The TMA Centered Bands Indicator MT5 is a popular and free forex indicator that is useful for traders of all levels. It works by plotting two bands around a moving average, one above and one below, and then plotting a third band in the middle. The indicator can also be used to identify price breakouts, as well as possible price reversals. With its easy-to-use interface, the TMA Centered Bands Indicator MT5 is a great choice for traders who want to quickly identify potential trading opportunities.