REQUEST: Can We Create An "All-In-One" TMA Bands Indicator?
I am currently experimenting with the TMA Bands for a trading strategy I am developing. Specifically, I am using the variation with the open source code shared
here.
Would it be possible to add features to this indicator that make it all-encompassing? In other words, have features of other TMA variants so people will only need to refer to one TMA indicator?
I imagine it would clear up a lot of confusion and stop people from downloading endless versions when they can have one comprehensive indicator that does everything they could possibly want.
Here are the changes that IMO would be best to make, in the order of most important to least important:
- Only allow the indicator to be loaded for a maximum amount of set bars (5000 would be a good default)
- Add an on/off button
- Include the ability to choose how the bands are calculated. The three main options I'm thinking of are (Adaptive) ATR, Standard Deviation, and Asymmetric (another example of asymmetric is also here)
- Allow for the inclusion of 1-2 additional bands for a total of 3 bands
- Modify the alerts so you can select which band(s) will trigger the alert when price crosses up/down the band(s)
- Allow one to choose the style of line used for each band
Allow the ability to turn "center coloring" on/off in the settings (also seen here)
Please let me know what can and cannot be done. Thank you mrtools, kvak, Banzai, and everyone else for all the labor you've done in this thread despite the lies and deceit this indicator has single-handedly caused.
