D1 price is on primary bullish with secondary ranging:
is on primary bearish with trying to break 1306.82 resistance level for the price to be reversed from bearish to the primary bullish market condition on weekly timeframed chart
is on bearish with secondary market rally which was started on open monthly bar:
If D1 price will break 1251.80 support level on close bar so the secondary correction will be started within the primary bullishIf D1 price will break 1306.82 resistance level so the bullish trend will be continuingIf not so the price will be ranging between 1251.80 and 1306.82 levels
UPCOMING EVENTS (high/medium impacted news events which may be affected on XAUUSD price movement for this coming week)
2015-02-02 01:45 GMT (or 03:45 MQ MT5 time) | [CNY - HSBC Manufacturing PMI]
2015-02-02 08:00 GMT (or 10:00 MQ MT5 time) | [EUR - Spanish Unemployment Change]
2015-02-06 13:30 GMT (or 15:30 MQ MT5 time) | [USD - Non-Farm Employment Change]
Please note : some US (and CNY) high/medium impacted news events (incl speeches) are also affected on XAUUSD price movement
SUMMARY : bullishTREND : ranging
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
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
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 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 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
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
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 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
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
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
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
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.
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
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
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
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
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
Professional Constrictor Expert Advisor follows the market using the Parabolic Stop and Reverse system indicator. At each Parabolic SAR indicator signal, a position is opened in the direction approaching the indicator. In case of an opposite signal, a new position closing the previous one is opened (in other words, positions are opened and closed partially). Thus, the EA constantly follows the price.
The EA has been designed for working in the flat market. It features a critical drawdown, at wh
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
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
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
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.
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
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
The Spread 2 Pair indicator visualizes moments of two instruments' convergence (collapse) start. Signals are not delayed so you can timely enter and exit the market.
This indicator is developed for pairs trading and creation of your own trading system based on difference in movements of trading instruments.
Unlike most of multi-currency indicators, the Spread Pair indicator does not load CPU, calculations are immediately performed, it is non-redrawable.
Settings of every currency pair provi
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
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
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
I like to use a chart with Ichimoku on it just as a check for significant support and resistance. The weekly chart shows that it might be tough to go a lot higher .
Thanks for these.
Forum on trading, automated trading systems and testing trading strategies
newdigital, 2015.01.31 10:11
Forex Weekly Outlook February 2-6 (based on forexcrunch article)
US ISM Manufacturing PMI, Rate decision in Australian and the
UK, US Trade Balance and important employment data including the big NFP
event. These are forex market movers for this week. Check out these
events on our weekly outlook
newdigital, 2015.01.31 14:43
Gold forecast for the week of February 2, 2015, Technical Analysis
The gold markets
fell during most of the week, but found the $1250 level to be
supportive enough to turn things back around and form a hammer. That
being the case, it looks like the market is fairly well supported and as
a result should continue to go higher over the longer term. Because of
that we are buyers of gold for longer-term moves, and believe that it’s
only a matter of time before we break out to the upside and perhaps head
as high as $1400 going forward.
newdigital, 2015.02.02 08:56
Gold To Trade Flat, Palladium To Outperform In 2015 (adapted from kitco article)
The London Bullion Market Association (LBMA) rounded up a panel of
experts to forecast precious metal prices in 2015 -and while prospects
may be neutral for gold they are bullish for silver, platinum and
he panel, made up of analysts from various banks and research firms
worldwide, is predicting that the gold price will remain broadly flat
for the year, with an average forecast of $1,211 an ounce. Ross Norman
of Sharps Pixley is the most bullish analyst with a gold forecast of
$1,321 and Adam Myers of Crédit Agricole, London was the most bearish
However, the market experts are forecasting
silver to have an average price of $16.76/oz., platinum $1,294/oz. and
palladium at $838.40 for the year. This marks a 2.1% increase for
silver from last year’s price projections, a 5.6% increase for platinum
and a 5.3% hike for palladium.
The reasons cited by the experts for the
restrained gold price were the possible strengthening in the U.S.
dollar, interest rate hikes by the Federal Reserve in the second half of
2015, quantitative easing in Europe and a weak oil price reducing
gold’s attraction as a hedge against inflation.
newdigital, 2015.02.01 19:22
Forex - Weekly outlook: February 2 - 6 (based on investing.com article)
The U.S. dollar was mostly lower against its major counterparts on
Friday, as investors reacted to data showing the U.S. economy grew less
than expected in the fourth quarter.The Commerce Department said
in a report that the economy expanded 2.6% in the final three months of
2014, below expectations for a 3.0% gain and slowing sharply from
growth of 5.0% in the three months to September. The U.S. dollar index,
which measures the greenback’s strength against a trade-weighted basket
of six major currencies, ended the week at 95.00, down 0.01% for the
day and 0.33% lower on the week.The dollar slid lower against the safe haven yen, with USD/JPY down 0.69% to 117.50 in late trade, amid weakness in U.S. equities following the lackluster GDP data.The Dow Jones fell 251.90 points, or 1.45%, while the S&P 500 declined 26.26 points, or 1.3%.Meanwhile, the euro
was under pressure after data showed that deflation in the single
currency bloc deepened in January and amid growing concerns over
Greece's future in the euro zone.Eurostat said that the annual
rate of euro zone inflation fell by 0.6% in January, after a 0.2% slip
in December. Economists had expected an annual decline of 0.5%.Greece’s
new government said it will not cooperate with the International
Monetary Fund and the European Union and will not seek an extension to
its bailout program, underlining fears over a clash with its
international creditors.The Canadian dollar
was also hard-hit after Statistics Canada said the country's gross
domestic product fell 0.2% in November, compared to expectations for a
0.1% downtick and after a 0.3% gain in October. The Australian dollar
weakened to a five-and-a-half year low against the greenback amid
growing expectations for an interest rate cut in Australia next week. Elsewhere,
the Swiss franc strengthened against the other major currencies on
Friday, amid heightened expectations for further intervention by the
Swiss National Bank in the currency market (USD/CHF, EUR/CHF).Meanwhile, the dollar rallied 1.74% against the Russian rouble
to end at 70.05 after Russia's central bank unexpectedly cut its
benchmark interest rate to 15.0%, one month after surprising markets by
hiking rates to 17.0%.In the commodities market, oil prices
scored their biggest one-day gain since June 2012 amid indication that
U.S. producers may be pulling back on new production in response to low
prices.Nymex oil futures surged $3.71, or 8.33%, to $48.24 a barrel, while London-traded Brent prices soared $3.86, or 7.86%, to $52.99.Gold
was also well-supported, with prices tacking on $23.30, or 1.86%, to
close at $1,279.20 following the release of weaker than expected U.S.
