D1 price is on ranging market condition within primary bearish.
is located inside Ichimoku cloud above Sinkou Span A line which is
indicating the secondary ranging correction within primary bullish.
is ranging between 0.9238 support and 0.9286 resistance levels with primary bearish.
D1 price will break 0.9258 support level on close bar so the primary bearish will be continuing.If not so we may see ranging market condition.
UPCOMING EVENTS (high/medium impacted news events which may be affected on AUDUSD price movement for this coming week)
2014-08-11 07:15 GMT (or 09:15 MQ MT5 time) | [USD - FOMC Member Fischer Speaks]
2014-08-12 01:30 GMT (or 03:30 MQ MT5 time) | [AUD - NAB Business Confidence]
2014-08-13 00:30 GMT (or 02:30 MQ MT5 time) | [AUD - Westpac Consumer Sentiment]
2014-08-13 05:30 GMT (or 07:30 MQ MT5 time) | [CNY - Industrial Production]
2014-08-13 12:30 GMT (or 14:30 MQ MT5 time) | [USD - Retail Sales]
2014-08-14 12:30 GMT (or 14:30 MQ MT5 time) | [USD - Unemployment Claims]
2014-08-15 12:30 GMT (or 14:30 MQ MT5 time) | [USD - PPI]
SUMMARY : bearish
TREND : ranging
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
If you want something as below:
Sell FOREX trading signal. Manage multiple accounts. Follow the trading from somebody."TradeCopier_follow" and "TradeCopier_source" can help you!
Copying from one source (master) account to multiple follower (slave) accounts. Allow investor (read only) password for the source (master) account. There are no complicated settings and input parameters, everything is easy. Works with different Brokers. Works with different symbols (EURUSD_FX, e
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
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.
Followings are highlight features:
Switch between Provider or Receiver role within one tool.One provider can copy tr
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.
The supported features are as follows:
Fast Volume Moving Average Slow
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
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
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
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
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 represents an additional chart window with a lower time frame where bars are combined into groups that are equivalent in time to main chart time frame. Bars are synchronized by the right hand side of the window, i.e. the time of the last bar in the main window corresponds to the time of the last bar group in the additional window. The maximum number of groups is 16; the maximum number of bars combined into groups in the additional window is 256. Limitations on the numbers are requi
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 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.
The advantages of the strategy are the following:
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 probability.
Rampage EA is a fully automated scalping Expert Advisor based on price level breakthroughs.
The EA does NOT use hedging, martingale, grid strategies, arbitrage, etc.
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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.
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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Bullish and bearish reverse bars with angulation (including squat). Bars in the green and red zones according to the histogram color of Awesome Oscillator and Accelerator Oscillator. Bars in the grey zone, when the Awesome Oscillator and Accelerator Oscillator histograms below these bars have opposite directions. Blue squat bars on chart independent of the
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Automation of the process of placing the Sell Stop pending orders, Stop Losses and T
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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 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
If you want something as below:
Sell FOREX trading signal. Manage multiple accounts. Follow somebody's trading."TradeCopier_source" and "TradeCopier_follow" can help you!
Copying from one source (master) account to multiple follower (slave) accounts. Allow investor (read only) password for the source (master) account. There are no complicated settings and input parameters, everything is easy. Works with different Brokers. Works with different symbols (EURUSD_FX, eurusd_m
The script allows users to easily close positions if their profit/loss reaches or exceeds a value specified in pips.
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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
Main Pivots is an indicator which looks for pivots points on preset intervals (days, weeks, months, years, etc.). Then all extreme points are checked for splice and consistent support and resistance lines are formed. These lines are useful for detecting the best pivot points.
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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
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
Forum on trading, automated trading systems and testing trading strategies
newdigital, 2014.08.09 14:33
newdigital, 2014.08.11 12:00
AUDUSD for Monday, August 11, 2014 (based on seekingalpha article)
The Australian dollar is trading in a very small trading range
between 0.9270 and 0.9280 after dropping so sharply in to finish out
last week from above 0.9350 down to a two week low at 0.9240. In the
middle of last week the Australian dollar surged higher to a one week
high near 0.9375, before easing back and then falling sharply. It had
done well of late to cling onto the 0.93 level after its sharp fall last
week which saw it move from above 0.9400 down to a seven week low just
below 0.9300, and in more recent days receive solid support there too. A
couple of weeks ago it was easing back below both the 0.9425 and 0.9400
levels with the former providing some resistance. The Australian dollar
reached a three week high just shy of 0.9480 a few weeks ago after it
enjoyed a solid period which saw it surge higher through the resistance
level at 0.9425 to the three week around 0.9480, before easing back
towards that level. The Australian dollar enjoyed a solid surge higher
reaching a new eight month high above 0.95 at the end of June, only to
return most of its gains in very quick time to finish out that week.
