D1 price was going along Sinkou Span A line which is virtual border between primary bullish and primary bearish for D1/H4 timeframes. Chinkou Span line crossed the prifce but on horizantal way which is indicating flat within primary bullish.
D1 price will break 1.3864 resistance level from below to above so the
primary bullish will be continuing (good to open buy trade).
UPCOMING EVENTS (high/medium impacted news events which may be affected on EURUSD price movement for this coming week)
2014-04-28 14:00 GMT (or 16:00 MQ MT5 time) | [USD - Pending Home Sales]
2014-04-29 06:00 GMT (or 08:00 MQ MT5 time) | [EUR - GfK German Consumer Climate]
2014-04-29 14:00 GMT (or 16:00 MQ MT5 time) | [USD - CB Consumer Confidence]
2014-04-30 06:45 GMT (or 08:45 MQ MT5 time) | [EUR - French Consumer Spending]
2014-04-30 09:00 GMT (or 11:00 MQ MT5 time) | [EUR - CPI Flash Estimate]
2014-04-30 12:15 GMT (or 14:15 MQ MT5 time) | [USD - ADP Non-Farm Employment Change]
2014-04-30 12:30 GMT (or 14:30 MQ MT5 time) | [USD - GDP]
2014-04-30 18:00 GMT (or 20:00 MQ MT5 time) | [USD - Federal Funds Rate]
2014-05-01 01:00 GMT (or 03:00 MQ MT5 time) | [CNY - Manufacturing PMI]
2014-05-01 12:30 GMT (or 14:30 MQ MT5 time) | [USD - Fed Chair Yellen Speaks]
2014-05-01 14:00 GMT (or 16:00 MQ MT5 time) | [USD - ISM Manufacturing PMI]
2014-05-02 12:30 GMT (or 14:30 MQ MT5 time) | [USD - Non-Farm Employment Change]
Please note : some US (and CNY) high/medium impacted news events (incl speeches) are also affected on EURUSD price movement
SUMMARY : bullish
TREND : ranging
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.
Trade Channel Indicator DCMV
The DCMV Indicator calculates the following Channel characteristics:
Channel Bounds (for TP and SL). It's assumed that price will never go outside the channel.Center Line of the Channel.Settlement price (with probability 90% the price will return to this line).Reference line (used for detection of trend).Upper and Lower breakborder. Used for generation of trade signals: channel breakout (trend strategies), false breakouts (flat strategies).Usage:
The indicator pro
The TrendX is a technical indicator which allows to determine not only the movement direction of the market, but also to identify the flat areas.
It is based on the CCI indicator and a combination of price patterns.
The indicator works on all symbols and timeframes.
Two parameters allow to customize the indicator as needed, PERIOD is the period of CCI and T_Value is the significance of the trend.
DCMV Trade Channel Oscillator
The indicator calculates the values of DCMV trade channel oscillator:
Trade channel width. The value of trade channel depends on the trend (it increases at start of the trend and has the maximum values at end of the trend). The value of trade channel decreases at flat movement. The lowest values of channel width indicates the high probability of the very strong price movement.
The +DC line shows the "bulls" power. The -DC line shows the "bears" power. Th
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 indicator consists of the two parts – entry system displayed on the chart and currency power analyzer.
The analyzer can take on values from 0 to 3:
the higher the value, the stronger the currency; the smaller the value, the weaker the currency; average values of the indicator suggest that the currency is in flat.Recommendations on usage:
Buy if Trader Dream shows Buy signal and the analyzer shows the currency's strength (the value exceeds 2). Sell if Trader Dream shows Se
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 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
This indicator gives full information about the market state: strength and direction of a trend, volatility and price movement channel. It has two graphical components:
Histogram: the size and the color of a bar show the strength and direction of a trend. Positive values show an ascending trend and negative values - a descending trend. Green bar is for up motion, red one - for down motion, and the yellow one means no trend. Signal line is the value of the histogram (you can enable divergence
The script is intended for automatic placing of Buy Stop pending orders, Stop Losses and Take Profits on the user specified levels.
