Hello , does anyone have this TMA indicator that switches between painting the TMA high price and low price and paints the median price (dotted line)continuously. I some how have the template but not the actual indicator. Many thanks.

Here's a TMA to use

kvak wrote: Sun Oct 22, 2023 7:13 am TMA with 3x Bands, Arrows, Alerts + On/Off Button & Band Calculation Options

Try this centered TMA with 3 bands, arrows and alerts for this bands, button and some methods for calculate bands.
I think, that is all what I am able to do....

Is it possible to make this a MTF also? Or is there already one that's MTF?

soldierdubb wrote: Wed Jun 19, 2024 1:24 am Is it possible to make this a MTF also? Or is there already one that's MTF?

Try this version....

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

It's working like a charm!! Thanks A Mill!!

I've been using TMA bands by Mladen for some time and recently
someone told me that they have a high CPU usage and suggested that I
use Nadaraya- watson estinator instead

I looked at Nadaraya and while it's similar, it needs adjusting all the time with
different time frames
could Mr Tools or someone else with the requisite knowledge advise which
is the better one to use

thanks for your advice

calisto77 wrote: Thu Jul 11, 2024 5:05 pm I've been using TMA bands by Mladen for some time and recently
someone told me that they have a high CPU usage and suggested that I
use Nadaraya- watson estinator instead

I looked at Nadaraya and while it's similar, it needs adjusting all the time with
different time frames
could Mr Tools or someone else with the requisite knowledge advise which
is the better one to use

thanks for your advice

Which TMA bands were you using? Thinking could maybe just use those bands with the Nadaraya - watson estimator

mrtools wrote: Fri Jul 12, 2024 4:10 am Which TMA bands were you using? Thinking could maybe just use those bands with the Nadaraya - watson estimator

I've been using -- TMA centered amp bands -- which don't need adjusting between timeframes

is there a better choice?
thanks

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.