the middle of June the Australian dollar has made repeated attempts to
break through the resistance level around 0.9425, however despite its
best efforts it was rejected every time as the key level continued to
stand tall, even though it has allowed the small excursion to above
0.95. After the Australian dollar had enjoyed a solid surge in the first
couple of weeks of June which returned it to the resistance level
around 0.9425, it then fell sharply away from this level back to a one
week low around 0.9330 before rallying higher yet again. Its recent
surge higher to the resistance level around 0.9425 was after spending a
couple of weeks at the end of May trading near and finding support at
0.9220. The 0.9220 level has repeatedly reinforced its significance as
it is again likely to support price should the Australia dollar retreat
Throughout April and into May the Australian dollar
drifted lower from resistance just below 0.95 after reaching a six month
high in that area and down to the recent key level at 0.93 before
falling lower. During this similar period the 0.93 level has become very
significant as it has provided stiff resistance for some time. The
Australian dollar appeared to be well settled around 0.93 which has
illustrated the strong resurgence it has experienced throughout this
year. For the best part of February and March the Australian dollar did
very little other than continue to trade around the 0.90 level, although
at the beginning of March it crept a little lower down to a three week
low below 0.89. Towards the end of March however, the Australian dollar
surged higher strongly moving to the resistance level at 0.93 before
consolidating for a week or so.
newdigital, 2014.08.09 15:00
AUDUSD Fundamentals (based on dailyfx article)
The Australian Dollar extended its recent declines over the past week
on the back of broad-based risk aversion and disappointing domestic
data. Heightened geopolitical turmoil sapped demand for the
high-yielding currency as traders flocked to the perceived safety of
the Yen and US Dollar. Additional pressure was put on the currency
following an unexpected jump in the local unemployment rate to a 12
Looking ahead, if we see tensions surrounding the Middle East or
Ukraine escalate, the Aussie could face further weakness in the
short-term. However, we have witnessed several flare-ups of
geopolitical tensions in recent months, which have failed to leave a
lasting impact on the currency. This suggests that if the swell settles
from the most recent storm of volatility, the currency may be afforded
some breathing room.
Consumer and business confidence figures are the only noteworthy
pieces of domestic data on the calendar over the coming week. The
leading indicators for the health of the local economy have reflected
some resilience in recent months, yet remain subdued. Another
lackluster set of readings would further reinforce the need for highly
accommodative RBA policy to remain in place.
Despite recent local data softening the Reserve Bank is likely to
retain its preference for a ‘period of stability’ for rates over the
near-term. Based on recent rhetoric from the Board it would take a
material deterioration in incoming economic indicators to re-open the
door to rate cuts. At the same time, policy tightening is likely to be
delayed. Indeed swaps-implied expectations for rates slipped back into
negative territory over the past week. This does little to raise the
carry appeal of the currency and leaves the Aussie in a precarious
Upcoming Chinese Retail Sales and Industrial Production data will also
be on the radar for Aussie traders. Incoming data from the Asian giant
has been relatively positive on balance, which has eased concerns over
a deceleration in economic growth. If the next week’s figures continue
this recent trend it could ease some of the selling pressure facing
AUDUSD is drawing closer towards the 92 US cent handle, which has
been a line in the sand for the pair since late March. If broken, it
would set the stage for a sustained decline to the
psychologically-significant 0.9000 handle. Refer to the US Dollar outlook for insights into how the USD side of the equation may influence the pair.
newdigital, 2014.08.12 10:13
if actual > forecast = good for currency (for AUD in our case)
[AUD - NAB Business Confidence] = Level of a diffusion index based on surveyed businesses, excluding the farming industry. It's a leading indicator of economic health - businesses react quickly
to market conditions, and changes in their sentiment can be an early
signal of future economic activity such as spending, hiring, and
Australia Business Confidence Climbs In July
An index measuring business
confidence in Australia touched a four-year high in July, the latest
survey from National Australia Bank revealed on Tuesday - showing a
score of +11.
