Daily price is on bearish breakdown: the price broke 100 period SMA (100 SMA) and 200 period SMA (200 SMA) from above to below to be reversed from the primary bullish to the primary bearish market condition. The price is breaking Fibo support level at 120.33 to below on daily bar for the bearish breakdown to be continuing with Fibo support at 118.34 as the next bearish target.
There are the following key bullish reversal resistance levels for daily chart:
RSI indicator is estimating the
bearish breakdown to be continuing.
Weekly price is on bullish market condition located above 100
period SMA (100 SMA) and above 200 period SMA (200 SMA). The price is ranging
within the following key support/resistance levels:
The weekly price came to be very close to break 50.0% Fibo support level at 119.93 to below with 116.13 as the next target.
Monthly price is on bullish condition for the ranging within the following key support/resistance levels:
Descending triangle pattern was formed by the price to be crossed for 100.82 level as the target, and RSI indicator is estomating the local downtrend as the secondary correction to be be started in the near future.
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.
This indicator draws the Keltner Channel using the rates chart calculated from any other timeframe.
The available Moving Averages are:
Simple Moving Average Exponential Moving Average Smoothed Moving Average Linear Weighted Moving Average Tillson's Moving AverageMoving Average line is coded into RED or BLUE according to its direction from the previous candle.
Example: User can display the Keltner Channel calculated on the basis of a Daily (D1) chart on a H4 chart.
NOTE: Timeframe must
This is a classical trading strategy, which falls into the category of breakout systems. They form support and resistance levels, which temporarily limit further price movement. When the price breaks down the support level or breaks up the resistance level, there emerges a strong momentum in the breakout direction, which allows to make profit on strong price movements with moderate risk.
To create the strategy, we used historical data with the quality of history of 99.9%.
It uses filtration o
The indicator consists of the two parts – entry system displayed on the chart and currency power analyzer.
The analyzer can take on values from 0 to 3:
the higher the value, the stronger the currency; the smaller the value, the weaker the currency; average values of the indicator suggest that the currency is in flat.Recommendations on usage:
Buy if Trader Dream shows Buy signal and the analyzer shows the currency's strength (the value exceeds 2). Sell if Trader Dream shows Se
The indicator is based on the digital window-sinc filter with an excellent frequency division. Due to this property you can get a very smooth indicator line.
The indicator has three lines: the central line indicates the main trend direction and the "fair" price, the other two lines show the price range. When the central line is read, it is recommended to buy from the bottom line and close a position above the central line. When the line is blue, do the opposite - sell from the upper line and cl
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 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
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
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
Trade in the opposite directions with HedgeTerminalApi library!
HedgeTerminalApi is a program interface allowing you to use HedgeTerminal virtualization technologies in your robots and scripts. With HedgeTerminalApi, you are able to trade in the opposite directions when two or more trading algorithms occupy opposite positions on a single symbol. The library allows robots to track their positions even if these positions overlap entirely or partially. Moreover, with this library, you are able to
Unique "scalping" trend indicator with the feature of multi-layered smoothing of the resulting lines and a wide selection of parameters. It helps determine a probable change in the trend or a correction virtually near the very beginning of the movement. The toggled intersection arrows are fixed and appear at the opening of a new bar, but, with enough experience, it is possible to look for entry opportunities as soon as the indicator lines intersect at the unfinished bar. The signal appearance li
This is a convenient tool for measuring the number of points between prices. It support magnetizing to OHLC prices. Calculates profit considering specified lot size and spread (optionally). It counts the number of bars between specified point and the time difference between them. Calculates the slope angle from the horizontal position. Unneeded parameters can be hidden. It does not occupy much space when inactive.
Once you add the indicator on the chart, Ruler caption will appear (according to
This indicator searches for candlestick patterns. Its operation principle is based on Candlestick Charting Explained: Timeless Techniques for Trading Stocks and Futures by Gregory L. Morris.
If a pattern is detected, the indicator displays a message at a bar closure.
This indicator is a complete analog of the Candle Pattern Finder indicator for MetaTrader 4
It recognizes the following patterns: Bullish/Bearish (possible settings in brackets):
Hammer / Shooting Star (with or without confi
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
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
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.
