D1 price is on bullish ranging between 0.9470 resistance and 0.9335 support levels.
is on correction within primary bullish trying to be reversed to the ranging bearish by the following:
UPCOMING EVENTS (high/medium impacted news events which may be affected on AUDUSD price movement for this coming week)
2014-07-28 14:00 GMT (or 16:00 MQ MT5 time) | [USD - Pending Home Sales]
2014-07-29 14:00 GMT (or 16:00 MQ MT5 time) | [USD - CB Consumer Confidence]
2014-07-30 12:30 GMT (or 14:30 MQ MT5 time) | [USD - GDP]
2014-07-29 18:00 GMT (or 20:00 MQ MT5 time) | [USD - Federal Funds Rate]
2014-07-31 01:30 GMT (or 03:30 MQ MT5 time) | [AUD - Building Approvals]
2014-07-31 12:30 GMT (or 14:30 MQ MT5 time) | [USD - Unemployment Claims]
2014-08-01 01:00 GMT (or 03:00 MQ MT5 time) | [CNY - Manufacturing PMI]
2014-08-01 01:30 GMT (or 03:30 MQ MT5 time) | [AUD - PPI]
2014-08-01 01:45 GMT (or 03:45 MQ MT5 time) | [CNY - HSBC Manufacturing PMI]
2014-08-01 12:30 GMT (or 14:30 MQ MT5 time) | [USD - Non-Farm Employment Change]
2014-08-01 14:00 GMT (or 16:00 MQ MT5 time) | [USD - ISM Manufacturing PMI]
SUMMARY : bullish
TREND : ranging
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
FourAverage: A Breakthrough in Trend Identification
With evolving information technology and increasing number of market participants, financial markets get less and less analyzable using good old indicators. Common technical analysis tools, such as Moving Average or Stochastic alone, are not capable of identifying the trend direction or reversal.
Can a single indicator show the right direction of the future price, without changing its parameters over 14 years' history, while at the same time
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 calculates the actual status of your position on FORTS market. Since your position is re-calculated after each clearing on FORTS and other futures markets, you can see the status of your position on the chart and in the "Profit" section only starting from the last re-opening (clearing). The indicator solves this issue by displaying the level of the very first deal opening, the actual profit, swaps, and commissions. The product is most useful for mid-term and long-term deals on FORT
SafeZone is a method for setting stops on the basis of recent volatility, outside the level of market noise. It is described in "Come into my Trading Room" book.
In a downtrend, SafeZone defines noise as the portion of the current bar that extends above the high of the previous bar, against the downtrend. It averages the noise level over a period of time and multiplies it by a trader-selected factor.
For short trades, it adds the average noise level, multiplied by a factor, to the latest hig
Are you a swing trader? The PZ Swing Trading is the first indicator designed to detect swings in the direction of the trend and possible reversals. The indicator studies several price and time vectors to track the aggregate trend direction and finds situations in which the market is oversold or overbought and ready to correct.
Profit for market swings without getting whipsawed The indicator displays the trend direction at all times A colored price band represents the opportunity baseline C
This software has no equals in the world and represents a universal trade "console" covering trading signals, automated market entry, setting of Stop Loss and Take Profit, as well as Trailing Profit for multiple trades at the same time in a single open window. Intuitive control of the Expert Advisor in "three clicks" ensures a comprehensive use of all its functions on different computers, including tablets PCs.
Interacting with additional signal indicators that mark the chart to give a real mar
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
TTMM – "Time To Make Money" – Time When Traders Makes Money on the Stock Exchanges
The ТТММ trade sessions indicator displays the following information:
Trade sessions: American, European, Asian and Pacific. (Note: Sessions are displayed on the previous five days and the current day only. The number of days may change depending on the holidays - they are not displayed in the terminals. The sessions are also not displayed on Saturday and Sunday).
The main trading hours of
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.
Active Lines - a powerful professional tool for operations with lines on charts. Active Lines provides a wide range of actions for events when the price crosses lines. For example: notify, open/modify/close a position, place/remove pending orders. With Active Lines you can assign several tasks to one line, for each of which you can set individual trigger conditions, as well as conditions for re-activations and the number of possible activations.
