Forum on trading, automated trading systems and testing trading strategies
Sergey Golubev, 2017.02.17 07:44
GBP/USD - bullish daily ranging with symmetric triangle pattern to be formed for the direction ofthe trend to be started (based on the article)
The price is on ranging above Ichimoku cloud within the narrow support/resistance levels:
Symmetric triangle pattern was formed by the price to be crossed for the direction of the trend, and the price is breaking this pattern to above for the bullish trend to be resumed if 1.2581 level is broken to above on close daily bar.
"Recent GBP/USD action is consistent with a range but perhaps within a new trend (higher). The area around 1.2400 (55 day average, former highs and lows) should still be watched for support. Weakness below (daily close) would put the year open at 1.2278 back on the map. Daily highs from late January cluster around 1.2600 and is where I’d watch for near term resistance."
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 OandaX product series is designed to display additional data on orders and positions provided by the Oanda FxLabs service.
The OandaX Download Manager EA is included in the OandaX product series and is designed to download data for all OandaX indicators running in the terminal.
To test your trading strategies and for historical data analysis, you can use free OandaX 5 Download Manager BETA. It is similar to Download Manager but provides data with a delay for a day.
Note. The EA uses WebRe
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 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
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 indicator is based on Moving Average but it's optimized through Price Regression Prediction algorithm.
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
Murray's levels are the most popular support and resistance levels among professional traders. With them, you can easily determine where the price is consolidating and where there is a breakdown of this consolidation. 13 levels have a special role in the price passage. Before you start trading with the help of Murray's levels, be sure to read what these works are based on.
NumBars - number of bars for calculation of the levels (default value - 64, professionals use 200) BackBars
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 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
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
FXG_Info – the most important data in one place.
MetaTrader 5 Indicator FXG_Info provides basic statistical information about a particular currency pair. So that in combination with a chart representing currency price it is easy to determine whether the current situation is good for trading. And when you open a position it will clearly show you the current data such as SL, TP, RR. You are not limited to currency. You can use any market which is provided by you broker.
The following information
This Indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With only ONE chart you can read Currency Strength for 28 Forex pairs! Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity?
USER MANUAL: click here
Arrows in sub-window to show strong currency momentum GAP will guide your trading! Warning signs
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
FULL Automatic is a fully autonomous trading robot for MetaТrader 5 without configurable parameters.
It is similar to SAFE Automatic robot intended 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 automati
The fractal analysis of the markets is used in the indicator operation algorithm. According to the fractals theory, after the breakthrough of the fractal level confirmed by the closing price located below or above the fractal, the trend wave in the direction of the breakthrough starts to develop. Until the fractal has been passed in the opposite direction, the trend is considered to be acting even if the price is flat or moves backwards. If a bullish fractal has been previously broken through on
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
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
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
This is a half scalping system that analyzes the market using a transmission function. The system can be scalping or not depending on the "takeprofit" and "stoploss" parameters.
This Expert Advisor is intended for trading on EURUSD, however it can work on other currency pairs. You should use timeframe M1 for trading.
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
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 software has no equals in the world and represents a universal trade "console" covering trading signals, automated market entry, setting of Stop Loss and Take Profit, as well as Trailing Profit for multiple trades at the same time in a single open window. Intuitive control of the Expert Advisor in "three clicks" ensures a comprehensive use of all its functions on different computers, including tablets PCs.
Interacting with additional signal indicators that mark the chart to give a real mar
This indicator allows you to enjoy the two most popular products for analyzing request volumes and market deals at a favorable price:
Actual Depth of Market Chart Actual Tick Footprint Volume ChartThis product combines the power of both indicators and is provided as a single file.
The functionality of Actual COMBO Depth of Market AND Tick Volume Chart is fully identical to the original indicators. You will enjoy the power of these two products combined into the single super-indicator!
This indicator has been created by a former hedge-fund employee and it automatically identifies when a divergence occurs between price and an oscillator. It can identify both bull and bear divergence and it is pre-loaded with four of the most popular oscillators. You can choose from RSI, MACD, Stochastics and CCI.
