where are low risk entry points and anticipating next fast price action

- at convergence of moving averages 13 and 50 ema( at this points there is maximum convergence of all lower timeframes with maximum compression of prices of all lower time frames, so one can anticipate price expansion ahead)
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where are good sr and sl zones ?
- at area where there is convergence of ma
-at areas from where there was fast and big price action.

beware all sr will be broken in trending markets, so sr on long term timeframes will come in to play always and will hold more importance.

rijay wrote: Sun Jul 07, 2019 12:19 am where are low risk entry points and anticipating next fast price action

- at convergence of moving averages 13 and 50 ema( at this points there is maximum convergence of all lower timeframes with maximum compression of prices of all lower time frames, so one can anticipate price expansion ahead)
-----------------------------------------------------------------------------------------------------

where are good sr and sl zones ?
- at area where there is convergence of ma
-at areas from where there was fast and big price action.

beware all sr will be broken in trending markets, so sr on long term timeframes will come in to play always and will hold more importance.

Hi Rijay,
Thank you for your detailed explanation. You read it somewhere but if you see it on a chart then you can understand it very well.

When will strength come ?
though qwma is not macd, it is still better to show on chart all time frame trend , more better then macd as it is adaptive as is needed to see atr of prices , to filter noise.

all good work of mladen and mrtools.

division of price and time zones

division with qwma adaptiv fl

templet and indicators attached

indicators in indicators -Downloads folder

how to find whether volume generated is buying volume or selling volume on any candle, if volume confuses you more.

as candle reflects everything in what happened inside it by its appearance, and buying and selling volume starts first on lower time frames , then reflects on higher timeframe candle,

the indirect way to find whether the volume generated is buying volume or selling volume is by measuring the distance of candle from moving average in pips in all timeframes starting from lower timeframes, is the easiest way to get a gauge of buyers and sellers dominance on candle at any timeframe.

this indicator measures the distance of price from specified moving average in pips and shows it in real time , as buying and selling pressure that is going on.

set moving average to 13 ema , as i find it optimised to atr of prices or try your own !
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note- reliable volume is generate when there is interbank closing and opening hours overlap on major country sessions, that synchronizes with H4 candle close, and that is when good price action is anticipated.

like, tokyo close and london open overlap
london close and us open overlap
us close.

Can you Please Share This Template and Indicators Required which shows Coloured Filled Moving averages and Coloured Candles.

Thanks.

rijay wrote: Mon Jul 22, 2019 1:13 pm

Hi,
I am using MT4. By any chance Can I generate this same in MT4. If you can provide settings / parameters to use to generate this.

In MT4, I have Ribbon filled MA indi and MA Cross Indi.

Thanks.

rijay wrote: Mon Jul 22, 2019 1:13 pm

In this MT5, Template File is missing. Please share if you can.

Thanks.