D1 price is on primary bullish trying to break 1.3898 resistance for bullish to be continuing. Chinkou Span line of Ichimoku indicator is moving along historical price to be ready to cross it from above to below for possible breakdown which will be correction within primary bullish.
H4 timeframe - flat with correction started on open bar.
W1 timeframe - the price is on ranging market condition within primary bullish trying to break 1.3966 resistance.
D1 price will break 1.3898 resistance level on close bar so the bullish trend will be continuing.If Chinkou Span line of Ichimoku indicator will cross historical price from above to below so we may see good correction within primary bullish
UPCOMING EVENTS (high/medium impacted news events which may be affected on EURUSD price movement for this coming week)
2014-04-14 09:00 GMT (or 11:00 MQ MT5 time) | [EUR - Industrial Production]
2014-04-14 12:30 GMT (or 14:30 MQ MT5 time) | [USD - Retail Sales]
2014-04-15 09:00 GMT (or 11:00 MQ MT5 time) | [EUR - Trade Balance]
2014-04-15 09:00 GMT (or 11:00 MQ MT5 time) | [EUR - German ZEW Economic Sentiment]
2014-04-15 12:30 GMT (or 14:30 MQ MT5 time) | [USD - CPI]
2014-04-15 12:45 GMT (or 14:45 MQ MT5 time) | [USD - Fed Chair Yellen Speech]
2014-04-15 13:00 GMT (or 15:00 MQ MT5 time) | [USD - TIC Long-Term Purchases]
2014-04-16 02:00 GMT (or 04:00 MQ MT5 time) | [CNY - GDP]
2014-04-16 02:00 GMT (or 04:00 MQ MT5 time) | [CNY - Industrial Production]
2014-04-16 02:00 GMT (or 04:00 MQ MT5 time) | [CNY - Retail Sales]
2014-04-16 09:00 GMT (or 11:00 MQ MT5 time) | [EUR - CPI]
2014-04-16 12:30 GMT (or 14:30 MQ MT5 time) | [USD - Building Permits]
2014-04-16 16:15 GMT (or 18:15 MQ MT5 time) | [USD - Fed Chair Yellen Speech]
2014-04-17 06:00 GMT (or 08:00 MQ MT5 time) | [EUR - German PPI]
2014-04-17 08:00 GMT (or 10:00 MQ MT5 time) | [EUR - Current Account]
2014-04-17 14:00 GMT (or 16:00 MQ MT5 time) | [USD - Philly Fed Manufacturing Index]
SUMMARY : bullish
TREND : bullish
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 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
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
Safe Automatic is a safe MetaТrader 5 trading robot working autonomously on a VPS server. The good results are achieved on EURUSD.
The EA applies modified versions of a trend-following strategy, half-pyramiding, scalping, Elliott Wave method and speculating trading with a deposit protection. The EA switches the strategies automatically. The robot does not trade at night from 10 p.m. to 4 a.m. (server time).
The robot was tested in the special tester on real ticks. Empirical e
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 trade strategy is based on three moving averages. To determine the trend, it uses three exponentially smoothed moving averages: FastEMA, MediumEMA and SlowEMA.
Buy signal: FastEMA>MediumEMA>SlowEMA (upward trend).Sell signal: FastEMA<MediumEMA<SlowEMA (downward trend).Input parameters:
Inp_Signal_ThreeEMA_FastPeriod = 8;Inp_Signal_ThreeEMA_MediumPeriod = 38;Inp_Signal_ThreeEMA_SlowPeriod = 48;Inp_Signal_ThreeEMA_StopLoss = 400;Inp_Signal_ThreeEMA_TakeProfit = 900;Inp_Money
Times & Sales is a famous (and old!) trading tool. However, it is not present in MetaTrader 5 as a built-in tool.
DeltaTrader now presents this indicator for MetaTrader! It has the following characteristics:
Two flag modes: FOREX and EXCHANGE
FOREX: black color: last price = 1-Minute opening price / blue color: last price < 1-Minute opening price / green color: last price > 1-Minute opening price. EXCHANGE: black color: last price = between quotes / blue color: last price = bid price / gre
Percent Crosshair is a powerful and easy percentage measure tool.
Measure the chart percentage very quick! Don't waste your time anymore!
Just attach the Percent Crosshair indicator in the chart, select crosshair mode at toolbars or press "Ctrl+F" and start using the crosshair as you always do! The percent measure will be next to the indicative price.
Customize your indicator the way you want!
There are 4 entry parameters:
Positive % color: set the desired color when % is positive. Negat
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.
