XAUUSD price is ranging between 1211.74 and 1267.79 support/resistance levels on D1 timeframe with primary bearish market condition. The same situation we see on W1 and MN timeframes : secondary ranging market condition within primary bearish.
H4 timeframe.Ichimoku cloud/kumo is very thin - it is not wide enough to stop the price from bullish reversal. And price was reversed to primary bullish with good signal to buy on open H4 bar. But the situation is a risky : Chinkou Span line is going along historical price ready to cross it for good breakdown from above to below for ranging market condition to be continuing
the price will cross 1211.74 support level so the bearish market will be continuing for whole the week. If not so the price will be in ranging market condition for this and more weeks.
UPCOMING EVENTS (high/medium impacted news events which may be affected on XAUUSD price movement for this coming week)
2013-12-18 19:00 GMT (or 20:00 MQ MT5 time) | [USD - Federal Funds Rate]
2013-12-18 19:30 GMT (or 20:30 MQ MT5 time) | [USD - FOMC Press Conference]
2013-12-18 09:30 GMT (or 10:30 MQ MT5 time) | [GBP - Bank of England Minutes]
SUMMARY : ranging
TREND : bearish
qAutoActivation indicator is one of the main components of Trading Chaos Expert trading expert panel. The indicator displays the current trend on the current timeframe. This is the first indicator that is attached to the chart and saved in the trading complex template. It defines what trading signals from the expert panel should be automated for market entry (bullish or bearish ones).
When the trend changes, the indicator changes the line color and, at the same time, highlights the trading pane
This product is similar to Tick volume analizer Expert Advisor, however it is implemented as an indicator. Release of this product is stipulated by the fact, that it is not possible to run two EAs in the same window.
Tick volume is equal to amount of ticks at the unit of time. There is direct correlation between tick volume and real amount of deals. Every change of the price is a result of a real request to perform a deal. Consequently, fewer requests we have, the less price changes we get, an
Trading Chaos Expert Lite is a light version of Trading Chaos Expert. In the Lite version it is not possible to receive the table of trading signals, automatically place pending orders based on them and maintain open positions for multiple symbols at the same time in one window. Only the Current Chart mode is available. In all other features the panel is fully consistent with the basic version of the Expert Advisor.
This is, rather, a well thought out trader's assistant which is not easy to do
The PZ Day Trading indicator detects reversals in a zig-zag fashion, without repainting or backpainting. Based on breakouts of variable lengths, the indicator uses only price action to pick trades and reacts to the market very fast. The positional accuracy of its signals offers huge opportunity for profits, easily up to 80% winners.
Amazingly easy to tradeChart statistics will help you to optimize your tradingIt works on every single timeframe without fine tuningThe indicator analyzes its own q
Does not support hedging orders on a single symbol on MT5
MultiMTCopier MT5Receiver - new and improved multi-terminal positions copier for your real/demo account, works faster, requires less, flexible in managing and upgrading, new information support. This Expert Advisor is designed for the MetaTrader 5 terminal, trades will be copied into this terminal.
The EA will copy all positions without delays Additionally integrated notification in situations requiring user attention
Professional Constrictor Expert Advisor follows the market using the Parabolic Stop and Reverse system indicator. At each Parabolic SAR indicator signal, a position is opened in the direction approaching the indicator. In case of an opposite signal, a new position closing the previous one is opened (in other words, positions are opened and closed partially). Thus, the EA constantly follows the price.
The EA has been designed for working in the flat market. It features a critical drawdown, at wh
Does not support hedging orders on a single symbol on MT5
MultiMTCopier MT5Source - new and improved multi-terminal positions copier for your real / demo account, works faster, requires less, flexible in managing and upgrading, new information support. This expert is designed for terminal MetaTrader5 from which the position will be copied.
The EA will copy all positions without delays Additionally integrated notification in situations requiring user attention Buttons for re
The economic calendar is made in the form of an Expert Advisor that downloads the data from one of the most popular Forex sites (forexfactory.com/calendar.php). The data is presented in two ways. The first (primary) is represented as icons with detailed information about the event. The second is displayed as a line with a news description. Economic Calendar downloads published news in real mode with the possibility to adjust the spacing of data validation and user-friendly customizable graphical
We offer Stochastic indicator (oscillator) with signal line filtration by means of the Adaptive Moving Average (АМА).
