UPDATE 27 NOV 16
In the short time this thread has been active there's been a lot of thoughts for advancement and subsequent changes to the template. As the information contained below stiill forms of what the system was constructed on the base I will not this article. Templates and the rules that were posted on day 1 are viable for profitable trading. Page 12 is your point the new template began to take shape but to comprehend what's going on here anyone new to the thread must read everything that's been posted to date. I do not wish to waste time by explaining again what can readily be answered by reading the very first few pages.

This is your new template as I have it. I have comprised RSI candles (interval 8) but whether you use them or not is personal taste - I do not use them. If they are used by you then you can shed the RSI Custom Indior if you'd like.
V1 = 3 RSI and RSI custom in seperate windows.
V2 = 3 RSI overlaying RSI habit. All these are from the zip folder. There's one for each TF.
TF Templates = Templates with proper indiorsetting forvarious Time Frames.

Https://www.forexsoutheast.asia/atta...1624590164.tpl
https://www.forexsoutheast.asia/atta...7711489592.zip
https://www.forexsoutheast.asia/atta...1058358096.zip

Note: MA and RSI Dashboard Indiors do not change to match the chart they are attached to automatically. They will need to adjusted manually from the settings.

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Thread rules and some overall thoughts are below please read and admire.

1. No Trolls - I still really don't know how to ban anyone but when I want to and I could, I will.
2. I have learned a thing or 2, although I am not a professional. Give a chance for you please proceed, and if it isn't to the thread.
3. I believe that even the most seasoned can still learn (even in those not as exerienced).
4. My aim here is to develop this trading method and to help some struggling traders when I could.
5. This thread isn't intended to educate brand new traders the basics of trading so do your homework.
6. I do not stick to accepted rules of cash management and I won't talk about this aspect of trading. We are responsible for their profits and losses. I will talk about ideas about TP and SL positioning.
7. I delete will add to or amend these points.

TEMPLATE (If other timeframes are used then the MAs below will need to be corrected ).

M5 Chart
10 EMA (blue solid)
10EMA employed to preceding 10EMA (Pink strong )
120 EMA (Green Dotted) -this shows you the 10 EMA on H1
120 EMA employed to preceding 120EMA (Orange Dotted) - that reveals 10 EMA employed to preceding 10 EMA on H1
3 Period RSI - Levels 10-30-50-70-90. Below 30 = Oversold. Below 10= Really Oversold. Above 70 = Overbought. Above 90 = Really Overbought. Above 50= Bullish. Below 50 =Bearish.

H1 Chart

10 EMA (blue solid)
10 EMA employed to preceding 10 EMA (Pink strong )
40 EMA (Green Dotted) - this shows you the 10 EMA on H4
40 EMA employed to preceding 40 EMA (Orange Dotted) - that reveals 10 EMA employed to preceding 10 EMA on H4
RSI as above

This is the fundamental M5 template. As mentioned above, you will need to get them out of the relevant 17, if you would like to use Volume Candles then.

Https://www.forexsoutheast.asia/atta...1233759794.tpl

This is your M5 template with the RSI Dash added tothe bottom left corner. Just remember to adjust the RSI Dash settings to the chart you apply it to.

Https://www.forexsoutheast.asia/atta...7034832786.tpl

Edited M5 and H1 Template - not utilizing 30 lwma. Utilizing my 10ema employed to preceding 10 ema instead.

Https://www.forexsoutheast.asia/atta...5954047068.tplhttps://www.forexsoutheast.asia/atta...6812412173.tpl

CONDITIONS FOR quick ENTRIES
The HTF 10EMA (Green dotted) should be below the HTF 10 of 10 EMA (orange dotted) line.
The 10 EMA (blue solid) should be below the 10 of 10EMA (pink strong ) (M5 TF).
Let 3 RSI cross above 50 line and enter short as it crosses back below 50.

CONDITIONS for extended ENTRIES
The HTF 10EMA (Green dotted) should be above the HTF 10 of 10 EMA (orange dotted) line.
The 10 EMA (blue solid) should be above the 10 of 10 EMA (pink strong ) (M5 TF)
Let 3 RSI cross below 50 line and enter long as it crosses back above 50.

SHORT TRADE OPPORTUNITIES - EXAMPLE

The chart below shows you AUDUSD M5 for today and yesterday.
By the time once the H1 10EMA first crossed beneath the 30LWMA at the yellow square you will see that to this date it has not yet crossed above. THIS MEANS DO NOT BUY - WE WANT TO BE SELLERS.



This is GBPJPY M5 - those are buying requirements - HTF 10 EMA is above HTF 30 LWMA. These circumstances mean we wish to be buyers.



STOP LOSS AND TAKE PROFIT

Where to set your SL and TP is a decision for yourself based on your risk appetite and how much drawdown you're willing to accept in order to wind up with a profitable commerce. I went through a period of unwillingness to accept a reduction and of course that resulted in losing in the end. All this accomplished was to cause stress and loss of cash. Now I use a SL. If I am scalping the M5 TF I place my SL below the 30 LWMA and move it up or down as price moves in the ideal direction. I do not care too much since there'll be lots winners should I take a loss.

I do not normally use a TP.

INDICATORS

1. Moving Averages - publicly available to all in MT4 or other platform.
2. RSI - Again available. All I have done is add a few colored boxes to highlight the OB and OS degrees.
3. Volume Candles. Taken from PVSRA thread. To know quantity, which I recommend, please go to one of those threads. You may find a pdf called PVSRA. It is strongly recommended by me.
4. I use a MA cross indior to alert me of possible opportunities when I am out and about and working. I DONT TRADE THE CROSS. I TRADE THE PULLBACK.

https://www.forexsoutheast.asia/atta...2384833447.mq4