The TMA Alert Indicator is a free technical indicator for MetaTrader 4 (MT4) and MetaTrader 5 (MT5), designed to help traders stay informed whenever price crosses the Triangular Moving Average (TMA).
With built-in alerts, this indicator ensures you never miss important market movements.
The indicator can notify you through:
- Mobile app notifications
- On-screen alerts inside the MetaTrader platform
What Is the Triangular Moving Average (TMA)?
The Triangular Moving Average (TMA) is a modified type of moving average that applies double smoothing to price data over a specified number of periods.
As a result, TMA produces a much smoother, wave-like line compared to traditional moving averages.
Like standard moving averages, the TMA is displayed directly on the chart as a single line and is commonly used to:
- Identify trend direction
- Spot potential reversals
- Filter market noise
Because of its smooth behavior, TMA is especially useful for traders who prefer clearer and more stable signals.
Why Use the TMA Alert Indicator?
In many trading strategies, it is crucial to know exactly when price crosses the TMA line. These crossover points can be valuable for both:
- Trend-following strategies
- Trend reversal strategies
The TMA Alert Indicator automatically detects these crossings and sends alerts instantly, helping traders react faster without constantly watching the charts.
Buy & Sell Signals on the Chart
An additional feature of the TMA Alert Indicator is its ability to display buy and sell signals directly on the chart.
- Up arrows appear when price crosses above the TMA
- Down arrows appear when price crosses below the TMA
These visual signals make it easier to identify potential entry and exit points at a glance.
MT4 TMA Alert Installation Guide
To install the TMA Alert Indicator on MetaTrader 4, follow these steps:
- Download the indicator archive file.
- Open MetaTrader 4 and go to File → Open Data Folder.
- Open the MQL4 folder.
- Copy all files and folders from the archive into the MQL4 folder.
- Restart MetaTrader 4, or right-click in the Navigator window and select Refresh.
MT5 TMA Alert Installation Guide
To install the TMA Alert Indicator on MetaTrader 5, follow these steps:
- Download the indicator archive file.
- Open MetaTrader 5 and go to File → Open Data Folder.
- Open the MQL5 folder.
- Copy all files and folders from the archive into the MQL5 folder.
- Restart MetaTrader 5, or right-click in the Navigator window and select Refresh.
Conclusion
The TMA Alert Indicator for MT4 & MT5 is a powerful yet simple tool for traders who rely on moving averages in their strategies.
With real-time alerts, visual buy/sell signals, and easy installation, it helps traders make timely decisions while reducing the need to monitor charts continuously.
| TMA Alert | MT4 |
| TMA Alert | MT5 |
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