Triangular Moving Average as a Smoothed Price Indicator
Summary
The document introduces the Triangular Moving Average (TriMA), a price indicator constructed from simple moving averages. Its calculation uses a moving-average period derived from the user-selected period, and it exposes two inputs: the period and the price series to apply it to. The triangular construction smooths price data and can therefore help describe the underlying direction while reducing some short-term variation.
The material is a brief indicator description rather than a trading system. It does not specify entry or exit rules, explain how to combine TriMA with other signals, or provide charts, parameter guidance, or performance evidence. It also omits the displayed calculation itself, so a reader cannot reproduce the precise formula from this text alone. The indicator should be treated as a technical analysis component whose usefulness would need to be assessed in a defined strategy and tested against suitable data and costs.
Key ideas
- TriMA is presented as a smoothed indicator based on simple moving averages.
- The indicator accepts a period and an applied price as inputs.
- The document relates the underlying simple-average length to the selected period.
- No trading rules or empirical performance evidence are provided.
- The formula is absent from the text, limiting reproducibility.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.