Re: TMA - Triangular Moving Average indicators MT4

61
lucmat 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? 
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

68
devontrader wrote:difficult to get indy to show cycles exact.
other way of doing it  
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
Attachments

Re: TMA - Triangular Moving Average indicators MT4

69
RplusT 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
yes your spot on
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


Who is online

Users browsing this forum: Bing [Bot], DotNetDotCom [Bot], Efegocmen, Majestic-12 [Bot], Ruby [Bot], ssscary, Yandex [Bot] and 105 guests