This indicator repaints and should be used with a confirmation indicator as part os your strategy.
I can possibly buy your indicator from you
want to improve your strategy
I think I can I will relate 2 indicators to make a confirmation from a higher time frame from another indicator of mine that detects the higher time frames reversals precisely.
For naked trading I have discovered a proprierty of the market recently and created a strategy of it , called Time Machine, that is based on a fibonacci movement counting method . I can show you the results til now if you want . its 80%if applied properly. I realized that is how the market really works , the institutional traders. cause its simple, but is tricky for the average retail trader to uncover it.
So, I'm looking for an indicator that works on the 15m well and in the future when I get the mixed indicator working with confirmation from one another and make the basis, I'll apply a third element which is the movement count , from my TM strategy to start limiting the exact TPs from the market :)