This is the thread about books related for stocks, forex, financial
market and economics. Please make a post about books with possible cover
image, short description and official link to buy (amazon for example).
Posts with links to unofficial resellers will be deleted
December 2014 thread os this one
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
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.
The functionality of Actual COMBO Depth of Market AND Tick Volume Chart is fully identical to the original indicators. You will enjoy the power of these two products combined into the single super-indicator!
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
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
The trading robot opens and closes positions by the indicator signals - buys at support levels, sells at resistance levels, which allows to capture large movements. It has the option to close positions by take profit and stop loss. When new signals appear the EA adds orders. When an opposite signal appears: if the order basket is in profit, then the EA closes it; if the basket is in loss, the robot opens opposite orders. The EA settings can be adjusted right from the chart. The EA also features
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 main purpose of the indicator is to detect and mark on a chart the following trade signals described in "New Trading Dimensions":
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
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
Pipfinite creates unique, high quality and affordable trading tools.
Our tools may or may not work for you, so we strongly suggest to try the Demo Version for MT4 first. Please test the indicator prior to purchasing to determine if it works for you.
We want your good reviews, so hurry up and test it for free...we hope you will find it useful.
Breakout Analyzer with Volume Critical
Strategy: Enter confirmed reversal setups Watch Video: (Click Here)Breakout Analyzer with Strength
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
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
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
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 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:
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
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 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 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 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
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
Easy Order is an Expert Advisor allowing you to enter any type of trade with one click based on your RISK preferences.
You can choose to enter a trade and automatically calculate your lot size based on how much of your account you want to risk. Risk is calculated based on your Stop Loss placement. You can use a fixed lot size if you don't want to use risk based calculation of lot size. Your previous setting of risk based or fixed lot size remains saved for your next use of this Expert Advi
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
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 displays the current market information about the recent trades (their direction and volume).
BackColor - general background color of the indicator; AboveAskBackColor - background color of the line with information about the last trade in case it was performed at the price above Ask; AboveAskFontColor - color of the text entered in the line with information about the last trade in case it was performed at the price above Ask; AtAskBackColor - background color of the
This indicator extracts a trend from a price series and forecasts its further development. Algorithm is based on modern technique of Singular Spectral Analysis (SSA). SSA is used for extracting the main components (trend, seasonal and wave fluctuations), smoothing and eliminating noise. Does not require the series to be stationary, as well as the information on presence of periodic components and their periods. It can be applied both to price series and to the data of other indicators.
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
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
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
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
CandleTimer is an indicator that can be usable for scalper and short-term traders. It shows the following useful information:
Remaining and past time of a candle on the current chart or other timeframe Alarm setting for play sound at the start of the current candle Show SL/TP line defining whether the indicator has a Sell or Buy order or both Show a spread value Show Ask and Bid lines in different colors in high and low spread Compatible with a money management EA (you can buy it separat
Forum on trading, automated trading systems and testing trading strategies
Something Interesting to Read December 2014
newdigital, 2014.12.22 16:46
The Successful Investor: What 80 Million People Need to Know to Invest Profitably and Avoid Big Lossesby
William J. O'Neil
More than 80 million investors lost 50 to 80 percent of their savings
in the recent stock market crash. Investor's Business Daily publisher
William J. O'Neil, however, was one of the first to see--and warn
investors about--the dangers inherent in what had been, up to that
point, a historic bull market run. Those who followed his counsel were
able to sidestep devastating losses and emerge with their sizable bull
market profits largely intact.
In The Successful Investor, O'Neil
steps up to tell all investors how they can make money and, more
important, avoid losses in up markets, down markets, and everything in
between. Showing how mistakes made in the recent market collapse were
amazingly similar to those made in previous down cycles, O'Neil reveals
simple steps investors can follow to avoid costly mistakes and:
O'Neil has succeeded in virtually every market environment by following
a stable, nonemotional investment plan. In his latest book, O'Neil
explains how anyone can follow that plan to become a profitable
long-term investor, regardless of market tides or turns.
The Successful Investor will
bring reason and welcome relief to all investors buffeted and
bewildered by the perils and uncertainty of today's stock market.
G. M. Loeb
A reader of one of my earlier discussions asked-"Have you ever tried out
the ideas outlined in your book?" My reply was to the effect that the
ideas were tried out first, and the book written afterward. Any earner
who earns more than he can spend is automatically an investor. It
doesn't matter in the slightest whether he wants to be or not, or even
whether he realizes that he is investing. Storing present purchasing
power for use in the future is investing, no matter in what form it's
put away. Some popular and common forms include money itself, government
bonds, savings bank deposits, real estate, commodities, securities of
all types, diamonds and where and when it's legal, gold.
The trading bible for the new millennium
In Come Into My Trading Room,
noted trader and author Dr. Alexander Elder returns to expand far
beyond the three M's (Mind, Method, and Money) of his bestselling Trading for a Living.
Shifting focus from technical analysis to the overall management of a
trader's money, time, and strategy, Dr. Elder takes readers from the
fundamentals to the secrets of being a successful trader--identifying
new, little known indicators that can lead to huge profits.