We have also added a function of multicolor signal line display of increase and decrease by means of lines or dots at the discretion.
Moreover, you can highlight signal line values located below the specified minimum level or above the specified maximum level.
PeriodK - period K of Stochastic oscillator Slowing - period of Stochastic oscillator slowing PriceF
Informer for VPS - report on the state of your account via e-mail. Useful for controlling your Expert Advisors that run on a VPS or a dedicated computer. Information about open positions and last deals for a day, week, month or year grouped by currency pairs.
Adjustable periodicity of reports and depth of deals included in the report. A possibility to add own comment to each report. You will receive reports on e-mail with specified periodicity: from 15 minutes to once a day. The reports are se
Fast Copy MT5 allows 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
MT5 —> MT5 MT5 —> MT4 MT4 —> MT5 MT4 —> MT4
* For any interaction with the MT4, it is necessary to additionally install Fast Copy MT4
One tool for sending and receiving transactions: [master] > [slave] operation mode can be selected in
The indicator is intended for determining the spread and swap size, the distance for setting stop orders and stop losses from the current price allowed and the risk per 1 point in the deposit currency.
The indicator informs a trader about possible additional expenses and profits connected with transferring a position to the next trade session of the financial instrument. It also informs about the spread size and the distance of pending orders, stop loss and trailing from the current price. In a
The script creates account summary report in a separate window.
The report can be created for all deals and on deals for selected financial instruments.
It is possible to specify a time interval of calculation and save report to htm-file.
The script creates account summary report in a separate window.
The report can be created for all deals and for deals of the selected financial instruments.
It is possible to specify a time interval of calculation and save report to htm-file.
The trade strategy is based on three moving averages. To determine the trend, it uses three exponentially smoothed moving averages: FastEMA, MediumEMA and SlowEMA.
Buy signal: FastEMA>MediumEMA>SlowEMA (upward trend).Sell signal: FastEMA<MediumEMA<SlowEMA (downward trend).Input parameters:
Inp_Signal_ThreeEMA_FastPeriod = 8;Inp_Signal_ThreeEMA_MediumPeriod = 38;Inp_Signal_ThreeEMA_SlowPeriod = 48;Inp_Signal_ThreeEMA_StopLoss = 400;Inp_Signal_ThreeEMA_TakeProfit = 900;Inp_Money
The Spread 2 Pair indicator visualizes moments of two instruments' convergence (collapse) start. Signals are not delayed so you can timely enter and exit the market.
This indicator is developed for pairs trading and creation of your own trading system based on difference in movements of trading instruments.
Unlike most of multi-currency indicators, the Spread Pair indicator does not load CPU, calculations are immediately performed, it is non-redrawable.
Settings of every currency pair provi
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
The Expert Advisor uses the strategy of trading the Fibonacci levels. As the basis for placing a grid, the EA uses the ZigZag indicator (included in the standard MetaTrader delivery).
First, the EA determines the trend direction. To do that, according to the Dow theory, it uses the last two Highs and last two Lows of the ZigZag.
If the last High is higher than the previous and the last Low is higher than the previous, the EA considers the trend to be ascending. If the last High is lower
Safe Automatic is a safe MetaТrader 5 trading robot working autonomously on a VPS server. The good results are achieved on EURUSD.
The EA applies modified versions of a trend-following strategy, half-pyramiding, scalping, Elliott Wave method and speculating trading with a deposit protection. The EA switches the strategies automatically. The robot does not trade at night from 10 p.m. to 4 a.m. (server time).
The robot was tested in the special tester on real ticks. Empirical e
This is an utility for automatic scaling of a chart and making at least 140 bars visible in it. This is necessary for a correct wave analysis according to the Bill Williams' strategy "Trading Chaos". The utility can be used on any timeframe available in МetaТrader 5.
It draws a vertical line through the first bar the calculation starts from. This line allows you to see the probable starting point of the wave sequence along with a sufficient number of bars displayed in the chart. It also makes t
We present you an effective software solution for arbitrage between brokers.
