The TMA+CG Indicator for MT5 is designed for traders who rely on channel trading and price-action confirmation. It combines the Triangular Moving Average (TMA) with the Center of Gravity (CG) concept to create smooth and highly accurate trading channels. These channels help traders identify dynamic support and resistance zones, making it easier to forecast potential reversals and trend continuation setups.
The MT5 version of the indicator eliminates the need to manually draw channels. It automatically adjusts to market volatility and provides consistent accuracy. Thanks to MT5’s enhanced processing speed and multi-asset support, both beginners and experienced traders can use the TMA+CG indicator effectively. It works well for swing trading, day trading, and scalping across forex pairs, indices, commodities, and other MT5-compatible markets.
The TMA+CG Indicator for MT5 plots two main channel boundaries:
Upper Channel Line: Acts as dynamic resistance or an overbought zone.
Lower Channel Line: Acts as dynamic support or an oversold zone.
These bands create a visual price envelope that helps traders interpret market behavior. When price interacts with the upper or lower boundary, it often signals exhaustion, a potential reversal, or the start of a corrective move—similar to Bollinger Bands, but smoother due to TMA calculations.
The MT5 version uses smoothed moving averages, which reduces market noise and filters out false signals. Compared to standard TMA indicators, this version produces more stable and reliable readings because it reacts less aggressively to short-term volatility.
This smoothing effect helps traders identify true market direction and determine when price is stretching too far from its mean.
The TMA+CG Indicator for MT5 allows traders to identify precise entry opportunities based on the interaction between price and the channel lines.
Enter a buy when price touches or dips below the lower band, acting as dynamic support.
A blue cross appears when price breaks the channel to the upside—confirming a potential bullish trend reversal.
Stop-loss is typically placed below the recent swing low or near the blue cross.
Enter a sell when price touches the upper band, which serves as dynamic resistance.
A red cross forms when price breaks the channel downward, suggesting a bearish reversal.
Stop-loss is placed above the recent swing high or near the red cross.
These cross markers are highly accurate and make the TMA+CG Indicator ideal for traders who prefer rule-based mechanical entries.
In the GBP/USD example:
The indicator plots a green lower band (support) and a red upper band (resistance).
When price breaks below the channel, the indicator prints red crosses, signaling a strong buy opportunity.
The market moved over 60 pips upward afterward.
When price approaches or touches the upper band, a red arrow or cross appears, indicating a potential sell setup.
After this signal, the price dropped more than 100 pips, demonstrating the indicator’s effectiveness.
This makes the TMA+CG Indicator for MT5 suitable for both trending and ranging market conditions, especially for reversal-based trading strategies.
While powerful on its own, this indicator becomes even more effective when combined with:
RSI – to confirm overbought/oversold conditions
MACD – to confirm momentum shifts
Moving Averages – to verify trend direction
Volume indicators – to confirm breakout strength
These combinations help filter out weak signals and improve trade accuracy.
The TMA+CG Indicator for MT5 is a versatile and powerful channel-trading tool that provides clear buy and sell signals using dynamic support and resistance levels. Its red and blue cross markers, combined with smoothed TMA calculations, make trend reversals easy to identify. Whether you are scalping, day trading, or swing trading, this indicator offers consistent and reliable performance.
To improve your trading strategy and download this MT5 indicator for free, visit IndicatorForest.com for more premium tools.
Published:
Nov 24, 2025 03:01 AM
Category:
