Triangular Moving Average (TMA) Alert indicator is a free MT4/MT5 indicator that you can download here and use in your MetaTrader to receive notifications via email, mobile app, and in the platform when the price crosses its triangular moving average.
Triangular moving average (TMA) indicator is a modified version of a moving average. Similarly to a common MA, triangular moving average is displayed as a simple line on charts.
Triangular moving average is calculated as double-smoothed moving average of the price for the past N periods. This makes it really smooth and wave-like.
In many cases, it is useful to be notified when the price crosses its TMA. You can benefit from such alerts in both trend following and trend reversal strategies.
To get hold of this missing feature, you can download our TMA Alert indicator for MetaTrader.
This indicator allows you to receive alerts when the price crosses the triangular moving average. You can receive notifications via:
Another interesting feature of this TMA Alert indicator for MetaTrader is that it can draw buy and sell signals as arrows on the chart when a crossover is registered.
If you are interested in alert indicators, you can use the source code of the present TMA Alert Indicator for your further development. Additionally, you can inspect the code of our Alert Indicator Template, which was used as a foundation for this indicator.
You can download the indicator for free using the link below and install it by following the provided instructions.
The installation is very easy to perform. The same is true for using this tool.
Once you run the indicator you can set the parameters. You can select TMA period to use and how to receive notifications.
➥ Download MQLTA MT4 TMA With Alert
To install MT4 TMA Alert Indicator, please follow the instructions below:
For more detailed instructions on how to perform the installation please visit this article.
TMA Alert Indicator for MetaTrader 5 is a plugin that allows you to set up alerts for the price crossing its triangular moving average on your MT5 chart. It has exactly the same features as the version of the indicator for MT4.
You can download the indicator for free using the link below and install it by following the provided instructions.
➥ Download MQLTA MT5 TMA With Alert
To install the MT5 TMA Alert Indicator please follow the instructions below:
For detailed instructions on how to setup the alerts in MetaTrader please refer to our guide on notifications in MT4/MT5..
You can open a trading account with any of the MT4 Forex brokers to freely use the presented here indicator for MetaTrader 4. If you want to use an MT5 version of the indicator presented here, you would need to open an account with a broker that offers MetaTrader 5.