TMA Slope Indicator Free Download - Trend Following System

Feedback on Trading System

I built a forex trading strategy recently for a friend, and wanted to share it / get some feedback on it, as most of the systems I build trade stocks and are more fundamental/macro based!
The system was inspired by this forexfactory post: https://www.forexfactory.com/showthread.php?t=343533 but I've made a few changes.
The Filter:
I didn't like the proposed TMA slope indicator as the calculation and cutoff values seemed too arbitrary to me, so I take the 5 bar ROC of an EMA and smooth it. I divide this value by its standard deviation to scale it for higher timeframe analysis. I take the value of this adjustedSlope at the 4H, 1D, 1W timeframes, and sumproduct them with weights of 40%, 30%, 30% to give a little more strength to recent movements. I call this the overallSlope (for future reference).
I describe the the market regime under these rules:
(overallSlope > overallSlope[1] and overallSlope > 0) = bullish
(overallSlope < overallSlope[1] and overallSlope < 0) = bearish
(overallSlope > overallSlope[1] and overallSlope < 0) = neutral
(overallSlope < overallSlope[1] and overallSlope > 0) = neutral
Just like the system from ForexFactory, only long trades can be taken if its bullish, only short trades can be taken if its bearish, and either trade can be taken if its neutral.
The Setup:
I believe this portion is identical to the original stated system. Take the 50 bar Triangular Moving Average on the 4H timeframe, where the UpperBand is TMA + (2.5 * H4ATR) and the LowerBand is TMA - (2.5 * H4ATR).
If the market regime is bullish/neutral and the price has traded below the Lower Band then we're setting up for a buy and vice versa with a bearish/neutral market regime and price trading above the Upper Band.
I'm considering switching this to Median Absolute Deviation Bands as I like using the modified Z Score but I'm unsure of applying it directly to a price series instead of indirectly through an indicator or factor, I assume the median isn't very effective due to the actual series drifting, where as its (more) static when applied to Earnings Yield or something.
The Trigger:
For the trigger I'm on the 1H TimeFrame using the MACD histogram crossing 0, but the MACD is based on the Jurik Moving Average instead of the standard. A couple years ago when I first started getting into programming and playing forex, the JMA was something I stumbled on and wrote up and I really like it, it's very effective and smoothing a series, allowing the use of shorter lookback values without the MA being too "jittery".
Exits:
On the losing side, at open a stop loss is placed at (2 * H4ATR) below(above) the low(high) if we're going Long(Short). I'm currently split between two exits on the profit side. Right now my current exit criteria for a hypothetical long position is a bearish MACD Histogram crossover while we are above the TMA (the "midline"). The other strategy I'm considering is half off at the midline and the other half off at the Upper Band, but I think this isn't great because it can reverse and hit the stop effectively nulling the trade.
Risk Management:
For the risk management of the system I'm using position sizes standardized to risk 3% of the account on each trade by calculating how far away the stop is, and scaling the # of units until $risk = AccVal * .03.
Additional Comments:
As of right now I only have it fully coded on TradingView and I've made sure to use open prices for everything to avoid? (not sure if this completely handles this issue, please let me know) lookahead bias and I'm in the process of translating my code into my backtesting system but a lot of what I've built is equity related so I have some work to do to get it running right for forex. In TradingView I have it plot the Entry, Stop, and two targets, and the background shifts based on if it's long/short/flat. https://imgur.com/a/A1UQi04

I look forward to any thoughts or comments y'all may have, thanks for reading!
submitted by ilovemygirlfriend69 to Forex [link] [comments]

Forex parabolic mutitimeframe trading system with tma slope custom indicator TMA Trading Strategy - Prince TMA Forex MT4 Indicator How To Strategy TDI With TMA System - Forex Trading Technique Download TMA Bands MTF Forex Trading System Strategy For ... EA_TMA scalping System(revH){Trend follow Forex Robot ... TMA Bands MTF Forex Trading System

