kvak wrote: Wed Jun 19, 2024 8:38 am Try this version....

kvak, mrtools, and all the wonderful programmers here: I think there's a way we can make this indicator far more useful.

I noticed the popular NinjaTrader indicator store Ninza has their own version of the TMA called "Magical TMA Bands".

You'd think it's no different from what we already have available for MT4, except this part caught my attention:

Thoughts it repaints, Magical TMA Bands is equipped with 2 backup plots: original upper bound & original lower bound. They are kept UNMODIFIED (not repainted ever) to help you be able to see the real history of what happened.

All the signals are also based on these original plots. In other words: once printed, signal markers will stay as-is (not readjusted or removed ever).

I'll attach some of the pictures from the product page below so you can see what this looks like:


Here is my request: Is there any way we can add an "original upper bound & original lower bound" option to the TMA indicator?

I think this option will do serious wonders for backtesting and significantly solve the repainting problem. In particular, it will allow us to better evaluate which non-repainting indicators would be best paired with the TMA bands to provide the most accurate reversal/trend signals possible.

And if nothing else, this PDF manual on the product page is a must-read for anybody who uses the TMA bands as part of their trading system.