I know nothing about them but I tried to find something after Alpari removed the most of the indicatives and shares so I had to find some server in MT4 which is providing indexes and shares.I did not install new MT4 instance - I just used same one - i opened demo account by searching new server inside same MT4 instance.
It may be good to have indexes and shares in MT5 because in my opinion - MT5 is more suitable for technical analysis for example (MT4 is more used for trading for now).
Thanks, in MT5 I don't know any broker with such long history of Bovespa index, so this is a great discovery even using MT4.
I totally agree about use MT4 and/or MT5 for any technical analysis, mainly this concept "good developed technical analysis system = trading system"In this sense, we can imagine a universal EA for MT4/MT5 where you have indicators as parameters, tested on charts and/or strategy tester, to support several trading tactics and strategies.
Or any other blackbox, like Forbes solution you described, to convert technical analysis relevant information complexity to a userfriendly format.
And in my opinon MT4/MT5 are strong systems to develop such solutions.As you told your dream, my one in this area is the following:
A chatbot using a smart system (machine intelligence?) that emulates an analyst and 'talks' with you (using text, charts or speech messages), sending ready technical/fundamental/quantitative/etc analysis and signals suggestions (like your idea about pending orders) and where you can interact with and choose to enable them automatically or manually to execute in your account.
Forum on trading, automated trading systems and testing trading strategies
Forecast for Q2'16 - levels for Bovespa Index
Sergey Golubev, 2016.04.30 16:32
Any expetation is good (expectation for impeachment, and expectation against it) if it is helping to turn the Country Index to the global bullish market condition :)
Just a little update concerning Bovespa Index on weekly chart:
Most likely scenario: bearish reversal or ranging bearish near and below 100 SMA/200 SMA reversal area.
Sergey Golubev, 2016.06.25 09:47
Brexit - "Investors overreacted," University of Michigan business professor Erik Gordon said Friday in an email (adapted from the article)
Weekly price is above 100 SMA/200 SMA on the bullish area of the chart with the ranging within the following support/resistance levels:
If the weekly price breaks 70,940 resistance so the bullish trend will be resumed, and the bearish reversal may eb started from 53,905 support crossing, otherwise - bullish ranging within the levels.
Sergey Golubev, 2017.08.11 09:53
Bovespa Index - intra-day correction; 66,190 is the key (based on the article)
The price on hourly chart is on ranging correction by crossing 100 SMA together with 66,700 support level to below for the correction to be continuing with 66,190 bearish reversal target.
Sergey Golubev, 2017.11.22 06:44
Bovespa Index - daily ranging inside Ichimoku cloud; 76,251 is the key (based on the article)
The price on daily chart is on ranging market condition located inside Ichimoku cloud waiting for the direction of the trend to be started: 76,251 resistance level for the bullish reversal and 71,020 support level for the bearish trend to be resumed.
The chart was made on D1 timeframe with standard indicators of Metatrader 4 except the following indicators (free to download):
Sergey Golubev, 2018.01.12 10:44
Bovespa Index - bullish breakout; 71,441 is the key (based on the article)
Weekly price is on active bullish breakout: the price broke 71,441 resistance level to above in August last year and was moved to 79,895 resistance level trying to break it for the second time for now. If the price breaks this key level so the strong bullish trend will be continuing, otherwise - bullish ranging within the levels.
The chart was made on W1 timeframe with standard indicators of Metatrader 4 except the following indicators (free to download):
Sergey Golubev, 2018.01.15 07:12
Bovespa Index - strong bullish trend; 79,880 is the key (based on the article)
The price on the H1 chart is above 100 SMA/200 SMA rebersal levels - the price is located in the bullish area of the chart for resistance level at 79,880 together with symmetric triangle pattern to be testing to above for the strong bullish trend to be continuing...
The chart was made on H1 timeframe with standard indicators of Metatrader 4 except the following indicators (free to download):
Sergey Golubev, 2018.01.23 07:05
Bovespa Index - daily bullish breakout; 81,965 is the key (based on the article)
Daily price is on bullish breakout to be located above Ichimoku cloud: the price is testing the resistance level at 81,965 to above for the strong bullish trend to be continuing.
Sergey Golubev, 2018.01.31 08:46
Bovespa Index - daily strong bullish breakout; 81,965 is the key (based on the article)
Daily price is on strong bullish breakout: the price is testing the resistance level at 81,965 to above for the bullish trend to be continuing.