Avoiding unwanted entering a long position in case of false hitting the level as a result of widening of the spread by a dealing center. Avoiding unwanted triggering of a Stop Loss in case a quote pierces a significant level (fractal) without further confirmation with the close price. Setting a necessary virtual order and entering the market in
The script 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
This is a classical trading strategy, which falls into the category of breakout systems. They form support and resistance levels, which temporarily limit further price movement. When the price breaks down the support level or breaks up the resistance level, there emerges a strong momentum in the breakout direction, which allows to make profit on strong price movements with moderate risk.
To create the strategy, we used historical data with the quality of history of 99.9%.
It uses filtration o
Pivot Points MT5 is a universal color multicurrency/multisymbol indicator of the Pivot Points levels systems. You can select one of its three versions: Standard Old, Standard New and Fibo. It plots pivot levels for financial instruments in a separate window.
The system will automatically calculate the Pivot Point on the basis of market data for the previous day (PERIOD_D1) and the system of support and resistance levels, three in each.
A user can choose colors for the indicator lines.
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
This indicator searches for candlestick patterns. Its operation principle is based on Candlestick Charting Explained: Timeless Techniques for Trading Stocks and Futures by Gregory L. Morris.
If a pattern is detected, the indicator displays a message at a bar closure.
This indicator is a complete analog of the Candle Pattern Finder indicator for MetaTrader 4
It recognizes the following patterns: Bullish/Bearish (possible settings in brackets):
Hammer / Shooting Star (with or without confi
The indicator generates early signals basing on ADX reading data combined with elements of price patterns.
Works on all symbols and timeframes.
The indicator does not redraw its signals. You see the same things on history and in real time.
For better visual perception signals are displayed as arrows (in order not to overload the chart).
The indicator is a complete analogues of the Trend Monitor indicator for MetaTrader 4
The best results are obtained when the indicator works o
The indicator is based on the digital window-sinc filter with an excellent frequency division. Due to this property you can get a very smooth indicator line.
The indicator has three lines: the central line indicates the main trend direction and the "fair" price, the other two lines show the price range. When the central line is read, it is recommended to buy from the bottom line and close a position above the central line. When the line is blue, do the opposite - sell from the upper line and cl
Energy line is calculated similar to kinetic energy in physics: E = (mv^2)/2. Tick volumes (money stock) are used as mass, while price rate of change (ROC) is used as velocity.
Energy direction (positive or negative) is defined by ROC direction.
Chaikin Volatility (CHV) indicator is additionally used. Since the volatility starts increasing before the price actually moves, CHV notifies of the increased market activity in advance. Calculations result in the energy release, which usually occurs b
Unique "scalping" trend indicator with the feature of multi-layered smoothing of the resulting lines and a wide selection of parameters. It helps determine a probable change in the trend or a correction virtually near the very beginning of the movement. The toggled intersection arrows are fixed and appear at the opening of a new bar, but, with enough experience, it is possible to look for entry opportunities as soon as the indicator lines intersect at the unfinished bar. The signal appearance li
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
The Trend Strength is now available for the MetaTrader 5.
This indicator determines the strength of a short-term trend using the tick history that is stores during its operation.
The indicator is based on two principles of trend technical analysis:
The current trend is more likely to continue than change its direction. The trend will move in the same direction until it weakens.The indicator works on the M30, H1, H4 and D1 timeframes.
It is easy to work with this indicator both in manu
Is position management time consuming? The Trade Manager Pro EA performs an automatic and flawless position management for you, avoiding human errors and enhancing your trading activity. It represents a ten-fold increase in trading productivity!
Capital preservation is top priorityLet profits run without your attentionEnjoy risk-free trades as soon as possibleIt trails the stop-loss automatically
Initial SL and TP are also automatic
The EA performs the following tasks
Trade in the opposite directions with HedgeTerminalApi library!
HedgeTerminalApi is a program interface allowing you to use HedgeTerminal virtualization technologies in your robots and scripts. With HedgeTerminalApi, you are able to trade in the opposite directions when two or more trading algorithms occupy opposite positions on a single symbol. The library allows robots to track their positions even if these positions overlap entirely or partially. Moreover, with this library, you are able to
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 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.
