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 .

After unpacking and installing the resulting script into the trading terminal folder, then we find the desired indicator in the running terminal and add the GBP/USD pair directly to the chart.

If immediately after installation, multi-colored arrows do not appear on your chart, try restarting your trading terminal several times.

Signals to enter the market will be the appearance of blue and red arrows, usually accompanied by a sound signal.

Blue arrows are a buy signal.

Red arrows are a sell signal.

It is advisable to open positions along the existing trend and immediately after the next correction, this will only increase your chances of success.

The T3MA indicator works more confidently on medium and long time periods, but it all depends on the specific market situation; it is not recommended to use the instrument during flat periods.

We set stop loss and take profit based on the nearest lows and highs of the price, according to the direction of the transaction. For example, when setting a stop loss for a long position, the reference point will be the nearest price minimum.