SteveHopwood wrote:

phil_trade wrote:Steve

TMA TRUE from NB FF is set by defaut with xi_ATR.Period = 100 but you set it to 20 in SJ ? why ?

That is the value of the indi I have - also from FF and just redownloaded:

Code: Select all

//+------------------------------------------------------------------+
//|                                                 !TMA True v2.mq4 |
//|                                  Copyright © 2011, John Wustrack |
//|                                        john_wustrack@hotmail.com |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2011, John Wustrack"
#property link      "john_wustrack@hotmail.com"

#property indicator_chart_window

#property indicator_buffers 5
#property indicator_color1 Black
#property indicator_color2 Black
#property indicator_color3 Black
#property indicator_color4 Black
#property indicator_color5 Black
#property indicator_style4 STYLE_SOLID
#property indicator_style5 STYLE_SOLID

extern int xi_Period = 20;
extern int xi_ATR.Period = 20;
extern double xd_ATR.Mult = 2.0;
extern color xc_Text = LightGray;

//+------------------------------------------------------------------+
//|                                                 !TMA True v2.1mq4|
//|                                  Copyright © 2011, John Wustrack |
//|                                        john_wustrack@hotmail.com |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2011, John Wustrack"
#property link      "john_wustrack@hotmail.com"

#property indicator_chart_window

#property indicator_buffers 5
#property indicator_color1 Black
#property indicator_color2 Black
#property indicator_color3 Black
#property indicator_color4 Magenta
#property indicator_color5 Lime
#property indicator_style4 STYLE_SOLID
#property indicator_style5 STYLE_SOLID

extern int xi_Period = 20;
extern int xi_ATR.Period = 100;
extern double xd_ATR.Mult = 2.0;
extern color xc_Text = LightGray;

Jemook wrote:Phil, incorrect.

a buy trade need to wait first to hit LOWER H1 TMA or upper H4 TMA
and only after this to cross descending 5.1 MA's

a sell trade need to wait first to hit UPPER H1 TMA or lower H4 TMA
and only after this to cross ascending 5.1 MA's

Please see bold bits. If price is at the opposite H1 OR H4 TMA band it is still counted as being 'retraced' especially so to the H4.

Steve - you are a legend! This is a fantastic toy to play with.. I'm gonna have so much fun with this one. I can't believe you hooked this up so quick. Guys I hope you all understand what a gun Steve is with coding - this EA is THE SHIT!

• - Scenario 1): market hits the bottom H1 TMA, so it has retraced and we can wait for it to reach the 5.1 on its way back up.
  - Scenario 2: market has reached the upper H4 TMA band and so has risen a long way. It needs to fall back below the 5.1 before it can be considered to have retraced sufficiently to be tradable.

Jemook wrote:Phil, incorrect.

a buy trade need to wait first to hit LOWER H1 TMA or upper H4 TMA
and only after this to cross descending 5.1 MA's

a sell trade need to wait first to hit UPPER H1 TMA or lower H4 TMA
and only after this to cross ascending 5.1 MA's

Please see bold bits. If price is at the opposite H1 OR H4 TMA band it is still counted as being 'retraced' especially so to the H4.

Steve - you are a legend! This is a fantastic toy to play with.. I'm gonna have so much fun with this one. I can't believe you hooked this up so quick. Guys I hope you all understand what a gun Steve is with coding - this EA is THE SHIT!

Jemook wrote:Steve - just to confirm, when I choose the Multi TF TMA it can (for example, short) be at the top of H1 tma OR H4. It doesn't require them to BOTH be at the top, correct?

Jemook wrote:Ok so I just launched my first test batch for fun, woohoo! However, it says AUDUSD is TMA = buy but price is at the top TMA on H1 and H4 and it should be at the bottom TMA band. Looks like a whoopsie Steve? What do you reckon.

phil_trade wrote:

Jemook wrote:Ok so I just launched my first test batch for fun, woohoo! However, it says AUDUSD is TMA = buy but price is at the top TMA on H1 and H4 and it should be at the bottom TMA band. Looks like a whoopsie Steve? What do you reckon.

All is correct at home : same trade possible with V1,V1b and V1c
only sell GBPJPY and sell GBPUSD

do you confirm Steve analyse Jemook :

For the buy trade:
- Scenario 1): market hits the bottom H1 TMA, so it has retraced and we can wait for it to reach the 5.1 on its way back up.
- Scenario 2: market has reached the upper H4 TMA band and so has risen a long way. It needs to fall back below the 5.1 before it can be considered to have retraced sufficiently to be tradable.

Jemook wrote:

phil_trade wrote:

Jemook wrote:Ok so I just launched my first test batch for fun, woohoo! However, it says AUDUSD is TMA = buy but price is at the top TMA on H1 and H4 and it should be at the bottom TMA band. Looks like a whoopsie Steve? What do you reckon.

All is correct at home : same trade possible with V1,V1b and V1c
only sell GBPJPY and sell GBPUSD

do you confirm Steve analyse Jemook :

For the buy trade:
- Scenario 1): market hits the bottom H1 TMA, so it has retraced and we can wait for it to reach the 5.1 on its way back up.
- Scenario 2: market has reached the upper H4 TMA band and so has risen a long way. It needs to fall back below the 5.1 before it can be considered to have retraced sufficiently to be tradable.

Yes Scenario 1 is for a BUY price needs to be at the BOTTOM H1 or H4 TMA.
Scenario 2 is for a SELL price needs to be at the TOP H1 or H4 TMA.