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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.
What Is Triangular Moving Average Indicator?
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.
MT4 TMA Alert Indicator
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:
- Mobile app
- On screen
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.
TMA Alert Indicator Source Code
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.
How to Download and Use MT4 TMA Alert 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.
Downloads
➥ MQLTA MT4 TMA With AlertMT4 TMA Alert Installation
To install MT4 TMA Alert Indicator, please follow the instructions below:
- Download the indicator archive file.
- Open the MetaTrader 4 data folder (via File→Open Data Folder).
- Open the MQL4 Folder.
- Copy all the folders from the archive directly to the MQL4 folder.
- Restart MetaTrader 4 or refresh the indicators list by right-clicking the Navigator subwindow of the platform and choosing Refresh.
For more detailed instructions on how to perform the installation please visit this article.
MT5 TMA Alert Indicator
What Is MT5 TMA Alert Indicator?
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.
How to Download and Use MT5 TMA Alert Indicator?
You can download the indicator for free using the link below and install it by following the provided instructions.
Downloads
➥ MQLTA MT5 TMA With AlertMT5 TMA Alert Installation
To install the MT5 TMA Alert Indicator please follow the instructions below:
- Download the indicator archive file.
- Open the MetaTrader 5 data folder (via File→Open Data Folder).
- Open the MQL5 Folder.
- Copy all the folders from the archive directly to the MQL5 folder.
- Restart MetaTrader 5 or refresh the indicators list by right-clicking the Navigator subwindow of the platform and choosing Refresh.
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.