The opinion research agency poll published by the Independent
newspaper on Wednesday, showed 45% for the 'Leave' camp, 44% for
'Remain' and 11% undecided.
A TNS online poll, also published on Wednesday, showed 41% supporting
remaining inside the EU, while 43% thought their country would be
better off outside the bloc, and 16% were undecided. The betting
odds of the 'Remain' camp lengthened slightly on Wednesday to 4/11,
indicating a 73% probability that the UK will remain inside the EU after
the vote, while the odds on Brexit were 11/4, or 27%.
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
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 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
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
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
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
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
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
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.
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
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
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
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
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.
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
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
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
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 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
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
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
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
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
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
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
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
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 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:
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
The final online poll by research firm Populus for The Independent
newspaper showed 55% support for the 'Remain' camp – a 10-point lead
ahead of 'Leave' with 45%. A poll released earlier on Thursday
by Ipsos MORI had shown 52% support for 'Remain', while 48% of
respondents said they would vote for an exit from the EU. Despite
the polls showing a notable pick-up for 'Remain', sterling slid from
the early morning's near-six-month highs to trade 0.65% up on the day at
$1.4809 at the time of writing. Breaking news from Germany
showed a gunman attacked a cinema near Frankfurt. The masked man who
took hostages on the premises has been reportedly killed by German armed
police forces. Analysts in UK have been warning that any
terrorist attack in Europe would have negative consequences on the EU
referendum vote in Britain, boosting the Brexit camp.
The identity of the attacker and the motivation behind the attack in Germany is being investigated. The
most popular betting odds on the UK vote to leave the EU have drifted
out from 3/1 this morning to 9/2 around later afternoon. This shows a
probability of leaving the Union of around 18% at the moment, a notable
decrease since yesterday.
In just a few days, it’s conceivable that the European Union’s
political and economic future could be reshaped by the UK’s June
23-scheduled referendum vote regarding whether Britain should retain
membership in, or exit, the EU. Popularly known as ‘Brexit’ – shorthand
for Britain Exit—the vote outcome could have far-reaching consequences
for not just the British and Eurozone economies, but also for global
currency and equity markets in particular.
Over the course of three articles, published within the next
week, we’ll take a deeper look at what the vote means for all involved.
Today’s article will examine the reasons for the referendum; Part II,
which we’ll publish later this week, will consider the consequences
either a remain or leave outcome might have on major currencies; and
Part III, which we’ll publish early next week, will detail the affect
the vote will likely have on global and UK stocks.
The European Union (EU) is an economic and political union of 28 free
states, located primarily on mainland Europe. Each member state
acknowledges, upon joining the EU, that they have entered the
international treaties covered by the Union of their own free will,
without being forced to do so by a third party or superpower. The
Union’s strength – and ironically its fragility – comes from that very
Under Article 50 of the EU treaty, "Any Member State may decide to
withdraw from the Union in accordance with its own constitutional
requirements". To date, none of the EU’s member states has ever elected
to leave the Union, while the waiting list to join the EU is lengthy. A
decision by the British people to become the first country to leave the
EU could have ramifications not only for the UK's future, but also
seriously tarnish the EU's prestige and political power.
Prior to the European Union’s founding on November 1, 1993, Britain
was part of the much smaller European Economic Community which it joined
in 1975. The EEC—often referred to as the Common Market—had 9 member
states and was primarily a trading arrangement.
Similar to the EEC, the European Union represents a single market for
its member states. But unlike the earlier accord it has evolved into a
much broader—and more political—entity that’s headquartered in Brussels,
Belgium and along with trade-related issues, legislates over
immigration and visa issues as well.
For many in the UK, that’s at the heart of the current problem.
Reasons vary. Politically, some citizens are concerned about the
ever-growing power of the EU over its member countries. The EU has
exclusive legislation power over areas such as common commercial
procedures, transport policies, even rules of competition. This
essentially means member states no longer have the right to introduce
their own legislation in these areas, which many see as weakening
Economically, some believe that the free movement of people and
goods—a core principal of the EU—is hurting Britain's own economy, as
its government is unable to control the influx of migrant workers into
the country, and businesses are free to move elsewhere in the EU at
will. The border control argument, which has been going on for a number
of years now, has gained greater traction recently and is now also being
used in a security context, since some believe that disengaging from
the European Union's policy towards the Syrian refugee crisis would
benefit UK security.
Additionally, the UK contributes billions to the EU budget but gets
quite a bit less in return. How much less is the subject of fierce
debate. According to fullfact.org, the UK pays an annual 13 billion pound sterling
in fees (approximately $18.4B), while it gets back approximately 4.5
billion pounds (approx. $6.4B) in EU spending on the UK, leaving the
balance at minus 8.5 billion sterling (approximately $12B) for the UK.
Of course, those who wish to remain in the EU have their own set of arguments.
Politically, they want to stay in the EU because they believe united,
each member country is stronger than it would be on its own. The EU has
always seen itself as a global superpower, a status that currently
would be unattainable for any of its individual member countries.
Indeed, while the UK, Germany, and France have far-reaching political
influence in many different parts of the world, each could not rival
the US’s foreign policy clout on their own. This argument also serves
stay supporters when discussing security issues, as they believe that
strength in numbers is crucial for dealing with future threats.
Economically, EU member countries are able to export within the EU at
no cost, boosting sales of British products to mainland Europe. The EU
is also able to negotiate better trade deals, as access to the entire
European market is an attractive proposition for external trading
Stay supporters argue that the UK will never be able to negotiate
better terms on its own. For example, the TTIP, Transatlantic Trade and
Investment Partnership, which is currently under negotiation between the
US and the EU could become the biggest trade agreement ever formed.
Should the UK leave the EU, it would have to negotiate on its own, for
better or for worse, depending on one’s perspective.
Finally, while immigrant workers are seen as detrimental to the
British economy by supporters of the leave faction, those who wish to
stay claim young immigrants help spur growth which will only strengthen
the country's economy.
Macro vs Micro
Everything discussed so far concerns the macro economy. But is there a
way to prepare your individual portfolio for a possible Brexit? Yes and
It’s impossible to foresee all of the different ways 'Brexit' could
affect one’s personal investments. However, there are ways to guard
against—as well as hedge against—the possibility of a UK exit.
It's going to take some big remains to pull this back.
We've still got a lot of London and the South East to go and big areas like Manchester and Leeds.
Analysts from Nordea on scenarios after the Brexit referendum:
Q4 2016, the new prime minister triggers Article 50 of the EU Treaty by
notifying the EU that the UK intends to leave. That opens a two-year
window for negotiating a withdrawal agreement. But it seems unlikely
that the ultimate relationship between the UK and the EU will be agreed
within the two-year timeframe.
Background: Last week PM Cameron
said he would step down in the autumn and leave it to the next prime
minister to decide when to notify the EU about the intention to leave. A
likely leadership battle within the Conservative Party could delay the
government's invoking Article 50. Moreover, the new PM and his cabinet
will need time to come up with a coherent plan for the future
relationship with the EU (no such plan exists at this point). This could
postpone the notification until early 2017, a risk which would be
aggravated in case of an early general election in the autumn.
EU referendum was advisory and non-binding. Thus, the UK's next prime
minister is under no legal compulsion to act on the result. A new
premier could, in theory, go back to the EU and ask to negotiate a new
deal before taking it back for a second vote. But this option has been
ruled out by EU leaders. Moreover, it would be very difficult to ignore
the views of the 17.4 million people who voted to leave. Thus, the
minimum requirement would probably be a general election victory for a
party that had promised explicitly to think again.
Scenario 1: Brexit and free trade agreement (70% probability)
EU leaders are pressing the UK to move quickly, only the UK can decide
when to invoke Article 50. In other words, the EU cannot force the UK to
]The UK will try to negotiate a tailor-made free trade
agreement (FTA) with the EU. Due to the mutual economic dependency
between the UK and the EU, the UK will eventually, after several years
of negotiations, end up with a deal which ensures continued access to
the EU internal market, including services. But UK companies, including
financial institutions, will get somewhat less access than they have
today. But for an extended period after the notification it will remain
very unclear for financial market participants what type of post-exit
arrangement (Norway/EEA model, Swiss, Canada etc) the UK will end up
with. If the two-year negotiation period comes to an end with no deal,
it can only be extended by a unanimous decision of the other 27 EU
countries. If there is neither a deal nor an extension, the UK leaves
automatically and trades with the EU countries on WTO rules. Any EU deal
with the UK must be approved by a qualified majority of 65% of member
Scenario 2: No Brexit, return to status quo (30% probability)
assign a probability of 30% to the following political risk scenario:
Brexit will never happen - the UK will never trigger Article 50.
Background: Due to adverse developments in financial markets and the
economy plus mounting concerns about a dismantling of the UK, the new PM
and his cabinet will have second thoughts about the commitment to
accept the EU referendum. This could trigger a Brexit vote in Parliament
or a general election, in which the government advocates a
renegotiation with the EU. The longer Article 50 is put off, the greater
the chance it will never be triggered. With a delay in triggering
Article 50 to the end of this year, or possibly longer, the anti-Brexit
movement within Parliament is likely to gain ground. Ahead of the Brexit
vote, the majority of MPs favoured staying in the EU.
Mishcon de Reya, one of London’s biggest law firms, said it’s
representing a group of unidentified clients threatening to take legal
action against the British government if it tries to initiate the
process of leaving the European Union without consulting parliament.
formal start to Brexit talks is likely to be the triggering of Article
50 of the Lisbon Treaty. Mishcon de Reya said in a statement that this
process can only be started with parliament’s consent. The U.K.
government’s position is that it’s a decision for whoever is prime
minister after David Cameron tendered his resignation.
“The result of the referendum is not in doubt, but we need a process
that follows U.K. law to enact it,” Kasra Nouroozi, a partner at the
firm, said in an e-mailed statement. “Everyone in Britain needs the
government to apply the correct constitutional process and allow
parliament to fulfill its democratic duty, which is to take into account
the results of the referendum along with other factors and make the
which said it is acting on behalf of a currently anonymous group of
concerned clients, has retained David Pannick, Tom Hickman, Rhodri
Thompson and Anneli Howard to act in the matter. The law firm said it
has been in touch with government lawyers since June 27 to “seek
assurances that the government will uphold the U.K. constitution and
protect the sovereignty of parliament in invoking Article 50.”
The Commons Petitions Committee has confirmed that they will be putting it forward for debate after over 4 million signed it.
The committee had also been working on weeding out any dodgy signatures.
The Evening Standard report the petition will be discussed September 5th.
It's a potentially small risk for the market as it's very doubtful that anything will come of it.