Here are some observations on testing this indicator out:
1. The indicator works on some zig zag -- with an arrow and a white dot signifying turning points or alerts to turning points
2. On a M5 chart, some repainting of the PAST signals ( arrow and a dot) occurs, but with the current signal remaining in its place. On a few occasions, the current signal did repaint, even after the candle has closed for 3 candles.
3. On the whole, this is a good indicator to use for entry and exit -- especially with a confirmation indicator that do not repaint. Used on its own, the trader will need to exercise some technical assessment as to the risk of the signal disappearing or repainting.
4. Used with a stop loss in the event the repainting signal works against you, the indicator has promises.
5. Used to trade a M30 swing, the repainting episodes reduces greatly. It is possible to use this indicator for time frames M30 and above for swing trading. Use with care as there are rare occasions the indicator might repaint esp extreme volatility periods and news periods.
Overall, a good contribution! Well done.