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Triangular Moving Average
TriangularMovingAverage(Vector, Periods)
TMA(Vector, Periods)
MA Type Argument ID: TRIANGULAR
Overview
The Triangular Moving Average or TMA is similar to a Simple Moving Average, except that more weight is given to the price in the middle of the moving average periods.
Interpretation
A Moving Average is most often used to average values for a smoother
representation of the underlying price or indicator.
Example
set BUY = CLOSE > TMA(CLOSE, 30)
Evaluates to buy when the close is greater than a 30-day TMA.