Triangular Moving Averages TMA formula is prepared on the Tradingview so that everyone can easly access. First, calculate the simple moving average ( SMA ): SMA = (P1 + P2 + P3 + P4 + ... + PN ) / N Then, take the average of all the SMA values to get TMA values. TMA = (SMA1 + SMA2 + SMA3 + SMA4 + ... SMAN) / N The TMA can also be expressed Source : Close if the prices are. tma crossover is an indicator created by 2 tma lines with default lenth of 30 and 5 candle shifting. both tma lines have 15 candle extrapolations, on bullish market the green line is located above the red line while on downtrend the green line moves below the red. source is open and free for all. This is a script based on the original TMA- RSI Divergence indicator by PhoenixBinary. The Phoenix Binary community and the TMA community built this version to be public code for the community for further use and revision after the reported passing of Phoenix Binary (The community extends our condolences to Phoenix's family. The intended uses are the same as.

View TMA divergence indicator.docx from PROG 5112 at Varsity College. / This source code is subject to the terms of the Mozilla Public License 2.0 at https:/mozilla .... tma crossover is an indicator created by 2 tma lines with default lenth of 30 and 5 candle shifting. both tma lines have 15 candle extrapolations, on bullish market the green line is located above the red line while on downtrend the green line moves below the red. source is open and free for all. The TMA bands is an indicator that I discovered on FXCM a few years ago FXCM TMA bands From the screenshot above, we see that when the price hits the lower band, it's a possible reverse BUY signal. When it hits the upper band, it's a possible SELL signal Methodology 1) The Take Profit 1 is the middle line, Take Profit 2 is the opposite band.
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