Triangular Moving Average (TRIMA) is a moving average based indicator that is essentially a double smoothed Simple Moving Average that smooths out the data so clear trade signals are present during periods of volatility.
Supported license & Trade types
Supported Trade Types
The Triangular Moving Average (TRIMA) is an average of an average, of the last N prices (P).
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 TRIMA values.