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If you read the instructions on how to use Agimat you will realise that, yes of course, the main arrow repaints as new highs or lows are formed.
This is natural as the main arrow is only highlighting these highs and lows, it is not a signal to trade. Once it is established that the high or low has been made you wait for the confirmation signal. There are a couple of other confirmations to look for too. It is completely unfair to say an indicator doesn't work or repaints without understanding how the indicator works.
This indicator repaints.
I believe this indicator repaints... been watching its signals and it keeps changing based on price movement.