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TMA ATR channel cross

  • #41
  • Aug 11, 2023 3:47am Aug 11, 2023 3:47am
Quoting mchl13
Hello Bluerain, same problem as watercooler are you using the settings in post 31? {image}
Try this minor changed version.

First Shorter TMA time frame is chart TF.
2nd Longer TmA time frame is M30.
Attached File(s)
File Type: mq4 BR Double TMA Cross Zone Status Scanner v1.00.mq4   49 KB | 798 downloads
  • #42
  • Aug 11, 2023 4:43am Aug 11, 2023 4:43am
Quoting Watercooler
{quote} Chào BR, tôi đă làm như bạn nói và tải lại indi nhiều lần nhưng không thành công (không có tín hiệu nhưng char hiển thị tín hiệu), vui ḷng tham khảo biểu đồ bên dưới {image}
Sorry if my english is a bit bad. You can ask yourself about the entry, if after the TMA crosses, wait for the price to touch the TMA, if the trend is down, BUY, if it is up, SELL. Is that right? If I'm wrong, please correct me. Thanks
  • #43
  • Aug 11, 2023 5:06am Aug 11, 2023 5:06am
Quoting tienphuc2910
{quote} Sorry if my english is a bit bad. You can ask yourself about the entry, if after the TMA crosses, wait for the price to touch the TMA, if the trend is down, BUY, if it is up, SELL. Is that right? If I'm wrong, please correct me. Thanks
hi tienphuc2910,

pls refer post number 1
  • #44
  • Aug 11, 2023 5:09am Aug 11, 2023 5:09am
Quoting Watercooler
{quote} chào tienphuc2910, bạn tham khảo bài số 1 nhé
I'm sorry, I re-read and understood. Are you trading, can you take a sample for me to refer to the entry point? Thanks
  • #45
  • Aug 11, 2023 5:15am Aug 11, 2023 5:15am
Quoting BlueRain
{quote} Try this minor changed version. First Shorter TMA time frame is chart TF. 2nd Longer TmA time frame is M30. {file}
Many Thanks BR. Works like a charm
Happy trading
  • #46
  • Aug 11, 2023 10:52am Aug 11, 2023 10:52am
Quoting tienphuc2910
{quote} I'm sorry, I re-read and understood. Are you trading, can you take a sample for me to refer to the entry point? Thanks
next week i will try post a sample
  • #47
  • Aug 11, 2023 11:36am Aug 11, 2023 11:36am
Since I was using similar technic before, I have mapped some of indicators I apply together with this method.
It is easier if you change color for shorter TMA color to like yellow to identify intersection area.


1. ZigZag - if you apply like 34, 21, 12 - it will map many of those Peak & Valley to the area of TMA ATR Channel Intersection of two Time Frame.

2. Double MACD, ( 12, 26, 1 & 5, 15, 1 ) it should match peak & Vally to the area of TMA ATR Channel Intersection of two Time Frame.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 34 KB
Click to Enlarge Name: screenshot.png Size: 43 KB
  • #48
  • Aug 11, 2023 1:33pm Aug 11, 2023 1:33pm
Quoting BlueRain
Since I was using similar technic before, I have mapped some of indicators I apply together with this method. It is easier if you change color for shorter TMA color to like yellow to identify intersection area. 1. ZigZag - if you apply like 34, 21, 12 - it will map many of those Peak & Valley to the area of TMA ATR Channel Intersection of two Time Frame. 2. Double MACD, ( 12, 26, 1 & 5, 15, 1 ) it should match peak & Vally to the area of TMA ATR Channel Intersection of two Time Frame. {image} {image}

