Hang Seng Index Technical Analysis 2016, 10.04 - 17.04: ranging within narrow reversal levels for direction
is located near SMA with period 100 (100 SMA) and below SMA with the period
200 (200 SMA) for the ranging within the narrow key reversed levels:
RSI indicator is estinating the possible bullish reversal in the future.
SUMMARY : ranging
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.
There are 6 criteria of cluster generation:
Time interval, the criterion is set in seconds. Price range, the criteri
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 allows you to enjoy the two most popular products for analyzing request volumes and market deals at a favorable price:
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Envelopes or channel lines are set parallel to the Moving Average (to the slow MA if you use two MAs). The two channel lines must contain approximately 95% of all prices for the past two or three months on a daily chart, with only the extremes protruding outside. Channel lines provide attractive profit targets - sell longs near the upper line and cover shorts near the lower line.
The AutoEnvelope is a custom indicator - an original tool that automatically selects channels width by calculating a
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
Fractal robot is working with classic Fractal indicator. Fractals data is used from several timeframes. In this way, robot puts a pending order at more reliable level and hold it eight days. If an order was not reached, it will be deleted. The strategy is simple but very reliable. It works reliably without martingale, grid or hedge, also there are no big stops. It best works on EURUSD M15. Stop loss - Take profit ratio is 1:1 (sl14, tp14).
The EA best works on EURUSD M15. It is
The Number Levels indicator plots the levels of round numbers on the chart, which can be identified as the support and resistance levels.
The indicator implements the ability to set the interval between the round number levels For example, if you set HL1 = 1.00000, and HL2 = 1.05000, then the lines will be drawn every 500 points.
Important! To plot the round number levels for two or more different levels, it is necessary and sufficient to set different names to them in the indicator parameters
S2 Trend At Wavelet is designed to eliminate the noises on the Price Chart. A clear picture of the market flow will be seen due to the elimination of the unnecessary variations on the chart.
Capabilities of S2 Trend:
Chart End could be shifted to any desired point by Market End Line; A desired Scale could be used by selecting Scale Menu and the result will be shown on the chart; A separate diagram on the Main Chart could be shown by using Chart window's check box; Graphical representation
PipTick VSA is based on the original Volume Spread Analysis method. It was designed for quick and easy recognition of VSA patterns. Even though this indicator looks very simple, it is the most sophisticated tool that we've ever made. PipTick VSA indicator is a really powerful analytical tool that generates very reliable trading signals. Because it is very user friendly and understandable, it is suitable for every type of trader, regardless of his experience.
What is VSA?
VSA - Volume Spread An
Veno EA MT5 is a safe and fully automated medium-term trading robot.
The EA does NOT use hedging, martingale, grid strategies, arbitrage, etc.
Veno Expert System MT5 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. The robot analyzes the market volumes and volatility, and follows strong supply and demand movements. It smoothly sets breakeven level
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 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
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
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
Support and Resistance are the important price levels to watch out during intraday market. These price levels are often tested before development of new trend or often stop the existing trend causing trend reversal at this point. Highly precise support and resistance are indispensable for experienced traders. Many typical trading strategies like breakout or trend reversal can be played well around these support and resistance levels. The Precision Support and Resistance are highly accurate suppo
FULL Automatic is a fully autonomous trading robot for MetaТrader 5 without configurable parameters.
It is similar to SAFE Automatic robot intended for traders having no knowledge of trading basics. It works in Low, Medium, High and Extremal trading modes.
The EA applies modified versions of well-known strategies, including Elliott waves, following a trend, half-pyramiding, scalping, speculative trading with a double deposit protection. The EA switches the strategies automati
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 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
Fast Copy MT5 allows you 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
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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 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
This software has no equals in the world and represents a universal trade "console" covering trading signals, automated market entry, setting of Stop Loss and Take Profit, as well as Trailing Profit for multiple trades at the same time in a single open window. Intuitive control of the Expert Advisor in "three clicks" ensures a comprehensive use of all its functions on different computers, including tablets PCs.
