tma line extreme indicator mt4

The TMA Line Extreme Indicator for MT4 helps to detect market direction, trend strength and also in timing the potential entries.

Essentially, the main line changes color to reflect trend shifts.

Example chart:

tma line extreme indicator example chart

How to use the TMA Line Extreme Indicator for MT4?

The TMA Line Extreme Indicator for MetaTrader 4 displays a channel with three lines, where the middle one is most important.

Green means bullish momentum. Red means bearish bias. Yellow means indecision or a temporary sideways move.

Look for trades while price stays within the dotted bands. If price moves outside the bands, treat it as extreme and risky, since price is likely to return to the median.


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