TMA Band True intraday Trading System
TMA True and WPR forex strategy
Submit by Maximo Trader 08/05/2012
Time Frame:
15 min, 30 min, 60 min.
Currency pairs:majors.
Metatrader Indicators:
Pivot levels;
color MA( 12, 1, green buy, red sell);
TMA True with distance;
WPR Fast;
WPR Low.
First step is to identify the trend. Next step is to make sure that
current wave is moving in the same direction. Only then, we can
safely open a trade.
Sell
1 – We have color ma red cross downward middle band of TMA True (yellow line);
2 – WPR Bars (low and fast) are RED
That means according to current market conditions we have a
SELL signal.
Buy
1 – We have color ma green cross upward middle band of TMA True (yellow line);
2 – WPR Bars (low and fast) are yelllow
That means according to current market conditions we have a
Buy signal.
stop loss should be 3-5 pips below/above middle band (yellow line);
Profit Target on the pivot levels or predetermined.
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