58#TMA Bands MTF Trading System

Shown in the above shot of the grid with debug set to true.

When a pair-timeframe cell contains a Grey BUY, it means that price is below

the lower TMA band for that tradeable. So, it is in a buy zone, but does not

qualify per the rules, as a buy candidate. A Grey SELL, means price is above the

upper TMA band, but does not yet qualify as a sell per the rules.

When a pair-timeframe cell contains a Red BUY, it means that price is still below

the lower TMA band, but the slope is ranging (or lower than slope_diff_low), and

falling. (Good for trend continuation identification).

When a pair-timeframe cell contains a Green SELL, it means that price is still

above the upper TMA band, but the slope is ranging (or higher than

slope_diff_high), and rising. (Good for trend continuation identification).

When a pair-timeframe cell contains a Green BUY, it’s time to pay attention.

Price is below the lower TMA band, and the slope is in a range (or higher than

slope_diff_high), and slope is rising. If the pair header cell is RED, as shown

above in the EURGBP cell, then price is also near to a pivot point (set by

pivot_margin).

When a pair-timeframe cell contains a Red SELL, price is above the upper TMA

band, and the slope is in a range (or lower than slope_diff_low), and slope is

falling.

If a pair-timeframe cell contains dashes ( --- ), it means that price for that

tradeable is in between the TMA bands. However, if the rules are qualified for

rising slope and the slope is in a range or above/below the slope_diff_high/low,

the dashes will be of the appropriate color.

When the currency pair header is highlighted in RED, it means that that currency

or tradeable is withing pivot_margin (default of 3.0 pips), of a fibonacci pivot

point.

And, as can be seen by the debug mode set to true, this EURGBP chart shows

that we are 2-pips away from the R1 pivot at 0.8349.