834# Best Reversal Forex Strategy
Price Actio Trend Strategy
Supply and Demand Price Action filter with TMA Bands
Submit by Alexander
Best reversal Forex Strategy”, that is a complete price action trend trading system, in other words it provides the trader with all the tools to identify the best timing to enter the market. The main filters are two levels of support and resistance based on the price demand and the overbought and oversold levels of the TMA bands, as for the timing I have inserted a trend filter.
The timing signal is AIzig which the more experienced may not even consider it considering the other filters, in addition I have also inserted an indicator standardized for measure the peak , when the peak is greater than 25 it indicates that there could be a price reversal.
Time frame: 30 min or higher, I recommend higher time frames because the accuracy is higher.
Currency pairs: any.
Metatrader 4 indicators
ZZ Semafor MT4 ( Draw the most important high/low swings on the graph with white squares).
Supply Demand support and resistance.
Price Border (TMA Bands) period 72, ATR multiplier 3.0, ATR period ( 110);
Price Border (TMA Bands) period 72, ATR multiplier 4.2, ATR period ( 110);
(The TMA setting is slow enough to delineate the overbought and oversold areas at high time frames up to a medium trend quite well.)
Aizig arrow indicator time for entry for beginners.
Zig Zag arrow (60,5,3).
Solar wind Joy (20, 17) with Peak indicator best level for reversal is 25.
FXT3CC (11, 9) this is optional, but it was inserted as an aid to exit position.
Trading rules Best Reversal Forex Strategy
Price bounce above the support.
The price candle is at or outside the lower TMA Bands.
A white square appears with an up black arrow.
Solar wind Joy green bar
FXT3 aqua dot with green bar.
AIzig buy arrow.
Price bounce below the resistance.
The price candle is at or outside the upper TMA Bands.
A white square appears with a down black arrow.
Solar wind Joy red bar
FXT3 red dot with red bar.
AIzig sell arrow.
Place initial stop loss below/above the last swing high/low (see the white squares). Make profit at the next level of support or resistance or make profit with ratio stop loss 1:1.25.
Examples of trades
Telegram Channel: https://t.me/freeforexresources
Share your opinion.