Daily price was on bearish ranging market condition since the middle of April this year located inside Ichimoku cloud/kumo. The reversal from the primary bearish to the bullish condition was started on Friday last week by breaking Sinkou Span A line from below to above on close D1 bar. For now the daily price was stopped by 120.28 resistance level for the bullish trend to be continuing.
D1 price is on reversal from the primary bearish to primary bullish condition:
is on bullish market condition with secondary ranging between 118.32
(W1) support level and 122.02 (W1) resistance level
is stopped by 122.02 resistance level within the primary bullish conditionIf D1 price will break 118.49
support level on close D1 bar so the primary bearish will be continuing without secondary rangingIf D1 price will break 120.28 resistance level so we may see the reversal to the primary bullish
condition on this timeframeIf not so the price will be ranging between 118.49 and 120.28 levels with primary bearish
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
This is a highly accurate, universal, multitimeframe instrument for traders following supply and demand levels.
Each chart candle is in fact a cluster – the smallest unit of market data on a price movement and a volume/effort put into this movement. The combination of these clusters (the chart itself), as well as different combinations of clusters on various timeframes provide sufficient data for analysis.
The indicator displays peak levels of activity formed by the maximum volume, tracks the
The indicator has standard settings. The new modification of indicator provides special marking of the segment when the moving averages begin to form a cross in one direction or another. The Alligator`s cross indicates that the trend is about to change. Modified Alligator helps traders to determine a trend on a particular timeframe even if the averages are intertwined and have a shift in the future. Direction of a trend is determined by a cross of the averages with a specified marking area on th
This script help user record the value of Moving Average and OHLC at the moment once deals happen.
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Please input value of MA's parameters you like. It tells you the path of data file when script is stopped.
This trading panel has been developed for fast and comfortable operation of the financial markets. It is equipped with the necessary functions for manual and semi-automated trading. Due to the presence of the order trailing feature, trailing stop and automatic closure by equity, profit, time. You can use it to automate your trading system. All you have to do is open a position and set the parameters for maintenance, everything else will be handled by the EA. If you want to limit your losses, set
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
Active Lines - a powerful professional tool for operations with lines on charts. Active Lines provides a wide range of actions for events when the price crosses lines. For example: notify, open/modify/close a position, place/remove pending orders. With Active Lines you can assign several tasks to one line, for each of which you can set individual trigger conditions, as well as conditions for re-activations and the number of possible activations.
Active Lines helps you easily organize various tr
Three variables are available for every strategy, any one of them can be disabled, their period can be changed.
type_order=ORDER_FILLING _FOK - order filling type.
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The indicator shows buy and sell signals.
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Compare direction with the indicator from the older timeframe. Use standard MACD diagram. Use Parabolic indicator.Do not forget about money management and stop loss.
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.
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The Sane Reversal indicator is one of the leading oscillators. The signals are generated early, unlike in other indicators which give the signal after the price goes far away in either direction. The indicator displays the price reversals using arrows with high accuracy. The arrows appear on the zero bar and do not flicker of disappear regardless of the market volatility, which allows to trade effectively with short stop losses:
the Buy signal - white arrow on the bar Low,the Sell signal - red
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FULL Automatic is a fully autonomous trading robot for MetaТrader 5 without configurable parameters.
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This is an intelligent trend indicator based on Moving Averages and Bollinger Bands. The indicator does not redraw at all. In order to trade, all you have to do is watch for color changes. Go short when a thick red line is drawn over price action, and go long when the blue thick line appears under price action.
The indicator will show the trend, so therefore it is advisable that you must use an oscillator to provide for well-timed entries. Otherwise, the stop loss will probably be reached. Usin
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.
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The iTicksChart allows you to create custom tick charts. It is suitable not only for trading but also for analysis of tick history. Each missed or ambiguous tick is fixed and displayed on the chart. Experts, indicators, graphical objects can be used for technical analysis.
Advantages and Features
runs and works at any open chart window (called "base chart" further on in this document); looks like a common chart after launching (see Screenshots); history quality is monitored - each missed o
This indicator has been created by a former hedge-fund employee and it automatically identifies when a divergence occurs between price and an oscillator. It can identify both bull and bear divergence and it is pre-loaded with four of the most popular oscillators. You can choose from RSI, MACD, Stochastics and CCI.
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Ermou Street rather than an expert or an indicator is a all-in-one trading assistant easing your trading sessions by providing signals and notifications. It's an assistant rather than a robot - "an assisted steering rather than an autopilot", and now, it autoadjusts itself to any instrument, any timeframe & any circumstance.
