NexusFi: Find Your Edge


Home Menu

 





TMA bands (POST re-paint)


Discussion in Traders Hideout

Updated
      Top Posters
    1. looks_one ChiagoBear with 3 posts (0 thanks)
    2. looks_two hedgeplay with 1 posts (1 thanks)
    3. looks_3 trendisyourfriend with 1 posts (3 thanks)
    4. looks_4 Conceptzx with 1 posts (0 thanks)
    1. trending_up 361 views
    2. thumb_up 4 thanks given
    3. group 4 followers
    1. forum 4 posts
    2. attach_file 2 attachments




 
Search this Thread

TMA bands (POST re-paint)

  #1 (permalink)
 ChiagoBear 
Chicago, IL
 
Experience: Intermediate
Platform: NinjaTrader
Trading: Futures
Posts: 3 since Dec 2022
Thanks Given: 2
Thanks Received: 0

Hello,

Are there any indicators out there that would mimic TMA bands without the repainting? I have a strategy that was really solid scrolling back to the left using TMA bands and several other indicators, however, when I jumped into market replay to work on taking the trades it in real time, I quickly found out that the TMA bands shift/re-paint constantly. My strategy relies on price action going above/below the TMA bands (amongst other things)...so in real time I see price action close a candle above/below the bands, but then 10-15 bars later, the bands repaint/shift and price action will be in the middle of the bands.

So essentially at the end of the trading session, the TMA's are PERFECT for my strategy, but in real-time, they suck!

Any help/suggestions would be greatly appreciated!

(edited to clean up my sloppy typing)

Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Better Renko Gaps
The Elite Circle
Cheap historycal L1 data for stocks
Stocks and ETFs
REcommedations for programming help
Sierra Chart
ZombieSqueeze
Platforms and Indicators
What broker to use for trading palladium futures
Commodities
 
  #2 (permalink)
 hedgeplay 
Austin Texas / US
 
Experience: Intermediate
Frequency: Several times daily
Duration: Seconds
Posts: 176 since Dec 2019
Thanks Given: 145
Thanks Received: 211


ChiagoBear View Post
Hello,

Are there any indicators out there that would mimic TMA bands without the repainting? I have a strategy that was really solid scrolling back to the left using TMA bands and several other indicators, however, when I jumped into market replay to work on taking the trades it in real time, I quickly found out that the TMA bands shift/re-paint constantly. My strategy relies on price action going above/below the TMA bands (amongst other things)...so in real time I see price action close a candle above/below the bands, but then 10-15 bars later, the bands repaint/shift and price action will be in the middle of the bands.

So essentially at the end of the trading session, the TMA's are PERFECT for my strategy, but in real-time, they suck!

Any help/suggestions would be greatly appreciated!

(edited to clean up my sloppy typing)

Harry's LizardIndicators (dot) com ... ama Linear Regression Bands are similar to what a non-repainting TMA would produce.

Hedge

Reply With Quote
Thanked by:
  #3 (permalink)
 
trendisyourfriend's Avatar
 trendisyourfriend 
Quebec Canada
Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader
Broker: AMP/CQG
Trading: ES, NQ, YM
Frequency: Daily
Duration: Minutes
Posts: 4,527 since Oct 2009
Thanks Given: 4,176
Thanks Received: 6,020



ChiagoBear View Post
Hello,

Are there any indicators out there that would mimic TMA bands without the repainting? I have a strategy that was really solid scrolling back to the left using TMA bands and several other indicators, however, when I jumped into market replay to work on taking the trades it in real time, I quickly found out that the TMA bands shift/re-paint constantly. My strategy relies on price action going above/below the TMA bands (amongst other things)...so in real time I see price action close a candle above/below the bands, but then 10-15 bars later, the bands repaint/shift and price action will be in the middle of the bands.

So essentially at the end of the trading session, the TMA's are PERFECT for my strategy, but in real-time, they suck!

Any help/suggestions would be greatly appreciated!

(edited to clean up my sloppy typing)

I created a version which does not repaint. This is a modified version of the TmaBands created by another member. Once installed, you'll find it in a folder named "infinity" where the original indicator has been renamed TmaBandsNoRepaint.

TmaBandsNoRepaint

Attached Files
Elite Membership required to download: TmaBandsNoRepaint.zip
Reply With Quote
Thanked by:
  #4 (permalink)
 ChiagoBear 
Chicago, IL
 
Experience: Intermediate
Platform: NinjaTrader
Trading: Futures
Posts: 3 since Dec 2022
Thanks Given: 2
Thanks Received: 0


trendisyourfriend View Post
I created a version which does not repaint. This is a modified version of the TmaBands created by another member. Once installed, you'll find it in a folder named "infinity" where the original indicator has been renamed TmaBandsNoRepaint.

TmaBandsNoRepaint

Thanks, mate! I'll check that out when I get back from holiday! Happy New Year!

Started this thread Reply With Quote
  #5 (permalink)
 ChiagoBear 
Chicago, IL
 
Experience: Intermediate
Platform: NinjaTrader
Trading: Futures
Posts: 3 since Dec 2022
Thanks Given: 2
Thanks Received: 0


hedgeplay View Post
Harry's LizardIndicators (dot) com ... ama Linear Regression Bands are similar to what a non-repainting TMA would produce.

Hedge

Thanks, mate! I'll check that out when I get back from holiday! Happy New Year!

Started this thread Reply With Quote




Last Updated on December 31, 2023


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts