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Thread: Tma + cg

  1. #1
    Senior Member
    Join Date
    Oct 2011
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    Tma + cg

    Hi guys,

    here I post the TMA+CG band indicator, You can see how it looks like on the screenshot below:

    Tma + cg-tma-cg.jpg

    Download: TMA+CG.mq4

  2. #2
    Junior Member
    Join Date
    Nov 2011
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    20

    Tma + cg

    Hi Ziemo

    Thank you for this indicator
    Great one.

  3. #3
    Senior Member
    Join Date
    Dec 2011
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    199
    can you describe formulation of this? i was wondering if its a volume or time weighted average price/ moving average With the deviations. i tried comparing it to the mt4 envelopes and the difference was very distinct. great indicator. Also, i would like to ask if you adjust the standard deviation settings depending on the currency pair to capture about 97-98% of the price action w/in the bands. thanks

  4. #4
    Junior Member
    Join Date
    Nov 2011
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    It is question for Ziemo.
    He gave this indy out.
    I have no idea how it works.
    I use it always and still can not belive that it is so good.
    That is the only problem for me.
    Just incredible. No indicator that I know comes close to this one.
    With some trending indicator it may do magic in trending market.
    In sideways it stands all alone and majestic.
    I agree with you.
    This is very very very very very indicator that amazes me every day of trading.

  5. #5
    Senior Member
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    Dec 2011
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    yeah it looks like the envelope of a TWAP Time Weighted Average Price (the MA's that banks use). it is awesomer than the bollinger band. i can say that much. hello ziemo id just like to know what composes this indicator how i it formulated and stuff. thanks.

  6. #6
    Wizard
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    Oct 2011
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    nopi:
    not sure actually about the indicator used, but from the code its not a triangular moving average, rather something weighted as you say.
    I have found this regarding the TWAP: http://www.tradestation.com/educatio...-average-price
    cheers,
    kor4x

  7. #7
    Junior Member
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    Jan 2012
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    what does blue and red crosses indicate in upper and lower bands indicate?

  8. #8
    Junior Member
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    Apr 2012
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    1

    Unhappy TMA+CG indicator on XAUUSD

    Hi guys,

    sorry for the request but i'cant load on my MT4 version 392 of GoMarkets broker..

    the platform became in not responding state and i must crash/close it..

    specify i applicate that indicator on XAUUSD chart TF15 whit no others indicator but only TMA+CG.

    why? please help me..

    Regards
    JJLKAZZARD

  9. #9
    Senior Member
    Join Date
    Nov 2011
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    128

    Wonderful

    Thank you Ziemo.
    As usual I been fiddling and found this.....
    Attached Files Attached Files
    iTrader777 and dadik like this.

  10. #10
    Senior Member
    Join Date
    Nov 2011
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    128

    Lets test this M5.....

    If you use a 5 digit broker change in settings 25 to 250.......
    Attached Thumbnails Attached Thumbnails Tma + cg-cogm5.jpg  
    Attached Files Attached Files

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