Suggestion Intraday Trading System - No Repaint

I found a pretty cool system on google, I'll share it with you guys.let's try it out

This simple system is based on three metatrader 4 indicators CCI Filter, Half Trend as timing for entries in the market, TMA Bands with distance for to determine the best position for entry in the market based on oversold and overbought. The principle of this system is simple to wait until the price touches or breaks the upper or lower bands and wait for the half-trend entry signal confirmed by the Commodity Channel Index. In high time frames the timing of entry can only be CCI no need for Half Trend. Gold Intraday System can also be used at high time frames and with all currency pairs, so it is also suitable for trading with high / low binary options.


Time frame 1 min or higher.

Currency pairs: Gold and all.

Binary options high/low (time frame 1 min, 5 min, 15 min) expiry time 5-15 candles depends by time frame.



Metatrader 4 Indicators

TMA Bands with distance, half length 61, ATR 2.6, ATR period 110.

TMA Bands with distance, half length 61, ATR 3.8, ATR period 110.

Half Trend Time frame 1 min and 5 min (amlitude 2), Time frame 15 min and higher amplitude 1.

CCI 18 period level 100, -100.

Pivot points levels indicator only for scalping and day trading.

Buttons editable with all preferred currencies in the indicator setting. Optional.



Buy

Wait until the price touches or breaks the lower bands TMA and wait for the half-trend buy arrow, signal confirmed by the Commodity Channel Index > 0.

Place initial stop loss below slow TMA bands and profittarget before the upper TMA bands or take profit at the pivot points level.



Sell

Wait until the price touches or breaks the upper bands TMA and wait for the half-trend sell arrow, signal confirmed by the Commodity Channel Index < 0.

Place initial stop loss above slow TMA bands and profit target before the lower TMA bands, or take profit at the pivot points level.

 

good

 

I really appreciate it. Thank you.

 

merci je vais tester

 

TMA bands will keep recalculate and re-align(redraw) the bands,if your half length period set to 61, it will recalculate the bands degree from 61 bars. use back tester to see what I mean.

 

I know that but when the price broke the TMA and reversed the combination add halftrend and CCI . it will help the entry rate to have a higher win rate.

 

Before I had use this strategy, also use half trend and some filter, when you look back, it's nicely shown if you took those signals if the price broke the tma bands. but unfortunately, after many bars, the previous price has broken tma bands,now the tma shifted and the signal became within the bands, not outside the bands..

 

and maybe if your current signals are within the bands and didn't broke the tma bands, but after many bars, again, tma recalculate and shifted, now the signals you look back became outside the bands.

 

This is my review for this thread:
And another repainting TMA crap system

 

With how many periods do you trade the halftrend indicator?

 

What is a TMA band? I see this indicator like an envelope indicator
seems different formula with Bollinger band, that using deviation to figure the line.

 

hello friends, someone test this indicators, repaint or not

 

2 & 4. No matter what the trend period is still the same, because bands recalculate.

 

I usually use a range of 2 for scalp and 14 for swing.I noticed that if I trade on H1 or above, the 2nd range will give many orders that are wrong

 

I strongly suggest you go No Nonsense Forex youtube channel and learn the real knowledge and real trading way. Trade in Daily time frame.

 

I just retested the half trend system with a range of 14.it will make us around 3000pip if you trade in the H1 timeframe.

condition is to trade all currency pairs from 9.AM-23.PM

after 23PM close all trades whether win or lose, green or red. total last August still got 3000pip

 

wish you green pips always.