VirtualTradePad - is a contol panel for working with orders in МetaТrader 5 : buy, sell, buystop, buylimit, sellstop, selllimit, close, delete, modify, tralling stop.
VirtualTradePad won 2nd prize in the "Best Control Panel in the MQL5 Language" Contest.
The panel consists of 5 tabs.
VirtualTradePad PositionsStyle VirtualTradePad Ordersstyle VirtualTradePad SignalsStyleDemo version of the panel - VirtualTradePad LiteProfit or Loss PadINFO PadYou can also try this panel for
The indicator is intended for determining the spread and swap size, the distance for setting stop orders and stop losses from the current price allowed and the risk per 1 point in the deposit currency.
The indicator informs a trader about possible additional expenses and profits connected with transferring a position to the next trade session of the financial instrument. It also informs about the spread size and the distance of pending orders, stop loss and trailing from the current price. In a
Fast Copy MT5 allows 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
The indicator calculates the quantum frequencies using the current market data. The quantum frequencies are used in Spectrum analysis of automated trading systems to create quantum filters for selecting signals, i.e. skipping trades that are likely to be unprofitable.
How It Works
It analyses the trade results of automated trading system for each frequency (512 frequencies are used). Calculation of the frequency response to search for "profitable" and "unprofitable" f
The indicator plots horizontal support and resistance levels using grouping of extrema. The levels are displayed as lines whose color depends on how many times the level was a support or resistance line over the specified interval. You can also display counters for support, resistance and age of the level in text format. The age of the level indicates how many bars back the level had the most recent impact on the price (on the chart time frame as specified in the settings). Given the age of the
This is a panel for controlling the profit/loss in dollars, pips or % of balance. A new function for trailing profits has been implemented.
The panel can be used as a virtual Stop Loss or Take Profit.
It also features the emergency button - CLOSE ALL.
You can also try the full version of the VirtualTradePad for mt5 panel, as well as the Profit or Loss for mt4 panel
Other versions in this collection:
VirtualTradePad for mt5 Digit Market Time Pad Market Time Pad Scalper PadMain f
Trading Chaos Expert Lite is a light version of Trading Chaos Expert. In the Lite version it is not possible to receive the table of trading signals, automatically place pending orders based on them and maintain open positions for multiple symbols at the same time in one window. Only the Current Chart mode is available. In all other features the panel is fully consistent with the basic version of the Expert Advisor.
This is, rather, a well thought out trader's assistant which is not easy to do
This product is similar to Tick volume analizer Expert Advisor, however it is implemented as an indicator. Release of this product is stipulated by the fact, that it is not possible to run two EAs in the same window.
Tick volume is equal to amount of ticks at the unit of time. There is direct correlation between tick volume and real amount of deals. Every change of the price is a result of a real request to perform a deal. Consequently, fewer requests we have, the less price changes we get, an
This oscillator was developed exclusively by xCalper in 2015 based on moving averages calculations to indicate and try predicting oversold and overbought levels.
The fast line (white, by default) oscillates basically between values -0.5 (oversold) and +0.5 (overbought). Whenever this line crosses upward value -0.5, it means an oversold price level. When it crosses downward value +0.5, it means an overbought price level. When fast line crosses value 0.0 and returns, it is a strong pull-back indi
This is an extended version of Heiken Ashi indicator with the ability to average (smooth) the values for the specified period of bars and select the applied price: considering "Open price" or not. The description is provided in the parameters. Three screenshots are displayed below: standard version (1 bar), 3 bars and 5 bars.
МetaTrader 4 version: https://www.mql5.com/en/market/product/7326
ROMAN5 Bollinger Bands TrailingStop includes BreakEven facility. TrailingStop automatically moves the Stop Loss with the Bollinger Bands level. You can place ROMAN5 Bollinger Bands TrailingStop in any chart. It comes with an alert that will sound whenever a new signal appears. It also features an email facility. Your email address and SMTP Server settings should be specified in the settings window of the "Mailbox" tab in your MetaTrader 5.
Bollinger Bands Parameters:
BB Period - The averagin
This is an utility for automatic scaling of a chart and making at least 140 bars visible in it. This is necessary for a correct wave analysis according to the Bill Williams' strategy "Trading Chaos". The utility can be used on any timeframe available in МetaТrader 5.
It draws a vertical line through the first bar the calculation starts from. This line allows you to see the probable starting point of the wave sequence along with a sufficient number of bars displayed in the chart. It also makes t
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
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
qAutoActivation indicator is one of the main components of Trading Chaos Expert trading expert panel. The indicator displays the current trend on the current timeframe. This is the first indicator that is attached to the chart and saved in the trading complex template. It defines what trading signals from the expert panel should be automated for market entry (bullish or bearish ones).