Main Pivots is an indicator which looks for pivots points on preset intervals (days, weeks, months, years, etc.). Then all extreme points are checked for splice and consistent support and resistance lines are formed. These lines are useful for detecting the best pivot points.
It finds a pair of pivot lines for each interval which correspond to Low (support line) and High (resistance line) of the price movement on the interval. Difference between these lines represemt the price movement for the
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 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
Who will be interested in this product:
those who are used to diversify the portfolio with a large number of pairs. those who work with a large number of orders those who trade news using pending orders (see the "Grid request" tab).The panel is designed to make managing a large number of orders as easy as managing one.
The currency pairs and order types for opening are formed here. The prices and stop levels are set.
User can define the price valu
AIIV EURUSD - Active Index Inflection Values EURUSD
The Indicator Shows:
The intensity and the direction of the movement of USD. The intensity and the direction of the movement of EUR. The inflection value of EURUSD.This indicator allows determining a state of inflection on the market with a delay of one-two candlesticks and a 60% precision (precision depends on the chart timeframe - the higher the timeframe, the more precise is the forecast).
AIIV is a series of indicators of inflection
Forum on trading, automated trading systems and testing trading strategies
newdigital, 2014.04.26 09:05
newdigital, 2014.04.27 06:19
For the second week in a row, the EUR/USD pair fell, but bounced enough
to form a small hammer. With that being the case, we believe that this
market will continue to grind sideways, and as a result this market
looks as if it is not ready to do anything at the moment. Because of
this, we are not interested in a longer-term trade in the EUR/USD pair,
but do recognize that there is a potential uptrend line coming soon, so
buying is possible, but not at this moment in time.
newdigital, 2014.04.29 07:29
EUR/USD mocks at Draghi's efforts and set sights at 1.3880 resistance
EUR/USD is climbing higher in Asia as the pair moved to 1.3861 after opening at 1.3849Risk vs. inflationEUR/USD
lived through a volatile session on Monday as the pair slumped to
intraday lows early in Asia on the back of further Russia- Ukraine
crisis escalation, but reversed losses and pushed to 1.3878 when the
European players joined the game. Ironically, German Import Price Index
came out lower than expected (-0.6% m/m, -3.3% y/y against forecasted
-0.1% m\m, -2.7% y/y), increasing chances that today’s CPI will fail to
meet expectations and put more pressure on ECB. Though markets seemed to
look the other way. Today the European session starts with German ПАЛ
Consumer Confidence index that is expected to stay unchanged at 8.5 in
April. Strong figures might support EUR and push it yesterday’s high at
1.3878, though the investor are more likely to be focused on CPI data
published later during the day. April y\y figure is expected to climb to
1.3% from 0.9% in March, but negative surprises are possible. If the
data fails to live up to expectations EUR/USD may dip to 1.3820 and then
to the key support level of 1.3800. What are today’s key EUR/USD levels?Today's
central pivot point can be found at 1.3848, with support below at
1.3817, 1.3782 and 1.3751, with resistance above at 1.3883, 1.3914, and
1.3949. Hourly Moving Averages are bullish, with the 200SMA at 1.3824
and the daily 20EMA neutral at 1.3816. Hourly RSI is bullish at 53.
newdigital, 2014.04.29 12:35
EUR/USD drops to 1.3850 on EMU data
The single currency is now reverting the early upside, dragging the EUR/USD back to the 1.3850 area after softer EMU releases.
EUR/USD deflates on dataThe pair is now giving
away some gains after EMU’s M3 Money Supply expanded below estimates at
an annual pace of 1.1% during March vs. 1.4% forecasted and February’s
1.3%. Private Loans followed suit, contracting 2.2% in a year to March,
missing forecasts for a 2.1% contraction. Previous releases showed the
German Consumer Confidence gauged by the Gfk Survey matching estimates
at 8.5 for the month of May. “Looking at the latest money and credit
growth data there remains a compelling case for further monetary easing
by the ECB. However, with inflation expected to bounce this month and
economic activity continuing to recover, we suspect that the ECB will
stick to its strategy of verbal intervention at next week’s press
conference and refrain from taking further policy action”, commented
Martin van Vliet, Analyst at ING Bank NV.EUR/USD levels to watchAs
of writing the pair is up 0.05% at 1.3858 with the next resistance at
1.3880 (high Apr.28) ahead of 1.3906 (high Apr.11) and then 1.3925 (high
Mar.19). On the flip side a breakdown of 1.3832 (daily cloud top) would
aim for 1.3824 (10-d MA) and finally 1.3815 (low Apr.28).
