It is flat on D1 timeframe for the 10 days but the price is in bearish condition going to be continuing the primary bearish. On H4 timeframe - price is on bearish too trying to break 0.8868 support from above to below on open bar for now, and Chinkou Span line is breaking historical price for possible breakdown in the near future.
the price will break 0.8928 on H4 and especially 0.8969 on D1 timeframe - we may see ranging market condition with possible rally within primary bearish.
UPCOMING EVENTS (high/medium impacted news events which may be affected on AUDUSD price movement for this coming week)
2013-12-30 15:00 GMT (or 16:00 MQ MT5 time) | [USD - Pending Home Sales]
2013-12-31 00:30 GMT (or 01:30 MQ MT5 time) | [AUD - Private Sector Credit]
2013-12-31 14:45 GMT (or 15:45 MQ MT5 time) | [USD - Chicago PMI]
2013-12-31 15:00 GMT (or 16:00 MQ MT5 time) | [USD - Consumer Confidence]
2014-01-01 01:00 GMT (or 02:00 MQ MT5 time) | [CNY - Manufacturing PMI]
2014-01-01 22:30 GMT (or 23:30 MQ MT5 time) | [AUD - AIG Manufacturing Index]
2014-01-02 01:45 GMT (or 02:45 MQ MT5 time) | [CNY - HSBC Final Manufacturing PMI]
2014-01-02 05:30 GMT (or 06:30 MQ MT5 time) | [AUD - Commodity Prices]
2014-01-02 13:30 GMT (or 14:30 MQ MT5 time) | [USD - Unemployment Claims]
2014-01-02 15:00 GMT (or 16:00 MQ MT5 time) | [USD - ISM Manufacturing PMI]
2014-01-03 01:00 GMT (or 02:00 MQ MT5 time) | [CNY - Non-Manufacturing PMI]
Please note : some US (and CNY) high/medium impacted news events (incl speeches) are also affected on AUDUSD price movement
SUMMARY : bearish
TREND : bearish
MACD All MAs-14 is a MACD indicator that allows choosing usual parameters of the standard MACD (constructed from EMA) as well as the type of the moving average to be applied: up to 14 different types.
You can select 9 standard MAs available in MetaTrader 5 - SMA, EMA, SMMA, LWMA, DEMA, TEMA, Frama, VIDYA, AMA, TRIX, and 4 non-standard - LRMA, HMA, JMA, AFIRMA.
Method MA - select the type of moving average to be displayed in the current graph. Period slow MA - the number
The most profitable trend traders are the ones who know how to recognize not only the market trend, but also the trading opportunities that arise once a trend has been established. The Pz Trend Trading indicator has been designed to profit has much as possible from trends taking place in the maket.
Established trends offer dozens of trading opportunities, but most trend trading indicators neglect them completely, and leave the trader completely uninformed about what the market is doing during a
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
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
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 Expert Advisor implements the classic "triangular arbitrage", which is successfully used by hedge funds.
"Triangular" arbitrage refers to a class of neutral-market strategies, in which the profit or loss of open positions does not depend on the direction of the market movement as a whole.
In order to take profit, the EA exploits a weak spot of market makers - it utilizes the difficulty of balancing cross rates of all currency pairs.
The advantages of the strategy are the following:
Trade Copier Pro is a powerful tool to copy trade remotely between multiple accounts at different locations over internet. This is an ideal solution for signal provider, who want to share his trade with the others globally on his own rules. One provider can copy trades to multiple receivers and one receiver can get trade from multiple providers as well. The provider can even set the subscription expiry for each receiver, so that receiver will not be able to receive the signal after that
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 Heiken Ashi indicator drawn using a tick chart. It draws synthetic candlesticks that contain a definite number of ticks.
option prices - price option. It can be Bid, Ask or (Ask+Bid)/2. the number of ticks to identify Bar - number of ticks that form candlesticks. price levels count - number of displayed price levels (no levels are displayed if set to 0 or a lower value). calculated bar - number of bars on the chart.Buffer indexes: 0 - OPEN, 1 - HIGH, 2 - LOW, 3 - CLOSE.
COSMOS4U Volume indicator facilitates your trade decisions. It gives confirmation of the running movement and market trends. It highlights current and past accumulation and distribution volumes, comparing them to moving average volume and the highest volume. In addition, it identifies and marks nuances as well as convergence and divergence patterns of bears and bulls in order to provide the market trend and price ranges.
The supported features are as follows:
Fast Volume Moving Average Slow
MetaCOT 2 is a set of indicators and specialized utilities for the analysis of the U.S. Commodity Futures Trading Commission reports. Thanks to the reports issued by the Commission, it is possible to analyze the size and direction of the positions of the major market participants, which brings the long-term price prediction accuracy to a new higher-quality level, inaccessible to most traders.
These indicators, related to the fundamental analysis, can also be used as an effective long-term filte
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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
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Market Profile defines a number of day types that can help the trader to determine market behaviour. A key feature is the Value Area, representing the range of price action where 70% of trading took place. Understanding the Value Area can give traders valuable insight into market direction and establish the higher odds trade. It is an excellent addition to any system you may be using.
Blahtech Limited presents their Market Profile indicator for the MetaTrader community. Inspired by Jim Dalton’s
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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
Ichimoku Kinko Hyo is a purpose-built trend trading charting system that has been successfully used in nearly every tradable market. It is unique in many ways, but its primary strength is its use of multiple data points to give the trader a deeper, more comprehensive view into price action. This deeper view, and the fact that Ichimoku is a very visual system, enables the trader to quickly discern and filter "at a glance" the low-probability trading setups from those of higher proba
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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.
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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.
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An example of operation of the averager in an Exeprt Advisor in the MetaTrader 5 terminal: Exp - TickSniper. The system is identical to the averaging system created for MetaTrader 4. A demo version of the averager for MetaTrader 5: Averager DEMO.Note: this is not an automated trading system (the EA doesn't work in the strategy tester). It monitors your deals and averages them in case o
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
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Automation of the process of placing the Sell Stop pending orders, Stop Losses and T
Virtual TrailingStop is an Expert Advisor that manages trailing stop without sending its information to the broker server.
EnableVirtualTrailingStop: enable or disable whole function VirtualTrailingStop: the pip use for determine how far the Virtual Trailing Stop will placed calculated from current price StartFromBreakEven: true/false. If true, Virtual Trailing Stop will placed after breakeven BreakEvenPoint: point profit from order open price where the Virtual T
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 program also takes the news calendar into account: the robot does not enter the market in a 10-minute interval before and after a news rel
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.
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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
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DeltaVolumeDistribution indicator can be considered as the fusion of the DeltaVolume and TradeSizeDistribution indicators.
This indicator, inspired by the MarketDelta-family charts, computes the net difference between trades occurring at bid and at ask, while trades occurring between bid and ask quotes are not computed. The indicator plots the resulting DeltaVolume as a unique distribution plot.
With the DeltaVolumeDistribution indicator you will actually be able to see the order flow entering
Forum on trading, automated trading systems and testing trading strategies
newdigital, 2013.12.29 18:08
AUDUSD Technical Analysis : December 30 - January 3
The Australian dollar slumped to a one-week low against its U.S.
counterpart on Friday, as indications of an improving U.S. economy
fuelled expectations of a further reduction in U.S. monetary stimulus.
Monday, December 30The U.S. is to release private sector data on pending home sales, a leading indicator of economic health.Tuesday, December 31Australia is to produce data on private sector credit.Meanwhile,
the U.S. is to produce private sector data on consumer confidence and
house price inflation, as well as a report on manufacturing activity in
the Chicago region.Wednesday, January 1China is
to publish government data on manufacturing activity, a leading
indicator of economic health. The Asian nation is Australia’s largest
trade partner.Markets in Australia and the U.S. will remain closed for the New Year’s holiday. Thursday, January 2China is due to release the final reading of its closely watched HSBC manufacturing PMI.In
the U.S., the Institute of Supply Management is to release its
manufacturing PMI, while the Labor Department is to release its weekly
report on initial jobless claims. The country is also to publish data on
construction spending.Friday, January 3The U.S. is to round up the week with official data crude oil stockpiles and natural gas inventories.
Week 1 - 8H Chart Update: Ranging Bearish since October High - Possible inversion once price cross orange Kumo in closing bar at 0.9093.
newdigital, 2013.12.31 07:36
Australia November Private Sector Credit +0.3%
Overall private sector credit in Australia was up a seasonally adjusted
0.3 percent in November compared to the previous month, the Reserve Bank
of Australia said on Tuesday.
newdigital, 2014.01.02 09:29
AUD/USD down in Asian trading hours
Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.36% to hit 1.5472 and AUD/JPY falling 0.28% to hit 93.67.
Bullish pattern for AUDUSD H1 (retracement) :
MetaTrader Trading Platform Screenshots
AUDUSD, H1, 2014.01.02
MetaQuotes Software Corp., MetaTrader 5, Demo
the price will break 0.8928 on H4 and especially 0.8969 on D1 timeframe
- we may see ranging market condition with possible rally within
Seems - AUDUSD price is moved by itself irrespective off fundamental news events :) Price broke 0.8928 resistance on H4 and came to primary bullish with Ichimoku cloud/kumo to be below the price. Kumo is vety thin and because of that - the border of the cloud as s/r lines can not stop the price to go to any side. So, support/resistance for H4 are the following for now :
As to D1 timeframe so the situation is not changed so much - AUDUSD D1 did not break 0.8969 resistance on close D1 bar but we may see new s/r levels for D1 timeframe :
newdigital, 2014.01.04 10:54
Technical Analysis for AUDUSD (adapted from dailyfx article)
Fundamental Forecast for Australian Dollar: Bullish
On the external front, the first critical
consideration is the fate of China, Australia’s largest trading partner
and a leading engine of demand for the country’s key mining sector.
Economists’ baseline 2014 GDP growth expectations were revised higher a
month ago (according to a survey of analysts polled by Bloomberg). Data
outcomes from the East Asian giant began to improve compared with median
forecasts over the same period and short-term lending rates have
reversed sharply lower, with the 7-day Shibor benchmark fixed at a
two-week low of 4.711 percent on Friday. All told, this makes for a
broadly benign landscape.
The second key factor on the external side of the equation is the US monetary policy outlook. The Aussie has been closely anchored to US treasury yields,
falling in lock-step with a rise in borrowing costs as the Fed began to
“taper” its QE effort and drove liquidation across assets that had
benefitted from the stimulus program.
newdigital, 2014.01.05 12:07
Weekly outlook: January 6 - 10
Monday, January 6Germany is to release preliminary data on consumer price inflation, which accounts for the majority of overall inflation.The U.K. is to produce data on service sector activity, a leading indicator of economic health.The
U.S. is to publish data on factory orders, while the Institute of
Supply Management is to release data on service sector activity.Tuesday, January 7Australia is to publish data on the trade balance, the difference in value between imports and exports.Germany
is to release data on retail sales, the government measure of consumer
spending, which accounts for the majority of overall economic activity,
as well as data on the change in the number of people unemployed.The euro zone is to produce preliminary data on consumer inflation.The
Swiss National Bank is to publish data on its foreign currency
reserves. This data is closely scrutinized for indications of the size
of the bank’s operations in currency markets.Both the U.S. and Canada are to publish reports on the trade balance, while Canada is also to release a report on the Ivey PMI.Wednesday, January 8Germany
is to release reports on the trade balance and factory orders.
Meanwhile, the euro zone is to produce data on the unemployment rate and
a separate report on retail sales.The U.S. is to release the
ADP report on private sector job creation, which leads the government’s
nonfarm payrolls report by two days.Later Wednesday, the Federal Reserve is to publish what will be the closely watched minutes of its latest policy meeting.New Zealand is to publish data on building consents, a leading indicator of future construction activity.Thursday, January 9Australia is to publish data on building approvals, as well as a report on retail sales.China is to publish data on consumer inflation.The U.K. is to release data on the trade balance. Meanwhile, the BoE is to announce its benchmark interest rate.Later
in the day, the ECB is to announce its benchmark interest rate. The
announcement is to be followed by a press conference with President
Mario Draghi. Germany is to publish data on industrial production.Canada is to produce data on building permits and new house price inflation.In the U.S., the Labor Department is to release its weekly report on initial jobless claims.Friday, January 10Switzerland is to publish data on consumer inflation.The U.K. is to release a report on industrial and manufacturing production, a leading indicator of economic health.Canada is to release data on the change in the number of people employed and the unemployment rate.The U.S. is to round up the week with the closely watched government data on nonfarm payrolls and the unemployment rate.