Active Lines helps you easily organize various tr
This indicator allows you to enjoy the two most popular products for analyzing request volumes and market deals at a favorable price:
Actual Depth of Market Chart Actual Tick Footprint Volume ChartThis product combines the power of both indicators and is provided as a single file.
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Trend Laser with Volt Impulse
Strategy: Confirm impulsive signals Watch Video: (Click Here)Trend Laser with Energy Beam
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
VirtualTradePad is a panel for managing main orders in МetaТrader 5: Buy, Sell, Buy Stop, Buy Limit, Sell Stop, Sell Limit, Close, Delete, Modify, Trailing Stop.
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This pane is a part of the VirtualTradePad series that took 2-nd place in the Best Graphic Panel.
A free of charge demo version - VirtualTradePad Lite.
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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.
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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.
PipTick VSA is based on the original Volume Spread Analysis method. It was designed for quick and easy recognition of VSA patterns. Even though this indicator looks very simple, it is the most sophisticated tool that we've ever made. PipTick VSA indicator is a really powerful analytical tool that generates very reliable trading signals. Because it is very user friendly and understandable, it is suitable for every type of trader, regardless of his experience.
What is VSA?
VSA - Volume Spread An
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The main purpose of the indicator is to determine and mark trade signals on the histogram of the Accelerator Oscillator, which were described by Bill Williams in his book "New Trading Dimensions". The list of signals:
The buy signal when the indicator histogram is below the zero line. The sell signal when the indicator histogram is below the zero line.The sell signal when the indicator histogram is above the zero line. The buy signal when the indicator histogram is above the zero line. The
Purpose and functions of the indicator
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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.
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Cluster analysis is now available in MetaTrader 5!
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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 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
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The indicator has standard settings. The new modification of indicator provides special marking of the segment when the moving averages begin to form a cross in one direction or another. The Alligator`s cross indicates that the trend is about to change. Modified Alligator helps traders to determine a trend on a particular timeframe even if the averages are intertwined and have a shift in the future. Direction of a trend is determined by a cross of the averages with a specified marking area on th
Forum on trading, automated trading systems and testing trading strategies
newdigital, 2014.07.26 18:19
Key Fundamental Releases this Week (7/28-8/1)
Last week the USD strengthened in anticipation of this week’s FOMC
meeting. The market has replaced concerns that stemmed from poor Q1 GDP
with USD-positive reactions to Q2 data, which have been in-line or
better than expectations. The euro was a big loser last week as data
continues to suggest the ECB might need further stimulus (QE). This week
will be full of key US fundamentals. Let’s be prepared by taking a look
at this week’s key fundamental releases for the majors.
US Pending Home Sales for June, is forecast to have contracted at
-0.2%. Pending home sales have been volatile and just came off a 6.1%
gain in May. A slide in June is not the end of the world. We had 3
straight months of gains, which is something we have not seen since
2010. On the other hand, a positive reading could be USD-positive in the
near-term, given it has not already rallied sharply before the housing
US Conference Board Consumer Confidence for July is expected to edge
up to 85.5 from 85.2. This reading would reflect the strongest reading
since January 2008. It has risen sharply since the Jan. 2013 low of 58.6
and bodes well for the USD. A reading in line with forecast or better
should keep the USD-buoyed. A reading below 85.0 might weigh slightly on
the USD, but we should keep the implications in the intra-session
German Preliminary CPI for July is forecast to be 0.2% on the month,
after a 0.3% reading in June. The annual reading in June was 1.0%. If
the annual CPI reading for Germany falls below 1.0%, we might see some
more pressure on the EUR. A ready above 1.0% on the year could help EUR
consolidate, but should not be able to help EUR reverse its recent
US ADP Non-Farm Employment Change for July is a precursor to
Friday’s Non-Farm Payroll, which was hot last month. The ADP report was
hot last month too, and came in at 281K, which was the strongest reading
since December 2011, and was the 3rd strongest reading since the
financial crisis. Economists are expecting July’s job market to have
leveled off, and to have added 234K jobs, which is still a strong
US Advanced GDP for Q2 will probably trump the jobs data in terms of
importance. Q1 GDP was -2.9% at an annualized rate. This seems distant
memory now. We can’t blame the weather anymore in the second quarter,
and manufacturing, sales, and other economic data points for Q2 have not
disappointed. Economists forecast a 3.1% advanced reading. Ability to
show 3.0% and above should help the USD maintain its recent strength. A
reading below 3.0% could be seen as disappointing, and might urge
traders to pare USD’s recent gains.
