Forum on trading, automated trading systems and testing trading strategies
Hong Kong stock/Index on MT5
Sergey Golubev, 2018.04.02 08:29
HSI?There is thread related -
Sergey Golubev, 2018.04.02 08:36
As to MT5 so try to open demo account with the following server:Just2Trade-MT5
--------------General information about How To -
Find a Server by the Broker's Name:https://www.mql5.com/en/forum/9950/page88#comment_3981953 https://www.mql5.com/en/forum/214820
Sergey Golubev, 2018.06.11 16:08
Hang Seng Index (HSI) - G7, Central Banks and US Fed; daily correction to the bearish reversal (adapted from the article)
Daily price is on secondary correction within the primary bullish matket condition: the price is breaking support level at 29,964 to below for the bearish reversal to be started.
The chart was made on MT5 with standard indicators of Metatrader 5 together with the following custom indicator:
Hang Seng Index (HSI) - daily ranging near and below Ichimoku cloud for direction
Daily price broke Ichimoku cloud to below to be reversed for the primary bearish market condition: the price is on ranging near and below Senkou Span for the bearish trend to be continuing or for thebullish reversal to be started.
The chart was made on daily timeframe with Ichimoku market condition setup (MT5) from this post (free to download for indicators and template) as well as the following indicators from CodeBase:
Sergey Golubev, 2019.01.21 05:44
The charts were made on weekly timeframe with Ichimoku market condition setup (MT5) from this post (free to download for indicators and template) as well as the following indicators from CodeBase:
Is The Hong Kong Market the Best Marketplace for 2019?
Rinky, 2019.02.07 07:22
accordance with Statista,
the Hang Seng Index has skilled
solely three years with negative returns over the previous
15 years (2002 – 2017). And in each instance, the Hang Seng Index
was capable of rebound the next
year. Though previous performance isn't a mirrored image of
future performance, it does spotlight
the resilience of the Hang Seng Index.
The Excellent Storm for Hang Seng Index?
to be the perfect storm for the index. Nearly something that would go wrong went wrong for its major
constitutes. Moreover, the Chinese
financial sector is undergoing
an interval of deleveraging as the
federal government has acknowledged that the debt level
in China has reached a worrying level. That has
risen the risk of default within
the monetary system and put a strain on the
profitability of the most important banks.
And we now
have to add in a trade
war with the US throughout
the identical period.
Lastly, its technology giant,
Tencent Holdings (HKEX:700), confronted its latest disaster with more restrictions on its gaming release
and a possible restructuring with your entire industry. The corporate has seen greater than
a 30% drop in its share value this year from its peak in February.
Is The Worth in Hong Kong?
the sell down within the Hang Seng Index, lots of its monetary banks are buying and selling
at record-level dividend yields. The 4 main banks; Bank of China,
Industrial and Commercial Bank,
China Construction Bank
and Agricultural Bank of China, are at the moment buying and selling
with a dividend yield of 5% to 6%.
current valuation of Tencent Holdings, the analysis
team says- “Tencent at the
moment trades at an ahead
PE ratio 24.4X (based mostly on 2019 estimated
earnings), which is beneath peers’
average of 28X. It is usually
buying and selling at the
lowest PE ratio previously 5 years.”
fact, there'll still be risks available in the market.
For one, the unresolved trade war
between China and the US is one that would drag on
for years and have a significant influence on the worldwide economic system. When investing in the Hang Seng stock
market, we will also be exposed
to the Hong Kong dollar (HKD) and Chinese Renminbi (CNY) currency
risks as well.
Sergey Golubev, 2019.03.21 09:29
Intra-Day Fundamentals - Dollar Index, Dax Index and Hang Seng Index: Federal Funds Rate and FOMC Statement
2019-03-20 18:00 GMT | [USD - Federal Funds Rate]
if actual > forecast (or previous value) = good for currency (for USD in our case)
[USD - Federal Funds Rate] = Interest rate at which depository institutions lend balances held at the Federal Reserve to other depository institutions overnight.
From official report :
Dollar Index (DXY): range price movement by Federal Funds Rate news events
Dax Index: range price movement by Federal Funds Rate news events
Hang Seng Index (HK50): range price movement by Federal Funds Rate news events
Charts were made on MT5 with Brainwashing system/AscTrend system (MT5) from this thread (free to download) together with following indicators:
Same systems for MT4/MT5: