Triangular Moving Average (TRIMA)

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.

Interface

Supported license & Trade types

Formula

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.

    TRIMA = (SMA1 + SMA2 + SMA3 + SMA4 + ... SMAN) / N

The TRIMA can also be expressed as:

    TRIMA = SUM (SMA values) / N

General Settings

Exchange Website to monitor
Currency Pair to monitor for trade signals
Update Speed
Trade Signals

Tip: The exchange doesn't have to be the same exchange you are currently trading on.

Indicator Settings

Short Length
- Represents the number of candles used for the shorter length calculation.
Long Length
- Represents the number of candles used for the longer length calculation.

Usage

Users should use this indicator during periods of high volatility, just like all the other moving average based indicators.