newdigital, 2014.04.29 15:20
2014-04-29 12:00 GMT (or 14:00 MQ MT5 time) | [EUR - German CPI]
if actual > forecast = good for currency (for EUR in our case)
Germany HICP Inflation Accelerates Less Than Expected
Germany's EU measure of inflation accelerated for the first time in
five months in April, but the figure came in below economists'
The harmonized index of consumer prices rose 1.1
percent annually in April, following a 0.9 percent gain in March,
preliminary figures from Destatis showed Tuesday.
forecast an inflation figure of 1.3 percent. The March inflation was the
lowest since June 2010, when the rate was 0.8 percent.
Month-on-month, the HICP dropped 0.3 percent in April. Economists had expected a 0.1 percent decline.
overall consumer price index climbed 1.3 percent in April, which was
faster than the 1 percent rise in the previous month. Economists were
looking for an inflation figure of 1.4 percent. Consumer prices fell 0.2
percent from the previous month, while economists had forecast a 0.1
Destatis is set to release the final inflation numbers for April on May 14.
April inflation figures for
Eurozone are due to be released on Wednesday. In March, Euro area
headline inflation fell to a worrying 52-month low of 0.5 percent, way
out of the ECB's target of "below, but close to 2 percent'.
European Central Bank Vice President Vitor Constancio said the bank
does not have any target in mind for April inflation. He also asserted
that a single figure alone cannot prompt a policy change.
The bank is set to hold the next rate-setting session on May 8.
The central bank has several instruments at its disposal and it will use them if there is a need, Constancio reiterated.
MetaTrader Trading Platform Screenshots
EURUSD, M5, 2014.04.29
MetaQuotes Software Corp., MetaTrader 5, Demo
EURUSD M5 : 45 pips price movement by EUR - German CPI news event
Resistance level for today asnd tomorrow is 1.3879 instead of 1.3864 (just for information) :
newdigital, 2014.05.01 16:36
EUR/USD Fundamental Analysis May 2, 2014 Forecast
is trading at 1.3880 inching higher on Thursday having ridden out two
days of worse than expected news on Eurozone inflation and the US
economy that have not fundamentally altered perceptions of the policy
outlook in either. The US dollar weakened on disappointing GDP numbers
and seemed to ignore the continuing tapering by the Federal Reserve.
year’s dominant trend on major currency markets is the euro’s continued
strength in the face of a steady reining in of US monetary policy
stimulus and expectations the European Central Bank would be forced at
some stage to do the opposite. A number of analysts had predicted low
euro zone inflation on Wednesday, following lower than forecast figures
out of Germany a day earlier, might be enough to turn the single
currency significantly weaker.
Policymakers at the euro zone’s
central bank have talked aggressively about their willingness to take
action to head off a debilitating cycle of falling prices and demand,
and as such have outright opposed any further gains for the euro.
they face substantial barriers to delivering the sort of decisive
policy action that would weaken the currency at a time when capital is
flooding back into the euro zone’s peripheral economies and stock
FxEmpire provides in-depth analysis for each currency and
commodity we review. Fundamental analysis is provided in three
components. We provide a detailed monthly analysis and forecast at the beginning of each month. Then we provide more up to the data analysis and information in our weekly reports.
