200 ema
Tma indicator
Moving average Ribbon (Ma)
when 200 ema is above the upper tma band,the Trend is upward.When the 200ema indicator is below the lower tma band,the trend is upward.When the 200ema is within the tma band,it is a flat trend.However,all the trend types can be traded by this system.Below is the picture of the system setup
BUY RULES
When moving average Ribbon crosess below the central tma line.wait for a blue candle to be formed.At the close that candle,place a buy order.
EXIT RULES
Employ 1:3 Risk reward Ratio or allow the tade to run till ma Ribbon crosses above the central tma line
SELL RULES
Sell rules is opposite buy
EXIT SELL RULES
Exit sell rules is opposite of buy rules