The Arbitrage on the market became widespread due to decentralization. There are many liquidity providers, whose quotes differ for various reasons. By tracking the dynamics of changes in the quotes of different brokers, it is possible to determine the delayed and leading brokers, thereby predicting the future prices of the delayed broker for a short time. Knowing these prices and using efficient built-in software filte
The main purpose of the indicator is to determine and mark trade signals on the histogram of the Accelerator Oscillator, which were described by Bill Williams in his book "New Trading Dimensions". The list of signals:
The buy signal when the indicator histogram is below the zero line. The sell signal when the indicator histogram is below the zero line.The sell signal when the indicator histogram is above the zero line. The buy signal when the indicator histogram is above the zero line. The
Percent Crosshair is a powerful and easy percentage measure tool.
Measure the chart percentage very quick! Don't waste your time anymore!
Just attach the Percent Crosshair indicator in the chart, select crosshair mode at toolbars or press "Ctrl+F" and start using the crosshair as you always do! The percent measure will be next to the indicative price.
Customize your indicator the way you want!
There are 4 entry parameters:
Positive % color: set the desired color when % is positive. Negat
Exp COPYLOT CLIENT for MT5 is a copier for the МetaТrader 5 platform. It copies forex trades from any accounts. Including those from terminals МТ5 and МТ4.
Install the Expert Advisor in the terminal where you want to copy trades. Specify any text label name as pathRead, for example, "COPY". This should match the master terminal (to bind the two terminals). To copy trades, you need to install the free Master copier in the terminal from where you want to copy the trades: COPYLOT
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 market in
Times & Sales is a famous (and old!) trading tool. However, it is not present in MetaTrader 5 as a built-in tool.
DeltaTrader now presents this indicator for MetaTrader! It has the following characteristics:
Two flag modes: FOREX and EXCHANGE
FOREX: black color: last price = 1-Minute opening price / blue color: last price < 1-Minute opening price / green color: last price > 1-Minute opening price. EXCHANGE: black color: last price = between quotes / blue color: last price = bid price / gre
The script is intended for automatic placing of Sell Stop pending orders, Stop Losses and Take Profits on the user specified levels. This script is not that useful as "Virtual pending buy stop", since short positions are opened as Bid price crosses the levels. Thus spread widening is not dangerous. Nevertheless, you need to have this script to prevent unwanted hitting of the Stop Loss levels.
Automation of the process of placing the Sell Stop pending orders, Stop Losses and T
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.
IShift Lite is a lite version of IShift, and it doesn't include the tick chart.
IShift Lite allows:
perform trade operations directly from the depth of market with a "single touch"; automatically place Stop Loss and Take Profit; move position to breakeven; move Stop Loss along the price; automatically calculate the volume of an order depending on a fixed risk level or a fixed margin level.The program includes a visual help system.
Note: the demonstration version downloaded via the "Demo
The script allows users to easily close positions if their profit/loss reaches or exceeds a value specified in pips.
Please set slippage value first. Sometimes some positions do not close due to high volatility of the market. Please set larger slippage or restart the script.
This is a panel for controlling the profit/loss in dollars, pips or % of balance. A new function for trailing profits has been implemented.
The panel can be used as a virtual Stop Loss or Take Profit.
It also features the emergency button - CLOSE ALL.
You can also try the full version of the VirtualTradePad for mt5 panel, as well as the Profit or Loss for mt4 panel
Other versions in this collection:
VirtualTradePad for mt5 Digit Market Time Pad Market Time Pad Scalper PadMain f
MetaTrader Trading Platform Screenshots
XAUUSD, M6, 2013.12.15
MetaQuotes Software Corp., MetaTrader 5, Demo
M6 timeframe - 3-drives (bearish)
M6 timeframe - retracement (bearish)
XAUUSD, H12, 2013.12.15
bullish butterfly on H12
Forum on trading, automated trading systems and testing trading strategies
newdigital, 2013.12.15 16:35
Gold Outlook Hinges on FOMC- Taper Talk to Drive Prices
Gold prices were firmer on the week with the
previous metal climbing 0.60% to trade at $1235 ahead of the New York
close on Friday. The weekly tally downplays a substantial rally early in
the week that saw prices climb as high as $1267 before sharply
reversing course over the next two sessions. Although the broader
outlook for gold remains weighted to the downside, all eyes turn to the
FOMC next week for the medium-term as the investors look to Bernanke and
Co. for clues as to the taper timeline.
