Alain Verleyen
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11+ years
experience
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5
products
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81
demo versions
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302
jobs
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0
signals
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0
subscribers
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Visit our all-new Stein Investments Welcome Page to get the latest information, updates and trading strategies at https://www.mql5.com/en/blogs/post/755375
Follow our daily analysis channel at https://www.mql5.com/en/channels/morningbriefing
Our portfolio on the Market at https://www.mql5.com/en/users/blueball/seller
If there are questions, just contact us and we'll be happy to help.
All the best and happy trading
Alain
____________________________________________________________________
Please note I don't take freelance jobs any more. Thanks for your understandings.
Follow our daily analysis channel at https://www.mql5.com/en/channels/morningbriefing
Our portfolio on the Market at https://www.mql5.com/en/users/blueball/seller
If there are questions, just contact us and we'll be happy to help.
All the best and happy trading
Alain
____________________________________________________________________
Please note I don't take freelance jobs any more. Thanks for your understandings.
Alain Verleyen
Daniel Stein
This article is a summary of the manual trading system I use and publish in our very popular Morning Briefing channel . Please subscribe if you like to get daily updates of our trading activities. We recommend reading the entire article. So let's get started now...
Alain Verleyen
Daniel Stein
The FX Power Equalizer view shows you at a glance which currency is best to trade your chosen trend currency against.
In our example, we trade the weak JPY against the strong currencies, EUR, GBP, AUD, NZD and maybe the CHF.
USD and CAD are clearly to avoid because they are weak as well, and trading two weak currencies against each other will only lead to a sideways move with little chance of success.
If you don't have the next generation of FX Power yet, it's time to get it for your
MT4 at https://www.mql5.com/en/market/product/102732
MT5 at https://www.mql5.com/en/market/product/102576
In our example, we trade the weak JPY against the strong currencies, EUR, GBP, AUD, NZD and maybe the CHF.
USD and CAD are clearly to avoid because they are weak as well, and trading two weak currencies against each other will only lead to a sideways move with little chance of success.
If you don't have the next generation of FX Power yet, it's time to get it for your
MT4 at https://www.mql5.com/en/market/product/102732
MT5 at https://www.mql5.com/en/market/product/102576
1
Lorentzos Roussos
2023.08.10
start the bar gradient from the background color instead of white and add rectangle borders with a color slightly brighter than the background .
Alain Verleyen
Daniel Stein
Get more details about this unique market insight
here on mql5 at https://www.mql5.com/en/channels/morningbriefing
and on Telegram at https://t.me/STEIN_INVESTMENTS_NEWS
here on mql5 at https://www.mql5.com/en/channels/morningbriefing
and on Telegram at https://t.me/STEIN_INVESTMENTS_NEWS
Alain Verleyen
Daniel Stein
⚠️ Repeat so that you are best prepared for the next trading opportunities. ⚠️
Today, I'd like to point out what exactly we are looking for when trading with FX Volume and FX Power,
and the AUD downtrend starting at 3:35 GMT+1 during today's Asian session is a good example.
1. The interest in AUD positions rises as we can see at the rising AUD total volume percentage change
2. The AUD Net Long volume declines, which means that the interest in AUD short positions rises.
3. The total market volume declines, which is NOT ideal, but the AUD trend worked anyway.
4. The FX Power strength analysis indicates the AUD falling out of the neutral zone to the weak zone.
Summarized, this is the perfect indication for an AUD SELL trend, and if you check the corresponding charts you'll see that it worked on 6 out of 7 AUD pairs.
It also points out that the specific interest in one currency is enough to fuel a trend even thought the total market volume declines.
A rising total market volume would probably provide even more dynamic, but even without it, we would have been profitable with our setup.
With the right information, trading can be damn easy. 😉
So, if not yet done, get your copy of FX Volume and FX Power in the mql5 market at https://tinyurl.com/SI-TradingTools
All the best and see you soon
Daniel
Today, I'd like to point out what exactly we are looking for when trading with FX Volume and FX Power,
and the AUD downtrend starting at 3:35 GMT+1 during today's Asian session is a good example.
1. The interest in AUD positions rises as we can see at the rising AUD total volume percentage change
2. The AUD Net Long volume declines, which means that the interest in AUD short positions rises.
3. The total market volume declines, which is NOT ideal, but the AUD trend worked anyway.
4. The FX Power strength analysis indicates the AUD falling out of the neutral zone to the weak zone.
Summarized, this is the perfect indication for an AUD SELL trend, and if you check the corresponding charts you'll see that it worked on 6 out of 7 AUD pairs.
It also points out that the specific interest in one currency is enough to fuel a trend even thought the total market volume declines.
A rising total market volume would probably provide even more dynamic, but even without it, we would have been profitable with our setup.
