Strategy based on the T3MA indicator.

Indicator strategies for Forex trading in most cases are difficult to apply in practice.

While a strategy built on the signals of the T3MA indicator, on the contrary, is as simple as possible and does not require a high level of preparation from the trader.

The indicator is designed for trading on the GBP/USD currency pair, but if desired, it can also be used on other currencies with similar trend dynamics.

To get started, you need to download the T3MA indicator itself .

Unzip and install the resulting script into your trading terminal folder. Find the desired indicator in the running terminal and add it directly to the GBP/USD chart.

If the multicolored arrows don't appear on your chart immediately after installation, try restarting your trading terminal a few times.

Market entry signals are the appearance of blue and red arrows, usually accompanied by an audible signal.

Blue arrows are a buy signal, while

red arrows are a sell signal.

It's advisable to open positions following the existing trend and immediately after each correction; this will only increase your chances of success.

The T3MA indicator works more reliably on medium and long timeframes, but everything depends on the specific market situation; it's not recommended to use the tool during flat periods.

Stop losses and take profits are set based on the nearest price lows and highs, corresponding to the direction of the trade. For example, when setting a stop loss for a long position, the nearest price low will serve as the reference point.