Trading 101

This is Daily, weekly and monthly ADR.
You can use this indicator in your manual trading.
I use different settings than Default one. I use 14 Range period.
Hope it will help you understand market condition better.

Let me share my top down thought process, After that I am sure you will understand my thought process and apply this system in your trading.

US30. Weekly chart.
1. All ema in the same directions which is up in this chart.
2. price close above 5 ema.
3. Candle behavior. We can see small candle last 3 week. Infect price is moving with the range of 1 weekly candle. conclusions , price is moving slow. Strong break out could happen in upcoming weeks.
4. Gann and super trend is up too.
5. This week close positive. small positive but it close with positive. so we can expect this week high or low or both will break out next week.

Us30 daily chart.
Price did not touch weekly adr.
We are observing price is moving slow.

Other things same as weekly chart.
super trend is bearish, Because of strong down side move previously super trend indicator turn bearish.

Candle price with in the range of 1 big candle. Previous 2 day high has broken in the las day of the week.
conclusions , Market is slow but moving towards upside.

H4 Chart.
1. we are in a box. seems like box will break out towards upside. could move lower and move with in the box.
2. ema direction is up.
3. Gann turn positive.

Gentle Hasib, Thank you for sharing your interesting strategy. I also am a fan of US30.

May you so kind to share with us the indicator with candles and the other with arrows?

Thank you in advance.

Hi
since I don't have any monitor in this system I use, Ichimoku Trend monitor for quick understand of current market condition.
You can use it.

Anyway, If any one interested they can create monitor for this system like Ichamoku monitor.
1. All time frame EMA directions 5, 10, 20, 34. if all ema up monitor should point up. if not monitor should show other signal. if down show down.
2. Gann High low average LWMA direction.
3. Heiken ashi indicator

If the monitor is like Ichamoku monitor it will be better. They can keep Ichamoku monitor as well no problem with that.
If any coder do that it will be great.
candle indicator you will find in FF. I will share the link.
If anyone need Ichamoku monitor source code let me know I will share it here.

where will your favorite indicator fail?
where will your system fail?
After losing some trade can you handle the pressure?
or you double the lot size for recovery?

A role reversal price level (RRL)
A role reversal occurs when a certain price level, once seen as a support on a price chart, is broken and then changes to an area of resistance.

The entry is on the daily chart after the break of the wedge .
Those were 3 analysis of the market making the view clear.
images sources :
https://tradingeconomics.com/
http://www.worldgovernmentbonds.com/
https://www.barchart.com/
https://www.tradingview.com/

Can you please provide a Template. Please.

try this TPL

Lets see how it goes.

I am observing how price react 34700 level and this area of interest.

Final trade of the day.

market is slow all of a sudden price spike and come back to normal. Trading this kind of chart and market conditions requires skills.
Need proper risk management so that losing a few trade will not harm much.

It took 7 hours to break this level and break out did not even hold price come back to range again.

There is no doubt that we are in slow market conditions. In slow market condition if you think you will enter a trade and you will get home run you will lose more.

In us market open I am expecting something like this. Again I am ready to any side move. But I am currently expecting upside more in upcoming session.

There's too much to read, but I really like the effort though! Really appreciate it. Once I have a little bit of free time, I'm gonna read this and try this out. Here's to hoping it'll perform well! Cheers!