Forex TMA Band True Swing Trading Strategy
Forex TMA Band True Swing Trading Strategy:
Time frame 30min, 60min, and 240 min
Currency pairs :all
Indicators:
1TMA Band True (110, 2,6 , 0 , 61)
2 TMA Band True (110, 2,6 , 0 , 63)
3 TMA Band True (110, 2,6 , 0 , 61)
4 TMA Band True (110, 2,6 , 0 , 61)
1 SVE Bollinger band:12, 18 , 1.6 , 1.6 , 63 (deep sky);
2 SVE Bollinger band: 8, 18 , 1.6 , 1.6 , 63 (magenta);
Stochastic Cross alert ( 5, 3, 3)
Long Entry
Buy as arrow up appears in blue zone and deep sky line (SVE band) is below the magenta line.
Short Entry
Sell as arrow down appears in red zone and deep sky line (SVE band) is above the magenta line.
Profit Target
30 min max 25 pips
60 min max 35 pips
240 min max 60 pips
Long Entry
Buy as arrow up appears in blue zone and deep sky line (SVE band) is below the magenta line.
Short Entry
Sell as arrow down appears in red zone and deep sky line (SVE band) is above the magenta line.
Profit Target
30 min max 25 pips
60 min max 35 pips
240 min max 60 pips
In forex a trading strategy is a fixed plan that is designed to achieve a profitable return by going long or short in markets. The main reasons that a properly researched trading strategy helps are its verifiability, quantifiability, consistency, and objectivity.
For every trading strategy one needs to define assets to trade, entry/exit points and money management rules.
How to install Forex TMA Band True Swing Trading Strategy?
- Download Forex TMA Band True Swing Trading Strategy.zip
- Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /
- Copy tpl file (Template) to your Metatrader Directory / templates /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your forex strategy
- Load indicator on your chart
How to uninstall Forex TMA Band True Swing Trading Strategy?
To shut down an indicator, one has to remove it from the chart. At that, its drawing and recalculation of its values will stop. To remove an indicator from the chart, one has to execute its context menu commands of “Delete Indicator” or “Delete Indicator Window”, or the chart context menu command of “Indicators List – Delete”.