Hi all,
Edit to update latest info and compile all latest indicators (17 August 2023)
I open this thread to get feedback (more discussion) Recently i have using TMA ATR Channel indicator and after so many testing/setup i found 1 setup which can give an early signal for entry. I only use this setup for M15 timeframe.
PART 1
Rules
1. Timeframe= m15
2. Early signal when lines intersection or lines touch each other between 2 TMA ATR Channel line occurs
3. If Downtrend- Look at the bottom intersection for BUY Early Signal (Price must touch or near bottom line)
3. If Uptrend- Look at the upper intersection for SELL Early Signal (Price must touch or near upper line)
4. The intersection is not a point of entry but to give hint a trend will be over soon ( new low or new high will form)
Indicator setting
1. TMA ATR Channel no 1= Timeframe= 15, TMA Period=10. ATR Period=25. The rest is default. For color properties only use line 7 and 8 (others choose none)
2. TMA ATR Channel no 2= Timeframe= 30 minutes, TMA Period=30. ATR Period=25. The rest is default. For color properties only use line 7 and 8 (others choose none)
PART 2
Filter RSI ( Entry and ReEntry )
1st RSI=150- Long trend
2nd RSI=50- Medium trend
3rd RSI=25 - this setting to identify reentry point after intersection occurs
Reentry= Follow The Trend
Issue: Before reach Reversal point there will be little bit confusing in identify whether it is a REVERSAL or RETRACE (refer below pic)
Note:
Credit to BlueRain for his awesome indicator namely BR Double TMA Cross Zone Status Scanner in monitoring 24 pairs including metal
i cannot upload the file anymore (reach maximum).
This indicator is here: https://www.forexfactory.com/thread/...2#post14532182
Pls refer picture for more understanding
Hopefully there will be more traders give comments/discussions
Cheers
Edit to update latest info and compile all latest indicators (17 August 2023)
I open this thread to get feedback (more discussion) Recently i have using TMA ATR Channel indicator and after so many testing/setup i found 1 setup which can give an early signal for entry. I only use this setup for M15 timeframe.
PART 1
Rules
1. Timeframe= m15
2. Early signal when lines intersection or lines touch each other between 2 TMA ATR Channel line occurs
3. If Downtrend- Look at the bottom intersection for BUY Early Signal (Price must touch or near bottom line)
3. If Uptrend- Look at the upper intersection for SELL Early Signal (Price must touch or near upper line)
4. The intersection is not a point of entry but to give hint a trend will be over soon ( new low or new high will form)
Indicator setting
1. TMA ATR Channel no 1= Timeframe= 15, TMA Period=10. ATR Period=25. The rest is default. For color properties only use line 7 and 8 (others choose none)
2. TMA ATR Channel no 2= Timeframe= 30 minutes, TMA Period=30. ATR Period=25. The rest is default. For color properties only use line 7 and 8 (others choose none)
PART 2
Filter RSI ( Entry and ReEntry )
1st RSI=150- Long trend
2nd RSI=50- Medium trend
3rd RSI=25 - this setting to identify reentry point after intersection occurs
Reentry= Follow The Trend
Issue: Before reach Reversal point there will be little bit confusing in identify whether it is a REVERSAL or RETRACE (refer below pic)
Note:
Credit to BlueRain for his awesome indicator namely BR Double TMA Cross Zone Status Scanner in monitoring 24 pairs including metal
i cannot upload the file anymore (reach maximum).
This indicator is here: https://www.forexfactory.com/thread/...2#post14532182
Pls refer picture for more understanding
Hopefully there will be more traders give comments/discussions
Cheers
Attached File(s)
TMA ATR Channel.mq4
24 KB
|
859 downloads
RSIALERT.mq4
4 KB
|
492 downloads
|
Uploaded Aug 16, 2023 7:40pm
Semafor+123Triangles.mq4
29 KB
|
456 downloads
|
Uploaded Aug 16, 2023 7:40pm
DailyHighLowWithRevesalCandle.mq4
8 KB
|
454 downloads
|
Uploaded Aug 16, 2023 7:40pm
Symbol changer profit display v3.ex4
33 KB
|
397 downloads
|
Uploaded Aug 16, 2023 7:43pm
TMA-Double-Cross-Arrow-Alert.mq4
17 KB
|
570 downloads
|
Uploaded Aug 16, 2023 7:43pm
! #1 A 2023 2TMA FF.tpl
31 KB
|
432 downloads
|
Uploaded Aug 16, 2023 7:46pm