------------------------------------------------------------------------------------------------------------------------------------ key is to find out convergence points on 50 ema and then see the context of that convergence point in respect to its position with higher time frame and trade trendline breakouts. ------------------------------------------------------------------------------------------------------------------------------------------------------- higher timeframe trend drives the price direction from this convergence points from this convergence points track the reaction move for entry, with price action or jma or macd line or 5 ema on that timeframe ( all are in the same boat with price action the fastest) macd tape -of macd line and macd signal line = 13-20 ema zones on that timeframe centerline of macd =50 ema -------------------------------------------------------------------------------------------- ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ best entry points-- when there is convergence of this zones with each other, more timeframes converges at a point the better the move, and higher the timeframes converges the longer the trending move to emerge +++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ how to filter sideways markets-- when price stength will emege - in any time frame 13 ema and 20 ema zone is make or break zone for short term swing to end prices falling below this zones will flip the atr to the other side for that time frame take position only when there is convergence of this zones preferably higher time frame zone convergence for entry on lower time frame. do not trade when there divergence of this zones as sideways market will follow after divergence of this zones away from each other and price will mean reverse again towards 50 ema. =------------------------- thanks to Mladen , Mrtools and Xard --------------------------------------------- mt4 - create Downloads folder in indicator folder of mt4 terminal and put all indicators in this folder, for this templets to work, otherwise this templets will not work. mt5- create Downloads folder in indicator folder of mt5 terminal and put all indicators in this folder for this templets to work, otherwise this templets will not work. - put templets in mql5/profiles/templets folder ---------------------------------------------------------------------------------------------------------------------------------------- _______________________________________________________________________________________________________________________________________ _________________________________________________________________________________________________________________________________________ indicator setting= ==================== creating macd on chart with moving averages and t3 ribbon- (for use of it as on chart macd in mtf mode) averages ribbon - filled (mtf + alerts + arrows) settings - load with fast moving average period =1 and slow ma period =50( both exponential moving average)( for trading on H1 chart use H4 settings on average ribbon settings and for trading on H1 chart use H1 settings on average ribbon settings) on this ribbon filled, load t3Ma ribbon filled simple mtf 1.1(t3 ribbon indicator for mt5) with following settings settings- t3 period1 =5 t3 hot 1= 0.2 t3price1 =close t3original1=true t3 period2 =11 t3 hot 2= 0.63 t3price2 =close t3original2 =true ------------------------------------------------------------------------- settings of ma_candles_mtf indicator overlap 3 copies of this indicator with folloing settings one by one 1st copy settings-- ma1=1, color settigs - 0= black (line width =1 ) ma2=13, 1=black (line width =1 ) ma1 mode =1 2=black (line width =3 ) ma2 mode=1 3=black (line width =3 ) ma1 price=0 ma2 price=0 ma1 shift=0 ma2 shift=0 bar width=1 candle width=3 timeframe= 1440(daily) on this load 2nd copy with following settings- ma1=1, color settigs - 0= none (line width =1 ) ma2=13, 1=deep pink (line width =1 ) ma1 mode =1 2=none (line width =3 ) ma2 mode=1 3=deep pink (line width =3 ) ma1 price=0 ma2 price=0 ma1 shift=0 ma2 shift=0 bar width=1 candle width=3 timeframe= 240(H4)(4 hour) on this load 3rd copy with following settings- ma1=5, color settigs - 0= lime (line width =1 ) ma2=13, 1=none (line width =1 ) ma1 mode =1 2=lime (line width =3 ) ma2 mode=1 3=none (line width =3 ) ma1 price=0 ma2 price=0 ma1 shift=0 ma2 shift=0 bar width=1 candle width=3 timeframe= 15(M15)(15 minutes) note- in case of instruments traded during exchange time only(6-7 hours a day) in second copy replace H4 time with H1 ( 1 hour) settings -- ---------------------------------------------------------- t3Ma ribbon filled simple mtf 1.1(t3 ribbon indicator for mt5) indicator as macd on chart in mtf mode on this settings