Triangular Moving Average by Applying Two Simple Moving Averages

Summary

The document describes a construction for a triangular moving average (TMA). Starting with a chosen moving-average period, it adds one, halves the resulting count, and rounds any fractional result upward. It then calculates a simple moving average of closing prices using that adjusted period, followed by a second simple moving average of the first average using the same period. The resulting double smoothing is the central idea presented.

The text is a short translated description of an indicator, rather than a full implementation or evaluation. It gives no chart examples, comparisons with other averages, parameter guidance, or evidence that the TMA predicts market direction or improves trading results. The sequence is useful for understanding how this version of the indicator is formed, but it does not specify details such as initialization or treatment of missing data. Traders would need an implementation and testing appropriate to their market and timeframe before relying on it.

Key ideas

• The described TMA uses an adjusted period derived by adding one to the selected period, halving it, and rounding upward.
• The method first calculates a simple moving average of closing prices with the adjusted period.
• It then applies a second simple moving average to the first average using that same period.
• The document explains the construction but provides no implementation details or performance evidence.

Tags

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