Tmabands — Indicators and Strategies

TMA Centered Bands Indicator with alerts To activate alert, you must manually create an alert. By selecting in 'Condition' TMA v0.42 and the option 'Any alert () function call'. The types of alerts can be found in the indicator settings. Each time the parameters are changed, a new alert must be created. Good tool for estimation, but in no way should it be used in "signaling" mode since the signals are going to change because of recalculating and repainting.

TMA + OSMA Scalping System System is based on TMA Bands + OSMA + EMA Zone. Signal is generated when: - price recently touched lower or upper band - price is crossing EMA Zone - OSMA is aligned in direction of trade to be taken Natural Target would be opposite band set by TMA.

Any MA bands (TMA bands V2)Hi everyone Website will be opening very shortly :) Sorting out the last details and we're so excited to finally roll-out our different Algorithm Builders for you guys Forewords This present script is an evolution of the TMA bands . I would never have expected that script to become so popular to be honest This is not only a study or idea but a really proven method and I'm glad that many of you are using it already. But please, whenever you see a new script out there, even if it looks cool and promising, please test it on a demo account for a week or on a LIVE account but with tiny amounts every time. Many times, what you see on the chart is not what will happen in reality. I know that most of you will agree and I know exactly why we see this behavior... I'll give more details in a later post I have plenty of methods like that one and I'll detail them on my website (and a bit on TradingView) starting next month TMA bands on steroids Someone asked me privately to make a generic version of the TMA bands and make it compatible with other standards Moving Average types. That's it for the specifications really as I didn't do much than re-using some piece of my own code Suggested (but not mandatory) methodology 1) The Take Profit 1 is the middle line, Take Profit 2 is the opposite band. 2) Once the TP1 is hit, set your Stop Loss to breakeven 3) Once the TP2 is hit, if you still want to stay in the trade, set your Stop Loss to the TP1 It will be a powerful tool in your arsenal for some scalp/intraday trades Wishing you all of you a great and profitable day PS It's strictly forbidden to republish this script without my explicit approval. All my posts are copyrighted from now on Obviously you can use but not republish and get the credit or even worse... some money from your own clients Dave ____________________________________________________________ Be sure to hit the thumbs up. Building those indicators take a lot of time and likes are always rewarding for me :) (tips are accepted too) - If you want to suggest some indicators that I can develop and share with the community, please use my personal TRELLO board - I'm an officially approved PineEditor/LUA/MT4 approved mentor on codementor. You can request a coaching with me if you want and I'll teach you how to build kick-ass indicators and strategies Jump on a 1 to 1 coaching with me - You can also hire for a custom dev of your indicator/strategy/bot/chrome extension/python Disclaimer: Trading involves a high level of financial risk, and may not be appropriate because you may experience losses greater than your deposit. Leverage can be against you. Do not trade with capital that you can not afford to lose. You must be aware and have a complete understanding of all the risks associated with the market and trading. We can not be held responsible for any loss you incur. Trading also involves risks of gambling addiction. Please notice I do not provide financial advice - my indicators, strategies, educational ideas are intended to provide only some source code for anyone interested in improving their trading The proprietary indicators and strategies developed by Best Trading Indicator, the object of intellectual property rights are and remain the exclusive property of Best Trading Indicator, at the exclusion of images and videos and texts free of rights or provided by the Company or external legal or physical person. No assignment of intellectual property rights is carried out through these Terms and Conditions. Any total or partial reproduction, modification or use of these properties for any reason whatsoever is strictly prohibited without the express written authorization of the Company.

Triangular Moving Average (TMA) bands What in the world is up folks ??!?? Here's the indicator of the day. Sharing a simple one today because I'm busy coding for a few clients (fun life of a top script author on TradingView) The TMA bands is an indicator that I discovered on FXCM a few years ago FXCM TMA bands From the screenshot above, we see that when the price hits the lower band, it's a possible reverse BUY signal. When it hits the upper band, it's a possible SELL signal Methodology 1) The Take Profit 1 is the middle line, Take Profit 2 is the opposite band. 2) Once the TP1 is hit, set your Stop Loss to breakeven 3) Once the TP2 is hit, if you still want to stay in the trade, set your Stop Loss to the TP1 That's what we call a trailing stop loss which I offered in the Trade Manager : Trade-Manager-Open-Source-Version/ It will be a powerful tool in your arsenal for some scalp/intraday trades After years of coding for traders, I worked with many brokers/API/languages so I'm very used to convert a script from a broker to another one (shameless self-advertising) PS Tomorrow I'll share the Signal version of my Algorithm Builder: You'll be able to connect it in a single click to a very cool Backtest System made by the Pinescripters community In other words, I'm selling the scripts to allow you to build your own signals in a few clicks AND to connect it easily to a kick-ass backtesting tool. More to come tomorrow Hope you'll like it, like me, love it, love me, tip me :) ____________________________________________________________ Feel free to hit the thumbs up as it shows me that I'm not doing this for nothing and will motivate to deliver more quality content in the future. (Meaning... a few likes only = no indicators = Dave enjoying the beach) - I'm an officially approved PineEditor/LUA/MT4 approved mentor on codementor. You can request a coaching with me if you want and I'll teach you how to build kick-ass indicators and strategies Jump on a 1 to 1 coaching with me - You can also hire for a custom dev of your indicator/strategy/bot/chrome extension/python