Trading is as simple as ABCD

Lets face it , its struggling so gone safe and to BE but will leave TP just under 5 min upper band...



Was never 100% happy buying a downward sloping 5 min so protecting my capital, to fight another day..

Clive

red and green small channel,,,,is that the 1min or 5min channel
can tou post your template....im trying to.follow along but dont know why my chart not matching yours

Making its way across now to upperband which of course is our preffered direction with a downsloping 5 min channel so shall i sell when it gets there???

There you go target hit 9.5 pips in the bag now do I sell at 5 min higher band???

watching for a long to setup on USDCAD

yes 5 and 15min channel is down,,,scalp it

Hi All.
I have stumbled across a thread on here called "Come Surfing Fx With Me System"
It also uses the TMA Bands as the main indicator. Some interesting stuff there.
They are using indy's for entry and exits. Might come in handy?

Have a good weekend all.
Pieter

when this sells down to the bottom of the channel from here it will be abeautiful long as all 3 1,5,15min channel will be together

Will this work better going with the 5 minute channel???

your baby clive

i think supply demand plays apart in this system

Interesting reading.....

More uses for our TMA

Actually my signals are looking a bit stiff compared to some others , but theres plenty of them everywhere...



Find yourselves a nice sloping 5 minute channel and trade the signals in direction of 5 min trend and if you catch s strong 15 min trend try to hold for the opposite 15 min touch...

dont close the trade clive,,,sell the 1min channel to the bottom of the 5min and 15 min channel then perfect for trade reversal

Quick update on that one, got knocked off at BE then missed the next signal, shame its going nicely..



The repainting doesn't look too bad on these charts as still tradable signals..

USDCHF sell knocked off for a pip...

Sorry Jason got Knocked me off at BE....



Will try that buy trade if it comes down that far...

Didn't come all the way back so missed the first CCI signal...



But never say never its coming back for me...

Don't know why I'm messing around with this USDCHF with horizontal 5 min channel as Golden rule is to only trade strong trending pairs so minimium requirement should be the 5 minute channel sloping at about 45 degrees. Just shows how you can get involved in ranging markets with these trading channels.

Still need to keep in mind strong trenders like these...





Trouble is its hard to find a strong trender on the opposite side of the 5 min channels as by definition they will be on the side they are trending towards..

Maybe just eyeball the trading channels and any sloping nicely have the outer bands alert on...

Unfortunately The two strategies don't mix too well..

Mind you its not too bad in a ranging market either look at these signals top and bottom of channel working fine, plus the repainting not an issue here either.



I think the repainting is more an issue in fast moving markets where the TMAs update themselves up to 15 candles later. For instance a falling price will drag the TMA down quite quickly so repainting quite large differentials to the original signal , but I have seen some good signals at the time and then look back later and they don't look so good so I think its half a dozen of one and 6 of another..

If you just remember they are trying to predict where price is going to turn based on where its turned previously , so as long as price is moving fairly consistently they will mark it out quite well, but think of them more as turning zones rather than exact points so look for the price action to confirm the move rather than just hit it at the TMA. At least use a pending order so price has to move your way to get you in...

Personally I see these trading channels as a map of where the best areas to enter are on our 1 minute charts , simple as that and very very effective..

Just look at these reactions???



It almost seems insane that a prediction like this can work out so accurately...

Just to put this one to bed for anyone that is interested...

A 2 minute time lapse video of 30 minutes M1 taken this afternoon using the 2 versions of TMA. Keep your eye on the white lines.

I figured it might be useful for 3 reasons:
1. To confirm that the non-repainting version doesn't repaint
2. To explain to anyone who might be confused what we mean by "repainting"
3. To show the amount of repaint of this particular indicator.