Forum on trading, automated trading systems and testing trading strategies
Sergey Golubev, 2016.04.01 09:07
Ahead of NFP: Fundamental Forecasts by Bank of America Merrill Lynch, Nordea Bank AB and Skandinaviska Enskilda Banken (adapted from the article)
2016-04-01 08:55 GMT | [USD - Non-Farm Employment Change]
if actual > forecast (or previous one) = good for currency (for USD in our case)
[USD - Non-Farm Employment Change] = Change in the number of employed people during the previous month, excluding the farming industry.
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
Main Pivots is an indicator which looks for pivots points on preset intervals (days, weeks, months, years, etc.). Then all extreme points are checked for splice and consistent support and resistance lines are formed. These lines are useful for detecting the best pivot points.
It finds a pair of pivot lines for each interval which correspond to Low (support line) and High (resistance line) of the price movement on the interval. Difference between these lines represemt the price movement for 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
Rampage EA is a fully automated scalping Expert Advisor based on price level breakthroughs.
The EA does NOT use hedging, martingale, grid strategies, arbitrage, etc.
Rampage EA automatically monitors the appearance of participants with distinct preference towards buying or selling on the market. Trades are conducted on sharp cluster and news based movements of the market. A profit is fixed by the dynamic stepwise algorithm allowing the EA to take a maximum profit. The robot analyzes the market
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
This is an extended version of OsMA that uses 4 colors (rise, fall above 0; rise, fall below 0). You can use 21 variations of the moving average for each of the straight lines uses, as well as for smoothing the total variance, and 11 price options for "fast" and "slow" MAs.
Moving Average types: Simple Moving Average, Exponential Moving Average, Wilder Exponential Moving Average, Linear Weighted Moving Average, Sine Weighted Moving Average, Triangular Moving Average, Least Square Moving Average
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
Averager is intended for averaging your deals that has had a drawdown or had gone against the trend.
An example of operation of the averager in an Exeprt Advisor in the MetaTrader 5 terminal: Exp - TickSniper. The system is identical to the averaging system created for MetaTrader 4. A demo version of the averager for MetaTrader 5: Averager DEMO.Note: this is not an automated trading system (the EA doesn't work in the strategy tester). It monitors your deals and averages them in case o
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
Virtual TrailingStop is an Expert Advisor that manages trailing stop without sending its information to the broker server.
EnableVirtualTrailingStop: enable or disable whole function VirtualTrailingStop: the pip use for determine how far the Virtual Trailing Stop will placed calculated from current price StartFromBreakEven: true/false. If true, Virtual Trailing Stop will placed after breakeven BreakEvenPoint: point profit from order open price where the Virtual T
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
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
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:
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
If you want something as below:
Sell FOREX trading signal. Manage multiple accounts. Follow somebody's trading."TradeCopier_source" and "TradeCopier_follow" can help you!
Copying from one source (master) account to multiple follower (slave) accounts. Allow investor (read only) password for the source (master) account. There are no complicated settings and input parameters, everything is easy. Works with different Brokers. Works with different symbols (EURUSD_FX, eurusd_m
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 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
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
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
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
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.
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
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 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
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
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
The indicator determines the inside bar and marks its High/Low. It is plotted based on the closed candles (does not redraw). The identified inside bar can be displayed on the smaller periods. You may set a higher period (to search for the inside bar) and analyze on a smaller one. Also you can see the levels for Mother bar.
Period to find Inside Bar — the period to search for the inside bar. If a specific period is set, the search will be performed in that period. Al
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
Market Profile defines a number of day types that can help the trader to determine market behaviour. A key feature is the Value Area, representing the range of price action where 70% of trading took place. Understanding the Value Area can give traders valuable insight into market direction and establish the higher odds trade. It is an excellent addition to any system you may be using.
Blahtech Limited presents their Market Profile indicator for the MetaTrader community. Inspired by Jim Dalton’s
Crude Oil Intra-Day Technical Analysis - breakdown with the bearish reversal
is crossing 200 period SMA for the reversal of intra-day price movement from the secondary correction within the bullish trend to the primary bearish market condition: the price is breaking 38.16 support level to below for the breakdown to be continuing. The key reversal support/resistance levels are the following:
RSI indicator is estimating the bearish breakdown to be continuing.
SUMMARY : ranging
Ahead of U.S. commercial crude oil inventories news event: Crude Oil Intra-Day Price Action Analysis - ranging bullish with the correction to be started
M15 price is located to be above 100 period SMA (100 SMA) and 200 period SMA (200 SMA) for the primary bearish market condition. The price is started with the secondary ranging by breaking 50.0% Fibo support level at 38.55 to below with yesterday High Line at 38.37 as the next possible target to re-enter. The price is testing the Weekly low Line at 38.51 to below for the secondary correction to be continuing.
The price is located within the following key s/r reversal levels:
RSI indicator is estimating the ranging bullish condition to be continuing.
If the price will break 37.99
support level so the reversal of intra-day price movement from the primary bullish to the primary bearish market condition will be started. If the price will break 38.79 from below to above so the primary bullish trend will be continuing. If not so the price will be ranging within the levels.
Commercial Crude Oil Invertories decreased by 4.9M barrels from the previous week against the 3.1M forecasts, and the intra-day price for Crude Oil was rised: the 38.79 resistance level was broken to above with good bullish breakdown. The price is testing 30.13 resistance level for the bullish breakout to be continuing.
