TMA - Triangular Moving Average
Description
This specifically weighted average has an extra smoothing component. The weightings are not linear, but instead take on a triangular pattern. To demonstrate, the weighting for a 7-period average would be 1,2,3,4,3,2,1. More weight is given to the median value of the time series, and the newest and oldest data is given less weight.
Usage
Return value
double
When using this method with an index (e.g. TMA(14)[int barsAgo] ), the value of the indicator will be issued for the referenced bar.
Parameters
inSeries Input data series for the indicator
period Number of bars included in the calculations
Visualization
Example
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