each timeframe shows equal to that time frame macd on chart and helps to see context of macd of all timeframes in single chart settings- t3 period1 =5 t3 hot 1= 0.2 t3price1 =close t3original1=true t3 period2 =11 t3 hot 2= 0.63 t3price2 =close t3original2 =true ------------------------------------------------------------------------------------ jurik filter for ea indicator settings - jurik and filter period to use =5 jurik phase =0 jurik smooth double =false price to use =close filter to use for filtering =0 filter should be applied to = apply filter to all jma shift =0 important note- use this setting in multiple timeframe(mtf) mode- like set jurik filter above setting with H4 timeframe setting for trading on H1 timeframe, jurik filter above setting with H1 timeframe for trading on M15 timeframe and use it with below settings of jurik ribbon on chart loaded in multiple timeframes on chart ---------------------------------------------------------------------- jurik_smooth_ribbon_nmc( for use of it as on chart macd in mtf) smooth 1 period=12 smooth price= close smooth 1 phase= o smooth 2 period=50 smooth price= close smooth 2 phase= o ------------------------------------------------------------------ price_vs_maverage_zones_nmc indicator settings ma period =13 ma mode =1 price=5 --------------------------------------- cci zones nmc indicator settings- (use like H4 settings for trading on h1 timeframes) cci period=14 cci price=5 -------------------------------- The best average true range(ATR) period to trade with is 10 The best average daily range(ADR) period to trade with is 10 ----------------------------------------------------------- in any time frame 13 ema and 20 ema zone(=macd tape of macd line and macd signal line) is make or break zone for short term swing to end prices falling below this zones will flip the atr to the other side for that time frame this templet shows all timeframes zones( of 13 ema and 20 ema ) for this in single chart using moving average rainbow best entry points-- when there is convergence of this zones with each other, more timeframes converges at a point the better the move, and higher the timeframes converges the longer the trending move to emerge ------------------------------------------------------------------------------------------------------------------------ how to filter sideways markets-- take position only when there is convergence of this zones preferably higher time frame zone convergence for entry on lower time frame. do not trade when there divergence of this zones as sideways market will follow after divergence of this zones away from each other and price will mean reverse again . ============================================================================ jurik_smooth_ribbon_nmc( for use of it as on chart macd in mtf) smooth 1 period=12 smooth price= close smooth 1 phase= o smooth 2 period=50 smooth price= close smooth 2 phase= o -------------------------------------------------------------- ATRStops_v1_Candle- settings- Length=1 ATRPeriod=7 Kv=2.2 Shift=0 -------------------------------- MTF MCP PRICE MA DIFFERENCE 1--- MA period-50, ma method- exponential, -------------------------------------------- dema macd zones alerts 2.01 green--7,71,49 red- 85,22,17 max value-20000 to show on all symbols ______________________________________________________ squeezed one more average-- averaging period- 50 applied price-close speed- 3 should it be adaptive -true learn to cut your losses in demo before you start trading live. calculate profit and loss in terms of money and not in term of pips, that will give idea of how much money you can afford to loose and still survive. keeping single position open at a time is good idea. if your entry is right your position will be in profit immediately and sl will not be tested. if that does not happen then either you are trading sideways markets or it is time to reassess your assessment of the trend. leverage is good recepie to go broke. do not loose your capital. aim to survive for long. moving averages and trendline always works to see overall market condition. roughly swing lasts for 7-10 bars, then expect to book profits. ------------------------------------------------------------------------------ general settings of ma MODE_SMA = 0 Simple moving average, MODE_EMA = 1 Exponential moving average, MODE_SMMA = 2 Smoothed moving average, MODE_LWMA = 3 Linear weighted moving average. PRICE_CLOSE = 0 Close price. PRICE_OPEN = 1 Open price. PRICE_HIGH = 2 High price. PRICE_LOW = 3 Low price. PRICE_MEDIAN = 4 Median price, (high+low)/2. PRICE_TYPICAL = 5 Typical price, (high+low+close)/3. PRICE_WEIGHTED = 6 Weighted close price, (high+low+close+close)/4. ----------------------------------------------------------------------------