Update v.1 sniper rishijay trading system new arrow in arsenal

hello, friend4you,

in your image i see two types of bands,

one with thin line (tighter and faster bands)

other with thick line.(that you use for price breakout above bands)(slower and wider bands)

new templet that i got shows only dotted red line band and white dotted line bands, thick line bands are not visible. am i missing something out of templet ?

correct me if i am missing something.

thanks for uploading corrected templet.

hello, friend4you,


here is image after overlapping indicator! ATR Bands 2 best.ex4 on your templet. it overlaps exactly on dotted red line bands.

if i consider dotted red line as your wider bands then also i need settings on ! ATR Bands 2 best.ex4 for making it tighter bands as is seen in your image.

As written, these bands are similar and differ only on the standard smoothing settings that I did not change. You can try the settings in the earlier posted settings picture.

You all shall find out settings for the wider bands, more eyes see more.

Wide bars do not occur as often to use it as an entry trigger.
Any suggestions to filter sideways, dear readers?

I like your ema 64 in some of your templates as I used 63 very often (3 times of popular 21). 34 is also a fibbonacci number and may fit like the yellow line of MACD3.
How do you use these Heijden MACD3 exactly?
Why don't you use MACDtape any more?

hello, friend4you,

Heijden MACD3 golden line keeps me in trend as you can see in image. your observation of golden line is also right it is not exact 50 ema but it is between it and near fibbonacci number , so it is faster to react then conventional 50 ema.


magenta diamond bars(hawkeye widebar) are high volume and price bars that helps in breakout also. also hawkeye heatmap indicator i also use . as per the claims of hawkeye traders that it shows price volume action, their claim is right and it is very accurate most of times for entry.

as per previous discussion i can not upload it here but you can find it out on internet and on forex station and test it out.

i think it will help you to trade in cases where you enter on breakout above your thick lined atr bands.
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in uptrend aim is to trend price above blue cloud and blue color on macd tape with blue color price bars only

in downtrend aim is to trend price below pink cloud, red color on macd tape and red color bars
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hello, friend4you,

golden line gives the first retracement to fibbonacci number , that retracement you can buy.

so with this system i need not use fibbonacci overlap indicator to show me various fibbonacci levels that i previously was using. golden line auto adjusts for that purpose.

now i need fibbonacci only to check complete trend reversal beyond 61.8 %

use dynamic zone dll file posted in this thread for these indicators to function.

So, is this the way, your main chart looks like now (all our templates are on indictors in indicators/Downloads folder)?
Thanks for your openness. I don't like, that others do not post much, just because you posted indicators you like. People have to exchange their experience, not just fetch many indicators and change systems every week. Losses are part of the game.
The last indicators are also good. But many traders use just indicators that show similar things like the trend instead of using oscillators to filter times of ranging markets. Yours are good, but MACD3 just shows, that there WAS a stronger trend. Price can stay there. Therefore, I like these bands, I posted. The human eye can see with them ranges better than any indicator. Ask an EA-creator: It is difficultest thing to filter non-trending markets by calculations.
We are on a good way.

hello, friend4you,

you are right sideways markets are best filtered by human eyes.
i do not use EA, as i find manual trading better to detect ranging markets. so you will not find EA in this thread.

you still can post EA or indicators of your choice here.

sniper rishijay trading system remains the same as posted with the same rules.

my main chart looks like as it was with sniper rishijay system that is posted here. no change except for few things that i have already mentioned regarding hawkeye indicators as i find it useful.

i am posting extra indicators here because i find it useful someway or other, so thaught of sharing it with others .

you are always welcomed to give your ideas and views.

as everyone knows, most difficult part of trading is to identify sideways market. any suggestions to filter sideways market is welcomed from any member.

hello, friend4you,

regarding your question of templet that you have uploaded,

the answer is yes, you have got the right indicator from internet, you will not find this indicator easily on internet, as the owner of it are very keen to get it removed from any thread as has happened in my older thread and older version of my system where i included it in my system.

this indicator is nonrepainting and very useful too, if you are planning to use it check out raitis cy filter indicator(with default settings)(indicator is posted here on this thread) also with it. this gives better vision and many times faster entry also. i do cross check with this indicator also.

What is the RSI settings?

or please help with the template, the template not working

what TIME FRAME IS BEST to trade this system on?

hello, princesammy,

follow steps for bug fix of 1090 build of metatrader version if indicator is not visible.
then indicator will work on your mt4.

hello, namco,

this system works on all time frames

The template I posted should work, if you have the indicators and template posted now unpacked in indicators/Downloads-folder.
The last template of Brijeshsinh is added here, it's not mine with 2 different bands. I still wait, what you all think of my ideas presented in the pictures of my last posts. I don't think that raitis helps much.
https://www.forexfactory.com/attachm...4&d=1505493177
https://www.forexfactory.com/attachm...0&d=1505731407
https://www.forexfactory.com/attachm...0&d=1505806652
https://www.forexfactory.com/attachm...9&d=1505299596
https://www.forexfactory.com/attachm...9&d=1505460583

hello, friend4you,

nicely done.
thank you.

How to fix bug of 1090 build of metatrader version?

Thank you.

Good day guys. I really like the system and i think it could have a good future.

But what I have to say is you have to get clear what a strategy you wanna trade you cant cut out all Ranges and trade the trend. To many filter will filter out most of great trades.

Focus on its strengthes not weakness es.

I will trade this system I like the colors. But I will better focus on money and trade management than get every trade correct

Change a line and compile mq4 again in Metaeditor. It occurs just, when you can see data in data field, but not on chart.

With just ex4-files, you should ask the developer to do it.
Some older mq4-files are not compatible to Mt 4. There will be no newer Mt 4 than 1090.