In the consolidation area, there's a BIG GAP.
I'll investigate later. I'm too busy with coding.
There are two kinds of consolidation areas:
One is above the TMA & has a big gap under the TMA and
one is below the TMA & has a big gap above the TMA. Hmm!
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My conspiracy theory is:
If the pair is moving sideways below the TMA, then we'll break out to the upside.
If the pair is consolidating above the TMA, then we'll break out to the downside.
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Since TMA Bands has so many unique features,
we should use it to trade and have an advantage.
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DOWNLOAD:
TMA (gradient colors) Center Of Gravity.ex5
TMA (gradient colors) Center Of Gravity.mq5
