jasonx wrote: Tue Jan 08, 2019 1:19 am
thank you very much mladen! sir rijay, how to use this set of indicators? is the system multi-frame and multi-symbol?
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it is better idea to load basic averages like 13 , 50 and 200 ema on chart and analyse every system in context to this moving averages as this moving averages provides area of support and resistance levels too.
add trendline on it , as trendlines are more powerful then any other indicators. adding fibbo levels is also good idea, as even strong trending markets also pause at crucial fibbo levels.
find area of compression , to get better entry points, point of convergence of moving averages are this areas of compression, that is followed by price expansion.
analyze in multiple time frames to find convergence of moving averages in all time frames. like in attached image. markets are like compression (convergence ) and expansion(divergence) going on alternatively.
trading is like grab your profit and run away. just hit quick and run away even quicker when you have your profit.
hope this helps to you.
common myths-
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everyone finds himself king of trading in market.
facts--
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1) Mr. Market is the only king, so it is better to align with it, those who tried to be king of market are either in jail or are dead !
2) only SIR here on this forum is Mladen and Mrtools.