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Apply a Triangular Moving Average (TMA) Indicator

The Triangular Moving Average is basically a double-smoothed Simple Moving Average that gives more weight to the middle section of the data interval. The TMA has a significant lag to current prices and is not well-suited to fast moving markets.

TMA = SUM (SMA values)/ N Where N = the number of periods.

To apply a Triangular Moving Average Indicator

  1. From within a chart, from the Edit menu select Studies.
  2. Choose Triangular Moving Average and click Add to add the study to the Applied Studies group.
  3. Complete parameters as necessary.

Once the study is defined, you can elect to uncheck/check to remove and add the study to your chart.

Important Disclosures