Come Into My Trading Room
educates the novice and fortifies the professional through expert
advice and proven trading methodologies. This comprehensive trading
guide provides a complete introduction to the essentials of successful
trading; a fresh look at the three M's, including a proven, step-by-step
money management strategy; and an in-depth look at organizing your
trading time. Come Into My Trading Room reviews the basics
of trading stocks, futures, and options as well as crucial
psychological tactics for discipline and organization—with the goal of
turning anyone into a complete and successful trader.
By showing traders how to combine the elements of mind, method, and money, Come Into My Trading Room
gives readers the knowledge and insight to enter the market with
confidence and exit with profits. Unparalleled depth and a wide range of
coverage will keep all levels of traders engaged, informed, and
returning to Come Into My Trading Room again and again.
Harvey WalshWould you like the freedom to make money from anywhere in the world?
Trade in an office, or from a beach hotel, you choose when and where you
work when you're a successful day trader.
This is complete day trading course
How To Day Trade Stocks For Profit is a
complete course designed to get you quickly making money from the stock
market. No previous trading experience is necessary. Easy to read and
jargon-free, it starts right from the very basics, and builds to a
remarkably simple but very powerful profit generating strategy.
Readers of this book make real money, as this short selection of comments shows:
Trade you way to financial success!
Are you tired of playing the
"buy-and-hope" game with your stocks? Savvy stock trader Toni Turner
shows you the ins and outs and ups and downs of short-term trading.
You'll learn how to buy and sell stocks on a monthly, weekly, or even
daily basis, so you can own the right stocks at the right time.
clear, common-sense advice, easy-to-follow explanations, and helpful
examples will help you invest in the exciting and profitable world of
short-term trading quickly and safely. In this revised edition, you'll
get completely up-to-date information on:
Technical Analysis from A to Zby
Millions of traders participating in today’s financial markets have shot
interest and involvement in technical analysis to an all-time high.
This updated edition of Technical Analysis from A to Z combines a
detailed explanation of what technical analysis is and how it works with
overviews, interpretations, calculations, and examples of over 135
technical indicators—and how they perform under actual market
conditions. Enhanced with more details to make it easier to use and
understand, this book reflects the latest research findings and
advances. A complete summary of major indicators that can be used in any
market, it covers: • Every trading tool from the Absolute Breadth Index to the Zig Zag • Indicators include Arms Index, Dow Theory, and Elliott Wave Theory • Over 35 new indicators
by John J. Murphy
John J. Murphy has now updated his landmark bestseller Technical
Analysis of the Futures Markets, to include all of the financial
"If one could read only one book on technical analysis,
this should be the one." - Knight-Ridder, Financial Products and News
This outstanding reference has already taught
thousands of traders the concepts of technical analysis and their
application in the futures and stock markets. Covering the latest
developments in computer technology, technical tools, and indicators,
the second edition features new material on candlestick charting,
intermarket relationships, stocks and stock rotation, plus
state-of-the-art examples and figures. From how to read charts to
understanding indicators and the crucial role technical analysis plays
in investing, readers gain a thorough and accessible overview of the
field of technical analysis, with a special emphasis on futures markets.
Revised and expanded for the demands of today's financial world, this
book is essential reading for anyone interested in tracking and
analyzing market behavior.
"One way to get started in technical
analysis is to read a good book on the subject. One of my favorites is
Technical Analysis of the Financial Markets: A Comprehensive Guide to
Trading Methods and Applications by John J. Murphy. It's an easy read."
Ralph J. Acampora, CMT, Managing Director, Prudential Securities Inc.
Elliott Wave Principle: Key To Market Behaviorby
A.J. Frost and
Robert R. Prechter
"This is a definitive, excellent book on Elliott, and I recommend
it to all who have an interest in the Wave Principle." Richard
Russell, Dow Theory Letters
"Gold and Silver Today wholeheartedly endorses this book. It is the
definitive work on a scientific wave theory of human experience. If
you are interested in technical or wave analysis, it should be
required reading." Gold & Silver Today
"This book is extremely well done. It is clear, brief and
bold....by far the most useful and comprehensive for both the
beginner and the veteran." William Dilanni, Wellington Mgmt.
"An outstanding job...I don't think a better basic handbook of
Elliott Wave theory could be written." Donald J. Hoppe, Business
and Investment Analysis
"...A top-drawer reference for serious technical analysts....all
the nuts and bolts necessary to do their own Elliott Wave
assembly." Futures Magazine
"Chapter Three is the best description of Fibonacci numbers we've
seen in print and that alone is worth the price of the book." Janes
Dines, The Dines Letter
"In a third of a lifetime in this business, this was the first time
I really understood Elliott, and this is certainly the first book
on Elliott that I could recommend. All the methods that Prechter
has used so successfully are fully described in this book." The
"Elliott Wave Principle is such an important, fascinating, even
mind-bending work, we are convinced that it should be read by and
and every serious student of the market, be they fundamentalist or
technician, dealing in stocks, bonds or commodities." Market
"Even allowing for minor stumbles, that 1978 prediction must go
down as the most remarkable stick market prediction of all time."
James W. Cowan, Monitor Money Review
Recipient of the Technical Analysis Association's Award of
Mastering the Trade: Proven Techniques for Profiting from Intraday and Swing Trading Setupsby
John F. Carter
bestselling Mastering the Trade presents you with a step-by-step
approach for becoming a successful trader. Written with authority by
fulltime trader and fund manager, John F. Carter, this straightforward,
all-you-need-to-know resource combines an insightful market overview
with specific trading strategies and concepts.