TEMA horizontal shifting

[Sid47]

Hello everyone,

I am practicing on MT5 where I can use TEMA (Triple EMA) indicator with negative horizontal shift (i.e. -2 or -3). Attached is an example.

However, I cannot use the same indicator setting on IG MT4 or PRT.

Can anyone advise how I can fix this or any alternative solution?

Thanks

[Caseynotes]

2 minutes ago, Sid47 said:

Hello everyone,

I am practicing on MT5 where I can use TEMA (Triple EMA) indicator with negative horizontal shift (i.e. -2 or -3). Attached is an example.

However, I cannot use the same indicator setting on IG MT4 or PRT.

Can anyone advise how I can fix this or any alternative solution?

Thanks

Hi, IG are working on providing MT5 but not likely to be imminent. There is software available to convert MT5 to 4 and vica verca but wouldn't advise, they generally need a complete re-write.

You are better off googling for a mt4 download of TEMA, there should be plenty around.

[Sid47]

10 minutes ago, Caseynotes said:

Hi, IG are working on providing MT5 but not likely to be imminent. There is software available to convert MT5 to 4 and vica verca but wouldn't advise, they generally need a complete re-write.

You are better off googling for a mt4 download of TEMA, there should be plenty around.

Thanks, I will google it.

The problem is that even IG PRT (which is a very nice platform) is not providing this indicator settings. I cannot wait for IG to provide MT5.

 

[Caseynotes]

1 minute ago, Sid47 said:

Thanks, I will google it.

The problem is that even IG PRT (which is a very nice platform) is not providing this indicator settings. I cannot wait for IG to provide MT5.

 

when searching don't confuse tema with tma which is a triangular ma and is closer to a smoothed ma or with a 'centered' tma which is re-calculating (re-painting).