TMA Centered Histo / Channel Ribbon
Re: TMA - Triangular Moving Average indicators MT4
342Sorry Mladen , I find you indicator TMA+CG mladen.mq4 at this linkmladen wrote: Fri Jun 02, 2017 7:21 am
Seems that it has been lost in all the migrations
All I can find on my PC now is ex5
can you traslate it in mq5?
thank you very much...it is very important to me in order to create an ea
I saw a very interesting "pattern" on TMA mtf
Re: TMA - Triangular Moving Average indicators MT4
343Link removed. Please follow the site's rules.uradello wrote: Thu Jan 14, 2021 1:07 am Sorry Mladen , I find you indicator TMA+CG mladen.mq4 at this link
can you traslate it in mq5?
thank you very much...it is very important to me in order to create an ea
I saw a very interesting "pattern" on TMA mtf
Re: TMA - Triangular Moving Average indicators MT4
344sorry...you are right
is there someone able to code TMA from mt4 to mt5?
thank you
is there someone able to code TMA from mt4 to mt5?
thank you
Re: TMA - Triangular Moving Average indicators MT4
345Posting a new CenteredTMA version by Mladen.
Description:-
Quite a few years ago, i was asked to check the ideas explained in the Brian Millard's "Channels & Cycles: A Tribute to J. M. Hurst" book about, what turned out to be, a centered Triangular Moving Average (Centered TMA), and when I did so and wrote the Centered TMA, as if the whole hell broke through and ever since I am forced to tell that I have regretted that I have ever made that indicator
--------------------
About "centering" as defined by Brian Millard and J.M.Hurst :
the data is shifted by half a period to the past in order to fit the data the best possible to values
that leaves a "gap" at the most current half period bars, and that part must be added using some kind of extrapolation
TMA calculation has a structure that is suitable to use one specific way to extrapolate (not described anywhere else since it is used only in the centered TMA)
as any other extrapolations, that extrapolation is not 100% accurate either
extrapolations are attempt to "predict" the future, and since we all (I hope) know by now that it is impossible with 100% accuracy, that "prediction" will be changed as the new data is coming in
and that is not repainting - that is simple recalculation (since the extrapolation can not be done differently) - not going to repeat the usual mantra what repainting is but :
repainting is a coding error (no coding error in the above)
repainting is a deliberate misleading of people that think that there is a holly grail in order to sell the "wonder" as a final solution (and, I for one, had been repeating from day one that Centered TMA will recalculate the last half period bars) so it does not repaint from that point of view either
one might even find the origin for 'wonder" when one guy took the indicator from then existing forex TSD elite section and promoted it as a wonder system on this same forum, but then, that is a matter of history I guess
------------
About some versions floating around :
apart from the above stuff mentioned, some are still using stuff that was messed up or created years and years ago
for the sake of (my mind) I have made this version that calculates centered TMA with asymmetric bands and checks the execution time (in microseconds, not milliseconds)
average execution time on a new tick (including the recalculation - ie: not just one bar) is from 11 to 16-17 microseconds
------------
PS: not posting the source code. I am not going to fall into the same trap when they are using the code of this indicator to sell yet another "wonder" indicator by simply using the free code and changing a few simple things in it. It is fully operational, multi time frame version with only one "issue" : it will always display that text in the upper left corner - like the example.
Have a nice weekend guys - hope this clarifies the "Centered TMA wonder"
Description:-
Quite a few years ago, i was asked to check the ideas explained in the Brian Millard's "Channels & Cycles: A Tribute to J. M. Hurst" book about, what turned out to be, a centered Triangular Moving Average (Centered TMA), and when I did so and wrote the Centered TMA, as if the whole hell broke through and ever since I am forced to tell that I have regretted that I have ever made that indicator
--------------------
About "centering" as defined by Brian Millard and J.M.Hurst :
the data is shifted by half a period to the past in order to fit the data the best possible to values
that leaves a "gap" at the most current half period bars, and that part must be added using some kind of extrapolation
TMA calculation has a structure that is suitable to use one specific way to extrapolate (not described anywhere else since it is used only in the centered TMA)
as any other extrapolations, that extrapolation is not 100% accurate either
extrapolations are attempt to "predict" the future, and since we all (I hope) know by now that it is impossible with 100% accuracy, that "prediction" will be changed as the new data is coming in
and that is not repainting - that is simple recalculation (since the extrapolation can not be done differently) - not going to repeat the usual mantra what repainting is but :
repainting is a coding error (no coding error in the above)
repainting is a deliberate misleading of people that think that there is a holly grail in order to sell the "wonder" as a final solution (and, I for one, had been repeating from day one that Centered TMA will recalculate the last half period bars) so it does not repaint from that point of view either
one might even find the origin for 'wonder" when one guy took the indicator from then existing forex TSD elite section and promoted it as a wonder system on this same forum, but then, that is a matter of history I guess
------------
About some versions floating around :
apart from the above stuff mentioned, some are still using stuff that was messed up or created years and years ago
for the sake of (my mind) I have made this version that calculates centered TMA with asymmetric bands and checks the execution time (in microseconds, not milliseconds)
average execution time on a new tick (including the recalculation - ie: not just one bar) is from 11 to 16-17 microseconds
------------
PS: not posting the source code. I am not going to fall into the same trap when they are using the code of this indicator to sell yet another "wonder" indicator by simply using the free code and changing a few simple things in it. It is fully operational, multi time frame version with only one "issue" : it will always display that text in the upper left corner - like the example.
Have a nice weekend guys - hope this clarifies the "Centered TMA wonder"
Re: TMA - Triangular Moving Average indicators MT4
346I guess you mean Mladen, the MasterCoder, who sometimes does his beloved
"Experiments - while waiting for an order to get closed"
Re: TMA - Triangular Moving Average indicators MT4
347Yup was correcting it. Actually writing post on the phone.josi wrote: Thu Jan 21, 2021 11:36 pm
I guess you mean Mladen, the MasterCoder, who sometimes does his beloved
"Experiments - while waiting for an order to get closed"
Re: TMA - Triangular Moving Average indicators MT4
348Brother Darks, this is a nice experiment, indeed. And luckily for us you're always the first on the scene with updates. Good on you for posting them here and thank you
Re: TMA - Triangular Moving Average indicators MT4
349Hi Darks, could you please add "Automatic next higher TF" to TF menu. Thanks!
Re: TMA - Triangular Moving Average indicators MT4
350He can not. He does not have the sourceRplusT wrote: Fri Jan 22, 2021 5:31 pm
Hi Darks, could you please add "Automatic next higher TF" to TF menu. Thanks!
- These users thanked the author mladen for the post:
- pipsquirrel