D1 price: Chinkou Span line of Ichimoku indicator crossed historical price from above to below on open D1 bar for possible breakdown of the price movement in the near future. If this breakdown will be continuing and price will break 0.8603 support level on close D1 bar so we may see good price movement together with secondary ranging market condition: D1 price will be inside Ichimoku cloud/kumo.
H4 price: Chinkou Span line of Ichimoku indicator crossed historical price from above to below on open H4 bar for possible breakdown within primary bearish market condition for H4. This Ichimoku signal (Chinkou Span breakdown together with the price below kumo) is very strong signal for possible downtrend, and this situation may be validated if H4 bar will close with same signals on previous close H4 bar.
W1 price: flat within primary bullish.If
D1 price will break 0.8603 support so correction will be continuing with good possibility to reversal to bearish market condition.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 NZDUSD price movement for this coming week)
2014-05-18 22:45 GMT (or 00:45 MQ MT5 time) | [NZD - PPI]
2014-05-20 22:45 GMT (or 00:45 MQ MT5 time) | [NZD - Visitor Arrivals]
2014-05-21 15:30 GMT (or 17:30 MQ MT5 time) | [USD - Fed Chair Yellen Speech]
2014-05-21 18:00 GMT (or 20:00 MQ MT5 time) | [USD - FOMC Meeting Minutes]
2014-05-22 01:45 GMT (or 03:45 MQ MT5 time) | [CNY - HSBC Manufacturing PMI]
2014-05-22 03:00 GMT (or 05:00 MQ MT5 time) | [NZD - Inflation Expectations]
2014-05-22 14:00 GMT (or 16:00 MQ MT5 time) | [USD - Existing Home Sales]
2014-05-23 14:00 GMT (or 16:00 MQ MT5 time) | [USD - New Home Sales]
Please note : some US (and CNY) high/medium impacted news events (incl speeches) are also affected on NZDUSD price movement
SUMMARY : bullish
TREND : correction
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
Pipfinite creates unique, high quality and affordable trading tools.
Our tools may or may not work for you, so we strongly suggest to try the Demo Version for MT4 first. Please test the indicator prior to purchasing to determine if it works for you.
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Exit Signals are NOT to be used in entering a trade!
Exit means closing your trades to avoid correction/reversal which can wipe out existing
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
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
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* 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 Expert Advisor uses the strategy of trading the Fibonacci levels. As the basis for placing a grid, the EA uses the ZigZag indicator (included in the standard MetaTrader delivery).
First, the EA determines the trend direction. To do that, according to the Dow theory, it uses the last two Highs and last two Lows of the ZigZag.
If the last High is higher than the previous and the last Low is higher than the previous, the EA considers the trend to be ascending. If the last High is lower
The 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
The economic calendar is made in the form of an Expert Advisor that downloads the data from one of the most popular Forex sites (forexfactory.com/calendar.php). The data is presented in two ways. The first (primary) is represented as icons with detailed information about the event. The second is displayed as a line with a news description. Economic Calendar downloads published news in real mode with the possibility to adjust the spacing of data validation and user-friendly customizable graphical
The 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 indicator calculates the quantum frequencies using the current market data. The quantum frequencies are used in Spectrum analysis of automated trading systems to create quantum filters for selecting signals, i.e. skipping trades that are likely to be unprofitable.
How It Works
It analyses the trade results of automated trading system for each frequency (512 frequencies are used). Calculation of the frequency response to search for "profitable" and "unprofitable" f
The 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
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 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
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
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
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 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
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
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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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
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VirtualTradePad won 2nd prize in the "Best Control Panel in the MQL5 Language" Contest.
The panel consists of 5 tabs.
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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
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
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 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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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
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 allows users to easily close positions if their profit/loss reaches or exceeds a value specified in pips.
