lazareth1 wrote: Fri Mar 06, 2020 9:40 pm hi Rijay
Thank you for sharing but there are so many indicators which ones do you use?
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moving averages
5, 13(13-20 ema zones), 50 and 200 ema (as it is more synchronized with time frames H4, H1, M15, M5 and M1)
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200 ema to find long term trend, 50 ema to find medium trend, 13-20 ema to find swings, and 5 ema( or jma or macd line or atr stop v1 candles) to catch price action(or just use purely price action reading)
all systems posted here are posted in this context only.
colors and multiple timeframes on single chart helps visibility.
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it holds true for using any indicator, you need to synchronize different timeframes, rather then to try to synchronize with different length of indicator
i.e for example if you are on H1 chart and you also want to see what is going on H4 chart in the same H1 chart , then it is not good idea to use different lenght settings of one indicator(say 20 settings for H1 trend and 50 settings of the same indicator to see H4 trend in this H1 chart) to get idea of trend.
rather it is better to synchronised timeframes with same indicator settings.
for example (H4-H1 timeframe)jurik filter setting of 5 is fast to catch price action, but if i use it on current H1 chart it is too fast, if i choose 13 setting of it on H1 chart to slow it down it is not good idea(as i will loose advantage of its fast reaction ),
so the good thing is to synchronize time frames, by loading the same 5 setting of jurik filter of H4 time frame on H1 chart, that will catch all swings of H1 chart with its fast reaction to prices intact.
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so one option is to synchronize all time frames in one single chart to see what is going on in diffenet timeframes and read it on one chart
or the other option is to analyze all timeframes chart one by one to see what is status of trend on different timeframes.
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for example of H4-H1 trading
for catching H4 swings, 13 ema H4 (13-20 zones) will catch it.
now H4 13 ema = 50 ema on H1 chart, so till prices are above 50 ema of H1 chart you are in upswing on H4 chart , any move towards 50 ema on H1 chart is buying opportunity.
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reverse for down swing
so is for other synchronized time frames as posted before here.