The Half Trend with Triangular Moving Average strategy is a method for trading trend reversals, utilizing the Half Trend indicator in conjunction with TMA bands. The TMA bands are employed to identify optimal entry points with a stop loss ratio greater than 1.15. While the TMA bands may repaint, the strategy remains robust as the TMA arrows serve as reliable signals for entry positions. The key strength lies in the non-repainting nature of the Half Trend indicator, which accurately interprets the instrument's performance.
The utilization of TMA bands offers several advantages, notably in avoiding sideways market phases. Moreover, trading along the bands reduces the likelihood of prolonged negative streaks, with losses diminishing as the timeframe increases.
Strategy Setup
Timeframe: 5 minutes or higher.
Currency Pairs: Any.
TradingView Indicators
TMA Alert (Parameters: 12, 100, 1.62, 4).
Half Trend (Periods: 20).
Trading Rules
Buy
Half Trend line turns aqua.
Enter at the buy arrow of the TMA (at the opening of the next candle).
Sell
Half Trend line turns red.
Enter at the sell arrow of the TMA (at the opening of the next candle).
Exit Position
Set initial stop loss based on the timeframe and instrument (e.g., EURUSD 15 min TF 15 pips).
Profit target: the central line of the TMA band or a minimum stop loss ratio of 1:15.
Download
https://drive.google.com/drive/folders/1V4mDtPYfAb7QB2F6vfkmdgBVvCHHTqaz?usp=sharing
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