Economists Surprised by Jump in Australian Unemployment Rate
"While the market had expected some
weakening in labour force conditions in January after the surprisingly
good figures in December, the increase in the unemployment rate to 6.4
per cent was worse than feared," said ANZ's co-head of Australian
economics Riki Polygenis.
This script help user record the value of Moving Average and OHLC at the moment once deals happen.
The datas save as .CSV format file so you can quantitative analysis someone's trading.
Please input value of MA's parameters you like. It tells you the path of data file when script is stopped.
Scalper with Automatic Parameter Setting
Would you like to have an Expert Advisor that could automatically calculate trade parameters and adjust to the current market situation?
We present you our new development for the Forex market. This is a tick scalper for МТ4 and МТ5 - TickSniper.
Trading with it is fully automated. Forget continuous monitoring - this Expert Advisor trades independently. Its settings have been optimized over the course of testing on our real accounts.
The Expert Advisor for increasing (or opening) market positions.
Allows specifying the desired risk, target and searching for the best open price and trade volume.
It is included in the ActivePanel product.
The Synchronized Charts script allows comparing bars of different symbols or different periods of the same symbol.
Attach the script to a chart and move bars or change the scale, all opened chart will move synchronously with the current one. The bars on different charts aligned to the border according to their open time.
My Money Manager like a risk controller, which places your trades with the exact volume that meets your desired stop loss risk.
It can also help you to preview your EP/SL/TP levels before placing an order by dragging these levels directly on a chart, and keep reporting about them during the position opening.
With this tool, you will feel more comfortable when deciding to open orders, as well as forecasting your profit/loss with your orders. Placing orders is a very precise and profe
SeventhMohammed5 is a unique indicator, which is a collection of 7 standard indicators: Bears Power, Bulls Power, Commodity Channel Index, Force Index, Moving Average of Oscillator, Accelerator Oscillator, Awesome Oscillator. Signals appear when the selected indicator crosses the zero level, upward crossover - an arrow up (a buy signal), downward crossover is - an arrow down (a sell signal). Signals from the higher timeframe are displayed as a large arrow in the upper right corner. It is recomme
The indicator has standard settings. The new modification of indicator provides special marking of the segment when the moving averages begin to form a cross in one direction or another. The Alligator`s cross indicates that the trend is about to change. Modified Alligator helps traders to determine a trend on a particular timeframe even if the averages are intertwined and have a shift in the future. Direction of a trend is determined by a cross of the averages with a specified marking area on th
The indicator has been designed for use on FORTS, but it can also work on other markets, at brokers broadcasting the required data.
A peculiarity of these data is that they cannot be requested from the broker's server as a section of history, but can only be obtained for the current moment.
The indicator periodically requests the broker, collects to a file and displays the following history from the stored file:
The weighted average price. The volume of buy orders. The volume of sel
Ermou Street rather than an expert or an indicator is a all-in-one trading assistant easing your trading sessions by providing signals and notifications. It's an assistant rather than a robot - "an assisted steering rather than an autopilot", and now, it autoadjusts itself to any instrument, any timeframe & any circumstance.
First, you should watch the video. Then here's some explanation:
By default, attaching Ermou Street to a chart, you’ll get:
A panel Signals: buy (default b
This is a half scalping system that analyzes the market using a transmission function and price movement speed.
This Expert Advisor is intended for trading on EURUSD, however it can run on other currency pairs. Please use the M1 timeframe.
You should optimize only two parameters: Seconds_to_move and TradePrice. It is sufficient to optimize Bobra Adept only once, for example, for a half year period. After that, Bobra Adept shows good results on a forward period (or backward in my case). This ca
VirtualTradePad - is a contol panel for working with orders in МetaТrader 5 : buy, sell, buystop, buylimit, sellstop, selllimit, close, delete, modify, tralling stop.
VirtualTradePad won 2nd prize in the "Best Control Panel in the MQL5 Language" Contest.
The panel consists of 5 tabs.
VirtualTradePad PositionsStyle VirtualTradePad Ordersstyle VirtualTradePad SignalsStyleDemo version of the panel - VirtualTradePad LiteProfit or Loss PadINFO PadYou can also try this panel for
Active Lines - a powerful professional tool for operations with lines on charts. Active Lines provides a wide range of actions for events when the price crosses lines. For example: notify, open/modify/close a position, place/remove pending orders. With Active Lines you can assign several tasks to one line, for each of which you can set individual trigger conditions, as well as conditions for re-activations and the number of possible activations.
