alorente » Fri Dec 19, 2014 12:18 pm wrote:milanese » Fri Dec 19, 2014 11:13 am wrote:Hi all,
here the update to the latest version. New it re-calculates after initializing only the signal on the last bar, this is for avoiding, that older signals will be changed in the chart, what former versions did. Many thanks to Al who pushed me to code this..
Too as an optional there is an ignoreFuture option using trueTma, this is indipendend from the new method of recalculation. Note that if you change the TF on the chart, or change settings ecc.. the indicator will reinitialize and re-paint and than restart to use the new calculation.
Please read too this post and the ff: click-->
http://www.stevehopwoodforex.com/phpBB3 ... 55#p108055
Cheers
Tommaso
Thanks Tommaso.
I do not recommend changing to trueTMA. I already tested it and it gives bad results. It is not tradable in my opinion.
I have been going through the posts in this forum and found the above observation of Al's. I was part of the Extreme TMA group back in 2011-2012. I looked at true TMA along with the original TMA, plotting both on my charts and doing my analyses. In my opinion, trueTMA is VERY tradable, and CAN be used successfully, because I soon stopped using the original TMA and used the trueTMA. So at least one person has postings in the Extreme TMA forum with positive results using trueTMA
. I suspect, as with many things, some find it useful, some find it not useful. But it was useful for me.
I always encourage people to try for themselves, because you can never know if it works for YOU until YOU give it a (reasonable) test.
drdave