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- BenderTrader replied Nov 19, 2014
Hi Jacquemate I like the idea of KISS ( keeping it sweet n simple) and I loved the idea of Renko Bars ever since I heard of them cos it makes more sense than time candles anyday and measures Price Action I have an Idea - what about adding two EMAS ( ...
- BenderTrader replied Nov 13, 2014
I See - thank you - the way I use the band is if prices closes above the bands I filter it with MACD and wait to sell it to TP at bottom band - if 1 HR then TP1 at mid line and TP 2 at bottom...Please see below chart and let me know your thoughts ...
- BenderTrader replied Nov 12, 2014
Hi there Direwolf Lovely thread you got going here - glad to see so many other users of TMA Bands Basically here is a chart setup for my trades I use the TMA with True Distances Indicator and the Bollingers to show me the ceiling and Floors which is ...
- BenderTrader replied Nov 11, 2014
Lets see if 184.20 is broken...if not we could be on the way down - this is the line in the sand A break now of 183.45 will signal weakness for now image
- BenderTrader replied Jul 25, 2014
Hi EU trade was in profit yesterday, now in the red, but holding it still...I usually set TP at 150 pips and trail from there Let me know which pairs you are using this on image
- BenderTrader replied Jul 24, 2014
Sorry here is the full picture image
- BenderTrader replied Jul 24, 2014
Hi Jasper You have an excellent point, this is the only problem with this system, is sometimes you can be drawndown.....what I suggest is apply a filter like MACD to enter only once left the cloud ( see below) either way still returned excellent ...
- BenderTrader replied Jul 23, 2014
Once the price closes below the TMA Band with a yellow dot I enter on next candle and then whenever the dot appears I keep adding positions but on the next candle image
- Posts by Member Search: 'BenderTrader'