TMA True and WPR forex Strategy is a intraday forex strategies.
Time Frame : 15 min, 30 min, 60 min.
Currency pairs : All pairs
color MA( 12, 1, green buy, red sell)
TMA True with distance
Rules TMA True and WPR forex Strategy :
First step is to identify the trend. Next step is to make sure that current wave is moving in the same direction. Only then, we can safely open a trade.
we have color ma red cross downward middle band of TMA True (yellow line);
WPR Bars (low and fast) are RED, That means according to current market conditions we have aSELL signal.
We have color ma green cross upward middle band of TMA True (yellow line)
WPR Bars (low and fast) are yelllow, That means according to current market conditions we have a Buy signal.
Exit/Stop Loss :
stop loss should be 3-5 pips below/above middle band (yellow line)
Profit Target on the pivot levels or predetermined
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