686# 5 min scalping with TMA Bands
TDI simple as filter timing
TMA Bands extreme dynamic levels of overbought and oversold.
Submit by Joy22
5 min scalping with TMA Bands is a trading technique more than a strategy, suitable for all time frames to trade any type of financial instrument. The TMA Bands are very slow with an important deviation to keep price levels down. The fact that I have used TMAs that repaint doesn't matter because they have the function of marking relative dynamic overbought and oversold levels. The entry timing is given by a simplified TDI filtered by a trend-momentum indicator.
This is a winning strategy.
This is a very aggressive and reliable long-term strategy.
Time Frame 5 min or higher.
Currency pairs: any.
Binary Options expiry time 5-6 candles.
Metatrader 4 indicators.
9 TMA Bands but those that interest us are the three external ones that have this configuration:
TMA period 63, deviation 4.2, ATR 110 white color.
TMA period 63, deviation 4.8, ATR 110 white color.
TMA period 63, deviation 5.4, ATR 110 white color.
TDI (Traders Dynamic Index default setting only green and yellow line, timing green line gross yellow line).
Trend-Momentum filter, period 4.
Trading rules 5 min scalping with TMA Bands
Buy or Call
When the price touches the white band, those gold or breaks down wait The TDI crosses above.
Heiken Ashi white color.
Trend Momentum indicator with white bar.
Sell or Put
When the price touches the white band, those gold or breaks down wait The TDI crosses below.
Heiken Ashi red color.
Trend Momentum indicator with red bar.
Exit position
Stop loss above/below the previous swing high/low.
Profit target ratio stop loss 1:1.3.
Note: only situations where the price touches the gold bands can be considered as a less aggressive approach.
In the pictures examples of trades.
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