Technical Indicators
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Triangular Moving Average (TMA)
The Triangular Moving Average is a trend indicator that has been averaged twice. That is, it is the simple moving average of a simple moving average. This creates a very smooth moving average that doesn’t react quickly to market volatility, therefore, filtering out the noise of the price and pinpointing the main trend of an asset. Like a standard SMA, this indicator to spot trends and trend reversals. It is done by crossovers between a fast and a slow moving average. In this way, when the fast moving average crosses the slow one upwards, the price can be starting a bullish trend and it generates a buy signal. When the fast moving average crosses the slow one downwards the opposite happens, the bears are in charge and it a sell or short in open.
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