TMA Band True intraday Trading System

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.

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

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