How to Successfully Counter Trend Trade with TMA Band Counter Trend Trading System. Contrarian investors perform counter-trend trading strategies – purchasing shares when prices are low and selling when they’re high.
This “TMA Band Counter Trend Trading Strategy with OsMA CCI Filter” is very simple and easy to master.
- Time Frame: M30, H1, and H4
- Currency Pairs: GBPUSD and EURUSD
- TMA True
- Commodity Channel Index
- Price upward from the blue zone of TMA True indicator
- OsMA histogram above 0 level
- Commodity Channel Index line above 50 level
- Price downward from the red zone of TMA True indicator
- OsMA histogram below 0 level
- Commodity Channel Index line below -50 level
- Initial stop loss above the red zone or below the blue zone
- Risk Reward Ratio 1:2 or 1:3
- Counter trend trading is not for beginners. Use a demo account or a small live account first to practice this trading system