Hi, yes the 'centred' TMA recalculates the previous x number of candles on each new candle to smooth the curve.Ronin wrote: Fri May 07, 2021 2:57 pm Friends, on the same topic again, as posted just above.
Referring to this indicator posted by Banzai:
TMA ATR Channel (post #287 above):
viewtopic.php?p=1295394026#p1295394026
Same question as Mikepilot89's post #296 (not answered)
I am finding this indicator extremely useful, but find i need to understand it a little better.
Digging deeper, based on what i have read on this forum, centred TMA is recalculating and therefore repainting and regular TMA is not - it is simply double-smoothed.
My question is - is the indicator TMA ATR Channel a centred TMA or not? I am guessing it is centred, based on the smoothness of the centreline.
Apologies for my 'greenness', but i simply can't tell from the code and inputs.
Any help / guidance appreciated.
Thanks in advance!
Below is one with a 'Redraw' True/False input function so you can compare.