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I don't agree with all indicator repaint.
Can say all indicator repaint on the "live candle that is still running", once the candle close, the indicator will stop repaint.
I don't consider this kind as a repaint, as all past result didn't repaint.
So, if people are using indicators, should refer...
I tried hedge before and failed. So, better don't try to hedge.
But its ok if you treat both buy and sell as individual trade.
For example, you have a long term buy trade, its ok for you to entry a short term sell trade.
Sharing an Indicator that I convert from MT5 because I cant find it in MT4,
Plus I add in the ability to control on and off on chart by pressing keyboard key.
Its support resistance level based on overbought and oversold.