Hi, I have this TMA Indicator for the MT4 platform,
that I use to find the extremes area's (See marked blue boxes), this works well on the higher time frames.
I think it repaints, but this is no problem on the 4hr and higher where I use it.
Is it possible to code this for the Sierra charts?
On the Picture below you will see the combination of two TMA indicators at work.
Thanks a lot,
This can be done quite easily in Sierra Charts.
I don't know what TMA is, but in general you can transfer any indicator or study from one chart to the other by means of the STUDY/PRICE Overlay study.
In attached chart 1, FGBL 240 min with Keltner channel, the study/price overlay refers to Keltner channel of chart 2 FGBL day.
Hello Jaap, Thanks for your reply, and I am aware of your suggestion. but it is not what I meant, I was trying to find a TMA indicator with bands. It`s called TMA, but has nothing or nearly nothing to do with the Triangular moving average we have in the sierra indicator list.
It`s a channel with upper, middle and lower band.
The post in the link below shows screenshots how it looks and how it`s coded for metatrader4
forexfactory.com/showthread.php?p=6609629#post6609629
At the end of the post it`s the TMA.mq4 I`m interested in.
BTW. Im not interested in this trading system, just in this TMA-Channel.
I know it recalculates but on the higher time frames it gives great area's to trade from. Thanks a lot!
Nicolaas
I've checked mq4 source code and it's not simple 3 TMA with different periods/timeframes. Center line is some sort of TMA but upper and lower band are based on ATR calculation. Let me know to PM if you need more help.
