TMA channel (lirshah)
The triangular moving average (also known as the TMA) is similar to other moving averages in that it shows the average price over a specified number of bars.
The purpose of the triangular moving average is to double smooth the price data, which will produce a line on your chart which doesn't react as quickly as an SMA would.
this channel has been plotted based on TMAs and can easily show trends and important key levels.
The purpose of the triangular moving average is to double smooth the price data, which will produce a line on your chart which doesn't react as quickly as an SMA would.
this channel has been plotted based on TMAs and can easily show trends and important key levels.