TMA MetaTrader 4 Forex Indicator.
Operations for TMA calculation:
- The simple Moving Average of close prices with the number of periods obtained in point 3 is calculated.
- By using the value obtained in point 3 again, the simple
- Moving Average of the Moving Average calculated in point 4 is calculated.
- To the number of periods of Moving Average 1 is added.
- The received sum is divided to two.
- If the result was released fraction, it is rounded up to a whole
Here, the focus is on the middle part of the price series. In fact, they are double-smoothed simple moving averages. The simple Moving Averages’ length depends on evenness or oddness of the chosen number of periods.
TMA MT4 Indicator – Download Instructions
In order to transform accumulated history data, you need to install a MetaTrader 4
TMA – it is a MetaTrader 4 indicator that allows you to detect several changes and dynamics in price that many traders can’t estimate or see without an indicator, which highlights its essence and usage.
Accordingly, traders can draw conclusions and make estimates about how the prices will change based on the information they have and then they can modify their strategy for better trading.
How To Install TMA MT4 indicator for MetaTrader 4.mq4?Download indicator for MetaTrader 4.mq4
Copy TMA MT4 to Directory / experts / indicators /
Start or restart your Metatrader 4 Client
Select Chart and Timeframe where you want to test your mt4 indicator
Search “Custom Indicators” in your Navigator mostly left in your Metatrader 4 Client
Right click on TMA MT4 for MetaTrader 4.mq4
Attach to a chart
Modify settings or press ok
Indicator for MetaTrader 4.mq4 is available on your Chart
How to remove TMA MT4 Indicator for MetaTrader 4.mq4 from your Metatrader 4 Chart?Select the Chart where is the Indicator running in your Metatrader 4 Client
Right click into the Chart
Select the Indicator and delete
Related Indicator: BW2 WiseMan 1 MetaTrader 4 Forex Indicator
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