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This looks very intriguing. Does it repaint like most other indicators in this thread?
Kindest regards,
gcgmanHello Gcgman,
Explanation in this thread
https://www.mql5.com/en/forum/181353
Hello Gcgman,
Explanation in this thread
https://www.mql5.com/en/forum/181353Hi mrtools,
That is very enlightening. Thank you for sharing.
Kind regards,
gcgman
mrtoolsyou have a typo in your ID, haven't you? Shouldn't be a drtools?
Cheers Hermes
Been thinking what to do about you
Try this version. It works differently (see the comparison - lower is this one) but as far as I tested it, it will work on any symbol. It does the job differently, so you do not need to adapt levels when you change time frames (levels are calculated differently - a kind of a dynamic levels)
regardsi bet u can easily put an alert on it big brother
Is is possible to apply this TMA indicator to another indicator, like RSI?
The idea is to have TMA with other custom indicators.
Regards,
Gustavo
If you mean to make it to have a choice like built in MA does have (apply to previous indicator data or apply to first indicator data), it can not be done in metatrader 4 (only in metatrader 5 it can be done now). It has to be hardcoded in order to use something else than the price itself in calculation
Is is possible to apply this TMA indicator to another indicator, like RSI?
The idea is to have TMA with other custom indicators.
Regards,
GustavoRSI & centered TMA
Gustavo
Here is one version that is very easy to adapt to calculate centered TMA of any other indicator. Line 63 of the code goes like this :
Just replace the call to iRSI() with any other indicator (it can be iCustom() too) and it will calculate centered TMA of that indicator. This example calculates centered TMA of an RSI
Is is possible to apply this TMA indicator to another indicator, like RSI?
The idea is to have TMA with other custom indicators.
Regards,
Gustavomrtools - the indicator in your post 112 dated 11.30.2102 is there any particular reason why the half length is set at 46. Most of the TMA stuff uses 56 which I understand replicates the LWMA. I also notice in your more recent post of a similar SMA version the half length is set at 25.
mrtools - the indicator in your post 112 dated 11.30.2102 is there any particular reason why the half length is set at 46. Most of the TMA stuff uses 56 which I understand replicates the LWMA. I also notice in your more recent post of a similar SMA version the half length is set at 25.
Handy148 there is no particular half length setting for TMA Centered and SMA Centered, at the time if I remember right the most dominant cycle for EurUsd was 92 so I set the TMA Centered to half the dominant length, if you look on post #3 of this thread the TMA Centered the half length is 12.So would say its up to the individual, that would be the reason its an external parameter.
When you refer to dominant cycle being 92 on EU are you referring to the ATR ??