D1 price is on primary bearish with secondary market rally:
is on primary bearish with ranging between 1131.93 support and 1255.10 resistance levels.
MN price is on bearish market condition for trying to break 1161.17 support for the bearish to be continuing.
If D1 price will break 1204.43 resistance level so the secondary rally within primary bearish will be continuingIf D1 price will break 1146.10 support level so the primary bearish will be continuingIf not so we may see the ranging within bearish market condition.
UPCOMING EVENTS (high/medium impacted news events which may be affected on XAUUSD price movement for this coming week)
2014-11-24 14:45 GMT (or 16:45 MQ MT5 time) | [USD - Services PMI]
2014-11-25 13:30 GMT (or 15:30 MQ MT5 time) | [USD - GDP]
2014-11-26 09:30 GMT (or 11:30 MQ MT5 time) | [GBP - GDP]
2014-11-26 13:30 GMT (or 15:30 MQ MT5 time) | [USD - Unemployment Claims]
2014-11-28 10:00 GMT (or 12:00 MQ MT5 time) | [EUR - Unemployment Rate]
2014-11-28 10:00 GMT (or 12:00 MQ MT5 time) | [EUR - CPI Flash Estimate]
SUMMARY : bearish
TREND : ranging
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
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
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
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
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
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 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
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 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
VirtualTradePad - is a contol panel for working with orders in МetaТrader 5 : buy, sell, buystop, buylimit, sellstop, selllimit, close, delete, modify, tralling stop.
VirtualTradePad won 2nd prize in the "Best Control Panel in the MQL5 Language" Contest.
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
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.
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
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
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
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 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 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.
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
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
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.
It draws a vertical line through the first bar the calculation starts from. This line allows you to see the probable starting point of the wave sequence along with a sufficient number of bars displayed in the chart. It also makes t
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
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
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.
Prime Scalper EA is uses the strategy based on the breakdown of the most optimize support and resistance levels. Is optimized using real ticks with 99.90% model quality. Uses fixed stop loss and trailing stop of profitable trades in its operation.
This EA works on EURUSD with M30 time-frame. Fully automated trading 24/5. No need in a large initial deposit. No Martingale, No Grid. Always uses Stop Loss to protect capital. Position trailing stop is used. Both
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
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
IShift Lite is a lite version of IShift, and it doesn't include the tick chart.
IShift Lite allows:
perform trade operations directly from the depth of market with a "single touch"; automatically place Stop Loss and Take Profit; move position to breakeven; move Stop Loss along the price; automatically calculate the volume of an order depending on a fixed risk level or a fixed margin level.The program includes a visual help system.
Note: the demonstration version downloaded via the "Demo
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
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
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, 2014.11.22 15:17
newdigital, 2014.11.23 17:44
Gold / Silver / Copper futures - weekly outlook: November 24 - 28 (based on investing article)
Gold prices rallied to a three-week high on Friday, after China’s
central bank unexpectedly cut interest rates for the first time in more
than two years.
On the Comex division of the New York Mercantile Exchange, gold futures
for December delivery rose to a session high of $1,207.60 a troy ounce,
the most since October 30, before settling at $1,197.70 by close of
trade, up $6.80, or 0.57%.
On the week, gold prices rose $12.10, or 1.01%, the second consecutive weekly gain.
Futures were likely to find support at $1,173.90, the low from November
19, and resistance at $1,216.50, the high from October 30.
Gold prices rose on news that the People's Bank of China cut its
benchmark one-year deposit rate by 25 basis points to 2.75% and trimmed
its one-year lending rate by 40 basis points to 5.6%.
The move came in response to recent signs of a slowdown in the world’s second-largest economy.
Gold can benefit from such an environment of easy money because of
expectations that ample liquidity would put a damper on the value of
Meanwhile, European Central Bank President Mario Draghi reiterated on
Friday that the central bank is ready to expand its stimulus program to
raise inflation and inflation expectations as quickly as possible.
Draghi also warned about weak growth in the euro zone, saying that no improvements are expected in the coming months.