Interacting with additional signal indicators that mark the chart to give a real mar
FXG_Info – the most important data in one place.
MetaTrader 5 Indicator FXG_Info provides basic statistical information about a particular currency pair. So that in combination with a chart representing currency price it is easy to determine whether the current situation is good for trading. And when you open a position it will clearly show you the current data such as SL, TP, RR. You are not limited to currency. You can use any market which is provided by you broker.
The following information
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
This Indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With only ONE chart you can read Currency Strength for 28 Forex pairs! Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity?
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Arrows in sub-window to show strong currency momentum GAP will guide your trading! Warning signs
Tired of plotting trendlines? The PZ TrendLines MT5 indicator applies a mechanical approach to the construction of trend lines for you!
It can draw up to 18 trendlines Trendlines can be optionally based on fractals Each line represents a breakout level Each trendline can be broken or rejected Configurable amount of lines Configurable colors
Arturo López Pérez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.
The indicator is based on the comparison of the correlation of trading instruments following an original algorithm. It determines the difference between correlated contracts (delta). The greater the difference, the more it is likely that this Delta will return to zero.
More suited to the FORTS market.
The greater the deviation from zero, the more it is likely that the price will return to zero. Also, the indicator divergence can be applied by comparing highs and lows.
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.
ReverseTrade=false — trades opens in reverse direction if true. ExitOnBar=true — trades close on each bar only. spreadcover=false — Spread you pay includes in profit trades. It's like trade with zero spread but you should remember that it can decrease exact match between tester's result and live one. It
This indicator provides tick volume delta analysis on M1 timeframe. It monitors up and down ticks and sums them up as separate volumes for buys and sells, as well as their delta volumes, and volume clusters on price scale within a specified number of bars. This indicator is similar to VolumeDeltaMT5, which uses almost the same algorithms but does not process ticks and therefore cannot work on M1. This is the reason for VolumeDeltaM1 to exist. On the other hand, VolumeDeltaMT5 can show its signal
Forecast for Tomorrow - levels for Hang Seng Index
Hang Seng Index (HSI): bullish breakout.
The price (H4 timeframe) is on bullish breakout which was started in
the beginning of the last week: price broke key resistance levels on the
way from Senkan Sen line to 21548 resistance level which seems to be
'top' level for now. So, there are 3 scenarios for the price movement
for the week:
Span line is located above the price for the bullish ranging condition
to be started, and Absolute Strength indicator is estimating the ranging
condition in the near future as well.
Hang Seng Index Technical Analysis 2016, 24.04 - 01.05: bullish ranging within new narrow s/r levels
Daily price is on bullish market condition located above Ichimoku cloud: the price is ranging within narrow support/resistance levels for the bullish trend to be continuing or for the secondary correction to be started. There are the folllwing key s/r levels:
If D1 price will break 21,025
support level on close bar so the local downtrend as the secondary correction within the primary bullish trend will be started.If D1 price will break 20,128
support level on close bar so we may see the reversal of the price movement from the primary bullish to the ranging bearish market condition.If D1 price will break 21,666
resistance level on close bar so the bullish trend will be continuing without ranging.If not so the price will be on ranging within the levels.
SUMMARY : bullish
Quick Technical Overview - Hang Seng Index: ranging near 200-day SMA waiting for direction of the trend
Daily price is on bullish ranging near 200-day SMA 'reversal' level waiting for direction:
Forum on trading, automated trading systems and testing trading strategies
Something Interesting in Financial Video May 2016
Sergey Golubev, 2016.05.02 14:41
What is The Hang Seng Index?
The Hang Seng is the most widely quoted barometer for the Hong Kong
economy. Because of Hong Kong's status as a special administrative
region of China, there are close ties between the two economies and many
Chinese companies listed on the Hong Kong Exchange. The Hang Seng
Index is maintained by a subsidiary of Hang Seng Bank, and has been
published since 1969. The index aims to capture the leadership of the
Hong Kong exchange, and covers approximately 65% of its total market
capitalization. The Hang Seng members are also classified into one of
four sub-indexes based on the main lines of business including commerce
and industry, finance, utilities and properties.
