Needs help with an MT4 trend indicator...TMA - NinjaTrader Programming | futures io social day trading
futures io futures trading

Needs help with an MT4 trend indicator...TMA
Updated: Views / Replies:4,939 / 5
Created: by raindrop Attachments:2

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 100,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Thread Tools

Needs help with an MT4 trend indicator...TMA

Elite Member
Futures Experience: Beginner
Platform: NinjaTrader 6.5
Posts: 18 since Mar 2010
Thanks: 13 given, 1 received

Needs help with an MT4 trend indicator...TMA

Hi All,
I am reaching out to this online community to see if someone can help me converting an indicator to NinjaTrader platform.

I have found this little MT4 indicator which seems to be helpful in identifying the trend. It is called TMA (tunnel moving averages?) I am not sure if NinjaTrader has any similar indicator or not. I have looked at Keltner Channel indicator but it is too choppy as compared to this TMA indicator.

Explanation: As I understand this indicator consists of 3 parallel bands. Middle band is a LWMA (Linear Weighted Moving Average) which is typically set at 56 LWMA and outer bands are 2xATR(100). It would be great if some can point to a similar indicator on Ninjatrader or can code this to NinjaTrader in his spare time.

I am attaching a screenshot and MT4 code with this post.

Attached Thumbnails
Needs help with an MT4 trend indicator...TMA-tma.jpg  
Attached Files
Register to download File Type: zip (2.2 KB, 78 views)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

Market Wizard
Futures Experience: Intermediate
Platform: ninja
Favorite Futures: ES
cory's Avatar
Posts: 5,491 since Jun 2009
Thanks: 641 given, 6,791 received
Forum Reputation: Legendary

The following 3 users say Thank You to cory for this post:
Elite Member
Futures Experience: Beginner
Platform: NinjaTrader 6.5
Posts: 18 since Mar 2010
Thanks: 13 given, 1 received

Thanks for a quick helpful reply. The MA envelope indicator is very close to what I was looking for. I am tinkering with settings to see if I can fie tune it. It seems to be very flexible indeed.


Elite Member
Futures Experience: Advanced
Platform: Ninja Trader
Broker/Data: Zen-Fire
Favorite Futures: CL and ES
Posts: 715 since Apr 2010
Thanks: 3,738 given, 666 received

Hi RainDrop

What settings have you found to be of higher probability to give you better win/loss ratio


Elite Member
Futures Experience: Beginner
Platform: NinjaTrader 6.5
Posts: 18 since Mar 2010
Thanks: 13 given, 1 received

sharmas View Post
Hi RainDrop

What settings have you found to be of higher probability to give you better win/loss ratio


I don't think this MA envelop alone can make profitable trades possible. It is just one of the pieces of a trend following system and I hope it would help in recognizing the breakouts & pullbacks.

Having said that, I have used this indicator with EMA 30 as the center MA with 2.5ATR envelope with promising results on a 30 minute Forex chart. YMMV



futures io > > > > > Needs help with an MT4 trend indicator...TMA
Thread Tools

Upcoming Webinars and Events (4:30PM ET unless noted)

July Journal Challenge - $500 in Amazon Gift Cards!


Current Events in Commodity Markets: Influence & Crowd Psychology w/IQFeed

Jul 12

AXESS Trader: Powerful cloud Based Trading Platform w/GFF Brokers

Jul 17

TBA: FuturesTrader71 w/Morad Askar

Elite only

Similar Threads
Thread Thread Starter Forum Replies Last Post
VSA indicator for MT4 sam1197 MetaTrader 12 December 21st, 2015 07:15 PM
Converting mt4 indicator ? tradingstarpro MetaQuotes MetaTrader MQL Programming 8 May 26th, 2015 01:14 PM
MT4 ordering appl. , range chart for MT4 ,Is there such an animal ? Manfred MetaTrader 3 May 22nd, 2011 10:29 AM
Convert MT4- Indicator-Help : Easy Trend Visualizer Rickb The Elite Circle 4 May 31st, 2010 07:18 AM
Converting Indicator From Mt4 to Ninja tradingstarpro NinjaTrader Programming 4 May 3rd, 2010 12:25 AM

All times are GMT -4. The time now is 11:53 PM. (this page content is cached, log in for real-time version)

Copyright © 2018 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432,
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2018-07-13 in 0.10 seconds with 15 queries on phoenix