92# TMA 1 min Breakout Strategy

Submit by Dimitri

MA 1 min Breakout Strategy is trend Breakout trading system based on two indicators TMA Bands and Bulls Eye Forecaster. This trading system is very simple the TMA bands define the trend Bulls Eye Forecaster. the entry timing is defined by the breakout of the price action of the bands.
The version of this strategy is extreme because it is configured at 1 min for demonstration purposes but it can be configured at higher time frames so as to be less extreme and accessible. For experts a pips machine is an excellent strategy.

Setup Strategy

Time Frame 1 min. (To have this strategy at higher time frames you have to reconfigure the indicators to the relative time frame you want.)

Trading Sessions:all.

Currency Pairs: Volatile currency pairs, Indices, Gold and Oil.

Metatrader 4 indicators

Zone Support and Resistance Indicator

Bulls Eye Forecaster Bands

TMA Centered (in the folder there are two setting of TMA aggressive (template 1) and normal (template (0).

Trading rules TMA 1 min Breakout Strategy

Trades only in the direction of the trend.

Trend is upward when TMA has a cloud below the candles of price.

Trend is downward when TMA has a cloud above the price.

Buy

Trend is upward.

The candle price broken and close above the Bulls Eye Forecaster Bands.

Open an buy position at open of the next bar.

Sell

Trend is downward.

The candle price broken and close broken the Bulls Eye Forecaster Bands.

Open an buy position at open of the next bar.

Note. A conservative interpretation is to enter the position when the price bounces on the support and resistance zones and the described conditions are met.

Exit position

Place initial stop loss below/above the previous swing high/low.

Profit Target before of the opposite TMA Bands, with profit ratio stop loss 1:1.2 or fast profit target.

In picture examples of trades.

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