Daily price is on bearish condition for ranging between the following s/r levels:
Span line is located below the price indicating the ranging market condition by direction.
D1 price - ranging within key levels:
is on bearish market condition with secondary ranging between 1.0807
(W1) support level with 1.0461 as the next target, and 1.1466 (W1) resistance level.
is on ranging bearish with 1.0461 support level.If D1 price will break 1.0847
support level on close D1 bar so the bearish trend to be continuing for the week with secondary ranging market condition up to 1.0807 as a next bearish target.If D1 price will break 1.0807
support level on close D1 bar so we may see good bearish breakdown of the price movement with next target as 1.0461.If D1 price will break 1.1113 resistance level so the price will be reversed to the primary bullish market condition.If not so the price will be on ranging between the levels.
SUMMARY : bearish
TREND : ranging bearish
The indicator determines and marks the short-term lows and highs of the market on the chart according to Larry Williams` book "Long-term secrets to short-term trading".
"Any time there is a daily low with higher lows on both sides of it, that low will be a short-term low. We know this because a study of market action will show that prices descended in the low day, then failed to make a new low, and thus turned up, marking that ultimate low as a short-term point. A short-term market high is just
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
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
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 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
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
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
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
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.
Exit Signals are NOT to be used in entering a trade!
Exit means closing your trades to avoid correction/reversal which can wipe out existing
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
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
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
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 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 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 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
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
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
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
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 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
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.
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
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
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
ROMAN5 Bollinger Bands TrailingStop includes BreakEven facility. TrailingStop automatically moves the Stop Loss with the Bollinger Bands level. You can place ROMAN5 Bollinger Bands TrailingStop in any chart. It comes with an alert that will sound whenever a new signal appears. It also features an email facility. Your email address and SMTP Server settings should be specified in the settings window of the "Mailbox" tab in your MetaTrader 5.
Bollinger Bands Parameters:
BB Period - The averagin
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
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
Forum on trading, automated trading systems and testing trading strategies
Sergey Golubev, 2015.08.07 17:44
Sergey Golubev, 2015.08.08 10:14
Fundamental Weekly Forecasts for US Dollar, AUDUSD, GBPUSD. USDJPY and GOLD (based on dailyfx article)
- "This week docket isn’t
shabby for market movers – retail sales, UofM sentiment survey, upstream
inflation reports, small business optimism and a July labor conditions
aggregate – but none of the offerings carry the mark of a decisive view
changer. With the market still not fully pricing a Fed hike until
January while the Fed sees two this year, there is premium to tap. Yet,
it will be difficult to tap this week."
- "Upcoming UK Jobless Claims figures will be of
special interest as Bank of England Governor Mark Carney made clear that
interest rate policy will depend on economic data. Current consensus
estimates predict that the Claimant Count Rate—the percentage of
eligible workforce participants claiming unemployment benefits—remained
near multi-decade lows through July. Just as importantly, economists
expect that Average Weekly Earnings growth remained near its highest in
five years through June. Downside surprises in either could force fairly
important losses in the British Pound."
- "A handful of Chinese releases is also noteworthy.
July’s Retail Sales and Industrial Production numbers are due to cross
the wires. As with the US, data flow out of the behemoth East Asian
economy has improved in recent months. At minimum, this hints that the
probability for particularly dour results that raise concerns about
negative spillover to Australia is comparatively low relative to the
- "With USD/JPY snapping back from a fresh weekly of
125.06, the lack of following-through behind the NFP reaction raises the
risk for a larger pullback, and the exchange rate may face a further
consolidation in the days ahead should we see another mixed batch of
data prints coming out of the U.S. economy. On the other hand, key
developments pointing to a stronger recovery may put the dollar-yen on a
more bullish course and may spur a test of 2015 highs (125.84) as the
Fed keeps the door open for a September liftoff."
- "From a technical standpoint gold has continued to
hold above critical support into 1067/70 where the median-line off the
2014 high converges on basic trendline support dating back to June 2006
and the 100% extension of the decline off the yearly high. Weekly
momentum has also continued to hold above the 30-threshold and as noted
last week, gold remains vulnerable for a near-term recovery while above
this region. Note that although prices are lower for a seventh
consecutive week, gold has been unable to test the 5-year low made back
on July 24th. Key
resistance remains at 1145/50 with only a break above the upper
median-line parallel off the yearly high invalidating the broader
downside bias (bearish invalidation~ 1175). A break of the lows targets
the 2010 low at 1044 backed by a key longer-term Fibonacci confluence
lower down at 975/80."
Something Interesting in Financial Video August 2015
Sergey Golubev, 2015.08.08 20:54
Trading Video: Will US Stock Indexes and the Dollar Finally Break This Week? (based on dailyfx article)
'Data to leverage the US Dollar seems far less capable than key Euro-area GDP figures and Chinese economic event risk for the Euro and Aussie Dollar respectively. We discuss what lies ahead and the proper strategy calibrations in this weekend Trading Video.'
