Technical Indicator MEGA Reference Part 55 – Triangular Moving Average

Triangular Moving Average

The Triangular Moving Average is a Simple Moving Average that has been averaged again (i.e. averaging the average); this creates an extra smooth Moving Average line.

The chart below of the E-mini Nasdaq 100 Futures contract shows the relation between a 10-day Simple Moving Average and a 10-day Triangular Moving Average:

Generally, simple moving averages are smooth, but the re-averaging makes the Triangular Moving Average even smoother and more wavelike.

Sourced from OnlineTradingConcepts.com All copyrights belong to their respective owners.

%d bloggers like this: