TMA Channel
Scalping Indicator
100% FreeIt draws a dynamic moving average channel above and below price to define overbought and oversold areas. A buy signal comes when price touches the lower band and a sell signal when it touches the upper band, with a cloud showing momentum strength and direction.
How to install
Open MetaTrader 5, then File -> Open Data Folder. Go into the MQL5 folder, then Experts for a robot or Indicators for an indicator, and drop the file there. Restart the platform and you will find it in the Navigator panel.
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