464# Slow TMA line
TMA line reversal trading
Submit by Roman 17/05/2015
Slow TMA line is a reversal trading system based on TMA line indicator. But there are also indicators of support of trend and momentum.It is a balanced combination of algorithms to read the market.
This trading strategy is also good for trading with binary options high/low.
Time frame 15min or higher.
Markets: Forex, Commodities and index.
Expiry time for trading with binary options: 4-6 candles.
You can use this template also at the renko chart with 6 pips box size or higher.
Metatrader Indicators:
TMA line period 56, Multiplier 0.01, ATR 100,
TMA line period 56, Multiplier 4.9, ATR 100,
TMA line period 56, Multiplier 3.5, ATR 100,
Signal entry stop ( 9, 0.3),
6 EMA,
Fractals,
Heiken Ashi,
Roby DSS colored (6, 11),
Trend wave (10, 21),
MTF Stochastic (10,3,3 and the next time frame),
THV Trix.
Trading rules for Slow TMA line
Buy
When the price touches or broken the lower TMA lines wait that the indicators changes direction.
Signal entry stop buy dot confirmed by
MTF Stochastic crossess upward,
Trix Crosses upward,
Trend wave crosses upward
DSS indicator green dot.
Sell
When the price touches or broken the upper TMA lines wait that the indicators changes direction.
Signal entry stop sell dot confirmed by
MTF Stochastic crossess downward,
Trix Crosses downward,
Trend wave crosses downward,
DSS indicator red dot.
Exit position when the signal entry stop changes direction or make profit at the middle band.
Place initial stop loss at the previous swing.
In the pictures Slow TMA line in action.
Share your opinion, can help everyone to understand the forex strategy
