Re: Rijay's System of Moving Averages

44
Auto Trend Lines for MT5
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MOVING AVERAGES AND TIME ZONE DIVISION

( equal division of price zones and time zones by factor - 4)( to match for all crucial H4 candle closing timing, as major exchange like US, london and tokyo's session opeing and closing time falls on closing hours of H4 candles where most of moves comes)( last few moments on any candle is very important for decisive move to take place)(opening and closing time of exchanges is where volume is generated, opening price is set up by amatuer traders and closing prices on exchange is set up by professional trades)( closing prices of session is the price which is the closest to the interbank close price)
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50 ema Daily =13 ema Weelky = 5 ema monthly
200 ema Daily = 50 ema weekly = 13 ema monthly = 5 ema quarterly
200 ema weekly = 50 ema monthly = 13 ema quarterly =5 ema yearly
200 ema monthly= 50 ema quarterly= 13 ema yearly

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for instruments traded 24 hours like forex( for charts available all 24 hours)


13 ema D1 = 50 ema H4 = 200 ema H1
13 ema H4 = 50 ema H1 = 200 ema M15
13 ema H1 =50 ema M15 = 200 ema M5
13 ema M15 = 50 ema M5 = 200 ema M1

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for instruments traded during exchange open time( for charts available only during exchange open time)

13 ema D1 = 50 ema H1 =200 ema M15
13 ema H1 =50 ema M15 = 200 ema M5
13 ema M15 = 50 ema M5 = 200 ema M1

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so H4 of 24 hours traded instruments = H1 of instrument traded only on exchange hours
so H1 of 24 hours traded instruments = M15 of instrument traded only on exchange hours

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so match H4 chart of forex (24 hours chart) to H1 chart of same forex pair with chart available during exchange open time, for better execution when both charts align you have a move available to trade
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note- M30 is the oddest time frame to trade, avoid trading on this time frame.

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zone between 13 ema and 20 ema is all important for short term swing to end, if prices dips below this zone and does not come back above it fast in next few candles , brace for reversal to come and break of this 13 ema and 20 ema zone will flip atr of prices to other side.( usually with large and fast price action bar that will less likely to reverse as it breaks multiple timeframe averages, in one bar, and catches all traders to wrong side and sets panic in traders to make them square off their positions )


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in all time frames 50 ema is the equilibrium point, from where next price action begins and price strength comes

50 ema = 50 level on rsi (14) = centerline of macd= centerline of stlm histogram

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daily close(interbank close),
weekly close,
monthly close,
quarterly close,
yearly close prices are very strong sr levels
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Re: Rijay's System of Moving Averages

45
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.


Re: Rijay's System of Moving Averages

48
at convergence points , with setting period =13 , to see all timeframes turning one by one


color change on explo will give early signals, dots will show alignment of multiple timeframes

Re: Rijay's System of Moving Averages

49
rijay wrote: Mon Oct 07, 2019 4:43 pm at convergence points , with setting period =13 , to see all timeframes turning one by one


color change on explo will give early signals, dots will show alignment of multiple timeframes
Rijay,

You have designed a good system and if you can please get the indicators for daily, weekly, monthly range modified in such a way that it can accommodate other symbols of indices, commodities, etc. most non-currency CFD instruments, it will help a lot.

Preferably like this indicator will be good which covers all TFs.

Unfortunately I only have exe file.

Re: Rijay's System of Moving Averages

50
all time frame macd status in single chart


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