488# Dynamic Wave of the Moving Averages

The Magic Template MT4

Submit by Janus Trader 28/29/ 08/2013

Intraday Time Frame: 15 min , 30, mim, 60 min.

Markets: any.

This Template MT4 hass created for two types of trading method intraday:

Trend Following;
Reversal trading method.

2 sets of exponential moving averages, divided by three3(EMA) moving averages, the first 3 periods (orange red line), the second of 21 periods (magenta line) and the third of 55 periods (yellow line).

Forexinn Anatoly a modified version of 3 Level ZZ Semafor, more a little dashboard of the trend direction;

Dyamic Wave of Moving average arrow.

Pivot Points Levels.

Dynamic Wave of the Moving Averages

Trend Following trading

Buy

3EMA > 21 EMA and 55 EMA ;

when appears a buy arrow of the Dyamic Wave of Moving Averages arrow indicator.

Sell

3EMA < 21 EMA and 55 EMA ;

when appears a sell arrow of the Dynaamic Wave of Moving Averages arrow indicator.

Exit position

at opposite arrow;

at the pivot points leveles;

with profit target predetermined;

Initial stop loss at the previous swing.

In the pictures belowDynamic Wave of the Moving Averages in action.

Dynamic Wave of the Moving Averages

Reversal trading method (this is not for beginners)

Wait the yellow dots and buy or sell at first arrow, if the movement of the price is in trending exit with the previous rules, if the movement of the price is counter trend exit with a fast profit target thet depends by time frame and currency pairs.

These Templates are also good for trading with Binary Options.

After doing a lot of practice on a demo account, you can use the methods together and change the template in a better way. This template is like a framework for developper.

Happy Trading

Janus Trader

Dynamic Wave of the Moving Averages: Indicators and Template

Comments: 9

#9
Gideon (Tuesday, 22 December 2020 12:03)

I would like to try this on a longer timeframe but need the indi to be Forward tested thouroughly Regards
#8
Sandile (Wednesday, 22 January 2020 12:28)

Hello..
Mr/Mrs

Can I have the Dynamic wave of the Moving average,for mt 5?
#7
Sandile (Tuesday, 21 January 2020 22:00)

Hello can I get dynamic indicator for mt5
#6
Siphelele (Sunday, 01 December 2019 17:12)

How to add the indicator on MT4 already downloaded it?
#5
Nicolas Carmona (Monday, 02 September 2019 02:33)

Hello, I can't configure to get the points of buy and sell. Help?
#4
rehan khan (Monday, 26 August 2019 12:30)

Dear Sir,

Does this system actually give right trend and trade taking directions?. I saw some signals are not ok.
#3
Samuel Makotso (Friday, 03 May 2019 18:47)

Hi, can I get the Dynamic Wave of the Moving Averages for MT5?

thanks
#2
Forextradingstrategiesresources (Wednesday, 28 August 2013 19:36)

I think trend following 30 min, 60 min.
Reversal trading 60 min,
Both together 60 min.
Admi
#1
Frank (Wednesday, 28 August 2013 15:25)

Best TimeFrame for this system ?
Thanks .