Hey guys, some guys asked me how I use HMA indicator system, so here it goes.
It is very simple & easy.
First we will need 2 instances of HMA indicators.
First is blue color with settings: Source - Low, Periods 110, Shift 0
Second is red with settings: Source - High, Periods 250, Shift 0
We will get this:
What now need to look for price touching those lines from below or from the above. On picture above we have two signals. Sell & buy. This does NOT happen too often.
As you can see there are lot of false signals. This is completely fine, since we don't trade when any of those HMA's are moving up or down when price touches them.
We also don't trade without trend. Does not matter if price is going down most of the time or not. We do use tick chart, this is system for using HIGH leverage for short-term trades.
I don't have any TP or SL. This is completely in your hands guys. I provide only way of entry with possibility of SMALL drawdown. It is really just idiot proof way of entry. Nothing fancy here.
Max drawdown should be 5 pips. And even this is too much actually. xD
Starting account should be cca 1 000 USD. Starting lot is "1". You need to have feeling for price and what is happening. Without this it will be a bit harder.
Here is small explanation. We need to see trend. Does not matter it is low TF chart. We need big moves up & down. Does not matter the move was only for 20 pips. This is more then enough for such a small acc.
Does not matter what TF we use. This is 1H chart with same system. Of course it is not working here that much. Settings for HMA I used is for tick chart. Not H1 or daily etc...

First we will need 2 instances of HMA indicators.
First is blue color with settings: Source - Low, Periods 110, Shift 0
Second is red with settings: Source - High, Periods 250, Shift 0
We will get this:
What now need to look for price touching those lines from below or from the above. On picture above we have two signals. Sell & buy. This does NOT happen too often.
As you can see there are lot of false signals. This is completely fine, since we don't trade when any of those HMA's are moving up or down when price touches them.

I don't have any TP or SL. This is completely in your hands guys. I provide only way of entry with possibility of SMALL drawdown. It is really just idiot proof way of entry. Nothing fancy here.

Max drawdown should be 5 pips. And even this is too much actually. xD

Here is small explanation. We need to see trend. Does not matter it is low TF chart. We need big moves up & down. Does not matter the move was only for 20 pips. This is more then enough for such a small acc.

Does not matter what TF we use. This is 1H chart with same system. Of course it is not working here that much. Settings for HMA I used is for tick chart. Not H1 or daily etc...