The ECB's current stimulus program includes purchases of asset-backed
securities and covered bonds, though markets are keeping a close eye out
for plans to announce purchases of government debt, a stimulus tool
known as quantitative easing.
Expectations of monetary stimulus tend to benefit gold, as the metal is seen as a safe store of value and inflation hedge.
Despite Friday's upbeat performance, gold prices are likely to remain
vulnerable in the near-term amid indications a strengthening U.S.
economic recovery will force the Federal Reserve to start raising
interest rates sooner and faster than previously thought.
In the week ahead, the U.S. is to release a string of economic reports
on Wednesday due to Thursday’s Thanksgiving holiday, including a look at
unemployment claims and durable goods orders.
Data from the Commodities Futures Trading Commission released Friday
showed that hedge funds and money managers significantly increased their
bullish bets in gold futures in the week ending November 18.
Net longs totaled 60,307 contracts, up 35.7% from net longs of 38,763 in the preceding week.
Also on the Comex, silver futures for December delivery climbed 25.8
cents, or 1.6%, on Friday to settle the week at $16.39 a troy ounce by
close of trade.
Prices hit a daily peak of $16.60 an ounce earlier Friday, the highest level since October 30.
The December silver futures contract tacked on 8.0 cents, or 0.48%, on the week, the second straight weekly advance.
According to the CFTC, net silver longs totaled 745 contracts as of last
week, compared to net shorts of 1,983 contracts in the preceding week.
Elsewhere in metals trading, copper for December delivery inched up 1.2
cents, or 0.4%, on Friday to settle at $3.031 a pound by a close of
Prices rallied to a session high of $3.077 earlier in the day, before
paring gains towards the end of the session, as traders weighed whether a
surprise rate cut in China would translate into an increase in demand
for the industrial metal.
The Asian nation is the world’s largest copper consumer, accounting for almost 40% of world consumption last year.
Despite Friday's gains, Comex copper prices shed 1.5 cents, or 0.49%, on
the week, amid ongoing concerns over the health of the global economy.
Copper is sensitive to the economic growth outlook because of its widespread uses across industries.
According to the CFTC, net copper shorts totaled 1,304 contracts as of
last week, compared to net shorts of 1,664 contracts in the preceding
newdigital, 2014.11.25 09:04
Precious Metals Exposed To Greenback Gains On Top-Tier US Data (adapted from dailyfx article)
Crude oil witnessed a rocky start to the week with the WTI
benchmark off by 1.28% for the session. Global supply glut concerns
were fanned by reports that several OPEC members would be excluded from
production cuts. This comes ahead of a scheduled meeting amongst the
petroleum producers later this week. While negative supply side cues
remain, the crude benchmarks could continue to remain under pressure.
Meanwhile the precious metals witnessed a mixed session as their US Dollar
counterpart drifted sideways amid a void of major US data. Looking to
the session ahead, the greenback may take some guidance from revised Q3 GDP and Consumer Confidence
figures. Given the generally positive sentiment towards the USD at
present, it would likely take a material downside surprise to turn the
tide against the reserve currency. This in turn could leave gold and silver exposed.Gold remains at a crossroads as trend indicators
warn of building upside momentum (20 SMA and ROC). Yet it is still
capped below key resistance at 1,208 (also the 61.8% Fib.). This leaves a
clearer setup desired to offer a more concrete technical bias.
newdigital, 2014.11.26 06:11
Gold prices may surge if Swiss vote on reserves passes (adapted from usatoday article)
Global gold prices may surge in the coming week if Swiss voters
approve a controversial measure that would force their country's central
bank to keep at least a fifth of its assets in gold.
If the referendum Sunday passes and the Swiss government is forced to start beefing up its reserves, the price of gold could jump to more than $1,350 an ounce — an increase of 18%, Bank of America predicts.
by the right-wing Swiss People's Party, the so-called Save Our Gold law
would compel the Swiss National Bank, the country's central bank, to
increase its gold reserves from the current 7.7% to 20% within five
To do that would require repatriating Switzerland's gold
stored abroad and also buying approximately 1,500 tons of gold bullion
at prices that have quadrupled since Switzerland began selling off its reserves in 2000.
