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TMA-CG-2024

  • #41
  • Sep 14, 2024 12:48pm Sep 14, 2024 12:48pm
Quoting jblanked
It's not the trading system, it's the trader. If you use the TMA to catch potential reversals, you may or may not have much success. But if you use it for pull-backs, the world is yours
Yes, I do agree, but the EA is not a human trader, so it becomes much more difficult.

Exactly the same (what you said) stands for the Nadaraya-Watson.
.ex4/.ex5 files can't be fixed or modified / I'm not a coder!
  • #42
  • Sep 14, 2024 1:18pm Sep 14, 2024 1:18pm
Quoting BestTraderEv
{quote} Yes, I do agree, but the EA is not a human trader, so it becomes much more difficult. Exactly the same (what you said) stands for the Nadaraya-Watson.
It makes what more difficult? And this thread is about the TMA-CG-2024, not indicators that "seem" like this one.
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  • #43
  • Sep 14, 2024 7:52pm Sep 14, 2024 7:52pm
Quoting BestTraderEv
{quote} Basically, the idea is practically the same as Nadaraya-Watson Estimator Envelopes. {image} Do they repaint? Yes, they do. Will they always work? No, they won't always work, and that's why an EA trading the signals isn't likely to profit. It's clear when we look at his example: {image}

Arrows on TMA CG are based on HH-LL-HL-LL of course repaint, if they are based on TMA-CG arrows there is a greater chance of failure
but if TMA-CG is used to see trends and follow trends then the opportunities are greater

What if the arrow on your TMA changes based on the maximum/minimum value of: price, TMA and other indicators you use?
and use arrows to close order options like me?

This is just a partial picture of my complicated chart
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDcM1.png Size: 26 KB


BestTraderEv; "Yes, I do agree, but the EA is not a human trader, so it becomes much more difficult."

your thoughts are unique and strange for many people, because most people prefer the easy way according to them, with full automatic trading

Honestly, I agree with you that trading must be under our control as users/humans, and EAs are only a "manual trading" tool

Ideally, an EA is a trader's trading style, where all of a trader's knowledge, experience and skills have been arranged in an EA as a "manual trading" tool.

Of course, all the settings/parameters are also well arranged in it, including for example activating one function which will deactivate other functions etc
  • #44
  • Sep 14, 2024 7:57pm Sep 14, 2024 7:57pm
Quoting jblanked
It's not the trading system, it's the trader. If you use the TMA to catch potential reversals, you may or may not have much success. But if you use it for pull-backs, the world is yours
On the contrary, I use TMA to follow trends and arrows to close order options
  • #45
  • Sep 15, 2024 9:47pm Sep 15, 2024 9:47pm
Quoting Darwati
{quote} On the contrary, I use TMA to follow trends and arrows to close order options
You wrote in your last thread about getting a broker that has a lot of leverage and not a lot of rules to limit our trading, what broker are you using? I was trying XM with 1 800 leverage but the spread on gold is 4 pips
  • #46
  • Sep 15, 2024 9:53pm Sep 15, 2024 9:53pm
Quoting lain7123
{quote} You wrote in your last thread about getting a broker that has a lot of leverage and not a lot of rules to limit our trading, what broker are you using? I was trying XM with 1 800 leverage but the spread on gold is 4 pips
I used Exness, Leverage 2.000
  • #47
  • Sep 15, 2024 9:57pm Sep 15, 2024 9:57pm
Quoting Darwati
{quote} On the contrary, I use TMA to follow trends and arrows to close order options
This is an example of using arow tma as a close order option, not as a reversal order

Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDcM1.png Size: 39 KB
  • #48
  • Sep 15, 2024 10:13pm Sep 15, 2024 10:13pm
Quoting Darwati
{quote} This is an example of using arow tma as a close order option, not as a reversal order {image}
Jblanked , again

Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDcM2.png Size: 32 KB


If Jblanked TMA doesn't work, you can use Mladen NRP TMA, you can download it and read my post about setting it up https://www.forexfactory.com/thread/...-cap-reversals
  • #49
  • Sep 15, 2024 11:49pm Sep 15, 2024 11:49pm
To analyze the strategy using TMA CG, you have to study the chart before and after the refresh

Before refresh
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDcM1.png Size: 34 KB


after refresh
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDcM2.png Size: 32 KB

Good Luck
  • #50
  • Sep 16, 2024 12:32am Sep 16, 2024 12:32am
Summarize all your experience, knowledge and skills in one "Your Trading Style"

"Your Trading Style" can be done manually or compiled in an EA

This is just an example of my trading style in an EA
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDcM1.png Size: 41 KB

