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Bullish bias above 1.1640. (By Swissquote TRADING CENTRAL) Pivot (invalidation): 1.1640 Our preference Long positions above 1.1640 with targets at 1.1690 & 1.1720 in extension...
Major US stock indexes began a new month and a quarter with a fall. On Monday, US and world stock indices are falling amid escalation of international trade conflicts, weak economic data on China, deterioration of the political situation in the German government...
Dynamic Time Warping is an algorithm that is used to compare two time series. Suppose you say, " Let's all go for shopping and then have our lunch in a good restaurant." You take 10 seconds to say this sentence. Your friend repeats this exact same sentence in 30 seconds...
First, a review of last week’s forecast: - EUR/USD. The forecast for this pair turned out to be almost 100% correct. Recall that we spoke of a slight increase to 1.1725-1.1750 (and the pair actually climbed to 1.1720), as well as its possible drop and another attempt to test the level of 1...
Germany went out of the soccer World Cup in the first round for the first time in 80 years, busting many a bracket, including the UBS analysis which gave the defending champions a 90% chance of emerging from the group stage, and a 24% chance of retaining their title...
2018, 388 pages, by Andrew R. Young. This book is one of the very few about MQL5, and specifically written about Expert Advisor programming. It is very well written and structured, containing all you need to build a novice-to-intermediate trading robot...
GBPUSD: The pair faces further price strength after it rejected lower prices to press higher on Friday. Support lies at the 1.3150 level where a break will turn attention to the 1.3100 level. Further down, support lies at the 1.3050 level...
MetaQuotes have at last decided to add MQL4-ish time series functions into MQL5 after years of users groaning. Indeed, MetaTrader 5 would normally have much better compatibility with MetaTrader 4 and provide these functions from very beginning...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, June 29th The EUR/USD pair witnessed a volatile session in Asia, having jumped for 100 pips and refreshed its intraday highs on the level of 1.6666...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, June 28th The EUR/USD pair struggles to find a clear direction in the second half of this week, trading around the level of 1.1550...
Hello traders, greetings. USDCAD At the time USDCAD is moving in the sideways area, ~ price can be jump/fall anywhere. We must have a trade plan to prevent market trap...
What is a Stochastic Oscillator Indicator? Stochastic Oscillator is a technical indicator that returns a value between 0 to 100. Basically showing the current price compared to the highest and lowest price over a period (14 bars...
Below its lower Bollinger band (By Swissquote TRADING CENTRAL) Our pivot (invalidation) point is at 6246. Our preference under pressure below 6246...
Rebound expected. (By Swissquote TRADING CENTRAL) Pivot (invalidation): 110.00 Our preference Long positions above 110.00 with targets at 110.30 & 110.50 in extension...
What is an EA? This is a piece of code that opens and close trades on your behalf. What purpose does an EA serves? The main purpose for an EA is to save you time. So, what is the best time range? The smallest time range available...
Hi, after this short blog post, I promise you, you will have a better understand on how to use the function IndicatorCounter. i) IndicatorCounter function return value? This function has a return type of integer; this value represents the number of bars that the indicator has calculated on...
USDJPY: The pair looks to recover further higher leaving risk of more strength on the cards. On the downside, support lies at the 110.00 level where a break if seen will aim at the 109.50 level. A cut through here will turn focus to the 10.00 level and possibly lower towards the 108.50 level...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, June 27th The EUR/USD pair trades today in the north direction after yesterday’s retreat, having refreshed its intraday highs in the region of 1.1670...