TMA Bands Xtra Smooth is an advanced volatility-based channel indicator built around a Triangular Moving Average (TMA) core, enhanced with ATR expansion and multi-stage smoothing. It plots an ultra-smooth center line with dynamic upper and lower bands that automatically adapt to market volatility. The indicator visually distinguishes bullish and bearish conditions by changing band colors, making trend direction and momentum shifts easy to identify directly on the chart.

Unlike standard TMA bands, this version applies cascading smoothing (up to three passes) using selectable methods such as SMA, EMA, LSMA, or DEMA. This significantly reduces noise and false signals while preserving the natural structure of price movement. Band width is calculated using ATR, ensuring the channel expands during high volatility and contracts during quiet markets. Optional alerts notify you when price action confirms a bullish or bearish shift, without relying on repainting signals.