System is based on TMA Bands + OSMA + EMA Zone. Signal is generated when:
- price recently touched lower or upper band - price is crossing EMA Zone - OSMA is aligned in direction of trade to be taken
Natural Target would be opposite band set by TMA.
Notes de version
⋅
Corrected accuracy of signals - now signal is valid only when OSMA very recently moved from opposite value (in case of Long from negative to positive and in case of Short from positive to negative)
Notes de version
⋅
Modified calculations of TMA and Bands
Notes de version
⋅
Added 2 modes possible to be enabled of coloring chart based on OSMA values - either colour bars or add backgrounf
Added switcher to calculate different MA Types for signals - currently possible are EMA (default) and VWMA
Czy ten wskaźnik lepiej działa na przedziale 1min czy 5min? Czy warto nałożyć jeszcze jakiś filtr np. położenie ceny względem średniej (jakiej?) lub punktów kierunktowych (pivot)?
Does this indicator work better in the 1 min or 5 min range? Is it worth applying an additional filter, e.g. the location of price/avg (what?) or pivot points?
This is easily one of the best beginner friendly, non-traditional, accurate indicators out there. TMA and OSMA is literally what first made me profitable. Great Job and thanks!
Does this indicator work better in the 1 min or 5 min range? Is it worth applying an additional filter, e.g. the location of price/avg (what?) or pivot points?