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Forum on trading, automated trading systems and testing trading strategies
newdigital, 2014.05.19 05:35
2014-05-18 22:45 GMT (or 00:45 MQ MT5 time) | [NZD - PPI Input]
if actual > forecast = good for currency (for NZD in our case)
NZD PPI Input = Change in the price of goods and raw materials purchased by manufacturers
Output producer prices in New Zealand climbed 0.9 percent on quarter in the first quarter of 2014, Statistics New Zealand said on Monday.The output PPI - prices received by New Zealand producers - topped forecasts for an increase of 0.7 percent following the 0.4 percent contraction in the fourth quarter.Input prices - prices of goods and services used by New Zealand producers - climbed 1.0 percent on quarter, topping expectations for 0.4 percent after shedding 0.7 percent in the three months prior."The higher prices for electricity generation contributed to both the higher input and output PPIs in the latest quarter," prices manager Chris Pike said. "This often happens in March quarters, due to spot-market conditions and low lake levels."The output electricity and gas supply price index rose 14 percent, which contributed more than half of the rise in the output PPI. The input electricity and gas supply price index (up 20 percent) contributed nearly three-quarters of the rise in the input PPI.Higher prices for raw milk resulted in an increase in prices received by dairy cattle farmers (up 4.0 percent), and an increase in input prices paid by dairy product manufacturers (up 3.1 percent) in the latest quarter.On a yearly basis, producer rice outputs climbed 4.0 percent after gaining 3.8 percent in Q1, while inputs added 3.1 percent after rising 2.8 percent in the previous three months.On a yearly basis, the output electricity and gas supply price index rose 2.8 percent, while inputs rose 0.7 percent.The prices received by the dairy cattle farming industry surged 47 percent, and the prices paid by the dairy product manufacturing industry spiked 39 percent.Also on Monday, the bureau said that capital goods prices in New Zealand were up 0.6 percent on quarter in Q1.The major upward contributions to the capital goods price index came from the residential buildings price index (up 1.1 percent), and the non-residential buildings price index (up 0.8 percent).The gains were offset by a decrease in the price index for transport equipment (down 0.4 percent). The appreciating New Zealand dollar against most key currencies also influenced this price change.On a yearly basis, the CGPI rose 2.1 percent. The increases for residential buildings (up 4.6 percent) and non-residential buildings (up 3.5 percent) were the highest since 2008, the bureau noted.Finally, the Performance of Services Index came in with a score of 58.9 in April, up from the upwardly revised 58.5 in March (originally 58.3) - and accelerating above the line of 50 that separates expansion from contraction.
MetaTrader Trading Platform Screenshots
NZDUSD, M5, 2014.05.19
MetaQuotes Software Corp., MetaTrader 5, Demo
NZDUSD M5 : ~ 0 pips price movement by NZD - PPI news event
newdigital, 2014.05.17 11:16
newdigital, 2014.05.17 18:11
newdigital, 2014.05.18 15:29
newdigital, 2014.05.22 10:08
if actual > forecast = good for currency (for CNY in our case)
CNY - HSBC Manufacturing PMI = Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry
China Manufacturing PMI Jumps To 49.7 - HSBC
An index monitoring manufacturing activity in China came in with a
score of 49.7 in May, the latest flash estimate from HSBC and Markit
Economics revealed on Thursday.
That topped forecasts for a score
of 48.3 and was up sharply from 48.1 in April - and while it does remain
below the line of 50 that separates expansion from contraction, the May
reading represents a five-month high.
"The improvement was
broad-based with both new orders and new export orders back in
expansionary territory. Disinflationary pressures also eased over the
month and output prices increased for the first time since November
2013," said HSBC Chief Economist, China & Co- Head of Asian Economic
Research Hongbin Qu.
Among the individual components of the
survey, the index for manufacturing output came in at 50.3 - up from
47.9 in April to a four-month high.
The index for new orders swung
to expansion from contraction a month earlier - as did new export
orders, output prices, stocks of purchases and quantity of purchases.
of work continued to contract, but at a slower pace - as did input
prices. The employment index declined at a faster pace, while stocks of
finished goods turned to contraction after expanding last month.
Suppliers' delivery times lengthened in May after showing no change in the previous month.
employment index fell further to 47.3, which implies that this month's
uptick in sentiment has not yet filtered through to the labor market.
Some tentative signs of stabilization are emerging, partly as a result
of the recent mini-stimulus measures and lower borrowing costs. But
downside risks to growth remain, particularly as the property market
continues to cool. We think more policy easing is needed to put a floor
under growth in the coming months," Hongbin said.
NZDUSD, M5, 2014.05.22
NZDUSD M5 : 30 pips price movement by CNY - HSBC Manufacturing PMI news event
Something Interesting in Financial Video May 2014
newdigital, 2014.05.22 20:15
The AB=CD Pattern - Harmonic Ratios and Explanation
Alternative AB=CD Pattern
newdigital, 2014.05.23 18:35
The Crab Pattern - Harmonic Ratios and Explanation :
The Deep Crab Pattern - Harmonic Ratios and Explanation :
The charts were made by using free HWAFM tool for Metatrader 5