TMA Extreme (Envelopes)

Category: trend, volatility

A centered Triangular Moving Average (TMA) envelope indicator that identifies trend regime by slope and provides volatility-based breakout/extremum bands.

Formula

TMA = \frac{\sum_{i=0}^{N} (N+1-i) \cdot Price_{inx+i}}{\sum_{i=1}^{N+1} i} \\ Bands = TMA \pm (ATR(100) \cdot Multiplier) \\ Slope = \frac{TMA_{curr} - TMA_{prev}}{ATR_{avg} \cdot 0.1}

Inputs

• TimeFrame (default: Current)
• TMAPeriod (default: 45)
• ATRMultiplier (default: 1.272)
• TrendThreshold (default: 0.5)

See signal primitives and every published strategy that uses TMA Extreme (Envelopes) on WOBR StrategyVerse.