294# TMA bands with Stochastic Jurik smooth

TMA Bands Trading Method

Submit by StoWed

 

Time Frame 15 min or higher.

Currency pairs: any.

 

This is a contrarian-trend trading system based on the two Metatrader indicators TMA Bands ( rewritten by Madlen and stochastic juriK smooth).

 

Metatrader Indicators:


TMA +CG Madlen (TMA True),

T3 Dragon 1 (bars indicator),

Stochastic Jurik smooth (10, 14, 3);

MACD (12,26,9).

Work Time (8:00-20:00)

if this trading system is used

in intraday trading i think that

this system works 24/24H.

 


Buy

Wait the price is in the lower channel and line white of Stochastic jurik smooth cross upward other lines.

Sell

Wait the price is in the upper channel and line white of Stochastic jurik smooth cross downward other lines.

 

Exit position

Profit Target predetermined, depends by currency pairs and time frame or ratio 1:1.2 stop loss.

Stop loss for buy 2 pips below lower band;

Stop loss for sell 2 pips above upper band.

 

 

Share your opinion, can help everyone to understand the forex strategy.


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TMA Bands with jurik smooth stochastic
Trading System TMA Bands with jurik smooth stochastic.This is a contrarian-tren trding system based on the two indicators TMA Bands ( rewritten by Madlen and stochastic jurish smooth).
TMA Bands with jurik smooth stovhastic.r
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TMA Bands Trading Systems