D1 price is located inside Ichimoku cloud/kumo for ranging bearish market condition trying to break 0.8536 support level for the bearish to be continuing.
H4 price is on bearish ranging between 0.8530 support and 0.8577 resistance levels.
D1 price will break 0.8536 support so the primary bearish will be continuing.If not so we may see the ranging market condition within primary bearish.
UPCOMING EVENTS (high/medium impacted news events which may be affected on NZDUSD price movement for this coming week)
2014-05-25 22:45 GMT (or 00:45 MQ MT5 time) | [NZD - Trade Balance]
2014-05-27 12:30 GMT (or 14:30 MQ MT5 time) | [USD - Durable Goods Orders]
2014-05-27 14:00 GMT (or 16:00 MQ MT5 time) | [USD - Consumer Confidence]
2014-05-28 01:00 GMT (or 03:00 MQ MT5 time) | [NZD - ANZ Business Confidence]
2014-05-29 12:30 GMT (or 14:30 MQ MT5 time) | [USD - GDP]
2014-05-29 14:00 GMT (or 16:00 MQ MT5 time) | [USD - Pending Home Sales]
2014-05-29 22:45 GMT (or 00:45 MQ MT5 time) | [NZD - Building Consents]
2014-05-30 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 NZDUSD price movement
SUMMARY : bearish
TREND : ranging
Averager is intended for averaging your deals that has had a drawdown or had gone against the trend.
An example of operation of the averager in an Exeprt Advisor in the MetaTrader 5 terminal: Exp - TickSniper. The system is identical to the averaging system created for MetaTrader 4. A demo version of the averager for MetaTrader 5: Averager DEMO.Note: this is not an automated trading system (the EA doesn't work in the strategy tester). It monitors your deals and averages them in case o
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
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.
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Virtual TrailingStop is an Expert Advisor that manages trailing stop without sending its information to the broker server.
EnableVirtualTrailingStop: enable or disable whole function VirtualTrailingStop: the pip use for determine how far the Virtual Trailing Stop will placed calculated from current price StartFromBreakEven: true/false. If true, Virtual Trailing Stop will placed after breakeven BreakEvenPoint: point profit from order open price where the Virtual T
Easy Order is an Expert Advisor allowing you to enter any type of trade with one click based on your RISK preferences.
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The script is intended for automatic placing of Sell Stop pending orders, Stop Losses and Take Profits on the user specified levels. This script is not that useful as "Virtual pending buy stop", since short positions are opened as Bid price crosses the levels. Thus spread widening is not dangerous. Nevertheless, you need to have this script to prevent unwanted hitting of the Stop Loss levels.
Automation of the process of placing the Sell Stop pending orders, Stop Losses and T
The 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.
CandleTimer is an indicator that can be usable for scalper and short-term traders. It shows the following useful information:
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The Heiken Ashi indicator drawn using a tick chart. It draws synthetic candlesticks that contain a definite number of ticks.
option prices - price option. It can be Bid, Ask or (Ask+Bid)/2. the number of ticks to identify Bar - number of ticks that form candlesticks. price levels count - number of displayed price levels (no levels are displayed if set to 0 or a lower value). calculated bar - number of bars on the chart.Buffer indexes: 0 - OPEN, 1 - HIGH, 2 - LOW, 3 - CLOSE.
The indicator displays economic news on the currency chart (the appropriate data must be downloaded from the Internet - please see the download instructions on the screenshots provided). The list of currencies (countries) is customizable. By default it shows all currencies. The main parameters come with a built-in description. In addition, there are parameters for advanced users. News items are divided into 3 categories by degree of importance. There is a great flexibility in display parameter s
The indicator determines the inside bar and marks its High/Low. It is plotted based on the closed candles (does not redraw). The identified inside bar can be displayed on the smaller periods. You may set a higher period (to search for the inside bar) and analyze on a smaller one. Also you can see the levels for Mother bar.
Period to find Inside Bar — the period to search for the inside bar. If a specific period is set, the search will be performed in that period. Al
The fractal analysis of the markets is used in the indicator operation algorithm. According to the fractals theory, after the breakthrough of the fractal level confirmed by the closing price located below or above the fractal, the trend wave in the direction of the breakthrough starts to develop. Until the fractal has been passed in the opposite direction, the trend is considered to be acting even if the price is flat or moves backwards. If a bullish fractal has been previously broken through on
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
Auto Trade Copier is designed to copy trades between multi MetaTrader 5 accounts/terminals with 100% accuracy.
