Hi Sal,sal wrote: Hi...RplusT
can you share your staratgey in this page and tpl as explained earlier.
I chekced your stratgey explain and snap which is almost similiar of mine .
do you have arrow and alert. how can get these arrows as per stratgey..
well there is nothing special about it. I just use the TMAdGC to create a price channel. It is more a visual thing than anything else. I still trade price action. Having an alert or arrow on something that actually repaints i.e. the actual signal you may see when the move is long on the way makes no sense to me. It is much easier to trade retracements when the channel angle is steep. Also pretty safe this way to trade a few BO from those retracements. I just follow direction. I don't counter trade. I may also add on instead of closing the initial trade when the down/up turn builds a nice channel. I don't add to loosing trades though
In my settings I use high/low for the price. This is why you see two channels each. But the half length and deviation are the same.
As there are different names for the same indicator, i.e. here are my settings:
Inner channel: half length 15, price high/low/ distance 2.7
Outer Channel: half length 66, price high/low, distance 3.6
That's all there is. Happy Trading!
TMA-GC TPL.tpl
