D1 price: Chinkou Span line of Ichimoku indicator is crossing the price on open bar for possible breakdown; and the price is crossed Sinkou Span A (one of the border of kumo) on open bar too for possible reversal from correction within primary to primary bearish on D1 timeframe.
H4 price is on bearish with breaking 1.3752 resistance on open bar for now for the bearish to be continuing.
W1 price is on bullish correction with 1.3672 as nearest support level the way to correction to be continuing within bullish market condition.
D1 price will break 1.3774 support so we may have the ranging market conditionIf D1 price will break 1.3721 support level together with Chinkou Span line to be broken with historical price so we may see the fully reversal of price movement from bullish to bearish market condition on D1 timeframe.If not so we may see the ranging market condition within primary bullish.
UPCOMING EVENTS (high/medium impacted news events which may be affected on EURUSD price movement for this coming week)
2014-05-12 18:00 GMT (or 20:00 MQ MT5 time) | [USD - Federal Budget Balance]
2014-05-13 05:30 GMT (or 07:30 MQ MT5 time) | [CNY - Industrial Production]
2014-05-13 09:00 GMT (or 11:00 MQ MT5 time) | [EUR - German ZEW Economic Sentiment]
2014-05-13 09:00 GMT (or 11:00 MQ MT5 time) | [EUR - ZEW Economic Sentiment]
2014-05-13 12:30 GMT (or 14:30 MQ MT5 time) | [USD - Retail Sales]
2014-05-14 06:00 GMT (or 08:00 MQ MT5 time) | [EUR - German Final CPI]
2014-05-14 06:45 GMT (or 08:45 MQ MT5 time) | [EUR - French CPI]
2014-05-14 12:30 GMT (or 14:30 MQ MT5 time) | [USD - PPI]
2014-05-15 05:30 GMT (or 07:30 MQ MT5 time) | [EUR - French GDP]
2014-05-15 05:30 GMT (or 07:30 MQ MT5 time) | [EUR - German GDP]
2014-05-15 09:00 GMT (or 11:00 MQ MT5 time) | [EUR - CPI]
2014-05-15 09:00 GMT (or 11:00 MQ MT5 time) | [EUR - GDP]
2014-05-15 12:30 GMT (or 14:30 MQ MT5 time) | [USD - CPI]
2014-05-15 14:00 GMT (or 16:00 MQ MT5 time) | [USD - Philly Fed Manufacturing Index]
2014-05-15 23:00 GMT (or 01:00 MQ MT5 time) | [USD - Fed Chair Yellen Speaks]
2014-05-16 06:45 GMT (or 08:45 MQ MT5 time) | [EUR - French Non-Farm Payrolls]
2014-05-16 09:00 GMT (or 11:00 MQ MT5 time) | [EUR - Trade Balance]
2014-05-12 12:30 GMT (or 14:30 MQ MT5 time) | [USD - Building Permits]
2014-05-16 13:55 GMT (or 15:55 MQ MT5 time) | [USD - UoM Consumer Sentiment]
Please note : some US (and CNY) high/medium impacted news events (incl speeches) are also affected on EURUSD price movement
SUMMARY : reversal
TREND : correction
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 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
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 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
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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.
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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 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.
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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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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
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
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.
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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.
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Percent Crosshair is a powerful and easy percentage measure tool.
Measure the chart percentage very quick! Don't waste your time anymore!
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This oscillator was developed exclusively by xCalper in 2015 based on moving averages calculations to indicate and try predicting oversold and overbought levels.
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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.
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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.
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The script creates account summary report in a separate window.
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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
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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
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.
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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.
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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
Forum on trading, automated trading systems and testing trading strategies
newdigital, 2014.05.10 08:13
newdigital, 2014.05.10 15:24
newdigital, 2014.05.11 17:13
newdigital, 2014.05.13 11:16
if actual > forecast = good for currency (for EUR in our case)
EUR - ZEW Economic Sentiment = Level of a diffusion index based on surveyed German institutional investors and analysts
EUR/USD got its ZEW, and fell down
opened the day at 1.3757, but since that time moved up by tiny steps
reaching 1.3770 right before the release, and posting 1.3746 right
after.The first catalyst of EuropeThe
pair showed timid moves higher on hopes for the stronger German data
which helped it to go above 1.3770 area just before the readings came
out. The Economic sentiment index showed downward moves from last
December when it posted multi-year high at 62. And this time the market
expected to see another decrease from 43.2 in April to 41.3. However,
the data came out at depressing 33.1 supporting the move of the pair to
1.3746 right after release, and making the market believe that Germany
has hard times with strong national currency damaging export activity.
The next target of the pair at 1.3717 support level.What are today’s key EUR/USD levels?Today's
central pivot point can be found at 1.3760, with support below at
1.3745, 1.3742 and 1.3717, with resistance above at 1.3773, 1.3788, and
1.3801. Hourly Moving Averages are bearish, with the 200SMA at 1.3862
and the daily 20EMA at 1.3832. Hourly RSI is bearish at 42.