With this tool, you can act as either a provider (source) or a receiver (destination). All trading actions will be copied from the provider to the receiver with no delay.
Note: Demo version for testing can be downloaded at: https://www.mql5.com/en/market/product/5006.
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Switch between Provider or Receiver role within one tool.One provider can copy tr
MACD All MAs-14 is a MACD indicator that allows choosing usual parameters of the standard MACD (constructed from EMA) as well as the type of the moving average to be applied: up to 14 different types.
You can select 9 standard MAs available in MetaTrader 5 - SMA, EMA, SMMA, LWMA, DEMA, TEMA, Frama, VIDYA, AMA, TRIX, and 4 non-standard - LRMA, HMA, JMA, AFIRMA.
Method MA - select the type of moving average to be displayed in the current graph. Period slow MA - the number
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
MetaCOT 2 is a set of indicators and specialized utilities for the analysis of the U.S. Commodity Futures Trading Commission reports. Thanks to the reports issued by the Commission, it is possible to analyze the size and direction of the positions of the major market participants, which brings the long-term price prediction accuracy to a new higher-quality level, inaccessible to most traders.
These indicators, related to the fundamental analysis, can also be used as an effective long-term filte
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
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
COSMOS4U Volume indicator facilitates your trade decisions. It gives confirmation of the running movement and market trends. It highlights current and past accumulation and distribution volumes, comparing them to moving average volume and the highest volume. In addition, it identifies and marks nuances as well as convergence and divergence patterns of bears and bulls in order to provide the market trend and price ranges.
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Fast Volume Moving Average Slow
Market Profile defines a number of day types that can help the trader to determine market behaviour. A key feature is the Value Area, representing the range of price action where 70% of trading took place. Understanding the Value Area can give traders valuable insight into market direction and establish the higher odds trade. It is an excellent addition to any system you may be using.
Blahtech Limited presents their Market Profile indicator for the MetaTrader community. Inspired by Jim Dalton’s
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
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
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
Ichimoku Kinko Hyo is a purpose-built trend trading charting system that has been successfully used in nearly every tradable market. It is unique in many ways, but its primary strength is its use of multiple data points to give the trader a deeper, more comprehensive view into price action. This deeper view, and the fact that Ichimoku is a very visual system, enables the trader to quickly discern and filter "at a glance" the low-probability trading setups from those of higher proba
DeltaVolumeDistribution indicator can be considered as the fusion of the DeltaVolume and TradeSizeDistribution indicators.
This indicator, inspired by the MarketDelta-family charts, computes the net difference between trades occurring at bid and at ask, while trades occurring between bid and ask quotes are not computed. The indicator plots the resulting DeltaVolume as a unique distribution plot.
With the DeltaVolumeDistribution indicator you will actually be able to see the order flow entering
Trade Copier Pro is a powerful tool to copy trade remotely between multiple accounts at different locations over internet. This is an ideal solution for signal provider, who want to share his trade with the others globally on his own rules. One provider can copy trades to multiple receivers and one receiver can get trade from multiple providers as well. The provider can even set the subscription expiry for each receiver, so that receiver will not be able to receive the signal after that
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.
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
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
Forum on trading, automated trading systems and testing trading strategies
newdigital, 2014.05.24 10:57
newdigital, 2014.05.24 17:00
newdigital, 2014.05.25 15:15
newdigital, 2014.05.28 06:21
NZD/USD Technical Analysis – Focus Remain on 0.85 Figure
The New Zealand Dollar declined against its US counterpart as expected
after prices formed a Bearish Engulfing candlestick pattern. A break
below rising trend line set from late March has exposed the 0.8500-13
area, marked by the 38.2% Fibonacci retracement and the October 22
close. A further push below that aims for the 50% level at 0.8415. The
trend line – now at 0.8562 – has been recast as resistance, with a turn
back above that eyeing the 23.6% Fib at 0.8607.
The 0.85 figure has acted as formidable horizontal
support over the past two months and we will opt to wait for that level
to be broken as a signal of downside conviction before entering short.
In the meantime, we remain flat.
newdigital, 2014.05.28 07:28
if actual > forecast = good for currency (for NZD in our case)
NZD - ANZ Business Confidence = Level of a diffusion index based on surveyed manufacturers, builders, retailers, agricultural firms, and service providers
New Zealand Business Confidence Continues To Fall In May
New Zealand business
confidence eased in May although the outlook on general business
prospects remained positive, results of a survey by ANZ Bank showed
The balance of business confidence slipped 11 points
from the previous month's score to 53.5 in May. This is also 17 points
below February's peak.
