The Triangular Moving Average is a Simple Moving Average that has been averaged again (i.e. averaging the average); this creates an extra smooth Moving Average line.
The chart below of the E-mini Nasdaq 100 Futures contract shows the relation between a 10-day Simple Moving Average and a 10-day Triangular Moving Average:
Generally, simple moving averages are smooth, but the re-averaging makes the Triangular Moving Average even smoother and more wavelike.
Potential buy and sell signals for the Triangular Moving Average indicator are discussed on the Simple Moving Average indicator pages (see: Simple Moving Average).
How to Start Technical Trading
If you are interested in trading stocks, commodities other assets using technical analysis, have a look at our reviews of these regulated brokers available in to learn which charting & analysis tools they offer:
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 73.0%-89.0% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.