D1 price is inside Ichimoku cloud/kumo ranging between the border of the cloud - Sinkou Span A and Sinkou Span B after reversal from bullish to primary bearish in the end of March this year. Chinkou Span line of Ichimoku indicator came to be very close to historical price trying to cross is from below to above for good breakout.
The same situation is for H4 timeframe : Chinkou Span line is very near to be crossed the price for breakout, and the price is crossing 1.0983 resistance level on open bar.
not so the ranging market condition will be continuing.
UPCOMING EVENTS (high/medium impacted news events which may be affected on USDCAD price movement for this coming week)
2014-04-14 12:30 GMT (or 14:30 MQ MT5 time) | [USD - Retail Sales]
2014-04-15 12:30 GMT (or 14:30 MQ MT5 time) | [USD - CPI]
2014-04-15 12:30 GMT (or 14:30 MQ MT5 time) | [CAD - Manufacturing Sales]
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 12:30 GMT (or 14:30 MQ MT5 time) | [USD - Building Permits]
2014-04-16 12:30 GMT (or 14:30 MQ MT5 time) | [CAD - International Transactions in Securities]
2014-04-16 14:00 GMT (or 16:00 MQ MT5 time) | [CAD - BOC Interest Rate]
2014-04-16 16:15 GMT (or 18:15 MQ MT5 time) | [USD - Fed Chair Yellen Speech]
2014-04-17 12:30 GMT (or 14:30 MQ MT5 time) | [CAD - CPI]
2014-04-17 14:00 GMT (or 16:00 MQ MT5 time) | [USD - Philly Fed Manufacturing Index]
Please note : some US (and CNY) high/medium impacted news events (incl speeches) are also affected on USDCAD price movement
SUMMARY : bullish
TREND : bullish
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 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
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
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
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
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
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 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
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
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 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
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 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.
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
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 indicator determines and marks the short-term lows and highs of the market on the chart according to Larry Williams` book "Long-term secrets to short-term trading".
"Any time there is a daily low with higher lows on both sides of it, that low will be a short-term low. We know this because a study of market action will show that prices descended in the low day, then failed to make a new low, and thus turned up, marking that ultimate low as a short-term point. A short-term market high is just
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 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 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
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
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.
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
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
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).
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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
We present you an effective software solution for arbitrage between brokers.
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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
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
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
Forum on trading, automated trading systems and testing trading strategies
newdigital, 2014.04.12 18:27
newdigital, 2014.04.12 18:44
It is not until we break down below this hammer that we would consider
selling, but at the end of the day we believe that the support comes
back into play at the 1.07 level, which extends all the way down to the
1.06 handle. With that, we would only be short-term bearish, and then
start looking for the supportive candle in order to go higher as we
would still be in an uptrend at that point as well. One thing to keep in
mind though, you can draw an uptrend line that would touch the bottom
of this hammer.
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
USDCAD, M5, 2014.04.14
MetaQuotes Software Corp., MetaTrader 5, Demo
USDCAD M5 : 22 pips price movement by USD - Retail Sales news event
newdigital, 2014.04.14 20:22
USD/CAD rebounds off key support (based on dailyfx article)
newdigital, 2014.04.15 08:01
2014-04-14 14:00 GMT (or 16:00 MQ MT5 time) | [USD - Business Inventories]
if actual < forecast = good for currency (for USD in our case)
U.S. Business Inventories Rise 0.4% In February, Less Than Expected
Business inventories in the U.S. rose by less than expected in the
month of February, according to a report released by the Commerce
Department on Monday, although the report also showed a notable rebound
in business sales during the month.
report showed that business inventories rose by 0.4 percent in
February, matching the increase seen in January. Economists had expected
inventories to increase by about 0.6 percent.
The increase in
business inventories was partly due to higher inventories at
manufacturers, which rose by 0.7 percent in February after edging up by
0.2 percent in January.
Inventories at merchant wholesalers also
increased by 0.5 percent in February after climbing by 0.8 percent in
the previous month.
On the other hand, the report said inventories
at retailers came in unchanged in February after rising by 0.3 percent
Meanwhile, the Commerce Department also said business
sales increased by 0.8 percent in February after tumbling by 1.1 percent
in the previous month.
Sales by manufacturers rose by 0.9 percent
in February after falling by 0.7 percent in January, while sales by
both retailers and merchant wholesalers increased by 0.7 percent.
inventories and sales both rising, the total business inventories/sales
ratio was unchanged from the previous month at 1.31. The ratio came in
at 1.28 in the same month a year ago.
USDCAD, M5, 2014.04.15
USDCAD M5 : 20 pips price movement by USD - Business Inventories news event
newdigital, 2014.04.15 15:06
if actual > forecast = good for currency (for CAD in our case)
USDCAD M5 : 25 pips range price movement by CAD - Manufacturing Sales news event :
newdigital, 2014.04.16 08:39
if actual > forecast = good for currency (for CNY in our case)
China Q1 GDP +7.4% On Year
China's gross domestic product expanded 7.4 percent on year in the first quarter of 2014, the government said on Wednesday.