Energy Beam with Swing Control
Strategy: Confirm swing pullback signals Watch Video: (Click Here)Energy Beam with Trend Laser
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
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 displays harmonic patterns on the chart based on Dynamic ZigZag (https://www.mql5.com/en/market/product/5357) and is almost a complete analog of one of the versions of well-known korHarmonics. The indicator recognizes the following patterns and their varieties: ABCD, Gartley (Butterfly, Crab, Bat), 3Drives, 5-0, Batman, SHS, One2One, Camel, Triangles, WXY, Fibo and Vibrations. Only display of ABCD and Gartley patterns is enabled in the settings by default. The reverse line allows d
This is a panel for controlling the profit/loss in dollars, pips or % of balance. The panel can be used as a virtual Stop Loss or Take Profit. It also features the emergency button CLOSE ALL.
Other versions in this collection:
VirtualTradePad PositionsStyle VirtualTradePad Ordersstyle VirtualTradePad SignalsStyle VirtualTradePad Lite demo version Digit Market Time Pad Market Time Pad Scalper PadMain Features:
The panel can work only on its own symbol (Current Symbol) or consider the
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 automatically draws Wolfe waves.
The indicator uses Wolfe waves found in three timeframes. This indicator is especially accurate because it waits for a breakout in the wave direction before signaling the trade.
Recommended timeframe: М1.
Amazingly easy to trade. The indicator is able to recognize all the patterns of Wolfe waves in the specified period interval. It is a check of potential points 1,2,3,4,5 on every top, not only the tops of the zigzag. Fin
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
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.
Language of messages displayed (EN, RU, DE, FR, ES) - language of the output messages (English, Russian, German, French, Spanish). Price for open - open price. If set to
Is position management time consuming? The Trade Manager Pro EA performs an automatic and flawless position management for you, avoiding human errors and enhancing your trading activity. It represents a ten-fold increase in trading productivity!
Capital preservation is top priorityLet profits run without your attentionEnjoy risk-free trades as soon as possibleIt trails the stop-loss automatically
Initial SL and TP are also automatic
The EA performs the following tasks
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
The indicator generates early signals basing on ADX reading data combined with elements of price patterns.
Works on all symbols and timeframes.
The indicator does not redraw its signals. You see the same things on history and in real time.
For better visual perception signals are displayed as arrows (in order not to overload the chart).
The indicator is a complete analogues of the Trend Monitor indicator for MetaTrader 4
The best results are obtained when the indicator works o
Robust median renko style indicator for creating custom charts resembling median renko, mean renko, turbo renko and better renko candles as well as vanilla renko with wicks plus PointO charts. This all in one package provides all of the signals needed by day traders, scalpers and even long term traders.
Indicator is an overlay on the main chart so it is possible to utilize one click trading and order manipulation directly on the custom charts. Visual order placement is also
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:
Here is the product, which truly reveals all the computing and graphical capabilities of the MetaTrader terminal.
The TrendNavigator indicator helps you take the most effective trading decisions, features stunning accuracy, unlimited graphical capabilities and highly developed notification service.
3D graphics 4 unique trend determining algorithms 5 types of notifications of trend change which appear as Buy and Sell signals Very high accuracy Shows local lows and highs Free notification
USD/JPY Intra-Day Fundamentals - Retail Sales and 32 pips price movement
2015-12-27 23:50 GMT | [JPY - Retail Sales]
if actual > forecast (or previous one) = good for currency (for JPY in our case)
USDJPY M5: 32 pips price movement by JPY - Retail Sales news event :
Forum on trading, automated trading systems and testing trading strategies
Sergey Golubev, 2016.01.03 13:06
USDJPY Price Forecast Q1 2016 (based on the article)
In summary, 'long term technical
observations reveal a potential inflection point in the USD/JPY
exchange rate. Trading behavior in 2016 may look quite different from
what traders have seen over the last 4 years.'
Sergey Golubev, 2016.01.13 14:58
Intra-Day Fundamentals - China CGAC Trade Balance and 67 pips price movement for majors
2016-01-13 02:00 GMT | [CNY - CGAC Trade Balance]
if actual > forecast (or previous one) = good for currency (for CNY in our case)
[CNY - CGAC Trade Balance] = Difference in value between imported and exported goods during the previous month. Export demand/currency demand are directly linked with each other: foreigners buy the domestic currency to pay for the exports.