Thanks for sharing. Your idea will help to handle DD with double confirmation and it will also improve the return percentage.
Love for all; Hatred for none.
  • #49
  • Aug 11, 2023 5:39pm Aug 11, 2023 5:39pm
Quoting BlueRain
Since I was using similar technic before, I have mapped some of indicators I apply together with this method. It is easier if you change color for shorter TMA color to like yellow to identify intersection area. 1. ZigZag - if you apply like 34, 21, 12 - it will map many of those Peak & Valley to the area of TMA ATR Channel Intersection of two Time Frame. 2. Double MACD, ( 12, 26, 1 & 5, 15, 1 ) it should match peak & Vally to the area of TMA ATR Channel Intersection of two Time Frame. {image} {image}
Hi BlueRain,
I have something you might like to add to your screen to clean things up a little or not.
Sessions on a button and all auto.
Attached File(s)
File Type: ex4 Sessions(auto) v1.8 - BT.ex4   43 KB | 509 downloads
  • #50
  • Aug 11, 2023 8:10pm Aug 11, 2023 8:10pm
Quoting cdk1212
{quote} Hi BlueRain, I have something you might like to add to your screen to clean things up a little or not. Sessions on a button and all auto. {file}
Thank you.

However, my screen is from MT5.
I use FXSSI.TradingSessions and few other indicators from FXSSI.
  • #51
  • Aug 13, 2023 3:34am Aug 13, 2023 3:34am
Quoting BlueRain
Since I was using similar technic before, I have mapped some of indicators I apply together with this method. It is easier if you change color for shorter TMA color to like yellow to identify intersection area. 1. ZigZag - if you apply like 34, 21, 12 - it will map many of those Peak & Valley to the area of TMA ATR Channel Intersection of two Time Frame. 2. Double MACD, ( 12, 26, 1 & 5, 15, 1 ) it should match peak & Vally to the area of TMA ATR Channel Intersection of two Time Frame. {image} {image}
Hi BR,
Good observation. I will try and post the progress
  • #52
  • Edited 12:14pm Aug 13, 2023 11:37am | Edited 12:14pm
Attached Image (click to enlarge)
Click to Enlarge Name: tma.jpg Size: 307 KB

Attached File(s)
File Type: ex4 tma-channel-04 (mtf + BT).ex4   69 KB | 557 downloads
Attached Image (click to enlarge)
Click to Enlarge Name: VJ Sniper V3 Indicator.jpg Size: 243 KB
Attached File(s)
File Type: ex4 VJ Sniper V3 Indicator.ex4   29 KB | 768 downloads
  • #53
  • Aug 14, 2023 12:31am Aug 14, 2023 12:31am
Hi Traders,
Today im using zig zag and semafor to find good entry/reentry and what i noticed that between 1st intersection and 2nd there will be HnS formation.
so im using zigzag to easily see this pattern and the semafor 123 triangles to detect any triangles formed.
If someone has HnS indicator pls share here so more testing can be made
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDUSD,M15] IS=INTERSECTION 14 OGOS 2023.jpg Size: 68 KB
Click to Enlarge Name: HNS.gif Size: 7 KB
Attached File(s)
File Type: ex4 Semafor+123Triangles.ex4   34 KB | 328 downloads
File Type: mq4 Semafor+123Triangles.mq4   29 KB | 375 downloads
  • #54
  • Aug 14, 2023 9:55pm Aug 14, 2023 9:55pm
Quoting Watercooler
Hi Traders, Today im using zig zag and semafor to find good entry/reentry and what i noticed that between 1st intersection and 2nd there will be HnS formation. so im using zigzag to easily see this pattern and the semafor 123 triangles to detect any triangles formed. If someone has HnS indicator pls share here so more testing can be made {image} {image} {file} {file}

This is the biggest challenge. The expected intersection do not form although the "current" slope shows that the intersection will be formed in short time.
refer below pic 14.8.2023 and 15.8.2023
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Slide2.JPG Size: 61 KB
Click to Enlarge Name: Slide3.JPG Size: 62 KB
  • #55
  • Aug 14, 2023 10:14pm Aug 14, 2023 10:14pm
Hi BR,

Can you modify the DailyHighLowWithRevesalCandle to become 4H HighLowWithRevesalCandle and 1H HighLowWithRevesalCandle?
The purpose is to find a confluence for entry after 1st intersection.

