DislikedI have to say that I'm very confused about this. Once a time period closes, are the values of the TMA bands fixed? Or will they change according to future prices? If so, how big a change can one expect over time for any of the data points? I'm getting the impression that you are saying that it is almost worthless to try manual backtesting with the bands. The only way I could see that happening is if future price performance actually changes the value of the TMA at previous bars.Ignored
It looks a lot different, which is fine, but the entries almost match up exactly with my RWB timing as well.
Some people see things simpler or more clear from different indicators, but as everyone knows, the majority are based off of MA's. The STARC is pretty interesting in that is uses ATR with MA and you rarely see it bounce out to get you in trouble. (And it doesn't shift after the move already occurs).
The challenge though is that your trades will be twice a week typically, but if your hit rate is 70% who cares.
I have run the strategy tester on that indi and it seem to work beautifully! The only trick is the nuances/rules to make performance better without curve fitting.
I went through Dec 2009, Oct 2008 and still have July 2007 to go through but the first 2 it does great! You have some losers, but nothing like if you were running straight NB system off of.
I think you guys should seriously consider looking at that INDI as a replacent to the 25BB. You really don't need the sixth's or RWB either.
Oh, the other beauty of it is that you can run it on a 5M chart (spreads will hurt you through most brokers though) and it works great!
We are our own best indicator.