Hang Seng Index Technical Analysis: key support level at 19,891 to be broken for the bearish reversal
is located below 200-day SMA for the 100-day SMA crossing to below with the 19,891 level to be broken for the bearish reversal to be started without ranging.
Hang Seng Index Technical Analysis 2016, 15.05 - 22.05: bearish ranging breakdown
Daily price is on breakdown with bearish reversal: the price broke Ichimoku cloud to below for the reversal of the price movement from the primary bullish to the primary bearish market condition. The price is testing 19,561 support level for the bearish breakdown to be continuing.
Weekly price is on bearish condition located below 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 on ranging within 21,666 'bullish reversal' resistance and 18,221 'bearish continuation' support levels waiting for direction of the trend.
If D1 price will break 19,561
support level on close bar so the bearish breakdown will be continuing up to 18,221 as the next target.If D1 price will break 20,447
resistance level on close bar from below to above so the reversal of the price movement
from the primary bearish to the ranging bullish condition will be
started.If not so the price will be on ranging within the levels.
SUMMARY : ranging breakdown
Hang Seng Index Technical Analysis 2016, 22.05 - 29.05: bearish ranging within narrow s/r levels waiting for breakdown or breakout
is on bearish market condition located to be below 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 ranging within narrow support/resistance levels waiting for breakdown or breakout of the price movement for direction of the trend to be established. Ascending triangle pattern was fomred by the price to be crossed to above for the secondary rally to be started, and Absolute Strength indicator is estimating the ranging condition to be continuing with possible bear market rally in the near future.
If D1 price will break 19,451
support level on close bar so the bearish trend will be continuing up to the next bearish target.If D1 price will break 20,019
resistance level on close bar from below to above so the local uptrend as the bear market rally will be started with the good possibility to the bullish reversal in the secondary ranging way.If not so the price will be on ranging within the levels.
Hang Seng Index Technical Analysis 2016,
29.05 - 05.06: daily bearish with ranging near bullish reversal level
is located within 100 SMA/200 SMA reversal area and below 200-day SMA for the ranging bearish market condition. The price is on ranging within the following support/resistance levels:
The price is trying to break ascending triangle pattern together with 20,661 resistance to above for the 26-day high at 20,989 as the next target. Alterbative, if the price breaks 19,992 support and 19,693 support to beow so the primary bearish trend will be continuing with 26-day low at 19,451 as the target.
If D1 price will break 19,451
support level on close bar so the bearish trend will be continuing.If D1 price will break 20,989
on close bar from below to above so the reversal of the price movement from the ranging berarish to the primary bullish trend will be started.If not so the price will be on bearish ranging within the levels.
Hang Seng Index Technical Analysis 2016, 05.06 - 12.06: one-month high at 20,837 to be broken for the daily bullish reversal
is located within 100 SMA/200 SMA reversal area and below 200-day SMA
for the ranging bearish market condition. The price is on ranging within the following support/resistance levels:
If D1 price will break 20,045
support level on close bar so the bearish trend will be continuing without secondary ranging up to one-month low at 19,451 target.If D1 price will break 20,837
on close bar from below to above so the reversal of the price movement
from the ranging berarish to the primary bullish trend will be started.If not so the price will be on bearish ranging within the levels.
Hang Seng Index Technical Analysis 2016, 12.06 - 19.06: daily breakdown with the bearish reversal
is breaking Ichimoku cloud to be reversed from the primary bullish to the primary bearish market condition: the price is testing 20,289 support level to below for the bearish breakdown to be continuing.
If D1 price will break 20,289
support level on close bar so the breakdown will be continuing with the bearish reversal to be started.If D1 price will break 20.559
on close bar from below to above so the bullish trend will be resumed.If not so the price will be on bearish ranging within the levels.
SUMMARY : breakdown