Remember: When a divergence occurs, it means that price and momentum are not in agreement. And divergence signals are widely used by institutional traders to identify potential revers
Envelopes or channel lines are set parallel to the Moving Average (to the slow MA if you use two MAs). The two channel lines must contain approximately 95% of all prices for the past two or three months on a daily chart, with only the extremes protruding outside. Channel lines provide attractive profit targets - sell longs near the upper line and cover shorts near the lower line.
The AutoEnvelope is a custom indicator - an original tool that automatically selects channels width by calculating a
This is the Famous Timing Indicator
You can now use the most famous Timing indicator on the planet.
Millionaire Mostafa Belkhayate earned his reputation by using this specific indicator to validate the entry signals supplied by his also famous Center of Gravity indicator on the Forex market. I spent hours, days, weeks to decrypt the formula and now it is finally available to you.
New and Unique for MetaTrader 5
Timing will give you perfect validations for your entry signals. It is the first
Veno EA MT5 is a safe and fully automated medium-term trading robot.
The EA does NOT use hedging, martingale, grid strategies, arbitrage, etc.
Veno Expert System MT5 automatically monitors the appearance of participants with distinct preference towards buying or selling on the market. Trades are conducted on sharp cluster and news based movements of the market. The robot analyzes the market volumes and volatility, and follows strong supply and demand movements. It smoothly sets breakeven level
This version of the Traders Dynamic Index has the redrawing of the historical data eliminated, the algorithm calculation speed optimized, more external parameters for a more precise adjustments, and its functionalities extended: added the selection of the initial oscillator and the smoothing methods of the averages.
Mode Osc - estimation oscillator selection; Period Osc - the calculation period of the oscillator used; Price Osc - applied price for the oscillation calculati
PZ Lopez Impulse indicator evaluates volatility and price directionality simultaneously. It is an extremely easy to use indicator.
The blue histogram represents the bullish impulse The red histogram represents the bearish impulse The gray histogram represents the current volatility The moving average is the average volatilityThe trading implications are straightforward.
You can buy when the bullish impulse exceeds the average volatility (blue histogram > moving average) You can sell wh
Cluster analysis of volumes is now available in MetaTrader 5!
The YuСlusters indicator is a professional tool for analyzing the trading volumes. The cluster graph is plotted based on tick data. For the exchange financial instruments these are the volume, type and price of a deal. For the Forex instruments - the real or tick volume (depending on the broker) and Bid price.
There are 6 criteria of cluster generation:
Time interval, the criterion is set in seconds. Price range, the criteri
Sergey Golubev, 2017.02.17 12:51
GBP/USD Intra-Day Fundamentals: U.K. Retail Sales and 59 pips range price movement
2017-02-17 09:30 GMT | [GBP - Retail Sales]
if actual > forecast (or previous one) = good for currency (for GBP in our case)
[GBP - Retail Sales] = Change in the total value of inflation-adjusted sales at the retail level.==========
From official report:
GBP/USD M5: 59 pips range price movement by U.K. Retail Sales news event
Sergey Golubev, 2017.02.22 11:16
GBP/USD Intra-Day Fundamentals: U.K. Gross Domestic Product and 35 pips range price movement
2017-02-22 09:30 GMT | [GBP - GDP]
[GBP - GDP] = Change in the inflation-adjusted value of all goods and services produced by the economy.==========
GBP/USD M5: 35 pips range price movement by U.K. Gross Domestic Product news event
Sergey Golubev, 2017.02.26 11:46
GBP/USD - "The BoE’s wait-and-see approach may continue to prop up the British Pound as the central bank drops it dovish tone, but the bearish sentiment surrounding the British Pound may gather pace over the coming months as the U.K.’s departure from the U.K. dampens the long-term prospects for sustainable growth. Indeed, the stickiness in the pound-dollar exchange rate may start unravel over the coming days should the batch of key U.S. data prints boost interest-rate expectations. A rebound in U.S. Durable Goods Orders accompanied by an upward revision in the 4Q Gross Domestic Product (GDP) report may encourage the Federal Open Market Committee (FOMC) to adopt a more hawkish tone at the next interest rate decision on March 15, and the slew of fresh speeches from the group of 2017 voting-members (Dallas Fed PresidentRobert Kaplan, Philadelphia Fed President Patrick Harker, Fed Governor Lael Brainard, Fed Governor Jerome Powell, Fed Vice-Chair Stanley Fischer and Chair Janet Yellen) may heighten the appeal of the greenback should a growing number of central bank officials show a greater willingness to further normalize monetary policy ‘sooner rather than later.’ Even though the FOMC Minutes failed to boost bets for a March rate-hike, Fed Fund Futures continue to price a greater than 60% probability for a move in June, and the deviating paths for monetary policy continues to instill a long-term bearish forecast for GBP/USD especially as the BoE keeps the door open to further embark on its easing-cycle."
