Joined Aug 2015
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Status: Coding Magician
|2,565 Posts
As I mentioned about...the TMAs are so slow if you want to test with high values=bars its slows the system down and backtest is nearly impossible!
Has anyone here such an indicator?
Greetings and thanx if U have 1!
As I mentioned about...the TMAs are so slow if you want to test with high values=bars its slows the system down and backtest is nearly impossible! Has anyone here such an indicator? Greetings and thanx if U have 1!
Ignored
I wrote a fast TMA several years ago and posted it on FF. Search for "fastTMA" or look through my past posts that included attachments, you should be able to find it.
Sure I have a trading plan. Buy low. Sell high. What's yours?
{quote} I wrote a fast TMA several years ago and posted it on FF. Search for "fastTMA" or look through my past posts that included attachments, you should be able to find it.
Ignored
Yes...I know it but i has not the smooth borders from the original tma....
{quote} Yes...I know it but i has not the smooth borders from the original tma....
Ignored
That was intentional. The borders exactly display the data being plotted. If for example you are plotting H1 data and viewing it on M1 charts, you will see step-like lines that only change once per hour, because H1 data only changes once per hour. To draw them any other way is to misrepresent the actual data being plotted. But if you want to make the lines appear prettier feel free to modify it.
BTW, if you are using the TMA for back testing be very careful. The TMA, due to its nature, repaints. At the extreme right edge of the chart the TMA is identical to the Linear Weighted Moving Average. There is an indicator called "Moving Average Dynamic Envelope" that performs like the TMA but is based on the LWMA and other conventional averages like SMA. It does not repaint. It would be safer to use for back testing.
Happy trading!
Sure I have a trading plan. Buy low. Sell high. What's yours?
