430# TMA Bands with RSI
TMA Bands True Trading
Submit by Divino 07/02/2012
Time Frame 4H.
MTF RSI (setting daily time frame)
Condition for buy trade:
price is below the lower bands TMA true and RSI is below of 30 level.
Conditions for sell trade:
price is above the upper bands TMA true and RSI is above of 70 level.
stop loss 50-70 pips
profit target 80-130 pips
depends by currency pair
In the pictures below TMA Bands True Trading Systemin action.
Share your opinion, can help everyone to understand the forex strategy.