as 13 ema and 20 ema zone is all important, as described above in context to division of averages and time frames
this is how market behaves in all time frames with 13 ema and 20 ema zones in all time frames, market is as classically regular as you can imagine, for years this is how market works and you can trade only with moving averages and price action !
all is convergence and divergence of this zones in multiple timeframes.
now with mt5 with more timeframes available it is more easy to see it .
thanks to mladen and mrtools that some good indicators with color coding helps to see the things easily on chart. if you are getting old like me you need more easy to read colored chart !
mrtools also published one good indicator qwma adaptive fl, which shows the same thing , as described previously in this thread, the same zone and moving averages division works with it too with specified settings on it.
many thanks to him also.
indicators to go in mql4/indicator/Downloads folder
ema guppy display trend - ma -5,13,14
thanks.
Attachments forums
Re: Rijay's System of Moving Averages
rijay, Sun Sep 29, 2019 1:26 pm
- ! rijay atr ma convergence divergence.tpl Downloaded 1282 times 675.02 KiB
- ! rijay atr with ma convergence divergence exchnage time.tpl Downloaded 1307 times 1.66 MiB
- averages - mtf - alerts 9.2.ex4 Downloaded 1389 times 155.61 KiB
- Averages rainbow 1.04.ex4 Downloaded 1444 times 125.61 KiB
- Avg Range.mq4 Downloaded 1322 times 8.06 KiB
- dema macd zones alerts 2.01.mq4 Downloaded 1546 times 8.28 KiB
- Heiken Ashi Smoothed Candle Normal.mq4 Downloaded 1320 times 5.42 KiB
- MACD nrp mtf + alerts 2.mq4 Downloaded 1930 times 8.23 KiB
- macd-osma-on-chart-mtf.mq4 Downloaded 1541 times 49.44 KiB
- settings.txt Downloaded 1166 times 2.15 KiB
- SimpleEMAv2 13 ema mtf.mq4 Downloaded 1326 times 32.53 KiB
- SimpleEMAv2.mq4 Downloaded 1288 times 16.27 KiB
- step one more average 2.3 mtf histo.mq4 Downloaded 1372 times 12.84 KiB
- step one more average 2.3 mtf separate window.mq4 Downloaded 1460 times 21.52 KiB
- step one more average 2.3 mtf.mq4 Downloaded 1351 times 21.52 KiB
- STLM_hist.mq4 Downloaded 1338 times 12.82 KiB
- EMA Guppy Trend Display.mq4 Downloaded 1541 times 16.17 KiB