The Federal Open Market Committee will conclude its monetary
policy meeting and make a statement. It will have the GDP data to talk
about. This is important because after Q1′s dismal growth data, the Fed
showed concern about Q2 data. The market will be on top of the Fed’s
reaction to the Q2 GDP and how it may affect the rate hike time-line,
which is current projected to mid-2015.
Australian Building Approvals for June is forecast to have grown
0.2%, after a strong 9.9% reading in May.The AUD has regained some
strength after seeing Australia’s annual CPI inflation grow from 2.9%
to 3.0% in Q2. The housing data should have limited impact on the
Eurozone CPI Flash Estimate for July is forecast to be 0.5% on the
year. It has been stuck at 0.5% since May. ECB president Mario Draghi
had predicted that inflation was at the bottom when it was 0.5% in
February. So far, his prediction has neither materialized or been
invalidated because the annual CPI inflation is still 0.5%. A drop
below 0.5% will very likely weigh on the EUR because the ECB’s inaction
is based on inflation not dropping further. a drop in inflation will be
further impetus for the ECB to apply more monetary stimulus.
Eurozone’s unemployment rate is expected to stay at 11.6% for the
month of July. There is more room for disappointment because the
prevailing trend has been a steady improvement, and if the reading is
11.5% for example, it would not be such a big surprise. A reading of
11.7% however will buck the trend and provide the ECB with more reason
to loosen monetary policy further.
Canadian GDP for the month of May is forecast to be 0.3%, which
would be the strongest month since January when it was 0.5%. The
monthly GDP was 0.1% for April and March. There has not been any
negative readings so far this year. If we can keep that up, the CAD
should maintain its recent strength (though it consolidated for a couple
of weeks). A negative reading might be needed to hold CAD back and
keep it in consolidation or bearish correction. A reading above 0.5%
can definitely revive CAD-strength.
US Jobless claims was at a 10-year low this week, at 284K. Next
week’s reading is expected to rise back to 306K which would still be at
the lower range of 2014-data. A reading below 300K should be positive
for the USD in the near-term. A reading above 320K might be needed to
hold USD, but only in the intra-session time-frame. This assessment is
assuming that the FOMC did not shake things up and put the USD in a
medium term bearish outlook. We are assuming the USD continues to be
Chinese Manufacturing PMI for July provided by the government, is
expected to improve to 51.4 from 51.0. This would reflect 5 straight
months of steady improvement in manufacturing, and also reflects the
quick recovery after we saw Chinese data slump in 2013. The final
version of HSBC’s Chinese Manufacturing PMI is expected to be 52.0,
which would also reflect the recovery in China’s economy.
Australia’s Producer Price Index is forecast to show inflation of
0.7% in Q2, down from 0.9% in Q1. Q1 PPI inflation compared to Q1 2013
was 2.5%. If this reading increases, we might see some AUD-strength,
and if it declines we should see AUD consolidate. It is still too early
to anticipate any economic data point to be able to put AUD into
reversal, into a bearish market.
UK Manufacturing PMI for July is forecast to be 57.2, slightly
lower than the 57.5 reading in June. This is a second tier data point
and shouldn’t have much impact on the GDP other than in the very
near-term. The market is focused on whether the Bank of England can
raise rates in 2014. Right now lack of wage growth is the concern, so
even a strong improvement in manufacturing will not ease that concern,
nor should a singular worse-than-expected reading add to that concern.
US Non-Farm Payroll report for July will be the key data point to
wrap up the week. The 288K reading for June revived USD strength.