When the trend changes, the indicator changes the line color and, at the same time, highlights the trading pane
The Expert Advisor uses the strategy of trading the Fibonacci levels. As the basis for placing a grid, the EA uses the ZigZag indicator (included in the standard MetaTrader delivery).
First, the EA determines the trend direction. To do that, according to the Dow theory, it uses the last two Highs and last two Lows of the ZigZag.
If the last High is higher than the previous and the last Low is higher than the previous, the EA considers the trend to be ascending. If the last High is lower
The economic calendar is made in the form of an Expert Advisor that downloads the data from one of the most popular Forex sites (forexfactory.com/calendar.php). The data is presented in two ways. The first (primary) is represented as icons with detailed information about the event. The second is displayed as a line with a news description. Economic Calendar downloads published news in real mode with the possibility to adjust the spacing of data validation and user-friendly customizable graphical
The PZ Day Trading indicator detects reversals in a zig-zag fashion, without repainting or backpainting. Based on breakouts of variable lengths, the indicator uses only price action to pick trades and reacts to the market very fast. The positional accuracy of its signals offers huge opportunity for profits, easily up to 80% winners.
Amazingly easy to tradeChart statistics will help you to optimize your tradingIt works on every single timeframe without fine tuningThe indicator analyzes its own q
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
Informer for VPS - report on the state of your account via e-mail. Useful for controlling your Expert Advisors that run on a VPS or a dedicated computer. Information about open positions and last deals for a day, week, month or year grouped by currency pairs.
Adjustable periodicity of reports and depth of deals included in the report. A possibility to add own comment to each report. You will receive reports on e-mail with specified periodicity: from 15 minutes to once a day. The reports are se
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.
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Exit Signals are NOT to be used in entering a trade!
Exit means closing your trades to avoid correction/reversal which can wipe out existing
Forum on trading, automated trading systems and testing trading strategies
newdigital, 2014.04.13 22:20
EUR/USD trading forecast for Monday
During Friday’s trading session EUR/USD traded within the range of 1.3863-1.3905 and closed at 1.3885.
Industrial production in the euro
zone probably rose 0.2% in February from the previous month, according
to the median analyst’ estimate. In January, industrial output
unexpectedly declined 0.1%. Industrial production
is an indicator of the business cycle that shows the activity and
development in the industry as a whole, by measuring the change in
volume for a certain period of time. Information on industrial production
is raised through special studies for EU members, which are called
Prodcom. They cover between 5000 and 6000 products. The index measures
the percentage change from the previous month.
A larger than expected increase in the industrial output would
heighten the appeal of the euro. The official report is due out at 09:00
GMT on Monday.
Meanwhile, retail sales in the
United States probably increased 0.8% in March on a monthly basis,
according to the median forecast by experts. In February sales rose
0.3%. The report on retail sales
reflects the dollar value of merchandise sold within the retail trade by
taking a sampling of companies, operating in the sector of selling
physical end products to consumers. The retail sales
report encompasses both fixed point-of-sale businesses and non-store
retailers, such as mail catalogs and vending machines. US Census Bureau,
which is a part of the Department of Commerce surveys about 5 000
companies of all sizes, from huge retailers such as Wal-Mart to
independent small family firms.
US core retail sales (retail sales ex autos)
probably rose 0.5% in March compared to a month ago, following a 0.3%
increase in February. This indicator removes large ticket prices and
historical seasonality of automobile sales.
The retail sales index is considered
as a coincident indicator, thus, it reflects the current state of the
economy. It is also considered a pre-inflationary indicator, which
investors can use in order to reassess the probability of an interest
rate hike or cut by the Federal Reserve Bank. In addition, this
indicator provides key information regarding consumer spending
trends. Consumer expenditures, on the other hand, account for almost
two-thirds of nation’s total Gross Domestic Product. Therefore, a larger
than expected increase in sales would heighten the appeal of US dollar.
The official report is due out at 12:30 GMT on Monday.
newdigital, 2014.04.12 18:27
newdigital, 2014.04.12 18:49
The EUR/USD pair rose during the week, breaking above the 1.38 level
handily. However, we need to get above the 1.3950 level, and for that
matter the 1.40 level in order to feel comfortable enough to start
buying and holding onto the position. If we do that though, it would
break above a downtrend line from the monthly timeframe, which of course
would be a massive bullish sign in a market that has been actually in a
downtrend since the financial crisis began. Granted, we’ve had long
moves up and down, but if you look at the monthly charts, you will see
that we are in fact in a downtrend.
newdigital, 2014.04.14 15:26
if actual > forecast = good for currency (for USD in our case)
U.S. Retail Sales Jump 1.1% In March Amid Improved Weather
With Americans heading back to the stores after the unusually rough
winter, the Commerce Department released a report on Monday showing that
U.S. retail sales rose by more than expected in the month of March.
report showed that retail sales jumped by 1.1 percent in March after
climbing by an upwardly revised 0.7 percent in February.
had expected sales to increase by about 0.9 percent compared to the 0.3
percent increase originally reported for the previous month.
