MA Bands Martingale trading system is complete trend following system which is based on Moving average, ATR Bands along with two another trend & momentum indicators.
Moving Average helps to smooth out price data and then ATR is applied on such Moving Average to plot upper and lower bands.MA Bands quickly helps to determent the trend and volatility of the current time frame and if the slope of bands is up then bulls are dominating the market. If the slope of the MA band is down then bears are dominating the market.
MA Bands Martingale Trading Explanation
Haos Visual Indicator is multi time frame trend idicator.If Blue histogram is forming above the Zero level then long term trend is up and if Blue histogram is forming below the zero level then long term trend is down. Yellow line helps to determine the short term trend of the market. If both, short term and long term trend is in one direction then only traders should take long or short trades.
SSRC is momentum indicator which is used as confirmation indicator in this trading system. It gives idea about the oversold and overbought conditions in the market .If SSRC is touching +0.75 then market is overbought and if SSRC is touching -0.75 then market is on oversold conditions.
I have been actively trading the financial markets since April 2012. Besides trading with my personal money I am a technical analyst in a mutual fund that has Rs. 1 billion in assets under management. At my leisure, I love attending live music, traveling, and partying with friends.
Risk Warning: Trading in the forex market is very risky. Thus, it is may not be for everyone. A highly leveraged position can work against the trader when the trade does not work as expected. Trading in the forex market can cause to lose a significant portion of the capital or all of the capital. It is crucial to learn about the trading and gain enough experience in the demo account before trading with real money. The trading strategies published on this website do not guarantee profit as the market is dynamic and unpredictable. The past performance of a strategy is not the indicative of future performance. Trend Following System will not accept any kind of liability or damage caused by trading the strategies published on this website.