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TMA bands (POST re-paint)


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


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  #2 (permalink)
 hedgeplay 
Austin Texas / US
 
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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


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 trendisyourfriend 
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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


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Elite Membership required to download: TmaBandsNoRepaint.zip
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  #4 (permalink)
 ChiagoBear 
Chicago, IL
 
Experience: Intermediate
Platform: NinjaTrader
Trading: Futures
Posts: 3 since Dec 2022
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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!


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


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Last Updated on December 31, 2023


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