Trend Trading Strategy TMA Bands with Stochastic
Trend Trading Strategy TMA Bands with Stochastic - is a profitable combination of the trend channel indicators Triangular Moving Average and Stochastic oscillator in its arrow interpretation without redrawing.
The strategy TMA Bands with Stochastic is suitable not only for trading on the trend, but also for binary options.
Input parameters
- Currency pairs: any
- Timeframe: M5 and above (for binary options expiration time 5-7 candles, depending on the timeframe)
- Bidding time: any
- Risk management: after calculating the stop-loss, choose this lot size (option), so that the risk was not more than 2-5% of the deposit per transaction
Used indicators
- TMA CG Mladen (half length 50, price 6, deviation 1.61)
- TMA 55 (half length 10, price 0, deviation 2.4)
- Stochastic Buy Sell arrows (5,3,3)
Setting up the price chart
- Unpack the archive
- Copy the template into the templates folder
- Copy the indicators to the folder MQL4 -> indicators
- Restarting the terminal
- Open the chart of the desired currency pair
- Set a template named TMA Bands with Stochastic
The schedule should look like this:
Signals indicating the opening of a long position (buying a Call option)
- the candle closed under the lower boundary of the white TMA;
- The lower boundary of the white TMA is below the blue TMA;
- a green up arrow appears.
Signals indicating the opening of a short position (buy Put option)
- the candle closed above the upper boundary of the white TMA;
- The upper boundary of the white TMA is above the red TMA;
- a pink down arrow appeared.
Setting Stop Loss and Take Profit Orders
- stop loss is set above/below the previous local maximum/minimum;
- The position is closed when the price reaches the median line or the opposite border of the channel CG Mladen TMA.
Trend Trading Strategy TMA Bands with Stochastic - is an advanced version of the classic combination "trend indicator + oscillator", which, through the use of the author's indicators, has more profitable trading signals.
Download TMA Bands with Stochastic Strategy Template and Indicators