Active Lines helps you easily organize various tr
The script is intended for automatic placing of Buy Stop pending orders, Stop Losses and Take Profits on the user specified levels.
Avoiding unwanted entering a long position in case of false hitting the level as a result of widening of the spread by a dealing center. Avoiding unwanted triggering of a Stop Loss in case a quote pierces a significant level (fractal) without further confirmation with the close price. Setting a necessary virtual order and entering the marke
The indicator shows a line of a relative trend based on an oscillator selected from the list. The line can be used for support/resistance depending on where the price is. Direction (fall/rise) changes when the oscillator crosses the specified levels (it is equal to the middle of the range by default, the value is adjustable) and can be additionally displayed in a different color. Change in the direction of the secondary smoothed price trend is displayed as arrows (you can also enable alerts); it
This indicator incorporates the volume to inform the market trend. A warning system (chart, SMS and e-mail) is incorporated for warning when a certain level is exceeded.
Developed by Marc Chaikin, Chaikin Money Flow (CMF) measures the amount of Money Flow Volume (MFV) over a specific period. Money Flow Volume forms the basis for the Accumulation Distribution Line. Instead of a cumulative total of Money Flow Volume, Chaikin Money Flow simply sums Money Flow Volume for a specific look-back
The Sane Reversal indicator is one of the leading oscillators. The signals are generated early, unlike in other indicators which give the signal after the price goes far away in either direction. The indicator displays the price reversals using arrows with high accuracy. The arrows appear on the zero bar and do not flicker of disappear regardless of the market volatility, which allows to trade effectively with short stop losses:
the Buy signal - white arrow on the bar Low,the Sell signal - red
FULL Automatic is a fully autonomous trading robot for MetaТrader 5 without configurable parameters.
It is designed for traders having no knowledge of trading basics. It works in Low, Medium, High and Extremal trading modes.
The EA applies modified versions of well-known strategies, including Elliott waves, following a trend, half-pyramiding, scalping, speculative trading with a double deposit protection. The EA switches the strategies automatically. The robot does not open n
The indicator determines the inside bar and marks its High/Low. It is plotted based on the closed candles (does not redraw). The identified inside bar can be displayed on the smaller periods. You may set a higher period (to search for the inside bar) and analyze on a smaller one. Also you can see the levels for Mother bar.
Period to find Inside Bar — the period to search for the inside bar. If a specific period is set, the search will be performed in that period. Ty
Three variables are available for every strategy, any one of them can be disabled, their period can be changed.
type_order=ORDER_FILLING _FOK - order filling type.
ReverseTrade=false — trades opens in reverse direction if true. ExitOnBar=true — trades close on each bar only. spreadcover=false — Spread you pay includes in profit trades. It's like trade with zero spread but you should remember that it can decrease exact match between tester's result and live one. It
The use of a polynomial expansion of data opens up new possibilities for analysis and decision making. But the problem of all existing algorithms is a very slow computation.
The main feature of this indicator is its fast algorithm. The speed of calculation of the polynomial algorithm and its standard deviation values is several thousand times faster than conventional algorithms. So this is a convenient algorithm for use without the need to apply supercomputers.
Beginning with the version 1.4
Fast Copy MT5 allows you to copy trades between different MetaTrader 5 (netting)(hedge) and MetaTrader 4 accounts in any direction and amount, quickly and easily (without loading the system).
Any type of copying is available
MT4 → MT5 MT4 → MT4 MT5 → MT5 MT5 → MT4
* For the MetaTrader 4 terminal — Fast Copy MT4
* For the MetaTrader 5 terminal — Fast Copy MT5
** Before the purchase, you can test the program by downloading the free demo versions — Fast
This is the first public MQL5 indicator using the cluster filtering. The advanced smoothing effect allows the digital filter to transform an ordinary moving average into a new faster indicator providing fewer false signals. At least, that is the purpose of the new experimental project. The project stages and ClusterSMA features are described in the author's blog (in Russian).
