TMA Centered Bands Indicator for MetaTrader 4 Download - Free

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  • MetaTrader 4 indicator

  • TMA Centered Bands Indicator

  • Age 3+

  • level: Beginner

  • English

Author's Instructions

TheTMA Centered Bands Indicator is a MetaTrader 4 indicator that uses the power of the Moving Average to detect the overall trend direction shown by the bands on the chart.

This indicator consists of three bands: theupper band is red, the middle band is red-blue, and the lower band is blue. In uptrends, the middle band turns blue, and in downtrends, it turns red.