TMA Bands With Stochastic Jurik Smooth Forex Scalping Strategy
This system is a contrarian-trend trading system based on the 2 indicators TMA bands. This is applicable on a 15 minute or higher timeframe and works on any pairs.
Metatrader Indicators:
- TMA +CG Madlen (TMA True),
- T3 Dragon 1 (bars indicator),
- Stochastic Jurik smooth (10, 14, 3);
- MACD (12,26,9).
Buy Entry:
- The price is in the lower channel and line white of Stochastic jurik smooth cross upward other lines.
Sell Entry:
- The price must be in the upper channel and line white of Stochastic jurik smooth cross downward other lines.
Exit Position:
- Profit Target predetermined, depends by currency pairs and time frame or ratio 1:1.2 stop loss.
- Stop loss for buy 2 pips below lower band;
- Stop loss for sell 2 pips above upper band.
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