That's up from +8 in June.
The index for business conditions came in with a score of +2, rising from +2 in the previous month.
the individual components of the survey, home construction, retailing,
sales, profitability and employment all showed improvement in July, the
MetaTrader Trading Platform Screenshots
AUDUSD, M5, 2014.08.12
MetaQuotes Software Corp., MetaTrader 5, Demo
AUDUSD M5 : 19 pips price movement by AUD - NAB Business Confidence news event
newdigital, 2014.08.12 15:37
AUDUSD Technical Analysis (based on dailyfx article)
The Australian Dollar has
resumed its descent in recent trading with an absence of bullish
reversal signals casting doubt on the potential for a recovery. This
sets the Aussie up for a make-or-break moment as it drifts towards its
range-bottom at 0.9210. A daily close below the nearby barrier would
pave the way for a sustained decline to the 0.8990 mark.
Test of 0.9210 To Offer Make-Or-Break Moment:
newdigital, 2014.08.13 06:21
[AUD - Westpac Consumer Sentiment] = Change in the level of a diffusion index based on surveyed consumers. Financial confidence is a leading indicator of consumer spending, which accounts for a majority of overall economic activity.
AUDUSD, M5, 2014.08.13
AUDUSD M5 : 16 pips price movement by AUD - Westpac Consumer Sentiment news event
newdigital, 2014.08.10 18:14
newdigital, 2014.08.13 15:12
[USD - Retail Sales] = Change in the total value of sales at the retail level. It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity
U.S. Retail Sales Unexpectedly Flat In July
Retail sales in the U.S. unexpectedly came in unchanged in the month
of July, according to a report released by the Commerce Department on
The Commerce Department said retail sales were
virtually unchanged in July after edging up by 0.2 percent in June.
Economists had been expecting another 0.2 percent increase.
a modest drop in auto sales, retail sales inched up by 0.1 percent in
July compared to a 0.4 percent increase in the previous month.
AUDUSD M5 : 26 pips price movement by USD - Retail Sales news event
newdigital, 2014.08.14 06:44
Structural changes in the Australian economy pose a risk for AUDUSD (based on tradingfloor article)
A chart showing the long term history of the terms of trade is shown
below. The move up in the last decade was spectacular, peaking in
2010/2011 in line with the top in commodity prices. It’s no coincidence
that AUDUSD also reached its high at 1.1080 in July 2011 and, in
sympathy with the terms of trade, has been declining ever since.
Another factor that kicked in around the same time the terms of trade
were peaking was a decline in the interest rate differential in favour
of the AUD. The global “reach for yield” after the introduction of
quantitative easing in the US, has seen the spread between Australian
and US bond yields decline from 250 to 100 basis points. Almost 70
percent of Australian government bonds outstanding are held by offshore
The RBA has kept its policy interest rate at a record low of 2.50
percent for the last year, trying to encourage the non-mining economy to
fill the gap being left by the fading resources boom. The central bank
seems unconcerned that one of the areas this is showing up is in
dwelling investment, spurred on by a strong housing market. This is
because there is little evidence of domestic inflationary pressures in
the rest of the economy and conditions in the labour market remain
subdued with low wage growth, spare capacity and an elevated
unemployment rate. This restraint on domestic costs has helped to offset
the effects of the depreciation in the exchange rate over the last
couple of years. Even so, the Consumers Price Index is up at the upper
limit of the RBA’s target range of 2 to 3 percent. However, the RBA
expects the counteracting forces of subdued domestic costs and a lower
currency will mean inflation remains consistent with its target range.
newdigital, 2014.08.14 14:23
Aussie Posts Gains as US Retail Sales Soften (adapted from marketpulse article)
Australian data has enjoyed a strong week. On Wednesday,
Westpac Consumer Sentiment climbed 0.8%, its strongest gain since
October 2012. Stronger consumer confidence often translates into
increased consumer spending, a key component for economic growth. Wage
Price Index, an important gauge of inflationary pressure, dropped to
0.6%, short of the estimate of 0.8%. Earlier in the week, NAB Business
Confidence and HPI posted strong gains.
Further levels in both directions: