Hi Capstone, I once had the indicator that made the row of arrows but removed it. Can you give me the name of the indicator? Nice trading! Thanks

Daytrading/scalping with high leverage - my proven strategy

Thanks Favorite. Nice thoughts about the width of the TMA 5. I currently have 3 TMA 5 bands(ATR 2.0, 1.5, 1.0) on my 1 minute chart now to see how well the inner bands work. I think as long as there's enough distance between them from high to low, ...

Daytrading/scalping with high leverage - my proven strategy

One more example using 4 hour. Notice MACD divergence for additional confluence.

Daytrading/scalping with high leverage - my proven strategy

Just change the ATR to 1.6

Daytrading/scalping with high leverage - my proven strategy

For those that like to swing trade, here's an example of a 4 hour chart with entry @ red arrow & stop just outside of new swing point.

Daytrading/scalping with high leverage - my proven strategy

One more example of the possibilities of these entries if the market is swinging nicely. Also, note the divergence in the MACD(yellow trendline with red check-mark). Entry @ red arrows.

Daytrading/scalping with high leverage - my proven strategy

Hi Again, Just another idea about getting entries at or near the TMA 5 bands. I added one more TMA 5 so now have 2 on the M1 chart. This will give more entries but market will not be at quite the extreme so less reliable. Also, I added the Chaos ...

Daytrading/scalping with high leverage - my proven strategy

Readers have been asking to try the "TrueTMA" for backtesting & I thought I just needed to let them know I'm not interested in a different indicator & felt I should explain my reasoning for lack of concern about the "repainting". The "True TMA" will ...

Daytrading/scalping with high leverage - my proven strategy

OK, a few thoughts on the "repainting" issues with the TMA bands. I know most will probably disagree with this but with this indicator, I prefer that it DOES repaint. Let's look at an example. The slope of the bands was up a few minutes ago based ...

Daytrading/scalping with high leverage - my proven strategy

Hi jsf, Thanks for the suggestions. I've been to the TMA extreme sight & read parts of it. I didn't like the TMA slope histogram as well as the MACD & didn't care for the dashboard either. I'll do more reading there to see if I can get any more ...

Daytrading/scalping with high leverage - my proven strategy

Thanks Favorite for all your information on this as well.

Daytrading/scalping with high leverage - my proven strategy

Hi All, Yes, I understand the situation with the repainting & I've been watching it. I agree the trades I posted may not have been the same in real time but from what I've seen, the TMA 5 usually adjusts a bit later on so the cross point changes & ...

Daytrading/scalping with high leverage - my proven strategy

Another example. Entry @ red arrow. Target near TMA upper band (rectangle). Notice divergence of MACD (yellow lines drawn). Another trade earlier in same picture. That one was with the slope of TMA 5 so even bigger profits$$$$

Daytrading/scalping with high leverage - my proven strategy

One more example. Entry @ red arrow where TMA 1 is about to re-enter TMA 5. Target near TMA 5 in rectangle. This trade is better since TMA 5 slope is up so better profit potential. Again, disregarded cloud since market was at extreme. If you look at ...

Daytrading/scalping with high leverage - my proven strategy

Hi Favorite, I haven't attached pictures before so this may not be right but will attempt. If it shows up, here's what I see. TMA 1(red) touches TMA 5(yellow) @ arrow about to re-enter TMA 5 zone. Trade entry is when the lines touch (red arrow). ...

Daytrading/scalping with high leverage - my proven strategy

Hi Traders, Thanks DNA, Favorite, George & others for a great thread. I did some review of the TMA bands. On the same line as Favorite just posted, I noticed that if the TMA 1 band(s) go outside of TMA 5, it's a pretty good entry if you wait until ...

Daytrading/scalping with high leverage - my proven strategy

Thanks DNA. Tired of all the negative posts.

Daytrading/scalping with high leverage - my proven strategy

Thanks George! Will try it today. Have a good weekend!

Daytrading/scalping with high leverage - my proven strategy

DNA, thanks for blowing the account. Probably the best way to get rid of all the sceptics. Hard to believe how difficult it is get some to figure out what you were trying to show. You don't have to prove anything to me. I hope now we can concentrate ...

Daytrading/scalping with high leverage - my proven strategy

Very nice DNA!

Daytrading/scalping with high leverage - my proven strategy