Forex Trading with the TMA Bands Automated Strategy
FXPIP.ONE team created TMA Bands automated strategy in forex robot EA MPGOv5 (for MT5).
TypeTMAFiltre=1 means the EA reads from a single TMA timeframe and trades mean reversion when price exits the band.
TypeTMAFiltre = 1 & KeepTMAxOposite = false
This strategy use one SlowTMA at one TimeFrame.
Sell if current price at current Bar (#0) > UpperBand of SlowTMA
Buy if current price at current Bar (#0) < LowerBand of SlowTMA
Signals only from outside channel into Center of channel. Inside channel No Signals.
Warning:
It can open in big trend antitrend positions – human must control maxpositions and stoplosses in set of EA. Very good work in sideway or range market with lastTP.
What to Expect from the Strategy:
- Suitable for range-bound markets
- Flexible stop-loss and take-profit settings
- Supports multi-pair grid trading approach
See more about TMA Bands automated strategy in this video:
Download the EA and free TMA Bands automated strategy set file today – click here to try the live demo!
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