Forum on trading, automated trading systems and testing trading strategies
Sergey Golubev, 2016.12.27 12:41
How To Invest In A Time Of Fake News (based on the article)
So, as investors, what do we need to do?
Use actively managed funds
"Avoid index funds (both mutual funds and ETFs). Pay that extra fee for a well-managed mutual fund or closed-end fund."
"Investing for a short-term use? Then, by all means, consider fixed-income securities with maturity dates matching the timing of your needs. Otherwise, avoid intermediate- and long-term bonds."
What about preferred stocks?
"The big risk in a rising rate environment is that they have no maturity date, meaning the price falls more than bonds with maturity dates."
Cash is desirable
"Cash reserves in a time of high uncertainties and rising yields are important for successful investing and mental well-being."
Finally, do not worry about taking a contrarian approach
"Being contrarian (at the right times) can earn big returns and prevent big losses. However, going against the popular grain often produces worry. The easy-to-say, hard-to-do advice is to ignore the worry. My way of doing so is to have confidence in strategies that are long on common sense and reject money-making or fear-based rationales that rely primarily on current events and ideas."
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 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
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
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
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 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.
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
HWAFM (the harmonic wave analysis of the financial markets)
Harmonic trading involves searching for certain price patterns (specimens) and Fibo numbers in order to define highly probable price reversal points. The method is based on the assumption that trade patterns or cycles repeat themselves just like in real life. The main objective is to identify these patterns, as well as position entries/exits. The analyzer is based on a high degree of probability, which is confirmed by the price movemen
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.
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
Fisher Kuskus is an indicator used by scalpers on low timeframes like M1.
The Fisher Kuskus is now available on MetaTrader platform.
Inputs of the indicator are:
Period: period to be used for calculation of the indicator PriceSmoothing: value of 0.0 to 0.99 IndexSmoothing: value of 0.0 to 0.99The indicator can be used with any Forex pair. It can also be used with other classes of assets, like Equities, Commodities, Futures.
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
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
The indicator of support and resistance levels. A very good helper, fits any style of trading. It has a lot of parameters for adjustment.
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
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
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
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
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
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
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
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 main purpose of the indicator is to detect and mark trade signals on the histogram of the Awesome Oscillator according to the strategies "Trading Chaos, second edition" and "New Trading Dimensions".
The indicator detects and marks the following trade signals:
"Two peaks" - Divergence. The signal "Second wise-man" - third consequent bar of the Awesome Oscillator after its color is changed. The histogram crosses the zero line. The signal "Saucer".The indicator includes a signal block th
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
The Intraday Momentum Index (IMI) is a technical indicator that combines aspects of Candlestick Analysis with the Relative Strength Index (RSI).
The Intraday Momentum Index indicator concept remains similar to RSI and includes the consideration for intraday open and close prices. The IMI indicator establishes a relationship between a security open and close price over the duration of a trading day, instead of how the open and close prices vary between different days. As it takes into considerat
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
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
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
Sergey Golubev, 2016.12.30 06:56
U.S. Stock Market's 2017 Opening Round Will Test The Trump Rally (based on the article)
When good news is actually bad news
"Stock rises based on feel-good optimism have a history of hitting a factual air pocket, and dropping suddenly and precipitously. This market may not feel like a bubble, but the characteristics of the run-up fit."
All-time high stocks offer proof
"This market’s fragility is shown by the number and behavior of stocks now trading in or near all-time high (ATH) territory. Too many of the hundreds of ATH stocks have risen on mediocre volume, had trouble establishing a higher trading range and/or simply been dragged up by a mega-group reaction."
The bottom line
"New year, new thoughts. In the stock market, what seems powerful and assured, like the past 7+ weeks’ run-up, could suddenly begin to feel tired and temporary. Add in a 5-10% slide and investors’ convictions could be undermined, bringing back the question tinged with concern."
S&P 500 Daily chart:
NASDAQ Daily chart:
Sergey Golubev, 2016.12.31 10:06
U.S. Bank Stocks Have Bubble Trouble (based on the article)
"Banks are back. Of all the post-election stock stories, “Buy banks!” is the most popular."