MetaTrader Trading Platform Screenshots
EURUSD, M5, 2014.05.13
MetaQuotes Software Corp., MetaTrader 5, Demo
EURUSD M5 : 24 pips price movement by EUR - ZEW Economic Sentiment news event
newdigital, 2014.05.13 16:34
EUR/USD – Euro Weakens As German Economic Sentiment Slips
EUR/USD has softened on Tuesday, as the pair has finally broken out
from its rangebound trading. In the European session, the pair has
dipped close to the 1.37 line. The euro has reacted negatively to a
dismal German ZEW Economic Sentiment, as the key indicator dropped to a
16-month low. Eurozone Economic Sentiment followed suit with a soft
reading in April. In the US, today’s highlights are Core Retail Sales
and Retail Sales. Strong numbers would point to increased consumer
spending and could lift the dollar further against the euro.
The first Eurozone releases of the week were anything but impressive.
German ZEW Economic Sentiment, a key indicator, weakened badly in
April, dropping to 33.1 points. This was well off the estimate of 41.3
and its worst showing since December 2012. The Eurozone release followed
suit, dropping to 55.2 points, compared to an estimate of 63.5 points.
These indicators are based on a survey of institutional investors and
analysts, and the weak numbers point to increasing concern about the
Eurozone and German economies.
The ECB held its policy meeting last Thursday, and the euro took
traders and investors on a wild ride in both directions. Mario Draghi
took note of worrying inflation indicators, saying that food and energy
prices, the strong euro and weak domestic demand were all factors in
weak inflation which has engulfed the Eurozone. He then surprised the
markets by adding that the Bank would be comfortable taking action in
June, after re-examining inflation and growth forecasts in June. This is
the clearest sign in months that the ECB is prepared to take action,
and a reaction from the market was quick to follow, with the euro
suffering sharp losses after coming within a few pips of the key 1.40
line. Draghi added that the ECB would continue to monitor exchange
rates. Many analysts are of the view that the "line in the sand" for the
ECB is the 1.40 level, and if the euro rebounds and moves above this
line, it's more than likely that the ECB will take action to reign in
the high-flying currency.
There were no surprises from Federal Reserve Chair Janet Yellen last
week, who gave a cautious thumbs-up to the economic recovery in
testimony before Congress. Yellen said that the US economy has improved,
but noted two sore spots - the employment market and inflation which
remains below the Fed's target of 2%. Yellen stated that she therefore
expects that low interest rate levels will continue to stay low for a
"considerable time". Yellen has stated previously that slack remains in
the economy, and the Fed is expected to proceed carefully with future
tapers to its QE scheme. Since December, the Fed has trimmed the
asset-purchase program by almost half, cutting it to $45 billion each
Further levels in both directions:
newdigital, 2014.05.14 09:00
EUR - French CPI = Change in the price of goods and services purchased by consumers
EURUSD, M5, 2014.05.14
EURUSD M5 : 6 pips price movement by EUR - French CPI news event
newdigital, 2014.05.14 15:18
if actual > forecast = good for currency (for USD in our case)
USD PPI = Change in the price of finished goods and services sold by producers
U.S. Producer Prices Rise More Than Expected In April
Producer prices rose by much more than anticipated in the month of
April, according to a report released by the Labor Department on
Wednesday, with the increase partly due to a sharp jump in food prices.
Labor Department said its producer price index for final demand rose by
0.6 percent in April following a 0.5 percent increase in March.
Economists had been expecting producer prices to edge up by about 0.2
Core producer prices, which exclude food and energy, also
showed continued growth, climbing by 0.5 percent in April after rising
by 0.6 percent in March. Core prices had been expected to rise by 0.2
EURUSD M5 : 14 pips price movement by USD - PPI news event
newdigital, 2014.05.15 16:02
5 Things To Know About Euro-Zone GDP
There were a handful of clear messages in the raft of European
first quarter GDP data released on Thursday. By and large they were
disappointing, showing a struggle for growth across the euro zone, with
Germany providing the sole ray of light. Here’s what’s to know.
newdigital, 2014.05.15 16:48
Philly Fed Index Drops Less Than Expected In May
Activity in the Philadelphia-area manufacturing sector expanded for
the third consecutive month in May, according to a report released by
the Federal Reserve Bank of Philadelphia on Thursday, although the index
of activity in the sector fell compared to the previous month.
the Philly Fed said its diffusion index of current general activity
dipped to 15.4 in May from 16.6 in April, a positive reading still
indicates growth in the regional manufacturing sector. Economists had
expected the index to drop to a reading of 14.3.
EURUSD, M5, 2014.05.15
EURUSD M5 : 37 pips price movement by USD - Philly Fed Manufacturing Index news event