Hi!
So I’ve read about this indicator called Super Signals, see more here Super Signals Indicator - MT4 Indicators (MQ4 & EX4) - Best-MetaTrader-Indicators.com.
I know it’s a repainting indicator and that it will give a lot of false signals, and I haven’t tried it yet. The reason I’m posting this is that i want some more information about the indicator itself. I know for example that it is based on the ZigZag indicator which also repaints. I also know that there are a lot of versions of the indicator, v 1,2,3,4,5,6 and so on.
The thing/s i want to know is the calculation behind the indicator, under what conditions does the indicator produce its signals? Also if anyone knows the difference between the newer versions and the older versions.
Thank you