GDP data. In the week ahead, investors will be turning their
attention to Friday’s U.S. nonfarm payrolls report for further
indications on the strength of the recovery in the labor market.Central bank policy meetings in the U.K. and Australia will also be in focus.Monday, February 2
Tuesday, February 3
Wednesday, February 4
Thursday, February 5
Friday, February 6
newdigital, 2015.02.02 18:55
Gold Slips as Crude Oil Prices Rebound (based on wsj article)
Gold futures eased Monday as higher oil prices tempered investor appetite for haven assets.
most actively traded gold contract, for April delivery, was recently
down $4.50, or 0.4%, at $1,274.70 a troy ounce on the Comex division of
the New York Mercantile Exchange.
Gold has drawn support from
tumbling crude-oil prices in recent weeks, as concerns about the impact
on the wider energy market sent investors in search of ways to protect
their wealth. Some traders view gold as a haven from political and
economic turbulence, believing it will keep its value better than other
On Monday, oil prices rebounded, with the U.S. benchmark
recently trading up 36 cents, or 0.8%, at $48.60 a barrel on the Nymex.
“The rally in oil took some of the pressure off the reasons to
buy gold,” said Ira Epstein, a broker with the Linn Group in Chicago.
Epstein added that the recent surge in gold prices, which took futures
up 8% in January, made the market vulnerable to correct lower as
investors move to lock in profits.
“This is a necessary pullback, but it’s not showing any signs that the rally is over,” he said.
gold’s slide was limited by weaker U.S. economic data. The ISM
manufacturing purchasing managers’ index fell to 53.5 in January from
55.1 in December, and missed forecasts of 54.3. A reading above 50
points to expansion in factory activity, while a print below that level
The data underscore the uneven nature of
the U.S. economic recovery, which has struggled to fire on all cylinders
since the 2008 financial crisis.
newdigital, 2015.02.03 05:46
Chinese banks to join new gold fix from March (based on ft article)
replacement for the near-century-old London gold fix will start in
March, with the hope of attracting at least 11 members, including
Chinese banks for the first time.
UK financial authorities are undertaking an
assessment of financial benchmarks in the wake of a series of scandals,
including over the gold fix.
The presence of Chinese banks would give the world’s second-largest consumer of the precious metal a greater say in the global gold price. Participants in the fix aggregate orders from clients on to a platform to determine the price.
“Interest has been very positive and creates a more diverse pool of
participants, which includes Chinese banks,” said Ruth Crowell, chief
executive of the London Bullion Market Association, a trade body for
London’s gold and silver markets.
newdigital, 2015.02.03 10:15
Gold Price Forecast Based on Algorithms: An Average Return Of 1.23% In 14 Days (based on gold-prediction article)
newdigital, 2015.02.04 06:53
Gold Miners Are Off To A Hot Start In 2015 -- But That's Just The Beginning (based on forbes article)
The story has a lot less to do with the printing of money and money
supply that traditionally drives gold and gold miners and more with the
fact that the mineral in and of itself has not been found despite all
the billions of dollars that have been put into discovery of gold over
the last ten years.
In fact, the number of working mines is down to almost zero from 20
to 25 in 1995. So the real story is the fact that you’re not finding any
new supply. Cash costs are high now, because you’re trying to extract
the greatest grades. The industry in and of itself has done an
extraordinarily poor job of asset allocation over the years with
misallocation of capital and losing money on mines.
They seem to buy high, sell low and dilute their shareholders. They
hedge at the wrong times. For all those reasons, these companies have
been put at massive discounts to what I think is any kind of rational
value. So the net sum of those dynamics that I just described leads me
to believe that the question an investor needs to ask is, “How is a gold
miner going to replenish their reserves?”
newdigital, 2015.02.05 05:41
Gold Price Today Sees Modest Gains – Higher Move on the Horizon (based on moneymorning article)
The gold price
jumped $10, or 0.80% to $1,271 an ounce in morning trading. The gains
came despite typical headwinds for the yellow metal: a stronger dollar
and slipping oil prices.
The yellow metal gave back some of those gains in the afternoon
session. Just before 1 p.m., gold was hanging on to a $2.70 rise at
This follows gold's sharp decline on Tuesday. Gold slumped $18.80, or
1.3%, yesterday as investors' appetite for riskier assets, including
stocks, increased. The Dow Jones Industrial Average added $305.36, or 1.8%, Tuesday as oil continued to march over $50 a barrel
There were three factors boosting gold prices: