.

this is the kind of disproportionate underperformance and outperformance exist at times between eurusd and gbpusd

at present eurusd is trading well below its previous high and is falling, whereas gbpusd is still trading at its previous high and has not fallen in line with rise of usdindex,

now either eurusd has to rise again beyond it previous high so that gbpusd can surpass its previous high or gbpusd has to fall to catchup with eurusd fall.


since lifting eurusd back to its previous high will need a lot of money, more easy is to sell gbpusd and expect it to fall .

this is more than 36 hours now since this disproportionate move exists and things will change fast once eurusd falls more form here.

the templates not working, only show moving average

NateBeruk wrote: Sun Jan 17, 2021 9:54 am the templates not working, only show moving average

it is moving averages only(5,13(20),50,200 exponential moving averages)

from convergence points of this averages price starts moving fast with break of trendline of consolidation, till convergence of moving average is not there it is waiting on the sidelines only

as in image convergence of moving averages is there on gold and silver, so prices will move fast from here, let the market decide the direction up or down, which will come either at european session or us session when currency starts trading especially EUR and USD

it should load like in image with colors.

NateBeruk wrote: Sun Jan 17, 2021 9:54 am the templates not working, only show moving average

.as EURUSD and dollarindex have convergence of moving averages prices starts moving right from frankfurt open (technically it is set up right), threatening to break trendline of consolidation,

now currency markets is also lined up for significant move along with gold and silver convergence, and there is significant outperformance still on gbpusd in comparision to eurusd, so gbpusd will fall more if eurusd breaks trendline,(which i think it will) and that breaK of trendline of usdindex may bring in fall on s&p 500 too ,

real fall of gbpusd, gold and silver will come with break of this trendline onH4 candle close in european session, and at another H4 candle close at us session open time

rijay wrote: Tue Jan 26, 2021 4:42 pm






.as EURUSD and dollarindex have convergence of moving averages prices starts moving right from frankfurt open (technically it is set up right), threatening to break trendline of consolidation,

now currency markets is also lined up for significant move along with gold and silver convergence, and there is significant outperformance still on gbpusd in comparision to eurusd, so gbpusd will fall more if eurusd breaks trendline,(which i think it will) and that breaK of trendline of usdindex may bring in fall on s&p 500 too ,

real fall of gbpusd, gold and silver will come with break of this trendline onH4 candle close in european session, and at another H4 candle close at us session open time

do you have this one for mt4?

NateBeruk wrote: Wed Jan 27, 2021 12:44 am

do you have this one for mt4?

this is similar to moving averages that you can use,

its xard candles with indicators of mladen and mrtools, to reflect 5,13(20), 50, 200 emas with colors for easy visibility

xard777 wrote: Mon Nov 04, 2019 12:32 am Rijay, I notice that you are into macd in a big way, have you done any work on dema crossovers?
Apparently the dema crossover uses the macd for confirmation to help filter out false moves.

I am interested in the dema crossover, if you any info on it would help.
All the best
Xard777

.

back ground bias is perfect for the day, and with xu v2 fx3 painting the bars in sync with that bias, showing exactly those bars that should be traded,

power to ongoing trend comes from higher timeframe bias always.

can not expect anything better with 2nd dot and semafore bias to display higher top and higher bottom and lower top and lower bottom pattern visibly

thanks to Xard.

Hello rijay,

can you post your setup with template and indies?
Your setup looks very interesting and I would like to try it out.

Regards
D.