666# TMA Non Repaint Scalping
Half Trend as filter
Trend Reversal scalping.
Submit by Joy22
TMA Non Repaint Scalping is a trandig system trend reversal suitable at any time frame. This system is based only on two triangular moving average indicators (calculated with the formula that does not recalculate. The overlap between back test and real time is approximately 97-98%,) and as a filter a very slow hal trend in order to search for enter on retracement. This system also allows multiple entries but in this post I don't address this issue. I provide the basic idea for trading. This system is quite used by experts. It has good profitability. Better results can be obtained at H1. The setting I provide is for 5 min.
The template must be applied to currencies that are volatile at H1 time frames (important).
Time Frame 5 min.
Currency pairs: major and minor, indices and Gold.
Trading sessiond: any.
Metatrader 4 indicators
Half trend amplitude 10.
TMA True NRP (33 period , 6, deviation 1.61). Indicator by Mladen.
Trading rules TMA Non Repaint Scalping
Trading only in the direction of the trend if Half trend has blue line the trend is up, if the Half trend has red line the trend is down.
Half trend blu ,line.
TMA blue X as timing for entry long.
Half trend red ,line.
TMA red X as timing for entry short.
Do not enter if the bar with the X touches the opposite band.
Exit position options:
At the opposite X;
at opposite band;
with the predetermined fast profit;
ratio stop loss 1:1.18
Initial stop loss 3-7 pips above the previous swing High/Low.
This is an winning idea for trading!
For precise setting (currency pairs and time frame) contact admin.
In the pictures TMA Non Repaint Scalping in action.
Share you opinion.