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JacobAmos JacobAmos PRO CL1!, D,
CL1!: Triangular Moving Average (TRIMA) Indicator
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CL1!, D
Triangular Moving Average (TRIMA) Indicator

The TRIMA is simply the SMA of the SMA -- a double-smoothed simple moving average. The end effect of the double smoothing is that greater weight is placed on values near the middle of the lookback period. It therefore reacts relatively slowly to price changes compared to most moving averages. But why would I want more lag? One potential use of this moving average ...

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