the picture you have is showing h1 inner chanel and h4 outer channel....can you change the indicator to show those two.timeframes and post a picturelucmat wrote:
in the inputs of this indicator you can choose the lenght of cycle to draw.
In my example, with 1H chart, the red line draw "2 days cycle" and the green one draws "8 days cycle".
devontrader, due to the nature of tma, in which way you avoid false entry or exit?
Re: TMA - Triangular Moving Average indicators MT4
62here the picture of h1 and h4 chartsdevontrader wrote:the picture you have is showing h1 inner chanel and h4 outer channel....can you change the indicator to show those two.timeframes and post a picture
Re: TMA - Triangular Moving Average indicators MT4
63you miss my point.lucmat wrote:
here the picture of h1 and h4 charts
have a eurusd h1 chart
put on the tma ado indicator to show h1 and h4 cycles
Re: TMA - Triangular Moving Average indicators MT4
64ok. so let's watch the h1 chart: green line represents the h1 cycle and red line represents the h4 cycle (if you change the inputs of tma ado you can choose timeframe and lenght of cycle).devontrader wrote:you miss my point. have a eurusd h1 chart put on the tma ado indicator to show h1 and h4 cycles
Re: TMA - Triangular Moving Average indicators MT4
65can you post a picture and a picture of your settings in inputs
Re: TMA - Triangular Moving Average indicators MT4
67difficult to get indy to show cycles exact.
other way of doing it
other way of doing it
Re: TMA - Triangular Moving Average indicators MT4
68It doesn't make much sense to me to add more indicators when so much confluence appears already.devontrader wrote:difficult to get indy to show cycles exact.
other way of doing it
It's like seeking confirmation of the confirmation.
a) the PA is at the edge of the channel
b) 3 indicators line up in the same direction
c) 2 of those entries (long) would happen at an S/D level
So, if also higher TFs agree with that then it does look good.
I personally would not take the short though, as it goes against the general direction.
1H markers on the 4H chart
Re: TMA - Triangular Moving Average indicators MT4
69yes your spot onRplusT wrote:
It doesn't make much sense to me to add more indicators when so much confluence appears already.
It's like seeking confirmation of the confirmation.
a) the PA is at the edge of the channel
b) 3 indicators line up in the same direction
c) 2 of those entries (long) would happen at an S/D level
So, if also higher TFs agree with that then it does look good.
I personally would not take the short though, as it goes against the general direction.
1H markers on the 4H chart
thats why hurst has 2 channels...i agree about indicators.....i have stochastics on for ob and os conditions and maybe divergence...the bottom is a cycle swing indy which is handy.
same ols story tho which indicators to remove with out weakening the info lol
Re: TMA - Triangular Moving Average indicators MT4
70Devon, perhaps you should start a thread in the "trading systems" section. Seems like a solid system you have.
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