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 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 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 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
IShift Lite is a lite version of IShift, and it doesn't include the tick chart.
IShift Lite allows:
perform trade operations directly from the depth of market with a "single touch"; automatically place Stop Loss and Take Profit; move position to breakeven; move Stop Loss along the price; automatically calculate the volume of an order depending on a fixed risk level or a fixed margin level.The program includes a visual help system.
Note: the demonstration version downloaded via the "Demo
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 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
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.
Scalper with Automatic Parameter Setting
Would you like to have an Expert Advisor that could automatically calculate trade parameters and adjust to the current market situation?
We present you our new development for the Forex market. This is a tick scalper for МТ4 and МТ5 - TickSniper.
Trading with it is fully automated. Forget continuous monitoring - this Expert Advisor trades independently. Its settings have been optimized over the course of testing on our real accounts.
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
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
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
Prime Scalper EA is uses the strategy based on the breakdown of the most optimize support and resistance levels. Is optimized using real ticks with 99.90% model quality. Uses fixed stop loss and trailing stop of profitable trades in its operation.
This EA works on EURUSD with M30 time-frame. Fully automated trading 24/5. No need in a large initial deposit. No Martingale, No Grid. Always uses Stop Loss to protect capital. Position trailing stop is used. Both
Does not support hedging orders on a single symbol on MT5
MultiMTCopier MT5Source - new and improved multi-terminal positions copier for your real / demo account, works faster, requires less, flexible in managing and upgrading, new information support. This expert is designed for terminal MetaTrader5 from which the position will be copied.
The EA will copy all positions without delays Additionally integrated notification in situations requiring user attention Buttons for re
We present you an effective software solution for arbitrage between brokers.
The Arbitrage on the market became widespread due to decentralization. There are many liquidity providers, whose quotes differ for various reasons. By tracking the dynamics of changes in the quotes of different brokers, it is possible to determine the delayed and leading brokers, thereby predicting the future prices of the delayed broker for a short time. Knowing these prices and using efficient built-in software filte
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.
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
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
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
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 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
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
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 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
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
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 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
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
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
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
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