CRB/TMA Intraday Trading

[txfxtrader]

This looks interesting so would like to share it for testing and improving if any interest. Could possibly catch intraday for a few pips here & there.

Indicators:
30 EMA - close
CRB - 1 pip
TMA - 56
DT_ZZ - 5

Long entry:
-Look initially for 30 EMA to be below low TMA band (still trade long as long as EMA doesn't cross upper TMA band)
-CRB has a red dot
-CRB then penetrates or closes below low TMA band
-CRB closes up with green dot
-Enter long

Just the opposite for short set ups. Risk can be up to you (will try up to 5 pips with spread). TP can 1X or 1.5X risk.


Attached is an example of a long trade. Black vertical lines shows only trade long. Blue vertical line is the set up CRB. Lime vertical line is entry.

[txfxtrader]

Short set up

[txfxtrader]

Script, indicators & template