It is combining 4 time frames parabolic SAR, so it is not repainting in a classical way but since it is using different time frames it must change the values backwards for all bars belonging to a target time frame current bar. So, since it is giving signals be careful how you use them since they may change due to multi time frame nature of the indicator
can someone give me some advice for the attached indicator?
What do you think About it?
I don't know if it repaint or do something strange.
I can do that but than it would be making it a "signaling mode" indicator. Did you read the original post (this one : https://www.mql5.com/en/forum/general ) about the recalculating nature of the centered TMA?
In my opinion making it a histogram version would cause significant misleading sometimes.
Let me know what you think
Would you please be kind enough to make a histogram version of your "T3 tma combination" when you have a moment please?
Thanking you in advance.
No thanks Mladen
Good morning Mladen,
No thanks, there is enough confusion already and one more will certainly send me to the madhouse.
Thank you for your time and expert advise. It is always good.
Indicator with non standard TF?
all know the possibility to convert the TF chart in a non standard TF like 2 min , 17 min, 5 hr brought many Indicator.
But i ask if there is the possibility to set the TF of an MTF indicator how non standard.
If i have a chart with set 30 min TF there is the possibility to attach on it an MTF indicator set with non standart TF?
I hope I was clear.
Sorry for my English
Some custom time frames conversions are possible, some others are not
For example, 2 minutes time frame you aske is possible but 17 minutes one is not. 2 minutes is possible since it can be started always from a same point (the tart of the bar is always at 0 minute, 2 minutes, 4 minutes, and so on ...) 17 minutes bars can not be done that way and that would make them a repainting data since the start would always vary
Some more info about using non-standard period you can find here : https://www.mql5.com/en/forum/173507
Thank you for your reply,
So it is possible to add in all type of indicator a Non Standard Multitimeframe based on immission of a Multiplier according with rules : the multiplier must be a dividend of standard TF of MT.
Example in 1 min chart i can use only (1,2,3,5,6,10, etcetc.)
Yes, it is right
Just one thing that maybe needs clarification : it is how metatrader 4 stores historical data. It is simple : symbol name+period(in minutes). So, if you would have EURUSD than you would have to have EURUSD1, EURUSD2, EURUSD3, EURUSD4, EURUSD5, EURUSD6, EURUSD10 ... and so on in the history\ folder, and as long as the symbol name is not changed (from the period converter) you could even use those non standard time frames from iCustom()
What you can not do is to backtest the custom time frames (they - the metatrader does not allow that)
I guess that at least 100 times I told already that I regret that I made centered TMA.
So many magic tributes assigned to it that it seems as a disease - and all I tried is to help people reading Brian Millard and J.M.Hurst books about cycles. Instead we are having zillion attempts all around the net to use it exactly the way those two never though it should be used.
Of the rest going around "TMA" (since people do not want to know the difference between TMA (triangular moving average - that never recalculates) and centered TMA (that recalculates)) not even worth talking : we are having "Solar wind" believers, "TMA" believers ... as if we are talking about religion not technical analysis :)
Adding o that...
I am having a good laugh reading your reply, Mladen.
Could we add "Hodrick Prescott Filter noLambda" to that list?
Thanking you for not "losing it" with all the questions being asked.
Cap in hand...
I come with my cap in my hand asking if you would be kind enough to make me the Histogram version anyway, please.
If I land in the "nut-house" it will not be your fault.
Thanking you most sincerely.