Boockvar, managing director at the Lindsey Group, said, "Retail sales
in March showed a nice bounce back after the weather influenced previous
The stronger than expected retail sales growth was
partly due to a notable increase in sales by motor vehicle and parts
dealers, which surged up by 3.1 percent in March after climbing by 2.5
percent in February.
Excluding the increase in auto sales, retail
sales still rose by 0.7 percent in March compared to economist estimates
for an increase of 0.5 percent.
The report also showed a
significant rebound in sales by building materials and supplies dealers,
which rose by 1.8 percent in March after falling by 0.6 percent in
merchandise stores and non-store retailers also saw strong sales
growth, with sales rising by 1.9 percent and 1.7 percent, respectively.
the other hand, the report said sales at electronic and appliance
stores dropped by 1.6 percent. Sales at gas stations also fell by 1.3
Core retail sales, which exclude autos, gasoline, and
building materials, increased by 0.8 percent in March compared to
economist estimates for 0.5 percent growth.
"Bottom line, consumers clearly responded to the winter thaw and the sales gains m/o/m were pretty broad based," Boockvar said.
the upside to the core portion of the data, Q1 GDP estimates should go
up by about .1-.2 but still may print below 2%," he added. "The
sustainability of the sales gains, as opposed to just a onetime weather
rebound, will now be the focus."
MetaTrader Trading Platform Screenshots
EURUSD, M5, 2014.04.14
MetaQuotes Software Corp., MetaTrader 5, Demo
EURUSD M5 : 17 pips price movement by USD - Retail Sales news event
newdigital, 2014.04.13 17:03
newdigital, 2014.04.15 12:57
Forex Trading Video: EURUSD Drops and GBPUSD At-Risk On Monetary Policy Focus
The strong risk aversion of the last two weeks was on a weak footing to
start this new trading period. In its absence, we find rate speculation
more than capable of taking its place. Responding to a very clear
threat, the Euro
dropped Monday against all of its major counterparts. Clearly unnerved
by the currency's strength, ECB President Draghi upgraded his threat to
forcibly drive the Euro down via monetary policy channels. Ahead, we
will see whether the US Dollar and Pound
will exploit the unfavorable position of their counterpart or join it
with important inflation readings. The risk theme is still in play, but
our attention must now be split with interest rate speculation. We look
at both drivers and their trade implications in today's Trading Video.
newdigital, 2014.04.15 13:02
German ZEW falls to 43.2 points – EUR/USD pressured under 1.38
ZEW disappointed in the headline but surprised in the
current situation component. The headline Economic Sentiment figure
dropped to 43.2 points while the Current Situation actually improved to
59.5 points. The important German ZEW Economic Sentiment Index for April
was expected to remain at similar levels to last month’s 46.6 points.
The “Current Situation” sub component was predicted to remain around
51.3 points. The all European figure was expected to tick down from 61.5
points and it did: to 61.2 points. The German figure is of higher
EUR/USD was pressured towards the release, trading just under 1.38.
It immediately fell to new lows of 1.3789, but recovered back to the
round number of 1.38. It seems unable to retake previous levels, but the
numbers are not too bad to trigger an extension of the fall.
2014-04-15 09:00 GMT (or 11:00 MQ MT5 time) | [EUR - German ZEW Economic Sentiment] :
newdigital, 2014.04.15 15:09
U.S. Consumer Prices Rise Slightly More Than Expected In March
Consumer prices in the U.S. rose by slightly more than expected in
the month of March, according to a report released by the Labor
Department on Tuesday, with the growth largely reflecting higher prices
for shelter and food.
The Labor Department said its consumer price
index rose by 0.2 percent in March after inching up by 0.1 percent in
each of the two previous months. Economists had been expecting another
0.1 percent increase.
The core consumer price index, which
excludes food and energy prices, also rose by 0.2 percent in March after
ticking up by 0.1 percent for three straight months. Core prices had
been expected to inch up by 0.1 percent once again.
EURUSD M5 : 20 pips price movement by USD - CPI news event :