EURUSD M5: 14 pips price movement by CNY - CGAC Trade Balance news event :
GBPUSD M5: 11 pips price movement by CNY - CGAC Trade Balance news event :
USDJPY M5: 31 pips price movement by CNY - CGAC Trade Balance news event :
USDCHF M5: 11 pips price movement by CNY - CGAC Trade Balance news event :
Sergey Golubev, 2016.01.14 10:13
D1 price is on primary bearish market condition:
SUMMARY : bearishTREND : breakdown of support levels
USDJPY Technical Analysis 2016, 17.01 - 24.01: daily bearish breakdown to be continuing
Daily price was on the bearish breakdown: price crossed key support levels together with 100 day SMA/200 day SMA, and it was stopped by 116.13 support level to be started with the ranging within 116.13/119.16 ranging area.
If D1 price will break 116.13
support level on close bar so the bearish breakdown to be continuing.If D1 price will break 119.16
resistance level on close bar so we may see the local uptrend as the bear market rally within the primary bearish condition.If D1 price will break 123.66
resistance level on close bar so the price will be reversed to the primary bullish trend.If not so the price will be on ranging within the levels.
SUMMARY : bearish breakdown
Sergey Golubev, 2016.01.19 08:51
USD/JPY Intra-Day Fundamentals: China Gross Domestic Product and 27 pips range price movement
2016-01-19 02:00 GMT | [CNY - GDP]
[CNY - GDP] = Change in the inflation-adjusted value of all goods and services produced by the economy.
USDJPY M5: 27 pips range price movement by CNY - GDP news event :
Market Condition Evaluation based on standard indicators in Metatrader 5
Sergey Golubev, 2016.01.19 16:48
Forecast for Tomorrow: intra-day levels for USD/CAD, EUR/USD, USD/JPY
USD/CAD: ranging bullish. This pair is
ranging to be above Ichimoku cloud within key support/resistance levels to be broken for the bullish trend to be continuing or for possible bearish reversal to be started.
EUR/USD: ranging for direction.
The price for the pair is located above and near Ichimoku cloud for the bullish market condition ranging on the border between the bearish/bullish reversal area waiting for the direction of the trend.
USD/JPY: waiting for big news to start big movement. Intra-day H4 price is located inside Ichimoku cloud and near 'reversal' Senkou Span line (which is the virtual border between the primary bearish and the primary bullish trend on the chart) and with the symmetric triangle pattern which was broken by the price to above for the possible bullish trend to be started.The price is ranging within 118.10/117.00 as intermediate s/r levels and within 118.83/116.50 as the key s/r levels.
Sergey Golubev, 2016.01.25 09:39
USD/JPY Intra-Day Fundamentals: Trade Balance and 26 pips price movement
2016-01-24 23:50 GMT | [JPY - Trade Balance]
[JPY - Trade Balance] = Difference in value between imported and exported goods during the reported month.
USDJPY M5: 26 pips price movement by JPY - Trade Balance news event
Sergey Golubev, 2016.01.27 20:32
USD/JPY Intra-Day Fundamentals: Federal Funds Rate and 35 pips price movement
2016-01-27 19:00 GMT | [USD - Federal Funds Rate]
if actual > forecast (or previous one) = good for currency (for USD in our case)
[USD - Federal Funds Rate] = Interest rate at which depository institutions lend balances held at the
Federal Reserve to other depository institutions overnight.
"Committee is closely monitoring global economic and financial
developments and is assessing their implications for the labor market
and inflation, and for the balance of risks to the outlook."
USDJPY M5: 35 pips price movement by Federal Funds Rate news event
Sergey Golubev, 2016.01.29 07:30
USD/JPY Intra-Day Fundamentals: BOJ Monetary Policy Statement and 252 pips price movement
2016-01-29 03:38 GMT | [JPY - BOJ Monetary Policy Statement]
[JPY - BOJ Monetary Policy Statement] = It's among the primary tools the BOJ uses to communicate with investors
about monetary policy. It contains the outcome of their decision on
asset purchases and commentary about the economic conditions that
influenced their decision.
USDJPY M5: 252 pips price movement by BOJ Monetary Policy Statement news event