It is at this post : https://www.mql5.com/en/forum/173470/page3
"Keltner channel oscillator for Metatrader 4"
Tma Slope Nrp
i am looking for a nrp version of TMAslope ...unfortunately i only have an TMAslope which is based on TMA (repainting)...does something similar exists for the TMAtrue (NRP) version of TMA? if you google it you get no results...maybe it is known with a different name.....it is mainly for backtesting purpose as TMA (RP) is not suitable for backtesting as it repaints the last 50 bars or so
i found a MACD based on TMA..it has an option TMAtrue option ...maybe it helps
Got this one was an accident, meant to only draw one arrow as slope ended and started, was going to make it right but the more i looked at it the more i liked it anyway its based on nrp Tma.
ps) btw want to add this version not a real slope its more of a Tma Macd.
That was nice accident mrtols
thanks mrtools... ...but i still look for the slope thingy which only indicates the cycles when tma is sloping up or down i guess
Need help Identifying Expert Advisor
Can someone help me understand the purpose of this EA and whether or not it was meant to run live?
TMA slope ...
This one would be that : it shows only the slope of TMA (triangular moving average - the "regular" one not the centered version).
But if you are looking for cycles, TMA is not meant to identify cycles. TMA is data smoother, For finding cycles in some data, other ways are used. Fourier transform is the most usual way (thread about it can be found here : https://www.mql5.com/en/forum/178842 ) Goertzel algorithm as a sub-set of Fourier transform and some similar. So, if you are after cycles tma should not be used. If you are after "trend detection", tma (the regular TMA) is as good as most of the averaging modes of finding trends
This EA backtests with unrealistic results.
can you please share the indicator that paints the price bar as green & red ?