Thus, the optimal moment to open a successful position is the moment when the flat in the market is replaced by a trend. Thanks to the price channel displayed on the screen by the considered algorithm, the trader is able to identify the emergence of a new trend with maximum accuracy. Triangular Moving Average builds a channel, the boundaries of which are twice smoothed moving averages, which allows you to clearly determine the movement of the market. At the same time, the indicator has advanced parameters, including the alert system and the MTF function.
Time Frame. This parameter is responsible for the time interval at which the formation of the price channel will take place. This parameter is responsible for the type of price level that the algorithm will apply to perform all necessary calculations. Bands Deviations. This parameter is responsible for the distance between the main curve and the additional ones. The optimal value of this parameter is determined experimentally, depending on which trading style you prefer. When I put them on the chart, almost all of them presents a different picture.
See, charts below;. Latest posts. Is there an MT4 version of Chande's variable moving average? Last post by mrtools Thu Mar 24, pm. Last post by forexeas Fri Jul 02, am. What are the "40" All Averages filters? Last post by Jimmy Mon Mar 28, am. Any one know who these guys are?
Are they still alive? I'm curious about their story. Tradehunter , Sat May 28, pm. Hi MrTools, Could you please make ionone's indi mtf?