469# Trend Cycle with TMA Bands
Trend Cycle Trading
Submit by D.Miller 22/06/2015
Trend cycle with TMA Bands is an intraday system that you can use also for swing trading.
This is a trend following system with two alert for entries.
The setting is for 15 min time frame.
Currency pairs: majors ( EUR/USD, GBP/USD, USD/CHF, USD/CAD, NZD/USD, AUD/USD, USD/JPY/ ).
Metatrader Indicators
TMA Bands (current Time Frame, Half 20, ATR multilier 2.0 interpolate true.
T3 + snake aletrs (Snake half cycle 14, T3 period 21 ).
Forex MT4 Cycle (price action 1, Length 3, Major Cycle 4, Filter SMA RSI 1, Filter SMA 21, filter RSI 12, C1 arrows).
Trading Rules
Buy
When appears a first buy arrow wait the second arrow in the same direction and entry at opening of the next bar.
Sell
When appears a first sell arrow wait the second arrow in the same direction and entry at opening of the next bar.
Exit
Exit at first opposite arrow.
Place initial stop loss at the previous high/low swing.
Note= Apply this template for intraday trading at 4 – 6 charts.
In the pictures Trend Cycle with TMA Bands with TMA Bands in action.
Share your opinion, can help everyone to understand the forex strategy
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Deepak T (Wednesday, 07 February 2018 08:54)
Good system but no template in the folder.