The indicator is based on the cluster digital filter that is successfully used in another area. At the time of publicati
This trading panel has been developed for fast and comfortable operation of the financial markets. It is equipped with the necessary functions for manual and semi-automated trading. Due to the presence of the order trailing feature, trailing stop and automatic closure by equity, profit, time. You can use it to automate your trading system. All you have to do is open a position and set the parameters for maintenance, everything else will be handled by the EA. If you want to limit your losses, set
The Pz Oscillator is a very smooth and responsive accelerometer which provides a lot of useful information and detects divergences automatically. It is a great trading confirmation and can be used to identify the trend direction and strength. It has been designed as a complement for our trading tools.
The oscillator plots two moving averages to display the trend direction. If the fast moving average is above the slow moving average, the market is during an uptrend and long trad
Auto Trade Driver is an automatic powerful tool (run as Expert Advisor) that helps you to manage risk and control orders and maximize your profit in multi-protect/trailing-stop rules.
This tool is very useful for both scalpers and trend followers. It not only calculates the trade risk exactly, but also protects and maximizes your profits in real-time.
With this tool, the only thing you have to do is to enter trade by your own strategy, then it will auto-drive your position with exit strategy y
The iTicksChart allows you to create custom tick charts. It is suitable not only for trading but also for analysis of tick history. Each missed or ambiguous tick is fixed and displayed on the chart. Experts, indicators, graphical objects can be used for technical analysis.
Advantages and Features
runs and works at any open chart window (called "base chart" further on in this document); looks like a common chart after launching (see Screenshots); history quality is monitored - each missed o
Easy Order is an Expert Advisor allowing you to enter any type of trade with one click based on your RISK preferences.
You can choose to enter a trade and automatically calculate your lot size based on how much of your account you want to risk. Risk is calculated based on your Stop Loss placement. You can use a fixed lot size if you don't want to use risk based calculation of lot size. Your previous setting of risk based or fixed lot size remains saved for your next use of this Expert Advi
A script for opening a grid of orders
If you need to quickly open several pending orders (Buy Limit, Sell Limit, Buy Stop, Sell Stop) on a certain distance from the current price, this script will do all the routine for you! Allow AutoTrading before running the script.
Run the script on a chart.
Language of messages displayed (EN, RU, DE, FR, ES) - language of the output messages (English, Russian, German, French, Spanish). Price for open - open price. If set to
Auto Trade Copier is designed to copy trades between multi MetaTrader 5 accounts/terminals with 100% accuracy.
With this tool, you can act as either a provider (source) or a receiver (destination). All trading actions will be copied from the provider to the receiver with no delay.
Note: Demo version for testing can be downloaded at: https://www.mql5.com/en/market/product/5006.
Followings are highlight features:
Switch between Provider or Receiver role within one tool.One provider can copy tr
Stochastic oscillator with Singular Spectrum Analysis algorithms (SSA).
SSA is an effective method of treatment of non-stationary time series with unknown internal structure. It is used for the determination of the main components (trend, seasonal fluctuations and wave), smoothing and noise suppression. The method allows us to find previously unknown series periodicities and make forecasts on the basis of the detected periodic patterns.
The indicator signals are identical to the original signa
Trading News Events: U.S. Retail Sales (based on dailyfx article)
Another contraction in U.S. Retail Sales may drag on the greenback and
generate a near-term rebound in EUR/USD as it dampens the Fed’s scope to
raise the benchmark interest rate in mid-2015.
Why Is This Event Important:
The Fed may have little choice but to further delay its normalization
cycle as lower energy costs show little evidence of boosting
private-sector consumption, and we may see the central bank implement a
more dovish twist to the forward-guidance for monetary policy as it
struggles to achieve the 2% target for inflation.
Nevertheless, the pickup in job/wage growth may pave the way for a
better-than-expected print, and a positive development may spark a
bearish reaction in EUR/USD as market participants ramp up bets for
How To Trade This Event Risk
Bearish USD Trade: U.S. Retail Sales Falls Another 0.4% or Greater
AUD/USD Spurns ‘News’ and Maintains Range (based on dailyfx article)
AUDUSD weekly candles point to behavior change (adapted from dailyfx article)
US Dollar Fundamentals (based on dailyfx article)
Fundamental Forecast for Dollar: Neutral
The Dollar’s relative fundamental appeal is strong.
Backed by a pace-setting rate forecast, a comparatively-robust growth
outlook and a market depth that can offer a buffer in case clouds
gather; there is considerable appeal. Yet, how large is the Greenback’s theoretical premium?
If the markets work to discount advantage and disadvantage, much of the
currency’s strength should arguably be incorporated into current
exchange rates. Further gains are certainly possible, but momentum – the
technical embodiment of conviction – requires furthering the Dollar’s
advantage or seeing the majority of its counterparts lose ground. There
is a dearth of high-profile, yield-influencing US event risk on the
docket ahead, but there are plenty of cross winds that may cause the USD
For the Dollar’s own motivation, this past week’s
newsflow offered relatively little to feed the fixation on rate
expectations. Both Fed Funds and Eurodollar futures were little changed
from the swell they received following the strong wage numbers in the
February 6 jobs data. According to these measures, the market is pricing a first hike around the September policy meeting.
Depending on what poll you reference, economists and Primary Dealers
are more hawish in their view between June and July. As we move closer
and closer to the the nearest consensus and hit key event risk along the
way, speculation will heat up. For now though, we are still at least
four months out and this week’s docket doesn’t carry heavy-hitting data
If the changing tides of the Dollar’s own
fundamental backdrop were the dynamic to this equation, we would likely
see the currency consolidate or generate modest gains as time premium to
the policy tightening burned. However, value is always relative. Though
the Greenback is the world’s most liquid currency, its strength can
change with the weakening or strengthening of its counterparts. Given
its solitary reserve status, the rise or fall from one counterpart alone
often does not carry enough weight to strongarm the Dollar. Yet, should a few major counterparts strengthen, it could swamp the Greenback.
This past week, a significant move was made by the British Pound which led to a remarkable GBPUSD
move above 1.5350. The Sterling found footing after the BoE’s Quarterly
Inflation Report. Though the review warned a brief bout of negative
inflation was on the horizon and the first rate hike could be pushed
out, the currency seemed heartened that the dovish outlook wasn’t as
deep as the market may have been pricing in. A turn from GBPUSD is only a
first step and it didn’t force a USDollar break, but it did anchor the
benchmark. A few more key moves along similar lines and we could trigger
a cascade of sell orders.
Ahead, the Pound will have another chance to gain traction on its rate forecast
through its wave of January inflation data, the January labor report
and even the minutes from the Bank of England last policy meeting –
though this will likely rehash many of the same talking points that the
Quarterly Report offered. Another substantial peer that may be prove the
more underappreciated threat as a monetary policy spark is the Japanese Yen. Fully set in its open-ended QQE program, it may seem that the Yen is the traditional carry funding currency. Yet, given the recent concerns to come out of the BoJ that a weak currency was contributing to problems, this week’s Japanese 4Q GDP data and Wednesday morning rate decision should be watched closely.
Far more influential as a counterpart will be the
Euro’s health. We are not expecting a change to the ECB’s flight plan
for its new QE program launching next month. Instead, the world’s second
most prolific reserve currency will be stirred by the burgeoning
concerns about the region’s stability as negotiations over Greece’s bailout terms
grind on. Since the anti-austerity Syriza-led coaltion took over the
government last month, little to know progress has been made towards
compromise. With meaningful deadlines coming due, if the pressure eases
back, a relief rally for EURUSD could produce a strong Dollar downdraft.
USDJPY Fundamentals (based on dailyfx article)
Japan’s 4Q Gross Domestic Product (GDP) report may
heighten the appeal of the Yen and encourage the Bank of Japan (BoJ) to
soften its dovish tone for monetary policy as the region is expected to
return to growth during the last three-months of 2014.
The Japanese economy is expected to come out of the
technical recession from 2014 as market participants look for a 0.9%
rebound in the growth rate, and the recovery may push the BoJ to retain
its current policy at the February 18 meeting as the central bank argues
that any additional stimulus at this point is ‘counterproductive.’ As a
result, Governor Haruhiko Kuroda may highlight an improved outlook for
the region and promote a wait-and-see approach for the foreseeable
future as the central bank head remains confident in achieve the 2%
target for inflation over the policy horizon. With that said, the fresh
batch of central bank rhetoric may spur a further decline in USD/JPY as market participants scale back bets for additional monetary support in 2015.
