Re: TMA - Triangular Moving Average indicators MT4

601
TransparentTrader wrote: Sun Aug 11, 2024 3:45 am 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:



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


MagicalTMABands13-X2.png

MagicalTMABands12-X2.png

MagicalTMABands11-X2.png

MagicalTMABands10-X2.png

MagicalTMABands9-X2.png

MagicalTMABands8-X2.png


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.
Read this post regarding that addition and explanation what centered TMA is and what the endpointed (the "non-repainting) version of centered TMA is : tma-triangular-moving-average-indicator ... 1294904978 (those bands are actually lwma + atr)
_______________________

PS: centered TMA as is was created some 15 years ago and it was created for metatrader 4 (along with detailed explanations what it is and what it does and what is the end-point version of it). All the rest (tw versions, NinjaTrader versions, ...) were created after that and were based (as almost 90% of those "new" indicators on those new platforms) on metatrader 4 freely published versions (ie: they are mt indicators converted to some other platforms)

Very rarely there are trading platforms that were preceding mt but they were rather closed as far as publishing code is concerned (like, for example, tradestation) and most of the code published as open source is in fact mt code
These users thanked the author mladen for the post (total 5):
TransparentTrader, Banzai, wojtek, kvak, mrtools


Re: TMA - Triangular Moving Average indicators MT4

602
mladen wrote: Sun Aug 11, 2024 6:40 am Read this post regarding that addition and explanation what centered TMA is and what the endpointed (the "non-repainting) version of centered TMA is : tma-triangular-moving-average-indicator ... 1294904978 (those bands are actually lwma + atr)
_______________________

PS: centered TMA as is was created some 15 years ago and it was created for metatrader 4 (along with detailed explanations what it is and what it does and what is the end-point version of it). All the rest (tw versions, NinjaTrader versions, ...) were created after that and were based (as almost 90% of those "new" indicators on those new platforms) on metatrader 4 freely published versions (ie: they are mt indicators converted to some other platforms)

Very rarely there are trading platforms that were preceding mt but they were rather closed as far as publishing code is concerned (like, for example, tradestation) and most of the code published as open source is in fact mt code
mladen, thank you for this helpful information.

In that case, wouldn't it be useful to have both the repainting and non-repainting version available in one indicator, with the option to turn the latter on and off in the settings?

It would be a great way to replicate what Ninza is doing with their Magical TMA Bands on the MT4 platform.

Re: TMA - Triangular Moving Average indicators MT4

603
TransparentTrader wrote: Sun Aug 11, 2024 8:44 am mladen, thank you for this helpful information.

In that case, wouldn't it be useful to have both the repainting and non-repainting version available in one indicator, with the option to turn the latter on and off in the settings?

It would be a great way to replicate what Ninza is doing with their Magical TMA Bands on the MT4 platform.
Maybe something like THIS

Re: TMA - Triangular Moving Average indicators MT4

605
Hello, I've been using TMA bands for a while and now Nadaraya with bands ( supposed to be lower CPU use )

I looked all over this thread but can't find a simple version of Nadaraya & bands , with an Arrow (or colour bar etc )
on change of colour .
I find that the change of colour is a very good trend guide -- don't trade against it
it mainly occurs early, but if not, wait to be sure

at S&R, wait for the colour change as a precursor & use your preferred indie to get in

in case I missed it, I'd appreciate it if could someone point me to the right place to get a copy

if not, could one of our coders add an Arrow to colour changes on a basic Nadaraya with bands

thank you


Re: TMA - Triangular Moving Average indicators MT4

606
calisto77 wrote: Tue Sep 03, 2024 11:24 am Hello, I've been using TMA bands for a while and now Nadaraya with bands ( supposed to be lower CPU use )

I looked all over this thread but can't find a simple version of Nadaraya & bands , with an Arrow (or colour bar etc )
on change of colour .
I find that the change of colour is a very good trend guide -- don't trade against it
it mainly occurs early, but if not, wait to be sure

at S&R, wait for the colour change as a precursor & use your preferred indie to get in

in case I missed it, I'd appreciate it if could someone point me to the right place to get a copy

if not, could one of our coders add an Arrow to colour changes on a basic Nadaraya with bands

thank you
try here;

post1295532914.html#p1295532914

Re: TMA - Triangular Moving Average indicators MT4

609
uncle wong wrote: Mon Nov 18, 2024 12:22 am Dear MrTools ,
This the non recalculation version of Triangular Moving Average indicator in mql5 that I got it from the old forum.
Can you add shift function (+-) to Triangular Moving Average indicator in mql5 like the mql4 version in here:
post1294904968.html#p1294904968

Thanks.
Haven't tested but it should be okay.
These users thanked the author mrtools for the post (total 2):
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