TMA Bands With Stochastic Jurik Smooth Forex Scalping Strategy

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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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