Daily price is on bullish market condition for secondary ranging between 1.1713 key resistance level and 1.0847 support level. The price is located above Ichimoku cloud by crossing 1.1294 resistance level from below to above for the bullish trend to be continuing. Chinkou Span line is above the price indicating the bullish breakout in the near future.
D1 price - possible bullish breakout:
If D1 price will break 1.1086
support level on close D1 bar so we may see the reversal of the price
movement to the primary bearish market condition with secondary ranging
(ranging bearish).If D1 price will break 1.1713 resistance level so the bullish trend will be continuing.If not so the price will be on ranging between the levels (ranging bullish).
SUMMARY : bullish
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
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 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.
About the PAM (Price Action Master) EA Series
These multi-symbol multi-time-frame bots enter on high probability engulfing bar and shooting star/hammer/pin bar patterns with a stop order. (Delays won't matter, slippage and spread not a big deal on larger time-frames.) They may consider up to 4 secondary time-frames in their analyses and score of space, trend, quality of bar, quality of important locations, big round numbers and quality of pullbacks. These bots can print a special csv log f
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.
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
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
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!
The script allows users to easily close positions if their profit/loss reaches or exceeds a value specified in pips.
Please set slippage value first. Sometimes some positions do not close due to high volatility of the market. Please set larger slippage or restart the script.
The script is intended for automatic placing of 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
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.
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Breakout Analyzer with Volume Critical
Strategy: Enter confirmed reversal setups Watch Video: (Click Here)Breakout Analyzer with Strength
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
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
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 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 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:
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
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
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
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
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
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
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 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
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
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
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
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
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 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
Forum on trading, automated trading systems and testing trading strategies
Sergey Golubev, 2015.09.14 06:22
September FOMC Forecast by Nomura (based on efxnews article)
Nomura is expecting the first Fed hike in December and explaining about it: the FOMC will not raise rates this week during September FOMC:
As we know - some int'l financial institutions are still expecting for Fed hike to rise this week so that is why the opinion of Nomura Holdings is important for us here.
Sergey Golubev, 2015.09.14 07:53
Morgan Stanley made weekly forecast for EUR in
fundamental/technical mixed way expecting bearish EUR (based on efxnews article):
"We remain bearish on EUR over the medium term but see reason for some
support in the near term. EURUSD continues to be inversely correlated
with risk appetite. This suggests that as global volatility remains high
and risk appetite weak then there is reason to see EUR supported.
Draghi sounded very dovish at the recent ECB press conference so, should
the voices from the central bank suggest more aggressive monetary
action, then this would be a risk factor to our near-term view."
the technical point of view - EUR/USD is located below
100-SMA/200-SMA for ranging within 1.1713 key resistance and 1.0807 key
support levels for crossing symmetric triangle pattern for the
trend to be continuing. Intermediate support level as the nearest
bearish target is 1.0925, and the key bearish target is 1.0807. The
situation with EUR/USD may be described on the following way:
Sergey Golubev, 2015.09.14 13:53
EUR/USD: Levels & Targets by United Overseas Bank (based on efxnews article)
United Overseas Bank estimated the nearest bullish target for EUR/USd as 1.1475 with 1.1250/55 as the bearish reversal level.
situation is mostly related to intra-day trading: as we see from H4
chart - the EURUSD is on bullish trend with 1.1379 as the next target;
and the reversal bearish target is 1.1253. It means the following:
Sergey Golubev, 2015.09.14 18:32
Trade Ideas For EUR/USD and GBP/USD by UBS Group (based on efxnews article)
UBS Group made a trading forecast for EUR/USd and GBP/USD for today and tomorrow:
EUR/USD: "traded bid last week and ended with a short
squeeze. Flows were mixed but demand improved as the weekend got closer
so it seems that the market is happy to play the pair from the short
side, although conviction is low. All eyes are on the FOMC meeting this
week, and activity could be limited until then."
GBP/USD: "Cable has found good support around the
200-day moving average and with the positive tone from the BoE last
week, this bounce should continue. This is a busy week for data, with
CPI, earnings, unemployment, and retail sales due. Buy dips, with a stop
below 1.5350, for a test of 1.5500 and 1.5550."
Sergey Golubev, 2015.09.15 07:44
EUR/USD Tech Review: 'correcting the to 1.11' by Nomura; 'it isn’t very clear' by Goldman Sachs (based on efxnews article)
Nomura made a forecast for EUR/USD stated about correction for this pair to 1.11 :
By the way, Goldman Sachs noted that the setup in EUR/USD isn’t very clear:
as we see from daily chart - the price is located near above 200 day
SMA with 1.1372 resistance level to be ready for two scenarios to be
Sergey Golubev, 2015.09.15 18:06
if actual > forecast (or previous data) = good for currency (for USD in our case)
[USD - Retail Sales] = Change in the total value of sales at the retail level. It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity.
