Hi. I would like to ask a quesion regarding the TMA "True" and TMA 'Centered' Indicator.
I apologize for rehasing a very old topic.
I have read many of Mladen's old posts (including the explaintion at the beginning of this thread) regarding the topic of the TMA 'Centered' Indicator recalculating/repainting.
However, I am a little confused.
Am I correct in understanding that the TMA "True" Indicator (with ATR bands) is simply an LWMA with ATR bands and therefore does not recalculate/repaint?
I have attached the indicator and would be very grateful if MrTools or Mladen, or any of the other professionals, could confirm that it DOES NOT recalculate/repaint.
Thank you kindly.