By the way, on the daily chart - the price is still on the ranging bullish market condition located below 200-day SMA (200 SMA) and within 100 SMA/200 SMA ranging area of the chart. The key reversal s/r levels for the daily price are the following:
If daily price breaks 42.49 resistance level to above so the bullish reversal will be started with 50.86 bullish target to re-enter.If daily price breaks 37.23 support level to below so the primary bearish trend will be continuing withiut secondary ranging with 29.88/27.06 bearish real targets.The medium term forecast for Crude Oil is the following: I think the price will be on the primary bearish market condition for the ranging within 42.49 resistance level and 29.88 support level with the possibility to test 27.06 support by year-end.
Sergey Golubev, 2016.04.09 14:36
Week Ahead: Economic Data, Financial Sector Earnings, Wells Fargo, Crude Oil (based on the article)
"On the earnings front, the focus is likely to be on the big financial stocks, with JP Morgan Chase reporting before the open on Wednesday; Wells Fargo WFC reporting before the open on Thursday, and Citigroup reporting before the open Friday."
"Oil Up? Stocks Rise Too. After searching for a catalyst earlier last week, the stock market seemed to find one on Friday: Oil. The stock market has been correlated closely with oil most of this year, and some of the strength we saw in equities Friday came in part from rising oil prices. Energy stocks were among the leaders, up more than 1.8% by midday Friday. Oil again could be a big factor in the coming week, and it will be interesting to see what the government says about U.S. stockpiles in its weekly supply report Wednesday as the U.S. heads into the spring and summer driving season. There’s also the planned April 17 supplier meeting, when we’ll find out if key OPEC and non-OPEC suppliers can agree on a production freeze."
Crude Oil Technical Analysis 2016, 10.04 - 17.04: bullish daily breakout with 43 resistance as the bullish target to re-enter
Daily price is on bullish breakout to be located above Ichimoku cloud and Senkou Span line which is the virtual border between the primary bearish and the primary bullish trend on the chart. The price is breaking 43.00 resistance level to above for the bullish trend to be continuing. The bearish reversal level at 37.23 is located to be inside Ichimoku cloud, but, anyway - Absolute Strength indicator is estimating the bullish trend to be continuing in the near future so the bearish daily reversal is very unlikely in this situation for example.
If D1 price will break 37.23
support level on close bar so the reversal of the price movement from the primary bullish to the ranging bearish market condition will be started with 31.78 level to re-enter.If D1 price will break 43.00
resistance level on close bar from below to above so the bullish trend will be continuing.If not so the price will be on ranging within the levels.
SUMMARY : daily bullish breakout
Crude Oil Medium-Term Technical Analysis: ranging near 200 SMA waiting for fundamental news for direction
The price is located near 200-day SMA (200 SMA) and below 100-day SMA (100 SMA) on the
border between the primary bullish and the ranging bearish trend on the
chart within the following narrow support/resistance levels:
RSI indicator is estimating the secondary ranging market condition.
Crude Oil Intra-Day Technical Analysis - breakdown with intra-day bearish reversal
H4 price is on the secondary correction which was started today morning because of Doha talks fail: the price broke key support level to be stopped near 100 SMA/200 SMA reversal area and near above 39.92 support bearish reversal level. If this 39.92 level will be broken by the price to below on close bar so the intra-day bearish reversal will be started, otherwise - ranging bullish.
SUMMARY : correction
Crude Oil Intra-Day Technical Analysis - bullish trend to be continuing in case of 43.83 resistance to be broken
H4 price is on bullish ranging condition within the following key support/resistance levels:
RSI indicator is estimating the bullish trend to be continuing in the near future.
SUMMARY : bullish
Sergey Golubev, 2016.04.20 16:55
U.S. commercial crude oil inventories news event: Crude Oil Intra-Day Price Action Analysis - intra-day bullish trend to be continuing in the future with 44.89 level as a target
2016-04-20 14:30 GMT | [USD - Crude Oil Inventories]
[USD - Crude Oil Inventories] = Change in the number of barrels of crude oil held in inventory by commercial firms during the past week.
commercial crude oil inventories (excluding those in the Strategic
Petroleum Reserve) increased by 2.1 million barrels from the previous
week. At 538.6 million barrels, U.S. crude oil inventories are at
historically high levels for this time of year. Total motor gasoline
inventories decreased by 0.1 million barrels last week, but are well
above the upper limit of the average range. Finished gasoline
inventories increased whileblending components inventories decreased
last week. Distillate fuel inventories decreased by 3.6 million barrels
last week but are well above the upper limit of the average range for
this time of year. Propane/propylene inventories rose 1.2 million
barrels last week and are above the upper limit of the average range.
Total commercial petroleum inventories decreased by 0.4 million barrels
Crude Oil M5: breakout with bullish reversal.
The price broke 200 SMA/100 SMA reversal area to above on the recent
commercial crude oil inventories news event for now: price was
reversed to the primary bullish market condition with 43.75 resistance
level for the bullish trend to be continuing, otherwise - ranging.
Crude Oil H4: ranging bullish. The price is on bullish ranging condition within the following key support/resistance levels:
RSI indicator is estimating the ranging bullish trend to be continuing in the near future.