EURUSD M5: 30 pips price movement by USD - Retail Sales news event:
Sergey Golubev, 2015.09.16 09:12
EUR/USD Into FOMC - BNPP (based on efxnews article)
BNPP is expecting for Thursday’s FOMC statement to be in dovish way and as a result - the EUR/USD should come to 1.10 to be near 1.1088 reversal support level located inside Ichimoku cloud and below 200 day SMA in the ranging bearish area of the chart.
For now - the price is located near above 200 day SMA to be ready for the bullish trend to be continuing, or to reverse to the primary bearish market condition with secodary ranging. If daily price crosses 1.1088 from above to below so we may see the reversal of the price movement to the primary bearish market condition.
Sergey Golubev, 2015.09.16 12:00
Intraday Outlooks For EUR/USD - SEB (based on efxnews article)
Skandinaviska Enskilda Banken made an intra-day forecast for
EUR/USD. As we see from the chart below - the price is located between
100 SMA and 200 SMA for ranging market condition waiting for direction.
On daily base - the price is near above 200 day SMA for trying to cross
it from above to below for the ranging bearish condition to be started
in this case.
EUR/USD: Bears are happier below 1.1329. "A near-term
bearish impulse may or may have not yet started. If holding from
breaking back over 1.1329 and instead extending the drop below the
near-term "Equality point" at 1.1240 we believe in the former. Current
intraday stretches (shouldn't really become tested ahead of Fed) are
located at 1.1200 & 1.1370."
Sergey Golubev, 2015.09.17 12:57
How To Trade The FOMC - Credit Agricole (based on efxnews article)
Sergey Golubev, 2015.09.18 07:14
USD Post-FOMC by Major Banks (based on efxnews article)
The dovish FOMC was on Thursday at 19:00 GMT so the major banks are made a forecast about the USD after FOMC.
Morgan Stanley: "Long USD positioning is vulnerable over
coming days and perhaps weeks...But USD Impact Temporary. Our
structurally bullish USD view has never been Fed-focused. Rather, our
framework is built on the reduced investment attractiveness in much of
the rest of the world. Any setback in the USD is likely to be
short-lived in our view, providing a renewed buying opportunity against
EM and commodity-related currencies."
BofA Merill: "The lowering of the median dots raises risks around
a hike this year. But, the FOMC’s confidence in the outlook
(particularly in the labor market) underpins hikes later this year, and
therefore, the policy divergence theme we expect to support the USD. With
a 30% chance priced into the meeting, we would expect some near-term
pressure on the USD—particularly versus commodity-linked currencies
where USD positioning is largest—as the timing of the first hike is now
less certain. However, with any significant USD weakness likely to
incent other central banks (like the ECB) to ease further and given our
view for a December Fed hike, we see USD downside as limited here."
Nomura: "For the FX market specifically, Nomura doesn't think the
information received today will lead to a sustained unwinding of USD
longs versus G10 currencies—i.e., momentum could fade within a few
sessions. We have been flat in terms of USD exposure versus majors for
the last several weeks in anticipation of this outcome. But looking
ahead, the Fed is still operating with liftoff this year as the central
case, as the 2015 dots clearly signal. Bottom line: We still
believe that our 1.10 year-end target for EURUSD is likely to be
achieved under the assumption th that the Fed is able to raise rates by
the December meeting, which seems fairly likely."
SocGen: "The Fed’s decision to leave rates on hold was
not a surprise to a market positioned that way but the tone of the
statement and the new lowered ‘dot-path’ (median sees one hike this
year, 4 in 2016, 5 in 2017 and 3 in 2018 for a 3.375% Funds rate peak)
have dragged Treasury yields down. That is not
dollar-supportive. However, any bounce in risk assets will be
short-lived. A dovish and dithering Fed inspires little confidence. Once
EMinspired reduction in dollar long positions is over, we look for AUD,
NZD and CAD to weaken again, with NZD the most vulnerable. And the
biggest winner could still be the yen if the risk mood sours."
Danske: "We target EUR/USD at 1.10 in 3M and 6M and then up to 1.15 in 12M. We
forecast JPY to underperform among the G4 as rising expectations for
additional BoJ easing will support USD/JPY going into the 30 October
Bank of Japan meeting. Moreover, we note that the upside potential in
USD/JPY has increased following the past week’s substantial reduction in
specualtive short JPY positions. We target USD/JPY at 124 and 125 in 3M and 6M, respectively.
In contrast to EUR and JPY, GBP is also expected to perform on a 3M to
6M horizon supported by higher Uk interest rates as we still project
Bank of England to hike in February. In the very short term, however,
GBP is likely to come under pressure on low inflation prints in the UK
as due to BoE’s explicit concerns about the weak short term inflation
outlook. We forecast GBP/USD at 1.53 in 3M."