OPEN-SOURCE SCRIPT
TMA Strategy

The **TMA Strategy** is a trend-following strategy that leverages **Smoothed Moving Averages (SMMA)** and **candlestick patterns** to identify high-probability trading opportunities. It is designed for traders who want to capture strong trends while minimizing noise from short-term fluctuations.
**Key Features:**
✔ **Multiple Smoothed Moving Averages (SMMA):** Uses 21, 50, 100, and 200-period SMMAs to identify market trends and key support/resistance zones.
✔ **Candlestick Pattern Confirmation:** Incorporates **3-line strike** and **engulfing candle** patterns to confirm trade entries.
✔ **Dynamic Trend Filter:** A **2-period EMA** ensures that trades align with the dominant trend, reducing false signals.
✔ **Customizable Session Filter:** Allows users to enable/disable trading within specific market sessions (New York, London, Tokyo, etc.), ensuring trades are executed only during high-liquidity hours.
✔ **Risk Management:** Uses predefined exit conditions based on EMA/SMMA crossovers to lock in profits and minimize losses.
**Trading Logic:**
📌 **Long Entry:**
- Bullish Engulfing or 3-Line Strike pattern appears.
- Price is above the 200 SMMA.
- 2 EMA confirms an uptrend.
- Trade executes if session filter allows.
📌 **Short Entry:**
- Bearish Engulfing or 3-Line Strike pattern appears.
- Price is below the 200 SMMA.
- 2 EMA confirms a downtrend.
- Trade executes if session filter allows.
📌 **Exit Conditions:**
- Long trades exit when EMA(2) crosses **below** SMMA(200).
- Short trades exit when EMA(2) crosses **above** SMMA(200).
**Ideal Markets & Timeframes:**
✅ Best suited for **Forex, Stocks, and Crypto** markets.
✅ Works well on **higher timeframes (15m, 1H, 4H, Daily)** for stronger trend confirmation.
📢 **Disclaimer:**
This strategy is for educational purposes only. Backtest results do not guarantee future performance. Always use proper risk management and test in a demo account before live trading.
🚀 **Try the TMA Strategy now and enhance your trend-following approach!**
**Key Features:**
✔ **Multiple Smoothed Moving Averages (SMMA):** Uses 21, 50, 100, and 200-period SMMAs to identify market trends and key support/resistance zones.
✔ **Candlestick Pattern Confirmation:** Incorporates **3-line strike** and **engulfing candle** patterns to confirm trade entries.
✔ **Dynamic Trend Filter:** A **2-period EMA** ensures that trades align with the dominant trend, reducing false signals.
✔ **Customizable Session Filter:** Allows users to enable/disable trading within specific market sessions (New York, London, Tokyo, etc.), ensuring trades are executed only during high-liquidity hours.
✔ **Risk Management:** Uses predefined exit conditions based on EMA/SMMA crossovers to lock in profits and minimize losses.
**Trading Logic:**
📌 **Long Entry:**
- Bullish Engulfing or 3-Line Strike pattern appears.
- Price is above the 200 SMMA.
- 2 EMA confirms an uptrend.
- Trade executes if session filter allows.
📌 **Short Entry:**
- Bearish Engulfing or 3-Line Strike pattern appears.
- Price is below the 200 SMMA.
- 2 EMA confirms a downtrend.
- Trade executes if session filter allows.
📌 **Exit Conditions:**
- Long trades exit when EMA(2) crosses **below** SMMA(200).
- Short trades exit when EMA(2) crosses **above** SMMA(200).
**Ideal Markets & Timeframes:**
✅ Best suited for **Forex, Stocks, and Crypto** markets.
✅ Works well on **higher timeframes (15m, 1H, 4H, Daily)** for stronger trend confirmation.
📢 **Disclaimer:**
This strategy is for educational purposes only. Backtest results do not guarantee future performance. Always use proper risk management and test in a demo account before live trading.
🚀 **Try the TMA Strategy now and enhance your trend-following approach!**
Script de código aberto
No verdadeiro espirito do TradingView, o autor desse script o publicou como código aberto, para que os traders possam entendê-lo e verificá-lo. Parabéns ao autor Você pode usá-lo gratuitamente, mas a reutilização desse código em publicações e regida pelas Regras da Casa.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Script de código aberto
No verdadeiro espirito do TradingView, o autor desse script o publicou como código aberto, para que os traders possam entendê-lo e verificá-lo. Parabéns ao autor Você pode usá-lo gratuitamente, mas a reutilização desse código em publicações e regida pelas Regras da Casa.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.