Triangulated Moving Average (TMA)

Indicators coded by community members
Post Reply
Message
Author
ericjschroeder
Posts: 4
Joined: Sat Feb 26, 2011 2:07 pm

Triangulated Moving Average (TMA)

#1 Postby ericjschroeder » Wed Mar 02, 2011 11:08 am

I have been testing this indicator in MT4 but it is impossible to backtest so will gladly pay someone to convert this for Forex Tester. Hopefully it's not too difficult.

(apparently I can't post the .mq4 here so contact me for the code)

Eric
Attachments
tma.JPG
tma.JPG (53.48 KiB) Viewed 10220 times
Top
Stonev
Posts: 204
Joined: Thu Jan 28, 2010 2:20 pm

#2 Postby Stonev » Thu Mar 03, 2011 5:40 am

Hello Eric,

I can help you.
find my e-mail in PM.
Top
User avatar
Tantalus
Posts: 302
Joined: Fri Mar 23, 2007 3:51 pm
Contact:
Contact Tantalus

#3 Postby Tantalus » Thu Mar 03, 2011 9:11 am

Eric, this particular indicator has a problem in that it repaints the past, which means that it changes the data for past bars to make it look better than it really was. You can't look at the trace on the chart and make any assumptions of how well you could have traded, because the trace is falsified as time goes by to give the appearance of a no-lag indicator. In fact, when the repainting is removed, it is nothing more than a typical linear weighted moving average.

A true Triangle Moving Average is a different indicator than the one your using, and it does have lag.
Tantalus Research - Developing 21st Century Trading Systems.
Top
ericjschroeder
Posts: 4
Joined: Sat Feb 26, 2011 2:07 pm

#4 Postby ericjschroeder » Thu Mar 03, 2011 10:37 am

Yes, I understand that. That is why I need to test it in real time.
Top
cowcool
Posts: 1
Joined: Tue Oct 01, 2013 1:27 pm

#5 Postby cowcool » Tue Oct 01, 2013 5:33 pm

Anyone have TMA for forex tester? The repainted version and not true TMA. Please pm me.
Top
Post Reply

Return to “Indicators”

Who is online

Users browsing this forum: No registered users and 8 guests