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
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
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
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
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
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
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 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
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
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
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 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.
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
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
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
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
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
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 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
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
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 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 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
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
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 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 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 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.
The night of Britain’s European Union referendum result was the
toughest moment of Bank of England Governor Mark Carney’s career and
policy makers “absolutely” got their response right, he said.
questions from school children at an event hosted by the BBC in
Coventry, in the U.K.’s West Midlands, Carney said he felt a “tremendous
responsibility” to keep the financial system functioning as it became
clear that Britons had voted to quit the bloc on June 23.
governor said he napped for about two hours before watching the first
results on television and going to the BOE’s Threadneedle Street
headquarters in London at around 3:30 a.m. to help oversee its
operations and coordination with central banks around the globe.
reaction was to make sure that the big fat plan that we had was being
put in place,” Carney said. “It’s our responsibility at the BOE to be
prepared for these contingencies. We had everybody in the financial
world focused on the event and we had to get it right. It’s interesting,
it’s exciting, it’s important and we did absolutely get it right.”
governor said a large number of countries want to trade with the U.K.
after it leaves the trading bloc and opportunities are “very large” with
new technology enabling smaller firms to do more business overseas.
countries want to trade with the U.K.,” he said. “You can be a small
firm of three-to-five people based here and you can sell around the
world. That’s increasingly going to be the case and that’s tremendously
exciting. It really plays to the strength of the U.K. because this is a
really, truly innovative country.”
a wide-ranging session, he also revealed his childhood nicknames were
“Carnage” and “Carnival” -- saying he preferred the former as it was
“more manly” -- that he likes the confectionery bar, Dairy Milk, his
favorite food is pizza, his favorite film is Gallipoli and that his
guilty pleasure is watching the television show “The Great British Bake
With U.K. interest rates at a record low 0.25 percent,
Carney also had a message for savers in his response to the question of
what advice he would give his younger self.
always tried to save something of what I earned, even if just for
discipline, and I would have taken some of that money and I would have
put it in some sort of equity fund, something that wasn’t just a pure
savings vehicle,” he said. “It’s not a bad thing when you’re young to
have something that will grow, something that is higher risk. You’ve got
a long life so you can ride out that risk.”
At an end of the first EU summit without the UK on Friday, Mr Fico said that he and other
Central European leaders whose citizens make up much of the EU migrant
population in Britain would not let those people become "second class
But in an interview with Reuters yesterday, he went further.
"V4 [Visegrad group] countries will be uncompromising.Unless
we feel a guarantee that these people are equal, we will veto any
agreement between the EU and Britain."
Fico claims to
speak on behalf of the Visegrad Four (Hungary, Poland, the Czech
Republic and Slovakia) but the Czech ambassador to the UK pointed out
this was not an "official statement" of the Visegrad
countries' common position on their approach to Brexit negotiations.
said that while he respected Mr Fico's opinion, it was for Poland -
which holds the Visegrad presidency - to speak on behalf of the group.
Visegrad group has consistently opposed EU efforts to introduce
mandatory quotas for migrants but Fico said the EU had shifted from a
mandatory quotas to a new principle of "flexible solidarity" over the
Add the comments to the rumours surrounding UK fin min Hammond's reported stance of giving up on EU single market access to take a stronger line on immigration and the plot becomes ever thicker.
The "Brexit cruise" didn't get very far. EU leaders drifted down the
Danube for an hour, said little about Britain over a leisurely shipboard
lunch, then circled back to Bratislava to resume Friday's summit.
the surface, though, things have been stirring on Brexit. Summit
chairman Donald Tusk later stirred them up more by saying Britain's
poker-faced prime minister, Theresa May, had let him glimpse her cards,
indicating divorce talks prompted by June's referendum may start in four
to five months.
Britain's plan to leave the European Union was
at the heart of the meeting of the 27 other member states in Slovakia,
where May was the notable absentee. But it seemed an empty heart.
by talks ashore on repairing the loss of trust in the EU exposed by the
British vote, the cruise conversation was minimal, according to Tusk.
This left leaders back where they started - waiting for Mrs May and,
when the summit ended, bickering with each other over migrants and
Tusk and others repeated their mantra of "no
negotiation without notification" - that the EU will not so much as talk
to the British until May triggers a two-year countdown to Brexit by
formally saying Britain will leave under Article 50 of the EU treaty.
legal mechanics, written to discourage anyone quitting, mean that
triggering it flips negotiating power from London to Brussels by binding
Britain to a deadline to strike a deal or lose favored access to its
main export market.
