Summary of "✅ TMA True Indicator for MT4/5 – Free – [TradingFinder]"

TMA True Indicator Overview

The video introduces the TMA True Indicator, a free technical analysis tool available for MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. It can be downloaded from the Trading Finder website. The indicator is designed to help traders identify bullish and bearish trends by drawing a price channel on the chart. This assists in recognizing overbought and oversold zones for optimal trade entries.

Key Features and Functionality

Platforms Supported:
- MetaTrader 4 (MT4)
- MetaTrader 5 (MT5)
Indicator Capabilities:
- Draws a price channel on price charts.
- Identifies trend direction (bullish or bearish).
- Highlights overbought (upper band) and oversold (lower band) zones.
- Provides signals for potential trend reversals.

Trading Strategy Using the TMA True Indicator

Bullish Trend:
- Enter a buy position when the price touches the midline of the channel.
- Set profit targets based on a 1:1 risk-reward ratio or the upper boundary of the channel.
- If the price hits the upper band, maintain the position while monitoring the market.
Bearish Trend:
- Enter a sell position when the price touches the midline.
- Use touches at the lower or upper bands as signals for overbought or oversold conditions to anticipate reversals.
Example:
- When the price hits the lower band (oversold zone) during a bullish trend, it signals a buying opportunity.

Indicator Settings (Parameters)

Calculation period length for the channel’s midline (number of periods used).
Calculation period for moving average or ATR (Average True Range), depending on the selected method.
ATR multiplier to adjust channel width:
- Higher multiplier → wider channel
- Lower multiplier → narrower channel

Recommendations and Cautions

Use the TMA True Indicator as part of a broader trading strategy, always respecting sound risk management principles. The tool is suitable for both beginners and experienced traders aiming to improve precision in market entries and exits. While no explicit disclaimers were mentioned, results depend on user strategy and prevailing market conditions.

Presenters and Sources

Presented by Trading Finder (no individual presenter named).

Note: The video focuses exclusively on the technical tool and its application across markets. It does not mention specific assets, tickers, sectors, or macroeconomic context.