TMA Centered Asymmetric Bands Trading (2024)

Trendand reversal trading

Greatrepaint for trading

thank Mladen Rakic for the code he develops.

We would like to thank Alorente for an in-depth study of the Fast TMA Bands

The use of bands based on triangular moving averages has been the subject of my studies during this period. The Centered TMA bands are a trend indicator and so should be interpreted, when the price goes out of the bands there is a good chance that the price will reverse. It is carefully observed that centered TMAs always recalculate bandwidths. On this topic an interesting application based on FastTMA in multitime frames was proposed by Lorente on the Forex Factory Forum with fairly important documentation.

https://www.forexfactory.com/showthread.php?t=343533

Here we propose a trading based on an indicator developed by Madlen Rakic that attracted my interest TMA Centered Asymmetric Bands.

In order to evaluate the TMA Centered Asymmetric Bands I compared them on different types of graphs (renko, range and bar chart) with Fast TMA, TMA cg nrp and tma cg (Mladen 'indicators). The result of this research that I do not show here for obvious reasons was that the TMA Centered Asymmetric Bands are the most stable indicator in the sense that they repaint less, so it is easier to manage and you can set up interesting trading strategies based on this indicator.

The operational use that can be done with these bands is varied so I do not propose a strategy at the moment but I can say that it is also interesting to use them with Renko or Range bars. With these two types of graphs some arrow disappears sometimes but it can also be a good signal, so do not worry about it.

Experimental setup TMA Centered Asymmetric Bands for renko 14-21-28- 30. period range bars 14-21-28-30-34.

The operational signals on these types of graphics are very clean as seen from the images. On the Renko and Range bars charts the box setting in relation to the period of the TMA bands must be calibrated for each Currency pairs.

Simplified Lorente strategy with TMA Centered Asymmetric Bands Trading for intraday trading.

Simplified because the TMA Centered Asymmetric Bands are more stable than the fast TMAs. The trading rules are very simple with or without the TMA slope direction filter. which however can be added.

Alorente: "Ranging TMA (Slope between -0.30 to 0.30): Trades can be placed in both directions.

FAQs

What do the TMA bands mean? ›

The Triangular Moving Average (TMA) is a Moving Average that has been averaged again (i.e. averaging the average); this creates an extra smooth Moving Average line. Generally, moving averages are smooth, but the re-averaging makes the Triangular Moving Average even smoother and more wavelike.

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What is the TMA trend detector indicator? ›

Triangular moving average (TMA) indicator is a modified version of a moving average. Similarly to a common MA, triangular moving average is displayed as a simple line on charts. Triangular moving average is calculated as double-smoothed moving average of the price for the past N periods.

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What is the TMA strategy? ›

Using the Triangular Moving Average in Trading Strategies

Using the TMA in trading strategies typically involves estimating trend and average closing prices in order to make decisions accordingly. TMA is a great tool for traders looking to construct signals or locate risk-reward areas in their trades.

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What does the TMA award stand for? ›

The Tejano Music Awards (TMA) is an accolade created by former arts teacher and musician Rudy Trevino in 1980. The accolade recognizes outstanding performers of Tejano music, a German polka-based Latin music genre recorded in Spanish or English-language.

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What do you mean by TMA? ›

The full form of TMA is “Tutor-Marked Assignment.” This term is often associated with academic courses, especially in the context of distance learning and open education systems.

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What is the formula for the TMA indicator? ›

The triangular moving average (TMA) is a weighted average of the last n prices (P), whose result is equivalent to a double smoothed simple moving average: SMA = (P1 + P2 + P3 + P4 + ... + Pn) / n. TMA = (SMA1 + SMA2 + SMA3 + SMA4 + ...

What is the difference between EMA and TMA? ›

TMA – Tutor Marked Assignment – assignments throughout the module that are marked by your tutor. EMA – End of Module Assignment – comes in various styles but it is a more substantial piece of work at the end of the module which is not usually marked by your tutor.

What is the optimal trade entry strategy? ›

Optimal Trade Entries are just that; They represent the best places to get into a trade and they can be identified by utilizing the Fibonacci drawing tool. In most cases, an optimal trade entry will lie somewhere between the 61.8% and 78.6% retracement of an expansion range.

What is the turtle option strategy? ›

The Turtle Trading strategy is a rule-based approach that aims to eliminate emotions from decision-making. Traders strictly follow the rules, purchasing breakouts, and exiting trades during consolidation. Short trades can also be executed using the same principles.

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What is the MGMT 731 technology strategy? ›

The course is designed to meet the needs of managers, entrepreneurs, consultants and investors who must analyze and develop business strategies in technology-based industries. The emphasis is on learning conceptual models and frameworks to help navigate the complexity and dynamism in such industries.

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What do the bands on a restriction map represent? ›

Those band represent fragments of nucleic acid that migrate to different positions according to their masses. We know which nucleotides (Adenine,Guanine,Cytosine,Thyme,or Uracil) that these fragments terminate in; because of the specific restriction enzyme used.

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What do bands mean in remote sensing? ›

[remote sensing] A wavelength range in the spectrum of reflected or radiated electromagnetic (EM) energy to which a remote sensor is sensitive. For example, red, green, and blue are the bands used by a digital camera; the red band collects light from approximately 625-740 nanometers.

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What does bands mean in hunting? ›

Neck bands are a type of auxiliary marker often used in conjunction with leg bands on geese and swans. These bands are made of plastic or flexible vinyl and encrypted with unique alphanumeric codes. Different color combinations represent various regions in which birds are marked.

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What does the presence of bands mean? ›

Background: The presence of immature neutrophils (bands) in the circulating blood is often used as a clinical indicator of sepsis.