Sergey Golubev, 2015.08.09 07:36
Morgan Stanley Next Week Forecast - USD, EUR, JPY, GBP, AUD (based on efxnews article)
USD: Bullish"We stick to our bullish USD view. Recent comments from Fed Governor
Lockhart suggest that September is still very much in play, and as
markets bring the timing of the first hike forward, this should support
EUR: Bearish"The EUR has been difficult to trade recently given that European
stories such as Greece or the ECB have gone away from the market’s
focus. Instead we expect EURUSD to trade lower on more optimism on the
Fed. The US side of the story will dominate trading this pair."
JPY: Neutral"We remain bullish on JPY for a few reasons. First, we continue to see
signs of domestic reflation that could bring the BoJ closer to
tightening. Second, with commodity currencies falling, the risk environment may be
pressured, which will also support JPY. The main risk here would be a
China stimulus which supports risk and weighs on JPY."
GBP: Neutral"The inflation report was more dovish than the market was expecting,
causing GBPUSD to move below 1.55. For the path
of GBPUSD over coming weeks we put most emphasis on the USD side. With
Lockhart putting a September rate hike firmly in the market’s mind now,
as rate expectations rise, this should support the USD side."
AUD: Bearish"Commodities are likely to weigh on AUD, and we retain our medium term
bearish AUD view. However, we see two possible legs of support in the
near term. First, the RBA has raised the bar for cuts, and as the market
digests this, the currency may benefit. Second, any growth supportive
fiscal stimulus in China would likely benefit AUD the most within the
G10 space. We would look to sell on rallies."
Sergey Golubev, 2015.08.10 08:01
The Royal Bank of Scotland - After the BoE’s "Super Thursday" (based on efxnews article)
Sergey Golubev, 2015.08.10 17:09
Barclays for EURUSD - The Decision Is Taken (based on efxnews article)
Barclays evaluated the recent NFP data and made the conclusion that
FOMC has already decided about what to tell during the next meeting.
Barclays watched the job data and established the correlation between
job market and FOMC decisions concerning the inyerest rate to be
Sergey Golubev, 2015.08.11 06:56
JP Morgan estimated the false breakout by bouncing back starting to
range between very strong support/resistance levels. Market refused to
make necessary breaks to established good stable trend, says JP Morgan.
Thus, JP Morgan descovered 2 very strong s/r levels:
Sergey Golubev, 2015.08.11 12:26
Skandinaviska Enskilda Banken - Intraday For EUR/USD and USD/CNH (based on efxnews article)
Skandinaviska Enskilda Banken (SEB - Swedish financial group with
headquarters in Stockholm/Sweden) is continuing intra-day forecast. For
now - we are having some analysis for EUR/USD and USD/CNH:
EUR/USD"The pair moved a tad higher (1.1042) than expected before turning around
and falling back lower. A close at current levels (or lower) will
create yet another 55d ma band rejection indicating that the sellers
still are in control. A sustained break below 1.0926 will sharply up a
bearish outlook calling for a swift continuation down to the recent low
USD/CNH"Today’s extremely impulsive move higher has cancelled out the idea that
the move up from the 2014 low point was a three wave upside corrective
move. Today’s break above 6.3014 makes such a wave count obsolete and
instead warns of creating either a more complex upside correction
pattern (theoretically targeting the 6.48-area) OR a having entered a
third of a third wave (allowing for considerably higher levels over the
medium term horizon)."
Sergey Golubev, 2015.08.12 08:09
EUR/USD - bulls in control (based on forexlive article)
EURUSD was up and down again for ranging on the back of the China surprise and the news that Greek creditors reached a deal. The price reached the border between bearishand bullish trend and stopped near some key resistance levels such as 1.1113/1.1215/1.1466.
The bulls market is under control as there are few strong resistance levels on the way for the price to be reversed. For example, 200-SMA value is located at 1.25 on weekly chart and at 1.1466 on daily chart so the price should go quite a long way through many levels on the way to possible reversal. Any fundamental news events may move the pair to be down or increase the choppy situation for the downtrend to come later for this pair.
Sergey Golubev, 2015.08.13 08:18
BofA Merrill about doubts concerning the ability of the USD to rally further (based on efxnews article)
Bank of America Merrill Lynch is dispalling the doubts about the
ability of the USD to rally further and about the EURUSD to resume the
bearish market condition. Strong USD skeptics are providing some arguments that USD can not be more stronger than now:
Yes, positive Eurozone data surprises, and negative US data surprises, but skeptics are missing 2 additional main arguments:
according to BofA Merrill, the USD will become more stronger compare
with EUR and we will see the price as 1.04/1.05 by the end of this year