First, you should watch the video. Then here's some explanation:
By default, attaching Ermou Street to a chart, you’ll get:
A panel Signals: buy (default b
The script is intended for automatic placing of Buy Stop pending orders, Stop Losses and Take Profits on the user specified levels.
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The Synchronized Charts script allows comparing bars of different symbols or different periods of the same symbol.
Attach the script to a chart and move bars or change the scale, all opened chart will move synchronously with the current one. The bars on different charts aligned to the border according to their open time.
VirtualTradePad - is a contol panel for working with orders in МetaТrader 5 : buy, sell, buystop, buylimit, sellstop, selllimit, close, delete, modify, tralling stop.
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Scalper with Automatic Parameter Setting
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Cluster analysis of volumes is now available in MetaTrader 5!
The YuСlusters indicator is a professional tool for analyzing the trading volumes. The cluster graph is plotted based on tick data. For the exchange financial instruments these are the volume, type and price of a deal. For the Forex instruments - the real or tick volume (depending on the broker) and Bid price.
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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.
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This indicator incorporates the volume to inform the market trend. A warning system (chart, SMS and e-mail) is incorporated for warning when a certain level is exceeded.
Developed by Marc Chaikin, Chaikin Money Flow (CMF) measures the amount of Money Flow Volume (MFV) over a specific period. Money Flow Volume forms the basis for the Accumulation Distribution Line. Instead of a cumulative total of Money Flow Volume, Chaikin Money Flow simply sums Money Flow Volume for a specific look-back
The use of a polynomial expansion of data opens up new possibilities for analysis and decision making. But the problem of all existing algorithms is a very slow computation.
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This Expert Advisor is intended for trading on EURUSD, however it can run on other currency pairs. Please use the M1 timeframe.
You should optimize only two parameters: Seconds_to_move and TradePrice. It is sufficient to optimize Bobra Adept only once, for example, for a half year period. After that, Bobra Adept shows good results on a forward period (or backward in my case). This ca
The indicator has been designed for use on FORTS, but it can also work on other markets, at brokers broadcasting the required data.
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The weighted average price. The volume of buy orders. The volume of sel
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Auto Trade Copier is designed to copy trades between multi MetaTrader 5 accounts/terminals with 100% accuracy.
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Forum on trading, automated trading systems and testing trading strategies
Sergey Golubev, 2015.05.03 08:39
Monthly Forex Forecast: May 2015 (based on dailyforex article)
The USD has fallen meaningfully in value over the past 1 month and 3
month periods. This is a significant quantitative change in the market
and is suggestive of continuing USD weakness over the coming month. Next, it should be noted that both the GBP and the JPY have been
enjoying steady movement overall for many months, with the GBP rising
and the JPY falling. Over the past 3 months, we are also seeing strong turnarounds from
bearish to bullish in CAD and NZD, and in AUD to a lesser extent. This suggests that the current month will see rises in GBP, CAD, NZD
and AUD, and falls in USD and JPY – in these orders of preference.
Many traders believe fundamental factors should either be ignored
completely, or taken as the primary factor to consider in entering or
exiting a trade. Fundamental analysis is best used as a final filter in deciding
whether to take a trade that already looks good from a technical
Therefore let’s consider the aforementioned currencies from a fundamental perspective. Both the GBP and the CAD have higher base rates than the USD. Of the three currencies, the market probably sees the next rate rise
as most likely to come in the GBP, closely followed by the USD. The USD is seen as having the strongest economy, but that perception is arguably under threat now. The CAD may be impacted by the price of oil with a positive
correlation, and the price of oil is bouncing back and rising strongly. Overall it seems that the fundamental factors are mixed and
questionable enough to probably not be a block in the direction of the
Sergey Golubev, 2015.05.02 12:56
Forex Weekly Outlook May 4-8 (based on forexcrunch article)
The US dollar experienced a very turbulent week, tumbling
down and recovering, but not against the euro. Close elections in the
UK, an important rate decision in Australia, employment data from New
Zealand, Australia, Canada and the all- important US non-Farm Payrolls
release are key events. These are the highlight events on Forex calendar
for this week. Here is an outlook on the top events coming our way.
The Federal Reserve downgraded its economic outlook amid soft growth data.
The Fed admitted recent weakness in the first quarter relating it to
temporary factors. Inflation will have to climb back to 2% and the job
market needs to improve further before a rate hike is announced.
