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TMA Indicator v2.1

This indicator is designed to show support and resistance at local extremes.

  • Indicator can be configured to filter out bullish vs bearish resistance levels based on configurable parameters.
  • Supports alerts for entries and exits based on breakouts of local extrema.


Green/Red indicates long/short entry
Yellow/Orange indicates long/short exit

Backtest window: Jan 1, 2015 - Jul 21, 2019 (today)

For paper trading only. Do not use on real markets. Never make investment decisions based on this indicator alone.


alertsbreakoutcrossoverSimple Moving Average (SMA)Support and ResistanceTrend Analysistrendfollowingturtle

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