is not strange,you are behind TMA, so seriously and interestingly (though it is not bad one and it is a nice indicator) when you have and you can have better than this....can i ask what specialty is in it that no other indicator can do it...so that i can get advantage of it too...thanks
Its the whole pattern , everything makes sense in a way , if the market penetrates the upper band for example you go for a sell and it follows until it breaks the lower band so it is like a pinball between lines.
So for example if you are in a buy and the market jumps up lets say 50 pips and reached the upper band you firstly have the 50 pips gain and go for a sell directly after the bar touched the band so you get a 50 pips on the way down as well .
So it isnt like other indicators that changes colour on trend change because it would have changed the colour to a buy on the bar the 50 pips jump is and alert you to go for a buy the bar after and then the market maybe goes for a 50 pips drop directly after and alerts you for a sell after that 50 pips as well , so you misses the jump of 50 pips on the market and looses 50 pips on your sell . so you are always going to be a bar to late in most cases , but if you always trade against the market with a good indicator that can be trusted on you will always have the upper hand. thats why i searching every waken minute to find something that can replicate the results of the tma centered , and thats why i am obsessed with my request that i made to make the caterpillar indicator ( ssa bands) to a endpoint indicator because if it looks somewhat close to the ssa calculated caterpillar band thats good + it havnt been done before , just like the smoothed ketler channel so anything that its new and worth trying is good.
Hope you understand
So for example if you are in a buy and the market jumps up lets say....................................... , just like the smoothed ketler channel so anything that its new and worth trying is good.
thanks for detailed answer,i am trying to look and understand inside your logic.....and will read all your previous posts/reply, again, for to better and exact understand.
please up load your demonstrating picture
Added the arrows on the exact bar you would entry a buy or sell , made a mistake on 1 arrow , but you see what i mean
Made a quick calculation on the pips gained and thats 1701 pips in 14,5 / 15 days on 1 chart alone , if you use 15 min charts there could be even more. I havent counted the spread in my calculation so you know
And that my friend is why i want to make the same results with a nrp indicator
Since that indicator recalculates, those arrows should not be considered as valid signals
mrtools can you please add to the alert timeframe? Cuz when it gives a signal it doesn't show TimeFrame.
Oh no, long time ago (in my short trading life) I used in real account a system called MHDMT. I didn't noticed that it is centered TMA and it is exact your concept. I counted the pips offline, watched it online a bit and there was everything fine so far in a ranging market and I was happy till I entered a position. My preparation was quiet zero and my risk to high from my point of view today. I classic noob trap. The price touched the lower band, I went Buy and price started a heavy rally - against me. The TMA just repainted happily its bands as though nothing had happened.
i agree with you more than 101%,same was happen with me long ago when i was started dreaming,i don't remember the name of that indi,but i was saying it my life at that time,lol....same way its arrows once print at some place then jumping like frog with the price.and fewer times arrow was not replacing its place but mostly.....i am seeing my brother Timmy last two days,insisting for tma.
if i am not mistaken,what i see by your demonstrating picture and your saying,you are interested in arrows only,you want sell and buy when arrows print at some point...so you don't have interest in TMA .right ? please correct me.
i am sure,you had tested arrows already,are you sure,arrows not replacing their first place ?..............also BOSS so many times clearly told/warn you....a person should take stand on strong base......but you can experiment on any thing.
if only matter is about bands,then look at picture,more smooth and price contacting than tma....and for arrows...so many other NRP arrowing indicators.
all in all i am not feeling easy with your tma based printed arrows with out hurt you,please don't mind it....thanks
of course i know that the Tma recalculates , the first indicators that i tired in the forex market was centered tma and regression channel .
Im not saying that the Tma centered is a good indicator because its not but i like the logic behind it ( the pinball effect between 2 lines ) and if its able to make a indicator that follows the market as a new loaded centered tma chart that havnt started to repaint yet that would be incredible good !
So now my ideas is the endpointed Ssa indicator ( caterpillar ) and maybe a smoothen ketler channel if you have any other ideas dont be afraid to write them