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.
Re: Rijay's System of Moving Averages
#22Hi Rijay,rijay wrote: ↑Sun Jul 07, 2019 12:19 amwhere 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.
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.
Trade what you see, not what you think
Re: Rijay's System of Moving Averages
#23When 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.
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.
Re: Rijay's System of Moving Averages
#25division with qwma adaptiv fl
templet and indicators attached
indicators in indicators Downloads folder
templet and indicators attached
indicators in indicators Downloads folder

 ! qwma adaptive division.tpl
 (73.18 KiB) Downloaded 478 times

 qwma_adaptive (mtf + alerts + fl).ex4
 (68.7 KiB) Downloaded 494 times

 QWMA adaptive  floating levels 1.2.ex4
 (64.71 KiB) Downloaded 484 times

 dema macd zones amp alerts 2.ex4
 (35.97 KiB) Downloaded 485 times

 dema macd zones amp alerts 2.mq4
 (9.04 KiB) Downloaded 493 times

 step one more average 2.3 mtf histo.mq4
 (12.83 KiB) Downloaded 483 times

 step one more average 2.3 mtf.mq4
 (21.52 KiB) Downloaded 491 times
Re: Rijay's System of Moving Averages
#26how 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 !

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.
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 !

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.

 MTF_MCP_Price_MA_Difference.ex5
 (137.15 KiB) Downloaded 296 times

 MTF_MCP_Price_MA_Difference.mq5
 (78.14 KiB) Downloaded 311 times
Re: Rijay's System of Moving Averages
#27Can you Please Share This Template and Indicators Required which shows Coloured Filled Moving averages and Coloured Candles.
Thanks.
Thanks.
Re: Rijay's System of Moving Averages
#28
 ma__ribbon_2_2.ex5
 (45.92 KiB) Downloaded 341 times

 ma__ribbon_2_2.mq5
 (11.52 KiB) Downloaded 342 times

 moving_averages.ex5
 (20.55 KiB) Downloaded 339 times

 moving_averages.mq5
 (5.63 KiB) Downloaded 347 times

 ATRStops_v1.1.mq4
 (3.08 KiB) Downloaded 363 times

 ATRStops_v1_Candle.ex5
 (18.36 KiB) Downloaded 354 times
Re: Rijay's System of Moving Averages
#29Hi,
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.
Re: Rijay's System of Moving Averages
#30In this MT5, Template File is missing. Please share if you can.
Thanks.