The
Half Trend with Triangular Moving Average strategy is a method for
trading trend reversals, utilizing the Half Trend indicator in
conjunction with TMA bands. The TMA bands are employed to identify
optimal entry points with a stop loss ratio greater than 1.15. While
the TMA bands may repaint, the strategy remains robust as the TMA
arrows serve as reliable signals for entry positions. The key
strength lies in the non-repainting nature of the Half Trend
indicator, which accurately interprets the instrument’s performance.
The
utilization of TMA bands offers several advantages, notably in
avoiding sideways market phases. Moreover, trading along the bands
reduces the likelihood of prolonged negative streaks, with losses
diminishing as the timeframe increases.
Strategy
Setup
Timeframe:
5 minutes or higher.
Currency
Pairs: Any.
TradingView
Indicators
TMA
Alert (Parameters: 12, 100, 1.62, 4).
Half
Trend (Periods: 20).
Trading
Rules
Buy
Half
Trend line turns aqua.
Enter
at the buy arrow of the TMA (at the opening of the next candle).
Sell
Half
Trend line turns red.
Enter
at the sell arrow of the TMA (at the opening of the next candle).
Exit
Position
Set
initial stop loss based on the timeframe and instrument (e.g., EURUSD
15 min TF 15 pips).
Profit
target: the central line of the TMA band or a minimum stop loss ratio
of 1:15.
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