DTMA (Double Triangular Moving Average)

5月31日

English Description:
DTMA (Double Triangular Moving Average) is a smoothed moving average indicator that applies a triangular moving average (TMA) twice to reduce lag and provide a more stable trend line. The formula used is:

DTMA = 2 * TMA(src, period) - TMA(TMA(src, period), period)

This implementation focuses on the core calculation and plotting of the DTMA line, omitting visual styling features like bar coloring or trend direction. It's useful for traders looking for a smoother alternative to standard moving averages when identifying trends.

5月31日

リリースノート

DTMA (Double Triangular Moving Average) is a smoothed moving average indicator that applies a triangular moving average (TMA) twice to reduce lag and provide a more stable trend line. The formula used is:

DTMA = 2 * TMA(src, period) - TMA(TMA(src, period), period)

It's useful for traders looking for a smoother alternative to standard moving averages when identifying trends.

But is specially usefull filtering relevant from non relevant volume bars to spot potential reversals, relevant FVGs and others