However, the Fed believes the US economy will rebound in the second
quarter. Meanwhile, jobless claims
released last Thursday, surprised markets with a 34,000 fall in the
number of claims nut not all data points impressed. The biggest winner
was the euro, that broke critical resistance and seems unstoppable. Poor
data weighs on the pound towards the elections and central banks weigh
on the kiwi and the Aussie.
Sergey Golubev, 2015.05.04 18:46
USDJPY: "Golden" Breakout Could Target 7.5-Year High
The technical perspective is relatively clear. USDJPY broke out of
its near-term triangle pattern on Friday and is maintaining that move
thus far this week, but more broadly, rates are in a sideways range with
support in the 118.30-50 zone up to resistance at the 7.5-year high
around 122.00. With the RSI also breaking out of its own triangle
pattern, more technical strength is favored this week, though the pair
may struggle to break strong resistance near 122.00 without a major
In that vein, there are a few major fundamental storylines to watch
this week. Logistically, it's worth noting that Japanese Banks are
closed today and tomorrow for the end of the Golden Week celebration, so
liquidity (and volatility) could be limited in the early part of this
week. Later in the week, traders will gain insight into the US economy's
performance in April, highlighted by the release of the ISM
Non-Manufacturing PMI report (Tuesday), the ADP Non-Farm Employment
report (Wednesday), a panel discussion from Fed Chair Yellen
(Wednesday), and the marquee US Non-Farm Payroll report (Friday).
Traders will be looking to see if the world's largest economy is
accelerating after yet another disappointing first quarter of the year
and a strong NFP report would go a long way toward alleviating fears of
continued economic malaise.
Sergey Golubev, 2015.05.03 20:05
Forex Forecast – Quant vs Chart Reading (based on dailyforex article)
On this basis, the quantitative momentum forecast for the edge during the coming week is as follows:
On this basis, my technical analysis forecast for the edge during the coming week is as follows:
Sergey Golubev, 2015.05.04 11:50
Markets Prepare for US Employment Reports (based on primepair article)
The Labor Department’s official figures are due on Friday and
forecasters are expecting to see 231k jobs added across both public and
private sectors. We will see a significant readjustment in the dollar if
the data falls wide of the mark on either side. Markets have already
sharply lowered their expectations for growth in the US economy and
consequently the expectations for future interest rate hikes.
The situation is the same one for now: D1 price was stopped by 120.28 resistance level moving in sideways:
Sergey Golubev, 2015.05.05 14:58
if actual > forecast (or previous data) = good for currency (for USD in our case)
[USD - Trade Balance] = Difference in value between imported and exported goods and services during the reported month. Export demand and currency demand are directly linked because foreigners
must buy the domestic currency to pay for the nation's exports. Export
demand also impacts production and prices at domestic manufacturers.
"The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that the goods and services deficit was $51.4 billion in March, up $15.5 billion from $35.9 billion in February, revised. March exports were $187.8 billion, $1.6 billion more than February exports. March imports were $239.2 billion, $17.1 billion more than February imports.The March increase in the goods and services deficit reflected an increase in the goods deficit of $14.9 billion to $70.6 billion and a decrease in the services surplus of $0.6 billion to $19.2 billion.Year-to-date, the goods and services deficit increased $6.4 billion, or 5.2 percent, from the same period in 2014. Exports decreased $11.7 billion or 2.0 percent. Imports decreased $5.3 billion or 0.8 percent."
MetaTrader Trading Platform Screenshots
USDJPY, M5, 2015.05.05
MetaQuotes Software Corp., MetaTrader 5
USDJPY M5: 34 pips price movement by USD - Trade Balance news event
Sergey Golubev, 2015.05.05 19:39
Aussie dollar breaks higher as USDJPY falls below 120.00 (based on forexlive article)
The aussie has kept its bid after the RBA and the USD falling has given it the extra push.
For USDJPY, 119.45/50 is the next major support point ahead of 119.30/35 and the 100 dma at 119.20. We're already finding resistance around 119.85/95 and will probably see more around 120.00 and 120.10.
Sergey Golubev, 2015.05.06 10:38
USD/JPY Technical Analysis: Treading Water Near 120.00 (based on dailyfx article)
The US Dollar corrected narrowly lower after seemingly completing an upside breakout against the Japanese Yen
late last week. A daily close above the 38.2% Fibonacci expansion at
120.68 exposes the 50% level at 121.41. Alternatively, a reversal below
trend line resistance-turned-support at 119.56 opens the door for a
challenge of the April 3 lowat 118.71.
Sergey Golubev, 2015.05.06 14:14
USDJPY, M5, 2015.05.08
USDJPY M5: 61 pips range price movement by USD - Non-Farm Employment Change news event