From a technical standpoint, gold remains at risk
below $1268/70 with support seen lower at $1209/10. Look for the FOMC to
offer guidance with a break below the monthly low targeting key
technical support at $1179/81. Subsequent support targets are seen at
$1151/57. A breach above the $1270 threshold risks a more meaningful
correction into resistance targets at $1286 and $1304 with only a break
above $1325 invalidating the broader downtrend. Note that although daily
momentum has remained bearish territory the slope has flattened out and
such indicators are likely to offer little guidance as we head into
next week’s event risk. Things are likely to simmer down as we head into
the policy decision and be wary of emotional price breaks as liquidity
thins out ahead of the Holidays.
newdigital, 2013.12.16 13:50
Gold prices up in Asia (adapted from investing article)
Gold prices in Asia gained early Monday, carrying over an uptrend from last week as investors eye demand for the holiday season. On the Comex division of the New York Mercantile Exchange, gold futures
for February delivery gained 0.11% to USD1,236 a troy ounce in Asia. Last week, gold prices fell to a session low of USD1,219.50 a troy ounce, the weakest level since Dec. 6.
Gold is down approximately 27% this year, heading for the first annual
loss in 13 years, as solid U.S. economic data underlined expectations
the Fed will begin curbing stimulus.In the week ahead, investors
will be focusing on Wednesday’s outcome of the Fed’s monthly policy
meeting, and a press conference with Chairman Ben Bernanke will be
newdigital, 2013.12.17 16:25
Gold forming a base (based on dailyfx article)
Before we left on holiday we wrote about the potential for a low in Gold
during the first week in December. Despite numerous intraday probes
below, the low close in the metal for the month remains the idealized
turn window date of December 2nd. While the strength in Gold exhibited
since then has admittedly been rather pathetic there is still a very
real possibility in our view that this is all part of a basing process.
Last week’s high of 1267.75 is an important near-term pivot with
traction above needed to confirm that a more important low is indeed in
place. On the other hand, weakness below 1211 on an intraday basis or a
close below 1219 would negate the potential for a more important
newdigital, 2013.12.18 16:53
Key Levels to Watch Ahead of the FOMC
AUD/USD recorded a new low close for the year on Tuesday (by 1/10th of a
pip on the FXCM platform). The decline to this point has been
impressive with the exchange rate losing more than 8 big figures since
its failure at the 200-day moving average back in October. However, the
decline is now more than 40 trading days old. One of our favorite trend
cycle lengths is around 45 days as this marks a Gann Commodity “Death
cycle” where short-term reversals are more frequent. Interestingly this
day count will roughly coincide with the Winter Solstice (in the
Northern Hemisphere) this weekend which is another potentially important
inflection point in Gann theory. It is also worth pointing out that the
last few weeks of December are one of the stronger periods of the year
for the exchange rate on a seasonal basis. Factors certainly seem to be
aligning for at least a short-term reversal in the Aussie over the next
week. Tempting as it might be to try to catch the bottom tick, we prefer
to wait for strength that confirms our notion before positioning. Any
continued weakness into the latter part of next week will negate the
potential positive cyclicality.
newdigital, 2013.12.19 09:18
if actual > forecast = good for currency (for USD in our case)
Fed Tapers Bond-Buying But Vows Low Interest Rates
The Federal Reserve on Wednesday tapered its massive bond-buying
program by $10 billion to $75 billion per month, citing recent
improvement in the U.S. jobs market.
Beginning in January, the Fed
will buy mortgage-backed securities at a pace of $35 billion per month
rather than $40 billion per month, and will add to its holdings of
longer-term Treasury securities at a pace of $40 billion per month
rather than $45 billion per month.
"In light of the cumulative
progress toward maximum employment and the improvement in the outlook
for labor market conditions, the Committee decided to modestly reduce
the pace of its asset purchases," the Fed said in a statement
accompanying today's decision.
XAUUSD, M5, 2013.12.19
XAUUSD M5 : 1953 pips price movement by USD - Federal Funds Rate news event