Sergey Golubev, 2017.03.04 11:37
GBP/USD - "The week ahead is fairly light with U.K. data, with Friday being the highlight as we receive a batch of medium-importance announcements on industrial and manufacturing production (January figures), trade balance figures (January) and the NIESR GDP estimate for the month of February. The bigger drive to the British currency in the week ahead will likely emanate from foreign themes, such as a European Central Bank meeting on Thursday and U.S. Non-Farm Payrolls on Friday. As Sterling tests historically weak-values on the chart, the litmus for continued losses will likely continue to increase; meaning that data will likely need to print extremely poorly for the longer-term zone of support around the 1.2000 figure to finally give way."
Sergey Golubev, 2017.03.10 15:08
Intra-Day Fundamentals - EUR/USD, GBP/USD, BTC/USD and Brent Crude Oil: Non-Farm Payrolls
2017-03-10 13:30 GMT | [USD - Non-Farm Employment Change]
if actual > forecast (or previous one) = good for currency (for USD in our case)
[USD - Non-Farm Employment Change] = Change in the number of employed people during the previous month, excluding the farming industry.
EUR/USD M5: 45 pips range price movement by Non-Farm Payrolls news events
GBP/USD M5: 42 pips range price movement by Non-Farm Payrolls news events
BTC/USD M5: range price movement by Non-Farm Payrolls news events
Brent Crude Oil M5: range price movement by Non-Farm Payrolls news events
Sergey Golubev, 2017.03.15 15:01
GBP/USD - pre-FOMC movement and levels (based on the article)
H4 price is on the secondary rally within the primary bearish market condition: the price is on testing with Senkou Span line to above for the possible bullish reversal to be loacted inside the ranging Ichimoku cloud.
Sergey Golubev, 2017.03.15 19:33
Intra-Day Fundamentals - GBP/USD and EUR/USD: Fed Funds Rate and FOMC Statement
2017-03-15 18:00 GMT | [USD - Federal Funds Rate]
[USD - Federal Funds Rate] = Interest rate at which depository institutions lend balances held at the Federal Reserve to other depository institutions overnight.
GBP/USD M5: 85 pips range price movement by Fed Funds Rate news events
EUR/USD M5: 72 pips range price movement by Fed Funds Rate news events
Sergey Golubev, 2017.03.18 14:26
GBP/USD - "At this week’s BoE rate decision, we saw the first vote for a rate hike post-Brexit, and this came from Ms. Kristin Forbes. The meeting minutes indicated that other members may vote for a rate hike in the coming months, and the reaction since that rate decision has been GBP-strength. In her testimonial, Ms. Forbes says that while Brexit will continue to dominate the news and public debate, the BoE remains steadfast towards their mandate of 2% inflation. She remarked that inflation is already very close to the bank’s target today; but the BoE forecast of 2.7% inflation within a year warrants attention. For the next week, the forecast on the British Pound will be held as neutral. More signs of confirmed inflationary forces will need to be seen before a bullish forecast can be initiated."
Sergey Golubev, 2017.03.20 18:12
UK To Trigger Article 50 On March 29 (based on the article)
The primary bearish is the long-term trend tendency for the pair: monthly price broke Ichimoku cloud to below in augist 2014 for the bearish marklet condition. Fow now, the price is continuing with the bearish market condition with 1.1475 medium-term bearish target to re-enter for example.