TMA Bands5

This indicator is mainly used for the judgment of the market in the general direction. The indicator trend is smooth and can filter out many random fluctuations, thus grasping the main trend direction of the market. It is also possible to find the opening position of a long empty single according to the relationship between the channel boundary and the historical K line.

Principle: This indicator is based on the triple moving average TMA design and uses the probability estimation algorithm to fill the indicator line value at the end of the half cycle. According to the standard deviation characteristic value of the average K-line fluctuation, the channel interval is calculated, and the color distribution is used to describe the slope distribution of the main moving average.

The indicator has a self-correcting feature, and the graphics in the last half of the cycle may be adjusted with the K line. Because when we are researching the market direction, we also need to constantly correct our judgment based on the latest trends.

At present, the index parameters are built-in optimization states. According to the long-term observation of the trend, the authors have solidified the calculation parameters in each cycle in order to achieve the best results. Of course, you can also customize the setup parameters.

This indicator is mainly used to identify trends. Of course, you can also use it as a signal to open a position. When the price breaks through the range of the channel, there will be a high probability of going back inside the channel in a short time in the future.

Products are welcome to download the test, criticized and corrected.