A Triangular Moving Average Convergence and Divergence Oscillator

Summary

This brief indicator description explains a MACD-style oscillator built from triangular moving averages. It first calculates fast and slow moving averages from the selected price series, using periods derived by halving the corresponding fast and slow TriMA inputs and rounding down before adding one. The difference between those averages forms the oscillator; a simple moving average of that difference forms its signal line.

The document identifies four configurable inputs: fast period, slow period, signal period, and applied price. This defines the indicator’s construction but gives no trading rules for interpreting crossings or divergences, and it provides no chart examples, backtests, or evidence of profitability. The description is therefore useful as a concise explanation of an indicator formula, not as a tested strategy. Its page also contains unrelated website promotion and attribution, which do not add to the trading method.

Key ideas

• The oscillator subtracts a slower triangular moving average from a faster one.
• The fast and slow TriMA periods are converted into periods for the underlying simple moving averages.
• A simple moving average of the oscillator forms the signal line.
• The method exposes fast, slow, signal, and applied-price inputs but provides no validation or trading rules.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.