That topped expectations for 7.3 percent following the 7.7 percent gain in the previous three months.
a seasonally adjusted quarterly basis, GDP added 1.4 percent - shy of
expectations for 1.5 percent and slowing from 1.8 percent in the three
The government also revealed that industrial
production gained 8.8 percent on year in March - missing forecasts for
9.0 percent but up from 8.6 percent in February.
Retail sales climbed 12.2 percent, beating expectations for 12.1 percent and up from 11.8 percent in the previous month.
investment climbed an annual 17.6 percent - missing forecasts for 18.0
percent and down from 17.9 percent a month earlier.
USDCAD, M5, 2014.04.16
USDCAD M5 : 10 pips rabge price movement by CNY - GDP news event
newdigital, 2014.04.16 14:42
USDCAD M5 : 14 pips price movement by CAD - International Transactions in Securities news event
newdigital, 2014.04.16 16:41
Bank of Canada interest rate statement
The Bank of Canada today announced that it is maintaining its target
for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1
1/4 per cent and the deposit rate is 3/4 per cent.
Inflation in Canada remains low. Core inflation is expected to stay
well below 2 per cent this year due to the effects of economic slack and
heightened retail competition, and these effects will persist until
early 2016. However, higher consumer energy prices and the lower
Canadian dollar will exert temporary upward pressure on total CPI
inflation, pushing it closer to the 2 per cent target in the coming
quarters. We expect total CPI inflation will remain close to target
throughout the projection, even as upward pressure from energy prices
dissipates, because the impact of retail competition will gradually fade
and excess capacity will be absorbed.
The global economic expansion is expected to strengthen over the next
three years as headwinds that have been restraining activity dissipate.
The economic recovery in the United States appears to be on track,
despite soft readings in the last few months largely due to unusual
weather. Indeed, private demand could turn out to be stronger than
anticipated. Europe’s economy is growing modestly, but inflation remains
too low and the nascent recovery could be undermined by risks emanating
from the Russia-Ukraine situation. In China and other emerging-market
economies growth is expected to be solid, although there are growing
concerns about financial vulnerabilities. Overall, global growth is
expected to pick up to 3.3 per cent in 2014 and increase further to 3.7
per cent in 2015 and 2016 – largely unchanged from the January Monetary Policy Report (MPR).
The Bank continues to expect Canada’s real GDP growth to average
about 2 1/2 per cent in 2014 and 2015 before easing to around the 2 per
cent growth rate of the economy’s potential in 2016. Competitiveness
challenges continue to weigh on Canadian exporters’ ability to benefit
from stronger growth abroad. However, a range of export subsectors have
been growing in line with fundamentals, which suggests that as the U.S.
recovery gathers momentum and becomes more broadly-based, many of our
exports will benefit. The lower Canadian dollar should provide
additional support. We continue to believe that rising global demand for
Canadian goods and services, combined with the assumed high level of
oil prices, will stimulate business investment in Canada and shift the
economy to a more sustainable growth track.
Recent developments are in line with the Bank’s expectation of a soft
landing in the housing market and stabilizing debt-to-income ratios for
households. Still, household imbalances remain elevated and would pose a
significant risk should economic conditions deteriorate.
In sum, the Bank continues to see a gradual strengthening in the
fundamental drivers of growth and inflation in Canada. This view hinges
critically on the projected upturn in exports and investment. With
underlying inflation expected to remain below target for some time, the
downside risks to inflation remain important. At the same time, the
risks associated with household imbalances remain elevated. The Bank
judges that the balance of these risks remains within the zone for which
the current stance of monetary policy is appropriate and therefore has
decided to maintain the target for the overnight rate at 1 per cent. The
timing and direction of the next change to the policy rate will depend
on how new information influences the balance of risks.
USDCAD M5 : 57 pips range price movement by CAD - BOC Interest Rate price movement :
newdigital, 2014.04.17 10:47
Trading the News: Canada Consumer Price Index (based on dailyfx article)
A rebound in Canada’s Consumer Price Index (CPI) may spur a near-term
pullback in the USD/CAD as it dampens bets of seeing the Bank of Canada
(BoC) further embark on its easing cycle.
What’s Expected:Event Important:
Heightening price pressures may keep the BoC on the sidelines as it
limits the threat for deflation, and Governor Stephen Poloz may endorse a
more neutral tone for monetary policy as the central bank head sees a
‘soft landing’ in the Canadian economy.
Rising input costs paired with the pickup in private sector consumption
may encourage Canadian firms to boost consumer prices, and a marked
uptick in the CPI may spur a near-term pullback in the USD/CAD as it
limits the threat for deflation.
However, the headline reading for inflation may continue to undershoot
amid the slowing housing market along with the downturn in business
sentiment, and a weaker-than-expected CPI print may heighten the bearish
sentiment surrounding the Canadian dollar as it puts increased pressure
on the BoC to further embark on its easing cycle.
How To Trade This Event Risk
Bullish CAD Trade: Price Growth Climbs 1.4% or Greater
USDCAD M5 : 55 pips price movement by CAD - CPI news event :