Hi There,jsw_nz wrote: ↑Tue Feb 26, 2019 8:25 pm
Your newest version is really nice - thanks for sharing!
I did have a question re: .... the TMA Price channel(s) - they seem to be the basis of generating the 'on-chart ribbon' - never seen this before - the inputs are identical for TMA1 and TMA2 - so how is the difference computed? - a variation on what price to include in the computation - the signals of the ribbon are very helpful - like a Ichimoku Cloud - without being one - LOL . ALSO - on the Semafor - is that a 4 level version?? - ...and what is the precedence.... is red circle a 'higher level' than blue circle ??
I like you quote: "Let light shine our of darkness and illuminate your world and with this freedom leave behind your cave of denial"
Many thanks !
The Semafor is 2 level, 34 period (White Inner Dots) & 84 period (Red & Blue Outer Dots), they will redraw but the higher the TF the better and if you wait for the turn of the cci, trend line & TMA histo bars then they tend not to recalculate and are good as a road map for your trading analysis. I d/l TMA_Centered_H1_V2_VS.ex4 indy from this forum a couple of weeks ago and fell in love with it's grail like qualities. As it was in ex4 format, I could not access it's code but I do have an archive of indys and was able to match both TMA channels and I simply added the ribbon and set showTMA1 to false to recreate the indy. I then added the spotlight and tied in the trend line and cci to create the BUY,SELL & WAIT signals. I still have to do the same for the Alerts but that will be in a week or two. Talking about the ribbon I realise that I forgot to add the EMPTY_VALUE and have corrected this in the enclosed indy so there should be no histo bars drawn on the opposite channel (My Bad).
Here is the updated indy for your perusal.
All the best