TMA Discussion Thread

[Jemook]

This is an issue. If we are trying to be specific with our slope value readings it would be good for everyone to be on the same page.

[garyfritz]

I assume your Cowboy IBFX is GMT+0? The Sunday candle may be messing me up, but if you've got a Sunday candle too that wouldn't explain the differences between your Cowboy IBFX and my Cowboy IBFX.

[NeoTrader]

My current TMAs for GBPUSD
D1 = -0.34
H4 = -0.35
H1 = -1.14

happy trading,

NeoTrader

[garyfritz]

On Cowboy IBFX I have GBPUSD at -.47

My bad, in setting up the new Cowboy IBFX feed I set up Slope on H4. Here's my D1 Slopes, and now GBPUSD matches yours. So it probably IS the Sunday candle.

[Baluda]

Following the discussion on Slope and Sunday candles on Cowboy IBFX I have made a new beta version of SlopeValues, v1.0.2ß.

This version skips any Sunday candle for its major slope calculation on D1.

I can only test this on Cowboy IBFX and FXOpen. Could anyone please test this on any other broker and see how the Slope values hold up before I release this publicly.

Thank you,

Paul

[Tebis]

Following the discussion on Slope and Sunday candles on Cowboy IBFX I have made a new beta version of SlopeValues, v1.0.2ß.

This version skips any Sunday candle for its major slope calculation on D1.

I can only test this on Cowboy IBFX and FXOpen. Could anyone please test this on any other criminal and see how the Slope values hold up before I release this publicly.

Thank you,

Paul

Hi Paul,

again, you delivered a nice pice of work. Thanks a lot for your Indicators.
I use the accounts of 3 brokers : Alpari(UK), Bully Pepperstone, SIG-Trader. The bias are almost the same.
Have a nice weekend !
Cheers
Tebis

[garyfritz]

Paul, here it is on a D1 chart on MB Trading (GMT-4), v.1.0.0 and v.1.0.2.

[nanningbob]

Following the discussion on Slope and Sunday candles on Cowboy IBFX I have made a new beta version of SlopeValues, v1.0.2ß.

This version skips any Sunday candle for its major slope calculation on D1.

I can only test this on Cowboy IBFX and FXOpen. Could anyone please test this on any other criminal and see how the Slope values hold up before I release this publicly.

Thank you,

Paul

Egads the Cowboy IBFX Sunday Virus strikes again.

[markot]

Hello all,

I was thinking about how we can introduce TMA true Slope to currency Indexes ? During the trading day, lot of small moves are happening to major pairs in order to deal with crosses . For example EJ. We know that EJ is construced from EU-UJ, and it would take small movement in Euro and Jen, in order to move EJ. This would reflect on TMA and give us false move on EJ. I think, if we apply TMA true to indexes, it would also give us a refference how strong move is, and which pairs are moving most. Not to mention how valuable would be information of Dollar index TMA slope. What do u think ?

[harry45]

Hello all,

I was thinking about how we can introduce TMA true Slope to currency Indexes ? During the trading day, lot of small moves are happening to major pairs in order to deal with crosses . For example EJ. We know that EJ is construced from EU-UJ, and it would take small movement in Euro and Jen, in order to move EJ. This would reflect on TMA and give us false move on EJ. I think, if we apply TMA true to indexes, it would also give us a refference how strong move is, and which pairs are moving most. Not to mention how valuable would be information of Dollar index TMA slope. What do u think ?

Indies by Baluda and Neo permit you to have more than you can imagine
Regards