The law would also forbid any future sales of Swiss gold.
Switzerland, with 1,040 tons, is the world's sixth largest holder of
gold and the largest per-capita holder, according to the World Gold
Council. The United States has the world's largest reserves at 8,133.5
However, UBS currency analyst Thomas
Flury said "the overall impact on the franc would not be dramatic." He
predicts that the central bank might institute negative interest rates, a
measure that would weaken the franc.
"What is most worrying about this initiative for global markets is the
prospect of limiting the freedom to print more money by re-introducing
currencies that are partially or fully backed by gold," Cocca says.
"Liquidity is what keeps markets happy these days, and any prospect of
less liquidity would make markets fall."
newdigital, 2014.11.26 10:07
Trading News Events: U.S. Durable Goods Orders (adapted from dailyfx article)
Another 0.6% contract in orders for U.S. Durable Goods may generate a
more meaningful rebound in EUR/USD as it dampens the growth and
inflation outlook for the world’s largest economy.
Why Is This Event Important:
The threat of a slower recovery may further delay the Fed’s
normalization cycle as Chair Janet Yellen remains in no rush to remove
the zero-interest rate policy (ZIRP), and the dollar may face a larger
correction over the near-term should interest rate expectations falter.
Nevertheless, the ongoing improvement in consumer confidence may
generate a better-than-expected print, and a rebound in demand for U.S.
Durable Goods may heighten the bullish sentiment surrounding the dollar
as the Fed is widely expected to raise the benchmark interest rate in
How To Trade This Event Risk
Bearish USD Trade: Orders Contract 0.6% or Greater
EUR/USD Daily Chart
USD/CAD Daily Chart
XAU/USD Daily Chart
EURUSD M5: 56 pips price movement by USD - Durable Goods Orders news event:
Demand for U.S. Durable Goods slipped another 1.3% in September
following the record 18.3% contraction the month prior. Orders for
non-defense capital goods excluding aircraft, a proxy future business
investments, also fell 1.7% during the same period. The persistent
weakness in demand for large-ticket items may further dampen the outlook
for global growthamid the weakening outlook for Europe and China. The
greenback struggled to hold its ground following the worse-than-expected
print, with EUR/USD climbing above the 1.2750 handle, but there was
limited follow-through behind the market reaction as the pair closed at
MetaTrader Trading Platform Screenshots
XAUUSD, M5, 2014.11.26
MetaQuotes Software Corp., MetaTrader 5, Demo
newdigital, 2014.11.27 09:17
Why Gold and Silver Are at an Important 'Make-or-Break' Point
Gold and silver have been some of the worst performing markets in the
past few years. After experiencing a parabolic surge in 2011, precious
metals, along with other commodities, have been in a steady downtrend as
the Fed continues its march toward tighter monetary policy as the
economy shows continued growth. The U.S. dollar’s sharp rally since the
summer also contributed to gold and silver’s punishment, while lower oil
prices have further weakened the case for inflation hedges.
fter experiencing a major technical breakdown one month ago when gold
dropped below its long-held $1,200 support level, precious metals have
been in a holding pattern as they wait for a catalyst to cause either a
bearish follow-through move or a reversal of the breakdown signals. Gold
is currently sitting right underneath its key $1,200 resistance level
that it has attempted to break above several times in the past week to
newdigital, 2014.11.28 06:11
Ed Moy: World entering era of greater gold transparency (based on mining.com article)
Edmund C Moy, former US Mint Director and senior aide to President
George W Bush, recently joined gold-backed IRA provider Fortress Gold
Group as chief strategist.
In this interview with MINING.com, Moy discusses growing demand from
Asia, paper versus physical markets in gold, the changing central bank
landscape and argues that the clamor from citizens for greater
transparency about official gold holdings would only grow.
“India and China are asking why have we never headed up the IMF or the World Bank? Why is the price of gold fixed in London?The
long term trend with central banks becoming net purchasers is a push
from Asian countries to take up their rightful place in the global
financial system and reject Western dominance. Accumulating gold is a
way of readying themselves for a post-dollar world.”