Traders returned from vacation and their enthusiasm rose strongly, especially precious metals was not affected by news and bucked the trend. Fed officials will make speech intensively tonight and tomorrow which is the event focused on. MMI GROUP Trust Fund Team thinks the downward trend of gold is full, but this wave of downward trend since October 19 has gone bad, appearing broken phenomenon. A wave of upward may appear, considering to go long at low above 1219 and maybe testing 1252 line again or even higher.
Upward resistance: 1224.60 / 1252 / 1267.80
Downward support: 1219 / 1212.70 / 1187.20
Silver is in broad range between 20.50 and 18.70 so far, direction will be clear once breaking box.
Upward resistance: 20.50 / 20.90
Downward support: 19.80 / 19.30 / 19
The Trade Manager Pro EA is a MetaTrader Expert Advisor that performs position management for you avoiding human errors and enhancing your trading activity.
Amazingly easy to use Trade easily from the chart Trade with precise risk management, hassle free Capital preservation is top priority Let profits run without your attention Enjoy risk-free trades as soon as possible Automatic trailing stops for all opened trades Initial stop losses are placed as soon as trades are
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 indicator displays economic news on the currency chart (the appropriate data must be downloaded from the Internet - please see the download instructions on the screenshots provided). The list of currencies (countries) is customizable. By default it shows all currencies. The main parameters come with a built-in description. In addition, there are parameters for advanced users. News items are divided into 3 categories by degree of importance. There is a great flexibility in display parameter s
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
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
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
Averager is intended for averaging your deals that has had a drawdown or had gone against the trend.
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
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
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 indicator represents an additional chart window with a lower time frame where bars are combined into groups that are equivalent in time to main chart time frame. Bars are synchronized by the right hand side of the window, i.e. the time of the last bar in the main window corresponds to the time of the last bar group in the additional window. The maximum number of groups is 16; the maximum number of bars combined into groups in the additional window is 256. Limitations on the numbers are requi
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
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 indicator determines the inside bar and marks its High/Low. It is plotted based on the closed candles (does not redraw). The identified inside bar can be displayed on the smaller periods. You may set a higher period (to search for the inside bar) and analyze on a smaller one. Also you can see the levels for Mother bar.
Period to find Inside Bar — the period to search for the inside bar. If a specific period is set, the search will be performed in that period. Al
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
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
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
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
Pipfinite creates unique, high quality and affordable trading tools.
Our tools may or may not work for you, so we strongly suggest to try the Demo Version for MT4 first. Please test the indicator prior to purchasing to determine if it works for you.
We want your good reviews, so hurry up and test it for free...we hope you will find it useful.
Breakout Analyzer with Volume Critical
Strategy: Enter confirmed reversal setups Watch Video: (Click Here)Breakout Analyzer with Strength
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
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.
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.
Language of messages displayed (EN, RU, DE, FR, ES) - language of the output messages (English, Russian, German, French, Spanish). Price for open - open price. If set to
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 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.
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
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
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
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:
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
Auto Trade Copier is designed to copy trades between multi MetaTrader 5 accounts/terminals with 100% accuracy.
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
CandleTimer is an indicator that can be usable for scalper and short-term traders. It shows the following useful information:
Remaining and past time of a candle on the current chart or other timeframe Alarm setting for play sound at the start of the current candle Show SL/TP line defining whether the indicator has a Sell or Buy order or both Show a spread value Show Ask and Bid lines in different colors in high and low spread Compatible with a money management EA (you can buy it separat
Gold "Speculation" Drops To Record Low
While the last two days of relative excitement in the precious metals are noteworthy in their bucking-the-trend of recent months, there is perhaps a much more critical 'trend' that may finally allow the demand for physical gold to peer through the veneer of synthetic paper pricing. As JPMorgan notes, speculative positions (defined CFTC net longs minus shorts) have dropped to record lows in the last few weeks. With ETF gold holdings back below 'Lehman' levels and gold coin sales elevated, perhaps the Indian government's (and most of the Western world's Feds) hope for the death of the precious metals market is greatly exaggerated...
Gold Spec positions at record lows...
"Paper" Gold ETF Holdings at pre-Lehman crisis levels...
6/Jan/2014 Gold & Silver Analyses
Closed on Jan 3, the gold price of U.S. COMEX in February rose $13.40, or 1.1%. Richmond Fed President Jeffrey Lacker said on Friday that the Federal Reserve’s decision to cut bond buying in the last meeting is very right, because the U.S. job market is gradually improving. He expected the Federal Reserve will further discuss the matter on cutting bond buying in the future meeting. MMI GROUP Trust Fund Team thinks, although gold broke the downlink channel last week since October 29, but is still running in the downward trend since the peak of August 28. Currently it is likely to test the top edge of downlink channel.
Upside resistance: 1252 / 1267.80
Downside support: 1227 / 1212.70 / 1187.20
Silver is still in the shock area, but the downward trend does not go bad. 20.50 the following It is still primarily short thinking under 20.50.
Upside resistance: 20.50 / 20.90
Downside support: 19.80 / 19.35
This article only represents the personal point of author, for reference only, not as a basis for the investment. Enter the market accordingly at your own risk.
Gold Just Flash Crashed
Gold just got slammed by a big trade. Check out the chart below (via Nanex).
As the volume sub-graph shows, over 10,000 futures contracts were traded at 10:14 AM ET, seeing the price of the metal fall from $1245.50 an ounce to a low of $1212.60 before rebounding back to current levels around $1234.
8/Jan/2014 Gold & Silver Analyses
Eurostat data released on Tuesday displayed, the consumer price index (CPI) of euro zone on December is less than the expected 0.9%.The Eurozone faces the risk of inflation further falling again.
Improvement of U.S. trade balance boosts the dollar but suppresses precious metals. The ADP national employment report in December and the Fed's December meeting minutes on Friday, will lead to hot spots again. MMI GROUP Trust Fund Team thinks the downward trend is full and still do bear market at 1267.80. Focus on 1212.70 line in the day, if stabilize above the line, can consider light storehouse and more single to participate.
Upside resistance: 1233 / 1252 / 1267.80
Downside support: 1219 / 1212.70
Silver is still running in tank shock, short thinking below 20.50, if effectively breakthrough the bottom of tank, then the downward space open further. Non-farm in this week may make silver have a more positive performance.
Downside support: 19.35 / 18.70
Proof Gold's Latest Slam Was Not A "Fat Goldfinger"
With December's "fat finger" in US Treasury Futures proved as nothing but an HFT algo gone wild, Nanex has turned its deep-thought to the recent halt in gold futures markets. Their conclusion, this was not the result of a fat finger, but rather the work of a high frequency trading algorithm that would pause, and (probably) test the market before continuing. A fat finger would not have had such distinguishing features.
December's bond melt-up was not a fat finger but an HFT algo gone wild..
Video replay of trading action in T-Bond Futures casts doubt that this was a "fat-finger" event
A fat-finger trade would send prices straight up, but video replay clearly shows pauses and ample back-and-forth trading.
And so was the recent gold smack down...
On January 6, 2014 at 10:14:13, Gold futures plummeted $30 on heavy volume. About 4,200 contracts send gold futures prices tumbling $30 and trigger a 10 second trading halt.
Update - 8-Jan-2014
The chart below shows the entire $30 drop in the price of Gold futures that occurred in just under 100 milliseconds (1/10th of a second). When we separated groups of trades by a jump in the exchange sequence number (a technique to determine the size of a larger order) we discovered there were 9 groups where the sum of the trade sizes was exactly 338 contracts! Each group is composed of widely different number of trades (211, 186, 120, 193, 97, 193, 137, 112 and 109 to be precise), yet the sum of the sizes of each group totals exactly 338. We show these 9 groups in the chart below. What's more, there are other trades occurring between these groups of 338 contracts.
What this tells us is that this was not the result of a fat finger, but rather the work of a high frequency trading algorithm that would pause, and (probably) test the market before continuing. A fat finger would not have had such distinguishing features.
9/Jan/2014 Gold & Silver Analyses
The Fed's policy meeting minutes from 18 to 19 December published on Wednesday revealed that the Fed thought the economic boost brought by quantitative easing bond purchase monthly has begun to weaken. after the release of meeting minutes, the dollar briefly rose, but the impact did not kept for a long time, soon returned most rising. MMI GROUP Trust Fund Team considers gold is doing concussion run, currently trading is relatively light, waiting for the interest rates of European central bank and Bank of England today and non-farm performance on Friday, can consider light storehouse build more at low order in a day, but still short thinking mainly.
Upside resistance: 1233.10 / 1248.50
Downside support: 1212.70 / 1199
Silver can do short-term bullish thinking in a day or two, but still short market below 20.50.
Upside resistance: 19.90 / 20.50 / 20.90
Downside support: 19.40 / 19 / 18.70
Gold And Silver Are Spiking
Following this morning's smackdown, it appears low prices encouraged demand and in the last few minutes, gold and silver turned green for the day and surged on heavy futures volume back above $1250 and $20.25 respectively.
The market was closed yesterday and is relatively light because of the Coming-of-Age Day in Europe and the United States. MMI GROUP Trust Fund Team thinks the concern on slowing down the QE speed byFed was caused by the non-agricultural data last week, which is good for commodity currencies. Gold ended positively for three consecutive days, but the downward trend is still well-defined, short thinking is dominant. Currently focus on the top edge of the downlink channel, if effectively break, may be out of a large correction rally.
Upside resistance: 1267.80 / 1278.80
Downside support: 1238 / 1212.70
The terrible non-agricultural report last week made silver shock upstream, but still below 20.50. The 20.50 line is the most important long-short watershed, short trend may remain if cannot break effectively.
Upside resistance: 20.50 / 20.40
Downside support: 19.90 / 19.40
Gold Monkey-Hammered As Stocks Spike
Well that escalated quickly... As Europe closes, the precious metals complex is slaughtered on the altar of higher stocks and lower bond prices...
We can only imagine the fiduciary that would wait til the last mnute to bulk sell as much nominal paper gold and silver as this...
And for a sense of the volume...
15/Jan/2014 Gold & Silver Analyses
Precious Metals sharply went downward yesterday after two hawks of Fed, Fisher and Plosser, newly won voting right and issued the strong views to support an early end to QE. MMI GROUP Trust Fund Team thinks the downward trend of Gold is in whole, without touching the lower edge of downlink channel yesterday, and has broken the recent upward trend, the short information is strong now. Our advice is to sell at high intraday, many holdings need be cautious, can consider longs to participate in until appears effectively break downward trend.
Upside resistance: 1245.50 / 1255.40 / 1267.90
Downside support: 1238.10 / 1227.10
Silver peaked by the influence of Fed comments yesterday, but quickly fell back to the turbulence field, did not effectively breakthrough 20.50 line, showing bears power still prevail. Investors can consider empty single participate in at high intraday.
Upside resistance: 20.50 / 20.90 / 21.40
Downside support: 19.90 / 19.30