844# Follow The Money
Xard777 Strategy with SMA Lazi TMA
Jurik Volty Bands
Submit by Maximo Trader
Follow the money is a trend price action trading system I created based on a trading system from Xard to which I added the TMA bands as very strong dynamic support and resistance levels where the price often reacts. The logic of the system is simple when the price bounces or breaks the first solid TMAs, it means that the market is ready for even a short reversal, so it is necessary to follow the arrows in the new direction.For example, if the price has gone down and broke the first TMA green, we wait for the formation of a buy arrow generated by the volatility bands and follow it.
Setup Strategy
Time Frame 30 min or H1
currency pairs: any.
Metatrader 4 Indicators
Xard indicators in the folder.
Jurik Volty bands periods 34
SM Lazi TMA Bands.
Trading Rules Follow The Money
Buy
The price bounces off the solid green line of the TMA or breaks it.
A buy arrow appears generated by the jurik Volty Bands.
Sell
The price bounces off the solid pink line of the TMA or breaks it.
A sell arrow appears generated by the jurik Volty Bands.
Note: if the arrow appears far above the center line near the first dotted line, do not take a position.
Exit position
Place Initial Stop Loss
Below/Above the previous swing High/Low
Profit Target ratio stop loss minimum 1:1,25 or at the dinamic levels of TMA.
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