The slide in confidence can be attributed
to higher interest rates, fall in commodity prices, high NZ dollar and
leveled out house prices, the survey showed. However, though confidence
in all sub-sectors eased in May, the levels of confidence remained well
Activity expectations of firms regarding their own
business fell to 53 points from 51 points in April, still remaining
close to double the long-term average. Expected profitability fell for
the third consecutive month, but at 31, the situation still augurs well
for investment and employment.
Thirty percent of businesses are
expected to hire more staff over the year, the same score as in the
previous month. Investment intentions, though remaining higher than
average, fell to 23 in May from 30 in April. Export intentions dropped
to 25, leveling with October 2013.
construction activity is expected to rise by 63 percent and
construction activity by 59 percent, with the confidence indices rising
to 63.2 and 58.8, respectively, in May.
The survey showed that the composite growth indicator signals a potential 5.7 percent growth in economy.
MetaTrader Trading Platform Screenshots
NZDUSD, M5, 2014.05.28
MetaQuotes Software Corp., MetaTrader 5, Demo
NZDUSD M5 : 24 pips price movement by NZD - ANZ Business Confidence news event
newdigital, 2014.05.28 15:32
2014-05-28 12:55 GMT (or 14:55 MQ MT5 time) | [USD - Redbook index]
if actual > forecast = good for currency (for USD in our case)
USD - Redbook index = The Johnson Redbook Index, released by Redbook Research Inc.,
is a sales-weighted of year-over-year same-store sales growth in a
sample of large US general merchandise retailers representing about
9.000 stores. By dollar value, the index represents over 80% of the
equivalent "official" retail sales series collected and published by the
US Department of Commerce.
NZDUSD M5 : 10 pips price movement by USD - Redbook index news event
NZD/ USD technically bullish. Multiple analysis wise bullish. Here is a hourly chart. I am 7 years of experienced. Target profit : 0.8611
Both of Fundamental and Technical analysis wise bullish. Price will up. Because of technically oversold and bullish . Also, older and future NZD fundanetal is very good.And NZD current rate about 3.00%. Average of nzd is very strong at the moment.
newdigital, 2014.05.29 20:49
NZD/USD tumbles to 0.8450
The NZD/USD broke
broke below 0.8470 and fell quickly to 0.8450 reaching the lowest price
since March 12. The Kiwi is falling sharply across the board. After
bottoming the NZD/USD rebounded slightly and currently trades at
0.8468, down 0.29% for the day so far. The pair is falling for the
second day in a row, accumulating a decline of a hundred pips. NZD/USD technical outlookThe
pair weakened earlier after being unable to hold above 0.8700 and
accelerated to the downside after breaking short term support levels.
Now headed toward the second daily close in a row below 0.8500, the
outlook remains bearish.
newdigital, 2014.05.30 06:26
[NZD - Building Consents] = Change in the number of new building approvals issued
New Zealand Building Permits Rise 1.5%
The total number of building permits issued in New Zealand was up a
seasonally adjusted 1.5 percent on month in April, Statistics New
Zealand said on Friday - standing at 2,082.
That beat forecasts for a decline of 3.5 percent following the 8.3 percent jump in March.
Excluding apartments, the number of permits dropped 5.2 percent to 1,650.
unadjusted value of building work consented in April was NZ$1.140
billion. This consisted of NZ$739 million of residential work and NZ$401
million of non-residential work.
NZDUSD, M5, 2014.05.30
NZDUSD M5 : 11 pips price movement by NZD - Building Consents news event
newdigital, 2014.05.30 14:52
2014-05-30 12:30 GMT (or 14:00 MQ MT5 time) | [USD - Personal Consumption Expenditure]
[USD - Personal Consumption Expenditure] = Change in the price of goods and services purchased by consumers, excluding food and energy
U.S. Personal Spending Shows Unexpected Decrease In April
While the Commerce Department released a report on Friday showing
that U.S. personal income rose in line with economist estimates in the
month of April, the report also showed an unexpected drop in personal
spending for the month.
The report showed that personal income
rose by 0.3 percent in April following a 0.5 percent increase in March.
The increase marked the fourth straight month of growth and matched
On the other hand, the Commerce Department said
personal spending edged down by 0.1 percent in April after surging up by
1.0 percent in March. The modest decrease surprised economists, who had
expected spending to rise by 0.2 percent.
NZDUSD M5 : 5 pips price movement by USD - Personal Consumption Expenditure news event