I am hoping someone can help me because in my back evaluation and live evaluation, the results that I get are almost incredible.
No need to tell me that the indior repaints and is unworthy, I understand that and it still seems to do really well. This is the system.
Using a TMA on the current TF along with a TMA on the next higher TF, once the lower TF TMA crosses the outer ring of the higher TF ring (signalling a reverse commerce setup ), then our Stop-Reverse indior triggers us into the trade, we enter targeting the other side of the higher TF TMA band. Our stop ought to be a few pips beyond the previous swing. (Depending on time period we're considering )
Hence the first thing would be to change 1 x TMA indior so that it automatically adjusts to the next higher time frame. Then have an alarm once the lower or current TF TMA crosses its band. From there we enter on Stop-Reverse signal. And finally we track the transaction until stopped out or other facet of the higher time period TMA ring is struck....
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Here is an image of a typical trade. This method work nicely on 1/5min charts and even better on 5/15min charts but tracking the trades is the tricky part. I hope someone can assist me . OR, if a thing is not right and I am wrong with this, please allow me to know.
Thanks, jt