With the right information, trading can be damn easy. 😉
So, if not yet done, get your copy of FX Volume and FX Power in the mql5 market at https://tinyurl.com/SI-TradingTools
All the best and see you soon
Daniel
1
Alain Verleyen
Daniel Stein
Get more details about this unique market insight
here on mql5 at https://www.mql5.com/en/channels/morningbriefing
and on Telegram at https://t.me/STEIN_INVESTMENTS_NEWS
here on mql5 at https://www.mql5.com/en/channels/morningbriefing
and on Telegram at https://t.me/STEIN_INVESTMENTS_NEWS
Alain Verleyen
Daniel Stein
Get more details about this screenshot
here on mql5 at https://www.mql5.com/en/channels/morningbriefing
and on Telegram at https://t.me/STEIN_INVESTMENTS_NEWS
here on mql5 at https://www.mql5.com/en/channels/morningbriefing
and on Telegram at https://t.me/STEIN_INVESTMENTS_NEWS
1
Alain Verleyen
Daniel Stein
Get more details about this unique market insight
here on mql5 at https://www.mql5.com/en/channels/morningbriefing
and on Telegram at https://t.me/STEIN_INVESTMENTS_NEWS
here on mql5 at https://www.mql5.com/en/channels/morningbriefing
and on Telegram at https://t.me/STEIN_INVESTMENTS_NEWS
Alain Verleyen
Added topic Request for a specific procedure for developers to get demo account on brokers.
As a coder working with a lot of customers, using a lot of different brokers on MT4 and MT5, I often have the need to test or check how a program is behaving on a specific broker. Then the hell is starting...more and more brokers don't allow you to
5
Alain Verleyen
Added poll Let's have some fun : How many (meaningful) coding experience do you have ?
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3% (1)
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11% (4)
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11% (4)
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17% (6)
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6% (2)
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22% (8)
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19% (7)
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3% (1)
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0% (0)
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8% (3)
Total voters: 36
· 1
15
Alain Verleyen
Added topic How to report technical issues?
To get good and efficient help you need to provide all the relevant technical informations about your context when using the application (MT5 desktop terminal, MT5 mobile version, mql5.com service usage, etc...) The first important things is to
Alain Verleyen
Added topic mql5 documentation errors, defaults or inconsistencies.
Page : https://www.mql5.com/en/docs/globals/globalvariabletime Return Value The function returns time of last accessing the specified global variable. Addressing a variable for its value, for example using the GlobalVariableGet() and
38
Alain Verleyen
Published product
Most of us use a VPS to run our trading EA's 24/7, but how to monitor if these terminals are up and running? What if they crash, or shut-down due to an update? How do I get notified about that? That's where our Heartbeat Monitoring comes into play. It provides you a 24/7 monitoring for all your terminals & VPS. So, what do we need for that? 1. A free-of-charge user account at Cronitor , a professional monitoring service. 2. This tool running on a chart on your VPS. In case of MT5 or
· 3
Alain Verleyen
Published product
Most of us use a VPS to run our trading EA's 24/7, but how to monitor if these terminals are up and running? What if they crash, or shut-down due to an update? How do I get notified about that? That's where our Heartbeat Monitoring comes into play. It provides you a 24/7 monitoring for all your terminals & VPS. So, what do we need for that? 1. A free-of-charge user account at Cronitor , a professional monitoring service. 2. This tool running on a chart on your VPS. In case of MT5 or
· 3
Alain Verleyen
Published product
This utility EA is intended to download all historical data from your broker at once. Once dropped on a chart (it can be any chart), you will chose the symbols and timeframes to process in the inputs. Then all is automated. It can takes some time and what is done will be display on the Experts log. Of course it can only download data really available on the broker server. The process is depending of the MT4 "Charts" settings "Max bars in History" and "Max bars in Chart", if you want to be sure
Alain Verleyen
Added topic MetaEditor, Open AI and ChatGPT
Forum on trading, automated trading systems and testing trading strategies Test version of MQL5 Copilot in beta 3647 Renat Fatkhullin , 2023.03.23 23:11 In today's beta version 3647, we've included the first version of Copilot, a feature to enhance
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Alain Verleyen
Added poll MetaEditor Code Styler satisfaction survey.
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14% (5)
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47% (17)
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31% (11)
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8% (3)
Total voters: 36
17
Alain Verleyen
Added topic About the MT5 code profiler
I have started to use a new profiler. In this section we could centralise information on how to use it properly. To start with I have some questions about strange things about the data returned by the profiler . The profiling report that is used in
70
Alain Verleyen
Added topic AccountFreeMarginCheck issue.
MT4 build 1353. AccountFreeMarginCheck() is not reliable, sometimes it returns strange value GREATER then the current freemargin (resulting in a negative margin). I have also seen positive margin but completely incorrect (0.12 instead of 217 for
· 1
9
Alain Verleyen
Added topic What is "New" in Messages ?
There is a "New" label, but I didn't see anything new. (and it doesn't mean new message arrives)
· 1
5
Alain Verleyen
Added poll Are you using the MT5 (MetaEditor) code profiler ?
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3% (1)
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29% (9)
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32% (10)
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19% (6)
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16% (5)
Total voters: 31
1