689# Super Snake Trading

TMA MACD and Snake Trading System

Submit by Lorenz 2016

 

Super Snake Trading is an trend following system based on TMA centered MACD indicator. This strategy can be profitable.

Time Frame 15 minutes or higher.

Financial marktes: any.

Metatrader indicators:

T3 clean 13 period, B 0.518.

Snake 7 periods.

First TMA centered MACD ( current time frame),

Second TMA centered MACD ( one time frame lower , example if the time frame is 60 min set the second MACD TMA 30 min).

 

Rules Super Snake Trading

 

Buy

Snake line crosses upward T3MA.

First TMA MACD blue Bar.

Second TMA MACD blue bar.

 

Sell

Snake line crosses downward T3MA.

First TMA MACD red Bar.

Second TMA MACD red bar.

 

Exit position when the snake line crosses in opposite direction or with predetermined profit target or with static support and resistance.

 

Although based on Snake and TMA MACD which are two repaint indicators, this system is very attractive.

 

Setting for scalping with renko chart:

box size 3 pips ( 4 pips GBP/JPY, GBP/NZD, GBP/CAD, GBP/AUD).

First TMA MACD 15 min

Second TMA MACD 5 min.

 

Aggressive

box size 3 pips ( 4 pips GBP/JPY, GBP/NZD, GBP/CAD, GBP/AUD).

First TMA MACD 5 min

Second TMA MACD 1 min.

In the pictures Super Snake Trading in action.

Super Snake Trading
Super Snake Trading
Super Snake Trading
Super Snake Trading
 Super Snake Trading conservative setting
Super Snake Trading conservative setting
Super Snake Trading aggressive trading
Super Snake Trading aggressive trading

download file Super Snake Trading tempalte and indicators MT4 , copy this link in the url:

https://drive.google.com/file/d/0Bwjv2Pbf48itOE9TakJsbVJ4ZW8/view?usp=sharing

Write a comment

Comments: 2
  • #1

    William (Sunday, 12 June 2016 15:19)

    'ind_iCustom_TFS_v1s.mq4' ind_iCustom_TFS_v1s.mq4 Is not functioning. Probably has to go with the exe. file.

  • #2

    Thamira (Tuesday, 28 June 2016 12:43)

    How many bars TMA MACD repaints?