Triangular moving average (TMA) ... - page 33

 

Mar 12,  · Dear Mladen, Do you think the attached

If you do not use a tight stop loss within 30 pips of entry price or less , after complying with the 4 rules mentioned above, Sell as the first Heiken Ashi candle changes color to Red. Just make sure that you are recalculating at least half length bars so that every bar that could be recalculated is calculated again to reflect true value of recalculated indicators values snake and centered TMA recalculate as I explained, so you always must keep that in mind. In order t avoid that missing data, people have found out that it might be extrapolated the missing data and that is what is usually used as centered triangular moving average:

TMA Bands NK forex System

Mar 12,  · Dear Mladen, Do you think the attached

It corrects itself by repainting itself. It has two outer bands that show us the outer boundaries of price movement that we are searching for. It determines in which direction a trade must be placed and also shows divergences to price. For example, if price is rising but the slope indicator is dropping, it is announcing a high probability of a drop in price in the near future. The steeper the drop in the indicator the higher the probability of a drop in price.

The same concept applies in reverse in the case of a dropping price and a rising slope indicator. A third use of the slope indicator is for exiting purposes as described in the exit options below. On the right side of the Slope indicator you will see the value white of the current chart time frame. Above it Grey , the value of a user selectable time frame and below the trade status of the current chart TF.

The third and final indicator is Trix THV4 System which we will use solely as a visual guide as to the direction and strength of price action. Included in the templates are 3 TMA indicators. You can use any of the three without leaving the M15 chart, for entry and exit purposes. M15 TMA will be used as a short term scalping tool trades of 2 to 4 hours and potential gain of 30 to 50 pips , H1 trades of 8 to 36 hours and potential gain of 80 to pips and H4 trades of 1 to 5 days and potential gain of to pips.

I recommend setting your chart time frame to M Having 3 TMAs on one chart is extremely helpful for determining longer time frame trends and combined, they have high predictive value of future market moves. A natural level to place your SL would be above a previous high for a short and below a previous low for a long.

If a trade goes against me, I will use Recovery Trades to exit the trade at breakeven. I have included detailed instructions describing the Recovery system in the Documents folder contained in the Packet. Trades can be placed in both directions. The further price moves across the bands, the more reliable the trade will be. The steeper the rise or fall on the indicator, the stronger the signal. On H4 TF, the same conditions mentioned must apply to the Daily channel. There are two ways to enter the trade, depending on your risk management profile: A- Without Tight Stop Loss: If you do not use a tight stop loss within 30 pips of entry price or less , after complying with the 4 rules mentioned above, Sell as the first Heiken Ashi candle changes color to Red.

Buy as the first Heiken Ashi candle changes color to Blue. Waiting for a close of the candle is not necessary but will give a higher percentage signal. It can certainly be off by a few pips but this is related to the brokers High,Low,Close prices from the previous day.

Not any time offsets Daylight savings is this weekend here so who knows what that is going to do to our trying to all get on the same page. It is not a MACD but the crossover of a single moving averge displaced in time. This is set the same as the defaults in packet do not change the 1 value in shift unless you know what you are doing. Look for the first bar close of the TMA Slope normalized indicator that moves above 0. Enter long when the first HA candle turns Blue.

No need to wait for a close of the candle. Exit long when the first bar close of the TMA Slope normalized indicator moves below 0. Look for the first bar close of the TMA Slope normalized indicator that moves below Enter short when the first HA candle turns Red. Other exit position options: Place Stop loss at the previous swing high or low and move stop loss at entry point after 20 pips in gain.