TMA Slope

v10.3
TMA Slope

The TMA Slope oscillator is a simple slope of a Triangular Moving Average compared and normalized with the Average True Range of the last 100 periods (default setting).

This specific version add 2 triggers to give trading signals according to the slope:

  • Above superior trigger, the trend is bullish, so trading is “Buy Only”
  • Below inferior trigger, the trend is bearish, trading is “Sell Only”
  • If the slope is included between these 2 levels, the market is probably ranging and no new orders should be initiated

These trading signals should be compared between different timeframes (attached examples), for a better accuracy.

Converted from an MT4 indicator, by a request in the English ProBuilder forum.

 

Share this

Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

ProRealTime ITF files and other attachments : How to import ITF files into ProRealTime platform?

PRC is also on YouTube, subscribe to our channel for exclusive content and tutorials

  1. Toto le Heros • 10/31/2017 #

    Tx Nicolas. Looks very interresting. No text display on my charts. Any specific option to tick somewhere on the PRT interface to have it displayed or … ?
    Tx again and in advance.

    • Nicolas • 10/31/2017 #

      Be sure to have these settings set with these values:
      //edblHigh1 = 0.04
      //edblLow1 = -0.04
      (not sure if it’s the case in the ITF file..).

    • Toto le Heros • 10/31/2017 #

      Ok, got it ! Great ! Tx

  2. crolakstrading • 10/31/2017 #

    Hi Nocolas.. I’m really bog fan of this indicator! is there any possibility make this indicator works on the chart itself… i mean changing colours on the candle stick according to the indicator??

  3. crolakstrading • 10/31/2017 #

    Hi Nicolas.. I’m really big fan of this indicator! is there any possibility to make this indicator works on the chart itself… i mean changing colours on the candle stick according to the indicator??

    Sorry for the typo above and thanks in advance.

    • Nicolas • 10/31/2017 #

      Yes, that’s possible. Please open a new topic in the forum.

  4. crolakstrading • 10/31/2017 #

    Just saw your reply thank you!! I will open up a new topic!!

avatar
Register or

Likes

avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar

+3 more likes

Related users ' posts
Nicolas Simple strategy with this indicator is available here: https://www.prorealcode.com/topic/ut-...
FXtonio Nicolas.... MERCI 1 millions de fois, cet indicateur gagne dans 75% des cas en scalping m1 ...
davy42 bonjour, à quel moment apparait le fleche, à l'ouverture ou la fermeture de la bougie? merci
Nicolas
7 months ago
Anthony2A Bjr, j ai des erreurs sur la ligne 69, 74, 78 et 80. sur drawcandle drawtext et endif. si ...
Lucas0000 Hello, Congratulations on this programming, it seems incredible to me, I am new to this but ...
plbourse Hello, I am trying to use this singal (in fact I have converted it to an indicateur giving B...
FXtonio @RICOU en 1 minutes avec un filtre de tendance ZLSMA 200 et eventuellement un rsi 7 , 69% de...
JC_Bywan For people interested in the screener: https://www.prorealcode.com/topic/screener-buy-sell-m...
octum Gracias NJicolas. Las lineas 35 y 36 dan fallo. (¿Es adrede para iniciados?) Puedes co...
YvesRobert Bonjour Nicolas, concernant cet indicateur j'ai voulu l'utiliser mais il commence à tracer l...
Nicolas Je ne rencontre pas ce problème avec le NASDAQ par exemple, ce serait plus simple d'ouvrir u...
YvesRobert Bonjour Nicolas, en effet ca marche, je me suis trompé, j'ai bien tout le tracé. C'est parce...
zilliq Thanks @Nicolas. I tried to use it as Trend in a proorder system, but don't know why, it doe...
Suzu Yuk He is right. MT and mavgMT are not defined and causing errors.....
venugopal Hi Nicolas, Thanks for this code. Is it possible to build a screener using this indicator?. ...
Nicolas It has been done in that topic. Enjoy.
Abouadam2 EFFICACE
Manu L. Bonjour Nicolas, j'ai créé un screener avec l'aide à la prog en TF weekly mais je voudrai...
wtangsiri C'est exactement le même signal que donne le croisement et le décroisement de deux EMA (7 et...
PHAN100 bonjour, j'ai un bug sur le programme recopié prorealtime me dit qu'il y a un problème à ...
Nicolas Please open a topic in ProScreener forum with your query, I'll reply you there. Thank you.
manafull Thanks Nicolas, I post my question, along with the codes I am trying to convert from your in...
Nicolas I replied to your post here: https://www.prorealcode.com/topic/screener-for-rsi-and-linear-r...
Nicolas le code est déjà sur cette page, inutile de fournir un autre format ?! Les fichiers itf sont...
Novice-Surfer Hello IV Mcm, You are my leader ! Your work is incredibly precise, thank you very much f...
Mikolajek Merci pour votre excellent travail !
Nicolas Pour créer des alertes, vous pouvez suivre ce petit tutoriel : https://www.prorealtime.com/f...
thibault76 Bonjour Nicolas, cette stratégie est intéressante. Par contre, en 2022, le code ne fonction...
Nicolas Aucun message d'erreur pour ma part en version 11.1. Tu es certain de créer un code d'indica...
Ludwig Bonjour Merci pour le code, je souhaite intégrer un break even et mette en place un réinves...
superfalcio hello, this strategy is pretty interesting, anyway on index after diferent suggestion and im...
Fralex Hello everyone I optimized the original “LongOnly-DAX-4H-TMA-Channel” algorithm over a pe...
Denis Hello Nicolas, Thank you and congratulations for your work. The entry signals seem interes...
mia Bonjour j'arrive pas a integrer l'indicateur sur mt4 comment faire svp mercii
Nicolas Il ne s'agit pas d'un indicateur MT4, je vous suggère d'utiliser ProRealTime qui est une mei...
Nicolas No mistake, few signals.
dawn168 Nicolas, I cannot get this one to work on tradingview. Got the following error message. Can ...
Nicolas There is no code for Tradingview on this website.
Dom Hello, hello....je commence le trading et découvre par la même occasion le codage....et ce n...
Nicolas Merci, ça fait plaisir !
Be-n Bonjour tout le monde ! Dans l'indicateur de tendance, j'ai du mal à saisir la nuance entre ...
darbes Hi How does it go on live ? JC
antonio73 Balmora74, io vedo che funziona anche su timeframe ad 1 minuto con piccole ottimizzazioni, t...
Juananantoniorodriguez hola buenas, a este sistema automático, Cómo se le podría poner un stoploss de beneficio sim...
Nicolas change the lastline with: RETURN lastsig and check if lastsig change its value with the a...
nectouxg Hello Nicolas, I will try tonight when I get home, just one last question, I trade the DA...
FXtonio Bonjour, j'ai un problème avec le code, il me dit que ce n'est pas correct ligne 26-27-28: ...
lokbuscas is it possible to make a screener with this conditions??? thank you
achel I believe so but I leave it to Nicolas to decide if it is possible
Nicolas Please open a new topic in the screeners forum
cfta Hi Fulvio, many thanks for sharing this clever indicator, much appreciated. As Pepsmile ment...
cfta Sorry adding the PRT to code didn't work in the above comment so I guess we will have to set...
juanj Something appears to be wrong with this formula as graphing t shows t to almost never be wit...
Domenec Claro Juanjo de todas maneras en deinversoratrader.com tienes estsos osciladores evolucionad...
Dron Hola Domenec, en la descripción hablas del indicador velas de colores, no lo encuentro en la...
Domenec Hola Dron mira en el blog deinversoratrader.com en formacion indicadores ahi hay varios grat...

Top