Economic Data May 1, 2014 actual v. forecast
China – Labor Day
AIG Manufacturing Index
Chinese Manufacturing PMI
Nationwide HPI (YoY)
Nationwide HPI (MoM)
Core PCE Price Index (MoM)
Fed Chair Yellen Speaks
Initial Jobless Claims
ISM Manufacturing PMI
Something Interesting in Financial Video May 2014
newdigital, 2014.05.01 16:39
Strategy Video: EURUSD Break or Reversal at 1.4000 is Investor vs ECB
After a weak showing from 1Q US GDP and a rebound in Eurozone inflation,
EURUSD was pushed back up to the top of April's range. This recent
move, however, doesn't properly encompass the fundamental, technical and
market conditions factors behind this benchmark pair. Nor does it
properly reflect its trade potential. The bullish inclination for EURUSD
is well founded in investment capital seeking out higher returns in the
Eurozone - another 'risk on' factor. Yet, the 1.4000-1.3900 region
carries a technical prominence and the ECB's ire. A large scale
confrontation is playing out, and we discuss its trading potential in
today's Strategy Video.
newdigital, 2014.05.02 09:25
EURUSD Forex Signals: Trading the Non-Farm Payrolls Report
EUR/USD forex signals show that the pair is trading inside a
symmetrical triangle on its 4-hour time frame as traders can’t quite
establish a clear direction on the pair. Price is testing the top of the
triangle around the 1.3875 levels but stochastic is reflecting selling
A selloff from its current levels could take the pair back to the
bottom of the triangle at the 1.3775 area. Consolidation around the
current levels could be seen for the most part of the day as traders
await the results of the non-farm payrolls report for April.
Recall that the US dollar reacts to fundamentals during this release,
as a strong jobs figure tends to support the currency while a weak
reading leads to a selloff. The past report has printed a bleak result
but there could be a stronger showing this time around. The consensus is
at a 216K rise in employment, which could push the jobless rate down to
6.6% from 6.7%.
In this case, EUR/USD might selloff to the bottom of the triangle and
an even stronger figure could lead to a breakdown. Take note that the
chart pattern is roughly 300 pips in height, which suggests that the
resulting selloff could be of the same size.
The fundamental bias for the EUR/USD pair is still to the downside,
given the divergence in monetary policy plans of the Fed and the
European Central Bank. Keep in mind that the ECB will make its policy
announcement next week and that officials are already considering
negative deposit rates or further easing measures. Meanwhile, the FOMC
statement earlier this week turned out to be relatively upbeat as the
Fed decided to push through with its taper and give optimistic comments
on the US economic recovery.
If the NFP turns out to be a downside surprise though, EUR/USD forex signals
might indicate a strong upside break from the triangle resistance and
rally until the previous highs near the 1.4000 major psychological
newdigital, 2014.05.02 11:27
Trading the News: U.S. Non-Farm Payrolls (based on dailyfx article)
The U.S. Non-Farm Payrolls (NFP) report may spark a bullish reaction in the dollar (bearish EUR/USD)
as the economy is expected to add another 215K jobs in in April, while
the jobless is projected to narrow to 6.6% from 6.7% the month prior.
Why Is This Event Important:
A pickup in job growth paired with a further decline in unemployment may
put increased pressure on the Federal Open Market Committee (FOMC) to
normalize monetary policy sooner rather than later, but the data may do
little to alter the Fed’s policy outlook as Chair Janet Yellen remains
reluctant to move away from the zero-interest rate policy (ZIRP).
The ongoing strength in private sector consumption paired with the
uptick in business sentiment may prompt a sharp rise in job growth, and a
better-than-expected print may generate a near-term pullback in the
EUR/USD as it raises the fundamental outlook for the U.S. economy.
However, rising input prices paired with the persistent slack in the
real economy may push businesses to scale back on hiring, and a dismal
NFP print may heighten the bearish sentiment surrounding the reserve
currency as it drags on interest rate expectations.
How To Trade This Event Risk
Bullish USD Trade: NFPs Advance 215K+; Unemployment Slips to 6.6%
March 2014 U.S. Non-Farm Payrolls
EURUSD M5 : 37 pips range price movement by USD - Non-Farm Employment Change news event :
At the March Non-Farm Payrolls release we saw a print of 192K vs. 200K
estimates and the figure, largely in line, caused little follow through
in the EUR/USD pair. Following chop on both sides, we the week slightly
higher. On Wednesday we saw ADP Employment Change figures for April come
in slightly above estimates at 220K vs. 2010K expected. This will be
the last major event risk for the week a key for monthly opening ranges.
EURUSD, M5, 2014.05.02
EURUSD M5 : 48 pips by USD - NFP news event