That poses dilemmas for both sides of how much to talk and when. Diplomats speak of a "chicken and egg situation".
apparently casual reference to a conversation with May from which he
concluded she was "quite likely" to be ready to invoke Article 50 in
January or February - a timing she herself is loath to commit to as her
government wrestles over strategy - was in line with EU efforts to hurry
The challenge seeks to provide constitutional clarity on the process required to exit the EU.
Following a preliminary hearing on 19 July 2016, a two-day judicial
review will be held in the High Court before the Lord Chief Justice on
Thursday 13 and Monday 17 October 2016 to clarify the constitutional
process necessary to trigger Article 50 and enable the UK to leave the
Gina Miller is the lead claimant in a judicial review claim against the Secretary of State for Exiting the European Union.
Miller is the co-founder of wealth management company SCM Private.
The claim seeks clarification from the court as to the constitutional
process that must be followed by the Government in triggering Article 50 of the Lisbon Treaty of the European Union to withdraw the UK from the EU.
"This case is not an attempt to subvert the outcome of the referendum
or to keep Britain in the EU. It is about ensuring for the future of
this country that the legally correct process for leaving under the UK
constitution is followed. There is only one opportunity for this to be
carried out and it should be undertaken in accordance with our laws,”
Ms Miller's case argues that the Government cannot trigger Article 50 without an Act of Parliament.
Her legal team will argue that this is required by the rule of law
and the sovereignty of Parliament, the principles on which the UK's
constitution is based.
“If we do not have clarity over the correct legal way to trigger
Article 50, it could result in significant legal disputes and
uncertainty over the validity of the notification. My case argues that
the executive, i.e. Government, should be held to account by ensuring
full Parliamentary scrutiny - and a vote by both houses of Parliament on
the required Act – before Article 50 is triggered,” says Miller.
Article 50 of the Treaty on the European Union provides for a Member
State to give notice of its exit of the European Union "in accordance"
with the Member State's "own constitutional requirements".
This claim is to clarify what the UK's constitution requires before
notification can be given. The Government's position has been that the
Prime Minister can trigger Article 50 through the use of the Royal
Ms Miller will argue that the UK's constitution does not allow the
use of the Royal Prerogative powers in this case, because the act of
notification under Article 50 frustrates the rights of individuals and
others enacted by Parliament in the European Communities Act 1972.
The Royal Prerogative powers cannot be used by the Government to
remove or reduce rights granted by an Act of Parliament – the
sovereignty of Parliament requires that only Parliament can change its
The Court indicated in July that, given the constitutional importance
of the claim, any appeal will go straight to the Supreme Court and will
be decided before the end of this year. This will ensure legal
certainty prior to the Government's sending of the notice under its
"We are going to be a fully independent,
sovereign country - a country that is no longer part of a political
union with supranational institutions that can override national
parliaments and courts.
"And that means we are going, once more,
to have the freedom to make our own decisions on a whole host of
different matters, from how we label our food to the way in which we
choose to control immigration."
Given the two year
expiry time of the Lisbon Treaty-based trigger that means the UK will
have left by the summer of 2019 and that is at least one uncertainty out
of the equation.
What May also confirmed though was that
immigration and UK sovereignty will be top of the negotiation agenda at
the expense of the single market. That in itself only intensifies the
overall uncertainty of how Brexit will pan out. She has denied that it's
"hard Brexit" per se as but the jury's very much out on that.
May told The Andrew Marr Show that the process of leaving the EU would be
"quite complex" but she hoped there would now be "preparatory work" with
the remaining EU members so that "once the trigger comes we will have a
smoother process of negotiation".
"It's not just
important for the UK, but important for Europe as a whole that we're
able to do this in the best possible way so we have the least disruption
for businesses, and when we leave the EU we have a smooth transition
from the EU."
The end-March deadline means that official negotiations will begin ahead of the French and German elections next year
the passive Remain campaigner becomes a pro-active Brexiteer. Politics
eh ? May's gloves are off now and she seems keen to get Brexit pushed
through before going to the country again in the next scheduled
General Election in 2020.
Expect the pound to open up
lower in Asia and remain ( no reverse pun intended!) on the back-foot as
I have been recommending for more than a while now.
Some of this
confirmation will have been factored in though as rumours have been
circulating for a while and with a market essentially short we can
expect to see some profit coming off the table. Keep selling those
rallies though as this play has a long way to run yet.
also promised a bill to remove the European Communities Act 1972 from
the statute book but the repeal of the 1972 Act will not take effect
until the UK leaves the EU under Article 50.
She said this was an "important step", adding:
"That means the UK will be an
independent sovereign nation, it will be making its own laws."
speaking at the Conservative conference so most of the comments are
massaging their own egos and slagging off the opposition.