JP Morgan Chase
"The largest U.S. bank's stock performance looks like that of a smaller growth company with positive news. The fast rise and the large distances from the 50-day (orange) and 200-day (blue) moving averages are typical "stretch" measures that can act as a drag on a further rise for the time being. Often, such a stock needs to establish a new foundation by backing and filling before it can resume an uptrend."
JP Morgan Chase: possible daily correction; weekly overbought
As we see from the chart below, the daily price is on bullish market condition located within the following narrow support/resistance levels:
Weekly price is located far above 200 period SMA in the primary bullish area of chart with 87.38 resistace level to be broken for the bullish trend to be continuing. But Stochastics indicator is estimating the overbought condition, and if the price breaks 77.28 support to below on weekly close bar so we may see the correction to be started for at least half a year in 2017 for example.
Sergey Golubev, 2017.01.04 12:01
2017 Energy Outlook: Must-Follow Sectors (based on the article)
OPEC: "Market watchers will need to keep tabs on OPEC and non-OPEC monthly production decreases to see if key oil producers are adhering to their quotas under both the November OPEC production agreement and December OPEC/Non-OPEC production agreement."
West Texas Intermediate Crude Oil:North American Oil Producers: "2017 is not likely to see a roaring return to the exuberant shale oil production of 2012 and 2013. All eyes are currently on the hottest shale play right now, the Permian Basin in Texas. It is also important to keep tabs on the Bakken region in North Dakota."
Oil Services Firms: "After two long years of contraction, companies that provide workers and equipment to oil and gas extraction companies will finally start expanding in 2017. This means oil services companies will gradually be restarting idled equipment and rehiring laid-off workers during 2017."
Sergey Golubev, 2017.01.07 17:08
These 5 Stocks Could Double Your Retirement Nest Egg (based on the article)
Retirement Investing Strategy in Action
A Bargain Tech With Serious Upside
Sergey Golubev, 2017.01.17 11:36
GBP/USD Intra-Day Fundamentals: U.K. Consumer Price Index and 72 pips range price movement
2017-01-17 09:30 GMT | [GBP - CPI]
if actual > forecast (or previous one) = good for currency (for GBP in our case)
[GBP - CPI] = Change in the price of goods and services purchased by consumers.==========
From official report:
GBP/USD M5: 72 pips range price movement by U.K. Consumer Price Index news event
FTSE 100 Index, M5: pips range price movement by U.K. Consumer Price Index news event
Sergey Golubev, 2017.01.17 13:40
GBP/USD Intra-Day Fundamentals: Prime Minister May Speaks and 122 pips range price movement
2017-01-17 11:45 GMT | [GBP - Prime Minister May Speak]
[GBP - Prime Minister May Speak] = The Speech about details of the United Kingdom's exit from the European Union, in London.==========
From telegraph article: Pound spikes above $1.22 and FTSE 100 falters as Theresa May promises parliament vote on Brexit
GBP/USD M5: 122 pips range price movement by Prime Minister May Speech news event
FTSE 100 Index, M5: pips range price movement by Prime Minister May Speech news event
Sergey Golubev, 2017.01.23 14:10
Alibaba: daily ranging near bullish reversal level (adapted from the article)
Alibaba share daily price is located inside Ichimoku cloud with the testing Senkou Span line at 97.90 for the bullish reversal.
Sergey Golubev, 2017.01.27 17:58
Google - ranging to correction (based on the article)
Google shares: located above 200 SMA/100 SMA reversal levels in the bullish area of the chart. The price was on ranging within 837 resistance level and 826 support level. The price is on testing support level at 826 to below for the secondary correction to be started with 820 nearest target.
Sergey Golubev, 2017.01.29 08:14
Markets To Watch In The Week Ahead: Nasdaq 100 (based on the article)
Daily price is on bullish market condition located above 200-day SMA: the price is testing 51.67 resistance level to above for the bullish trend to be continuing.