Then
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDcM2.png Size: 34 KB



Good Luck
  • #51
  • Sep 16, 2024 7:10am Sep 16, 2024 7:10am
Would it be possible to make the arrows non-repaint, i.e. arrows drawn after the candle close must never disappear again, even if the bands recalculate?
  • #52
  • Sep 16, 2024 7:15am Sep 16, 2024 7:15am
Quoting Nrixs
Would it be possible to make the arrows non-repaint, i.e. arrows drawn after the candle close must never disappear again, even if the bands recalculate?
Unfortunately, no, because the arrows are drawn based on the lines. Please analyze what Darwati and a few others have mentioned about the best uses.
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  • #53
  • Sep 16, 2024 7:18am Sep 16, 2024 7:18am
The TMA-RSI-Bands version focuses on pull-backs: https://www.forexfactory.com/thread/...centered-bands
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  • #54
  • Sep 16, 2024 12:58pm Sep 16, 2024 12:58pm
Quoting jblanked
{quote} Here's a very basic EA version. It will sell on bearish arrows and buy on bullish arrows. It sets the take profit automatically at the Mid Line and will modify the take profit (to the Midline of the previous candle) on each new candle. It has a stop loss in pips and the volume is in lot sizes. {file} {file}
thanks to reply brother,,,, but how to use tmacg ea ,,,, means ,,, pair ,,, time frame,,, setting ,, sl and tp this type how to i know brother ?
  • #55
  • Sep 16, 2024 1:21pm Sep 16, 2024 1:21pm
Quoting arun21385
{quote} thanks to reply brother,,,, but how to use tmacg ea ,,,, means ,,, pair ,,, time frame,,, setting ,, sl and tp this type how to i know brother ?
That’s just a basic example of using the indicator in an expert advisor. If you want to use it, start a backtest in the strategy tester and create settings for your desired timeframe and currency pair. Understanding how to backtest efficiently and effectively is crucial for success with expert advisors.
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  • #56
  • Sep 16, 2024 10:35pm Sep 16, 2024 10:35pm
Test TMA Full automatic marathon signal by signal using my trading style use the TMA center line + EMA as a signal
and Upper/Lower + another EMA as a close order option
What TMA settings are used?
You have to try it yourself, what is clear is that my TMA setting is below 10
Attached Image (click to enlarge)
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  • #57
  • Sep 16, 2024 10:51pm Sep 16, 2024 10:51pm
Quoting Darwati
Test TMA Full automatic marathon signal by signal using my trading style use the TMA center line + EMA as a signal and Upper/Lower + another EMA as a close order option What TMA settings are used? You have to try it yourself, what is clear is that my TMA setting is below 10 {image}
Then......
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDM51.png Size: 55 KB
  • #58
  • Sep 16, 2024 11:05pm Sep 16, 2024 11:05pm
This is my explanation about TMA and EMA signals
https://www.forexfactory.com/thread/...3#post14989523
Quoting jblanked
{quote} You're a genius man. Thank you. TMA-CG-2024 56 Guppy 25 EMA 20 {image} {image} {image} {image} {image} {image}
If the TMA CG Period is greater than the EMA Period you cannot see the trend and sideway of the TMA

If you want your TMA to show Trend and SideWay, the TMA value must be smaller than the EMA value
  • #59
  • Sep 17, 2024 6:24am Sep 17, 2024 6:24am
Want to develop your trading style?
Try to summarize the indicators you use in the form of buy/sell arrows
You can ask for help from the indicator creation forum
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDM5.png Size: 33 KB


after that, think about the open close order operations, the manipulation,
this is where your experience, knowledge and skills play a very important role

Be yourself, build your own trading style

Good luck
  • #60
  • Edited 6:06am Sep 18, 2024 5:47am | Edited 6:06am
I saw several users mention the repainting. Apart from the arrow at the current bar that may appear and disappear, there is a bigger elephant in the room!

It is important to understand what the "CG" in "TMA-CG" means: center-of-gravity; that is: centered moving averages. It means the indicator will use *future* data to draw its lines. For example, if you use a 21-bar MA, it will use the 10 past bars and the 10 future bars to calculate the MA! That gives nice smooth lines, but is obviously not possible on a live chart.

When you drop the TMA-CG-2024.ex5 indicator on a chart, it will use this lookahead data snooping to draw the lines on the chart, but it will behave different for the new incoming bars. Here is the indicator when dropped on an existing chart:
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 36 KB

For example, at 8 Feb 02:30 the curve is already slowing down and starts bending downwards even when the price is still going up strongly! How can it do that? It uses future data to know the price will later go down.

Here is the same indicator when used in the strategy tester on a stream of fresh incoming bars (so it can't look ahead in time):
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 46 KB

The curves are much less smooth, and at 8 Feb 02:30 it does not know yet that price will go down. Also the arrows are very different!

Lookahead indicators like this TMA-CG can be convenient as a "guide to the eye", but you should not use them as inputs to an EA. In my own indicators, I have separated the calculation algorithm from the bar data and feed the algorithm bar-by-bar. Even on old chart data that is already know. That way I prevent accidental data snooping of future data and ensure the indicator behaves exactly the same on past and on future data.
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