Many thanks
Attached File(s)
File Type: mq4 DailyHighLowWithRevesalCandle.mq4   8 KB | 371 downloads
  • #56
  • Aug 14, 2023 11:23pm Aug 14, 2023 11:23pm
One way to identify Peak and Valley is to use Heiken Ashi

You can see HA candle color is changing once there is intersection of M15 and M30 of ATR TMA Chennel and price has formed reversal.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 13 KB
  • #57
  • Aug 15, 2023 12:46am Aug 15, 2023 12:46am
Quoting BlueRain
One way to identify Peak and Valley is to use Heiken Ashi You can see HA candle color is changing once there is intersection of M15 and M30 of ATR TMA Chennel and price has formed reversal. {image}

Good morning from here. I want to thank you very much for your time and sharing this trading method. Please I want to know if the arrows appear do they disappear later, I mean do they repaint?

Thanks.
  • #58
  • Edited 2:02am Aug 15, 2023 1:36am | Edited 2:02am
Quoting penuelophir
{quote} Good morning from here. I want to thank you very much for your time and sharing this trading method. Please I want to know if the arrows appear do they disappear later, I mean do they repaint? Thanks.
TMA ATR Channel is based on "MA Line" at the center and add ATR Values on upper and lower value.
Any indicator that is based on Moving Average will repaint.
Naturally, ATR lines will be repaint also as MA and ATR lines are drawn as price is moving

More likely, it won't repaint on older candles but it will repaint latest candles.

Arrow indicator is just calling underline indicator and check the value of Upperline and Lowerline and check if it is crossed.
If underlaying indicator is repaint, I assume it will repaint.


You shouldn't use TMA ATR Indicator as "Buy/Sell Signal" but use it as "Proximity to Reversal".

First you identify area where more likely price will reverse using this TMA ATR Channel.
Once you have area - use other indicator to confirm when reversal happens.
HA candle is not lagging - and it gives a good indication of price reversal when you combined with TMA ATR Channel.

Below Picture is from ATR study and you will see what is the chance of reversal when price hit certain ATR level.

At the same time, you will see most of currency shows same behavior - similar reversal chance shown in all currencies.
Just watch out if price has reached certain ATR level - which will indicate potential reversal probability %.

When price hit 100% of ATR, there are 58% chance of continue and 42% chance of reversal.
However, if price hit ATR 200% line, there are only 3% chance that price will go higher or lower and 97% chance of reversal.
if you wait and enter reversal when price hit 200% line, your trade will win 97% of time.

TMA ATR Channel gives good overview to find out price and ATR level at the same time.

That is how you use TMA ATR Channel - not as signal, but to measure if there is higher % of reversal.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 121 KB
  • #59
  • Aug 15, 2023 4:15am Aug 15, 2023 4:15am
I've got another setting which gives us more intersection.
setting is
FAST
Timeframe= 15
TMA Period= 10
ATR Period=25

SLOW
Timeframe= 30
TMA Period= 30
ATR Period=25

Happy trading
Attached Image (click to enlarge)
Click to Enlarge Name: NEW SETTING 15 10 15 8 2023.png Size: 19 KB
  • #60
  • Aug 15, 2023 4:21am Aug 15, 2023 4:21am
Quoting BlueRain
{quote} TMA ATR Channel is based on "MA Line" at the center and add ATR Values on upper and lower value. Any indicator that is based on Moving Average will repaint. Naturally, ATR lines will be repaint also as MA and ATR lines are drawn as price is moving More likely, it won't repaint on older candles but it will repaint latest candles. Arrow indicator is just calling underline indicator and check the value of Upperline and Lowerline and check if it is crossed. If underlaying indicator is repaint, I assume it will repaint. You shouldn't use TMA...
Very interesting post, thanks.
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