Extreme_TMA_Line Strategy

[JOKER83]

REDRAW WORKS NOT CORRECT
THE STRATEGY MAKE TRADES NOT CORRECT

[mulligan]

Wanted to let you know that my testing of the strategy was done with redraw set to 'no'. I'm aware results are unpredictable with redraw on. The strategy behaves exactly the same with optional exit either on or off.

[BigFOX]

REDRAW WORKS NOT CORRECT
THE STRATEGY MAKE TRADES NOT CORRECT

Hello JOKER83,
"Extreme_TMA_Line" is different from "Extreme_TMA_Slop".

"Extreme_TMA_Slop Strategy" It would be good with exit neutral.

BigFOX

[LearningByDoing]

Extreme_TMA_Line Strategy.png

Open Long Trade
Green TMA line
Open Short Trade
Red, TMA Line

Exit (Optinal)
Close position on contrary color change, or to gray (neutral)
...

I expected the strategy to buy when the TMA line would go from grey to green and to sell when it would go from grey to red. Basically following the slope of the TMA line as I understand.

It's behaviour is different. It trades if price breaks the lines at the atr distance from the tma line.
how can I make it trade when the TMA line color changes?

thx in advance!

edit:
after looking a bit deeper into the re-draw issue, I have come to conclude that Signals from current indicator values are not reliable at all and not in line with the (redrawn) indicator on the chart (just try switching re-draw off in the indicator settings and you will see).
A solution would be a change to the underlying indicator(s)/the strategy to not use moving averages which re-paint (like the EMA used), but ones that dont. e.g.: LWMA (linear weighted moving average). The plotted curve would be a bit different, but the signals would be far more reliable.

Any thoughts on that?

[jaricarr]

Hi,

Looks like the strategy is ignoring all the trading parameters.

Thanks,

Jari

[Apprentice]

Try to set Redraw to NO.
If set to Yes, Indicator output and actual trade data will not coincide.

[jaricarr]

Try to set Redraw to NO.
If set to Yes, Indicator output and actual trade data will not coincide.

Thank You Apprentice

[jaricarr]

Hi,

Can you please make this strategy compatible with the Renko Chart please.

Thanks
Jari

[jaricarr]

[quote="filoo7"]Hi,

open long :
TMA grey to green
close long :
TMA green to grey

open short :
TMA grey to red
close short :
TMA red to grey

Hi Aprentice, is there a strategy with this logic ?

[patbateman86]

Hi.
i'm sorry for my english.

Is possible to create an expert advisor that uses language strings TMA EXTREME WITH ALERT .

INPUT FOR AUTOMATIC OPERATIONS TO BE INCLUDED :
OPEN POSITION long WHEN "END OF TURN"arrow IS UP.
OPEN POSITION short WHEN END OF TURN ARROW IS DOWN .

CLOSE POSITION WHEN A NEW OPPOSITE END OF TURN ARROW APPEAR.

STOP LOSS: INSERT VALUE
STOP PROFIT ( TRAILING STOP ) : INSERT VALUE

Thankyou so much
Matt