TMA Bands Strategy is a trading system based on more triangual moving average (in this case TMA that ricalculates filtered also by momentum indicators. This trading sytem uis for scalping and swing trading. TMA Bands MTF Forex Trading System is a combination of Metatrader 4 (MT4) indicator (s) and template. The essence of this forex system is to transform the accumulated history data and trading signals. TMA Bands MTF Forex Trading System provides an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye. Based on this information, traders ... TMA Bands MTF Forex Trading System is a combination of Metatrader 4 (MT4) indicator(s) and template. The essence of this forex system is to transform the accumulated history data and trading signals. TMA Bands MTF Forex Trading System provides an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye. Based on this information, traders ... TMA Forex Session Category: Utilities. Author: Maros ... USDCAD, USDCHF and likely many more. A VPS is advisable when trading this system and a low spread and commission based broker is best. Check the comments for back test results and optimiz FREE. Extremum Reverse Bar. Yurij Izyumov. This indicator has been created for finding the probable reversal points of the symbol price. A small ... In the pictures TMA Bands MTF forex system in action. TMA Bands. Trading System. TMA Bands MTF.rar. compressed file archive 21.1 KB. Download. TMA Bands various Template. Submit by Janus Trader 15/06/2012 TMA Bands 1 min, 5 min. TMA Bands 1-5 min. Forex Trading System. TMA Bands 1-5 min.rar. compressed file archive 43.4 KB. Download . TMA Bands Omid H1. TMA h1 omid. TMA h1 omid.rar. compressed ... The System: Extreme TMA. The market is cyclical and like a pendulum, is a never ending sequence of extremes. It forever tries to reach the mean but never succeeds, constantly overshooting its mark, reversing and trying it again but always failing to reach balance. This system attempts to capture those extremes. It is a compendium of my understanding of the market, brought to its simplest ... TMA Bands MTF is a forex trading system developed using following metatrader indicators: TMA Bands and TMA Angle. Below you can find some basic features of this system. Timeframe: 1H; Pairs: all of them; Metatrader Indicators: TMA Bands, MA Angle, NonLagMA(21), 4x 2010 Sema indicator; Sell signal: Look for candle closed above any TMA bands and enter sell when non-lagma turns red, TMA angle is ... 426# Traders Dynamic Index Forex System; 427# Trend Rider Trading System ; 428# No loss Trading; 429# Fx Fischer Indicator Trading System; 430# TMA Bands with RSI; 431# Multi Trend Trading System; 432# Snake and the Wave; 433# Forex Secret Agent; 434# Not so squeezy; 435# Auto Trend Forecast; 436# Forex Profit Launcher; 437#Kagi Trading system; 438# GP Lauer Trading System; 439# ASCTrend with ... I’ve attempted to be successful at Forex trading for 6 years some up but mostly downs. Thanks to you Al (Dr Joe and Strats) I have been enlightened. Your method is what I have witnessed over the 6 years run. I have a much better understanding of the market now. Thank you. I look forward to talking with you in the future 1. Post # 15,824; Quote; Aug 10, 2020 4:57pm Aug 10, 2020 4:57pm calvez ... TMA Slope Indicator can be applied to trade all kinds of forex currency pairs within the financial markets. In addition, it suits all sorts of timeframe charts of the MT4 trading platform allowing you for both scalping and day trading. Contents hide. TMA Slope Indicator Overview. Explanation. TMA Slope Indicator: Buy Conditions. TMA Slope Indicator: Sell Conditions. TMA Slope Indicator ...

[index] [16274] [14651] [20770] [11626] [3550] [10841] [18209] [3333] [5442] [17753]

Forex parabolic mutitimeframe trading system with tma slope custom indicator

ForexMT4Indicators.com is a compilation of free download of forex strategies, forex systems, forex mt4 indicators, forex mt5 indicators, technical analysis, forex no deposit bonus, forex deposit ... EA_TMA scalping System(revH){Trend follow Forex Robot} It use some indicators to read trend directions. For more detail: https://bit.ly/2nqlqvH Twitter for F... Download This system now [click the link below]: https://operateforex.com/forex/download-tma-bands-mtf-forex-trading-system-strategy-for-mt4/ Recommended bro... Guide Channel and provide the tools and trade forex systems, binary option. Keeping the channels of the financial news and gather the knowledge related to financial investors have good knowledge ... ForexMT4Indicators.com are a compilation of free download of forex strategies, forex systems, forex mt4 indicators, forex mt5 indicators, technical analysis and fundamental analysis in forex trading. forex trading,forex,trading,day trading,forex trading for beginners,forex trading tips,what is forex trading,forex trading strategies,how to trade forex,live trading,forex trading live,live forex ... Abiroid Extreme TMA System Arrows And Scanner Dashboard Indicators - Metatrader 4 - Duration: 31 ... Forex.Today: - Weekly Trade Planning - Monday 1 June 2020 Forex.Today 308 watching. Live now ...

https://binaryoptiontrade.choschiaku.tk