The Triangular Moving Average (TMA) is a study calculated as double-smoothed simple moving average (or SMA of SMA) of the price. The moving average is calculated for an interval being a half of the selected time period. This way, the emphasis is placed on the middle of the time period selected.
|The price used to calculate the average.
|The number of bars used to calculate the average.
|The displacement of the TMA study, in bars. Positive values signify a backward displacement.
|The Triangular Moving Average.
*For illustrative purposes only. Not a recommendation of a specific security or investment strategy.