Forex Triangular Moving Average (TMA) Bands Trading System and Strategy with Nihilist Indicators

All Time Best Forex System – Forex Triangular Moving Average (TMA) Bands Trading System and Strategy with Nihilist Indicators. The purpose of the triangular moving average is to double smooth the price data, which will produce a line on your chart which doesn’t react as quickly as an SMA would. This can be advantageous or problematic, depending on what you are using the TMA for.

TMA-Forex-Trading

The TMA calculation is the SUM of SMA values, divided by the number of periods you want to average.

The TMA reacts slower to price changes than other moving averages, such as the EMA and SMA .

This can sometimes keep you in a trend longer, producing bigger profits. But when the trend does turn, the TMA will react slowly, which could mean you give up profits (could have gotten out earlier with another indicator).

 

Forex TMA Bands Trading Rules

 

There is no perfect indicator or moving average.

It is all about how you use it.

Test out the TMA for yourself before utilizing it with real capital. During your testing, use various settings and see if the indicator helps you make better trading decisions.

  • Best Time Frame : 60 min, 240 min, D1 (Daily)
  • Most Recommended Markets : Forex, Indicies and Commodities.
Recommended Article:  High Accuracy Forex Triangle Pattern Trading Strategy With Bollinger Bands MACD

 

Metatrader Trading Indicators

  • Signal Trend
  • RSI (5)
  • Nihilist Majic
  • Nihilist UTF 1
  • Nihilist UTF 2
  • Fast TMA line : TMA period 56, ATR multiplier 2.5, ATR period 100, show alerts true
  • Fast TMA line : TMA period 56, ATR multiplier 3.5, ATR period 100, show alerts true
  • Fast TMA line : TMA period 56, ATR multiplier 4.5, ATR period 100, show alerts true
  • Heiken Ashi,

General rule : trade only in the direction of the trendline.

 

BUY Rules

TMA-Forex-Trading-BUY

  • Wait that the price touches or broken lower TMA bands or bounce middle band;
  • Trendline violet as support;
  • Heiken Ashi candles blue color;
  • Nihilist Magic green bars;
  • RSI (5) line upward and above  50 level
  • Nililist Trend Filter 1 green color;
  • Nihilist Trend Filter 2 green color;

 

SELL  Rules

TMA-Forex-Trading-SELL

  • Wait that the price touches or broken upper TMA bands or bounce middle band;
  • Trendline violet as support;
  • Heiken Ashi candles red color;
  • Nihilist Magic red bars;
  • RSI (5) line downward and below  50 level
  • Nililist Trend Filter 1 red color;
  • Nihilist Trend Filter 2 red color;
Recommended Article:  Forex High-Probability Multiple Time Frames Trading and Analysis

 

 

STOP LOSS Control

For traders that want the upmost of control, stops can be moved manually by the trader as the position moves in their favor. This is a personal favorite of mine.

When using price action, traders can focus on the swings made by prices as trends move higher or lower.

During up-trends, as prices are making higher-highs, and higher-lows – traders can move their stops higher for long positions as these higher-lows are printed.

Once a ‘higher-low’ is broken, the trader will exit the trade under the presumption that the trend that they were trading may be over.



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