At the same time, the Federal Open Market Committee (FOMC)
meeting minutes will also be closely watched as a growing number of
central bank officials show a greater willingness to normalize monetary
policy in mid-2015. Indeed, the Fed may continue to highlight an upbeat
tone for the U.S. economy as the central bank anticipates lower energy
prices to have a positive impact on the economy, but the policy
statement may do little to spur a near-term rally in USD/JPY as the
slowdown in private-sector consumption undermines the outlook for growth
and inflation. In turn, dollar-yen may continue to consolidate and face
range-bound prices throughout the remainder of the month as market
participants weigh the outlook for monetary policy.
Despite the pickup in risk sentiment, USD/JPY may
continue to give back the rebound from 116.86 and work its way back
towards the monthly low after failing to push above the January high
(120.73). As a result, we will continue to watch support/resistance in
the week ahead, and may need a major fundamental catalyst to establish a
new near-term trend in USD/JPY as a wedge/triangle pattern continues to
GBPUSD Fundamentals (based on dailyfx article)
Fundamental Forecast for British Pound: Neutral
The British Pound rose for a third consecutive week against the US Dollar after a hawkish-sounding Bank of England Quarterly Inflation Report rekindled interest rate hike speculation, as expected.
Governor Mark Carney reminded investors that tightening is the next
most likely direction for monetary policy, adding that the central bank
intends to look past near-term downside inflation shocks from falling
food and oil
prices. Investors now price in at least one 25 basis point increase in
the baseline lending rate over the coming 12 months, with futures
markets reflecting bets on a move in the fourth quarter of this year.
Sterling can hardly expect to coast upward
unmolested however. There is much that can happen between now and the
end of the year that can upend the currency’s recovery. The revival of
Eurozone redenomination risk stands out in the near-term as nervous
markets prepare for another round of negotiations between Greek and EU
officials over the country’s debt woes on Monday. A similar sit-down
produced no results last week and the situation looks increasingly intractable: Greece’s government won a key confidence vote, confirming its mandate to scrap the existing EU/IMF bailout program. Meanwhile, German Finance Minister Wolfgang Schaeuble bluntly dismissed rumors of a 6-month extension on Greek debt repayments as “wrong”.
Both sides face negative fallout without an accord. Eurozone officials don’t want to endanger the bloc’s structural integrity by setting a precedent for a country to leave, an outcome with unknown consequences. Meanwhile, the newly-minted Greek administration surely understands its survival depends on ending economic hardship, which voters equated with EU-imposed austerity. Its fortunes might swiftly turn if a disorderly “Grexit” fails to end the malaise or compounds it.Political brinksmanship has been the status quo throughout the Eurozone debt crisis, so more of the same before a stay of execution is cobbled together is not surprising.
If Monday’s meeting elevates hopes for a deal, the Pound is likely to
face selling pressure as capital inflows seeking refuge from Euro-linked
instability reverse course.
Furthermore, the markets’ policy bets will continue
to evolve with incoming economic news-flow. The coming week features a
potentially formative bit of event risk as January’s CPI figures cross
the wires. The headline year-on-year inflation rate is expected to drop
to 0.4 percent, the lowest since at least 1989, but Mr Carney’s sanguine
posture on this front will likely dilute the figures’ potency. Instead,
all eyes will be focused on the core CPI print – a reading that
excludes the influence of volatile items the BOE has opted to dismiss –
which is expected to rise for a second month to 1.4 percent. UK price
growth data has broadly tended to underperform relative to consensus
forecasts over the past two years. If that trend continues and a soft
core reading emerges, Sterling may retreat as rate hike expectations
Nikkei forecast for the week of February 16, 2015, Technical Analysis
initially gapped higher at the open of the week, and then fell to fill
the gap during that time. The resulting candle was a hammer, which shows
that there is significant underlying bullish pressure. The market looks
as if it is going to try to break out above the 18,000 level, which
would have us buying for the long-term, and aiming for the 20,000 level
next. We think it will eventually do that, and that pullbacks offer
value that we are going to pick up without hesitation.
S&P 500 forecast for the week of February 16, 2015, Technical Analysis
The S&P 500
broke higher during the course of the week, as we are testing the 2100
level now. If we get above there, this market should continue to go much
higher and as a result we would be very bullish and hanging onto any
long positions. If we pullback from here, we think that there should be
plenty of support all the way down to the 2000 handle, where there
should be plenty of support and as a result we are willing to go long on
both of those scenarios.