Economists expect about a 230K reading, which is still decent. A
reading above 200K is decent, and if it is above 250K, the Fed should
have more reason to raise rates earlier than mid-2015 rather than
after. A reading below 200K however might bring USD back into at least
some short-term consolidation, especially if it has been gaining
throughout the week.
newdigital, 2014.07.27 09:50
newdigital, 2014.07.27 09:54
AUDUSD Fundamentals (based on dailyfx article)
The Australian Dollar is set for a relatively flat finish after a
turbulent week that yielded plenty of intraday volatility. An upside
surprise to the Australian second quarter core CPI reading, and rise in
headline inflation to the top of the RBA’s 2 to 3 percent target band,
sent the currency soaring above the 94 US cent handle. Additional
strength for the Aussie was found on the back of a bumper China PMI
print, as well as an absence of ‘jawboning’ in a speech from RBA
Governor Glenn Stevens. Ultimately, most of the gains proved
short-lived, which may have reflected some hesitation from traders to
push the currency into a region of noteworthy technical resistance.
Looking to the week ahead; Building Approvals and the Performance of
Manufacturing Index figures represent the only medium-tier domestic
economic data on the calendar. However, the leading indicators for the
health of the local economy may do little to materially shift the rate
outlook, meaning any reaction from the AUD may fail to find
follow-through. Similarly, the Chinese manufacturing figures (also on
tap) could generate another round of knee-jerk volatility on a surprise
reading, yet likely hold do not hold the requisite power to leave a
lasting impact on the currency.
Indeed, Stevens’ recent address reinforced the prospect of a ‘period
of stability’ for the cash rate over the near-term. At this stage it
appears unlikely the RBA will change its stance while it attempts to
foster a rebalancing of the domestic economy.
Implied volatility remains near multi-year lows, suggesting traders
continue to price in a relatively small probability of a major economic
crisis occurring in the near-term. Traders are seemingly looking past
the latest flare-up in geopolitical tensions and have returned to the
hunt for yield.
Formed bearish butterfly pattern for AUDUSD H2:
newdigital, 2014.07.27 17:31
mazennafee, 2014.07.28 11:45
H4 Time Frame
Bullish White Swan
Bullish Divergence (RSI)
newdigital, 2014.07.28 15:21
Technical Setups For AUD/USD - Credit Suisse (based on fxstreet article)
AUD/USD: Price support at .9380 ideally holds to keep the immediate risk higher.
AUDUSD has staged a reversal lower, but while still holding above
.9380, the immediate risk can stay higher for a move back to the .9472
recent high. Above here can then see a challenge of the 2014 high at
.9506 where we would expect to find a ceiling. However, a direct
extension of strength can see a move towards the 38.2% retracement of
the decline from 2011/2014 at .9584, with better sellers expected here.
Immediate support shows at .9380. A break below here is needed to ease the immediate upside bias, for weakness back to .9322/18.
MetaTrader Trading Platform Screenshots
AUDUSD, H4, 2014.07.28
MetaQuotes Software Corp., MetaTrader 5, Demo
newdigital, 2014.07.28 16:09
AUDUSD – Stable Ahead of US Housing Data (based on marketpulse article)
The Australian dollar often takes its riders on roller coaster rides,
but AUD/USD has been unusually subdued, with little movement since
early June. Strong US numbers have not translated into gains for the US
dollar, as the Aussie continues to trade at high levels and the
occasional jab buy the RBA that the Aussie is overvalued has failed to
push the currency to lower levels. This week's key events out of
Australia are Building Approvals and PPI, and unexpected readings could
shake up AUD/USD.
The US ended the week on a high note, courtesy of strong data from
the manufacturing sector. Core Durable Goods Orders jumped 0.8%, beating
the estimate of 0.6%, and rebounding nicely from a decline of 0.1% in
May. Durable Goods Orders followed suit, posting a gain of 0.7%,
compared to a weak reading of -1.0% last month. This easily surpassed
the estimate of 0.4%. Unemployment Claims tumbled last week, as the key
indicator fell to 284 thousand, its lowest level since February 2008.
This surprised the markets, which had expected a reading of 310
thousand. The strong release continues a string of solid employment
data, which has helped the dollar. As well, positive news on the
employment front is bound to increase speculation about a rate increase
by the Federal Reserve.
Further levels in both directions: