Quick Technical Overview: Technical Targets for Dollar Index - daily ranging for direction
is on bullish ranging within 96.42 resistance and 95.44 support levels. If
the price breaks 96.42 resistance level to above so the bullish trend will be resumed with 96.71 target to re-enter, if the price breaks 95.44 support to
the reversal of the price movement from the primary bullish to the ranging bearish condition will be started, otherwise -
the price will be on ranging bullish condition within the levels.
Daily price is located between 100 SMA and 200 SMA on the ranging area of the chart within key support/resistance reversal levels.
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 calculates the quantum frequencies using the current market data. The quantum frequencies are used in Spectrum analysis of automated trading systems to create quantum filters for selecting signals, i.e. skipping trades that are likely to be unprofitable.
How It Works
It analyses the trade results of automated trading system for each frequency (512 frequencies are used). Calculation of the frequency response to search for "profitable" and "unprofitable" f
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 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.
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
Trading Chaos Expert Lite is a light version of Trading Chaos Expert. In the Lite version it is not possible to receive the table of trading signals, automatically place pending orders based on them and maintain open positions for multiple symbols at the same time in one window. Only the Current Chart mode is available. In all other features the panel is fully consistent with the basic version of the Expert Advisor.
This is, rather, a well thought out trader's assistant which is not easy to do
This product is similar to Tick volume analizer Expert Advisor, however it is implemented as an indicator. Release of this product is stipulated by the fact, that it is not possible to run two EAs in the same window.
Tick volume is equal to amount of ticks at the unit of time. There is direct correlation between tick volume and real amount of deals. Every change of the price is a result of a real request to perform a deal. Consequently, fewer requests we have, the less price changes we get, an
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.
The indicator determines and marks the short-term lows and highs of the market on the chart according to Larry Williams` book "Long-term secrets to short-term trading".
"Any time there is a daily low with higher lows on both sides of it, that low will be a short-term low. We know this because a study of market action will show that prices descended in the low day, then failed to make a new low, and thus turned up, marking that ultimate low as a short-term point. A short-term market high is just
ROMAN5 Bollinger Bands TrailingStop includes BreakEven facility. TrailingStop automatically moves the Stop Loss with the Bollinger Bands level. You can place ROMAN5 Bollinger Bands TrailingStop in any chart. It comes with an alert that will sound whenever a new signal appears. It also features an email facility. Your email address and SMTP Server settings should be specified in the settings window of the "Mailbox" tab in your MetaTrader 5.
Bollinger Bands Parameters:
BB Period - The averagin
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
VirtualTradePad - is a contol panel for working with orders in МetaТrader 5 : buy, sell, buystop, buylimit, sellstop, selllimit, close, delete, modify, tralling stop.
VirtualTradePad won 2nd prize in the "Best Control Panel in the MQL5 Language" Contest.
The panel consists of 5 tabs.
VirtualTradePad PositionsStyle VirtualTradePad Ordersstyle VirtualTradePad SignalsStyleDemo version of the panel - VirtualTradePad LiteProfit or Loss PadINFO PadYou can also try this panel for
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 plots horizontal support and resistance levels using grouping of extrema. The levels are displayed as lines whose color depends on how many times the level was a support or resistance line over the specified interval. You can also display counters for support, resistance and age of the level in text format. The age of the level indicates how many bars back the level had the most recent impact on the price (on the chart time frame as specified in the settings). Given the age of the
The Expert Advisor uses the strategy of trading the Fibonacci levels. As the basis for placing a grid, the EA uses the ZigZag indicator (included in the standard MetaTrader delivery).
First, the EA determines the trend direction. To do that, according to the Dow theory, it uses the last two Highs and last two Lows of the ZigZag.
If the last High is higher than the previous and the last Low is higher than the previous, the EA considers the trend to be ascending. If the last High is lower
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
Informer for VPS - report on the state of your account via e-mail. Useful for controlling your Expert Advisors that run on a VPS or a dedicated computer. Information about open positions and last deals for a day, week, month or year grouped by currency pairs.
Adjustable periodicity of reports and depth of deals included in the report. A possibility to add own comment to each report. You will receive reports on e-mail with specified periodicity: from 15 minutes to once a day. The reports are se
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
IShift Lite is a lite version of IShift, and it doesn't include the tick chart.
IShift Lite allows:
perform trade operations directly from the depth of market with a "single touch"; automatically place Stop Loss and Take Profit; move position to breakeven; move Stop Loss along the price; automatically calculate the volume of an order depending on a fixed risk level or a fixed margin level.The program includes a visual help system.
Note: the demonstration version downloaded via the "Demo
This is a panel for controlling the profit/loss in dollars, pips or % of balance. A new function for trailing profits has been implemented.
The panel can be used as a virtual Stop Loss or Take Profit.
It also features the emergency button - CLOSE ALL.
You can also try the full version of the VirtualTradePad for mt5 panel, as well as the Profit or Loss for mt4 panel
Other versions in this collection:
VirtualTradePad for mt5 Digit Market Time Pad Market Time Pad Scalper PadMain f
This is an extended version of Heiken Ashi indicator with the ability to average (smooth) the values for the specified period of bars and select the applied price: considering "Open price" or not. The description is provided in the parameters. Three screenshots are displayed below: standard version (1 bar), 3 bars and 5 bars.
МetaTrader 4 version: https://www.mql5.com/en/market/product/7326
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 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
The main purpose of the indicator is to determine and mark trade signals on the histogram of the Accelerator Oscillator, which were described by Bill Williams in his book "New Trading Dimensions". The list of signals:
The buy signal when the indicator histogram is below the zero line. The sell signal when the indicator histogram is below the zero line.The sell signal when the indicator histogram is above the zero line. The buy signal when the indicator histogram is above the zero line. The
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
Times & Sales is a famous (and old!) trading tool. However, it is not present in MetaTrader 5 as a built-in tool.
DeltaTrader now presents this indicator for MetaTrader! It has the following characteristics:
Two flag modes: FOREX and EXCHANGE
FOREX: black color: last price = 1-Minute opening price / blue color: last price < 1-Minute opening price / green color: last price > 1-Minute opening price. EXCHANGE: black color: last price = between quotes / blue color: last price = bid price / gre
This is an utility for automatic scaling of a chart and making at least 140 bars visible in it. This is necessary for a correct wave analysis according to the Bill Williams' strategy "Trading Chaos". The utility can be used on any timeframe available in МetaТrader 5.
It draws a vertical line through the first bar the calculation starts from. This line allows you to see the probable starting point of the wave sequence along with a sufficient number of bars displayed in the chart. It also makes t
The trade strategy is based on three moving averages. To determine the trend, it uses three exponentially smoothed moving averages: FastEMA, MediumEMA and SlowEMA.
Buy signal: FastEMA>MediumEMA>SlowEMA (upward trend).Sell signal: FastEMA<MediumEMA<SlowEMA (downward trend).Input parameters:
Inp_Signal_ThreeEMA_FastPeriod = 8;Inp_Signal_ThreeEMA_MediumPeriod = 38;Inp_Signal_ThreeEMA_SlowPeriod = 48;Inp_Signal_ThreeEMA_StopLoss = 400;Inp_Signal_ThreeEMA_TakeProfit = 900;Inp_Money
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
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
Economic Releases that Move the US Dollar
As you can probably imagine, we could spend many lessons and multiple
hours going over each of the economic indicators that affect the price
of the US Dollar. It is for this reason, that before getting into any of
the actual indicators, I wanted to give everyone an overview of the
broad things that move the market. As we have discussed in previous
lessons the two broad categories that pretty much everything that moves
the forex market fits into, are trade flows and capital flows, as
covered in module 3 of this course.
Once you have an understanding of this, all that is necessary to
understand how economic numbers move the dollar, is to understand which
numbers are important to the market at the time, whether those numbers
fit into the trade flows or capital flows category, and how they should
affect the dollar as a result.
market reacts to economic releases is generally determined by two
1. How important the market considers a particular release to be.
2. How close to market estimates the number comes in at. Remember that
markets anticipate news, so generally if an economic release comes out
as expected, there is very little if any market reaction to that
How important the market considers a particular economic release to be,
is something that changes over time depending on what is happening from a
US Dollar fundamentals standpoint. If there are worries that the
economy is going into recession, then the market is going to be extra
sensitive to any numbers, such as non farm payrolls and consumer
spending, which may provide early warning signs that this is the case.
Conversely, if the economy is heating up and the markets are worried
that inflation may become a problem, then the most market moving numbers
may be price data releases, such as the CPI and the PPI. For your
reference, according to Dailyfx.com the most market moving indicators
for 2007, in order of importance were:
1. Non Farm Payrolls
2. FOMC Releases
3. Retail Sales
4. ISM Manufacturing
6. Producer Price Index
7. The Trade Balance
8. Existing Home Sales
9. Foreign Purchases of US Treasuries (TIC Data)
We have discussed most of these indicators already, and for those which
we have not, a quick google search, and review of the indicator in the
context of whether it fits into trade flows or capital flows, should
answer the question of why they move the market.
Although I am probably a little biased since I used to work with the
people who run the site, I am a very big fan of Dailyfx.com as the place
where I go to find out what economic data is due for release, and for
commentary on the number after the release. They have a great global
calendar which you can find at the top of the site as well as tons of
both technical and fundamental commentary on everything that affects the
US Dollar and forex market in general.
For this lesson specifically, if you click the calendar button at the
top of the site you will see they have all of the economic data releases
from the major countries of the world with the time of the release, the
previous number, the forecasted number and the actual number which is
updated after the release. You will also notice here they have links for
the more important numbers giving a definition of the release, the
relative importance of the release, and the latest news release relating
to that release.
If you click back to the homepage of the site you will see lots of fx
related reports which the Dailyfx staff puts out throughout the day. Two
of my favorite reports are the Daily Fundamental report by Kathy lien,
and the US Open Market Points by Boris Schlossberg which you can find in
the middle of the page.
As we discussed in module 8 of our basics of trading course, the best
way to get a feel for how economic numbers affect the market, and which
numbers are in focus, is to start following the market on a daily basis
and seeing how it reacts to various news events. As this is the case, I
highly recommend following the commentary on Dailyfx.com as well as the
forex commentary on InformedTrades.com, and start putting your analysis
to practice on your real time demo accounts. If you have not registered
for a free realtime demo account I have included a link above this video
where you can do so.
Forum on trading, automated trading systems and testing trading strategies
Sergey Golubev, 2016.07.09 13:46
Fundamental Weekly Forecasts for Dollar Index, GBP/USD, USD/JPY, AUD/USD, USD/CAD, USD/CNH and GOLD (based on the article)
Dollar Index - "If there is any imbalance in one of these
major regions of the world, it is unlikely that emergent pressures on
the traditional dual mandate will lead the Fed to potentially-risky rate
hikes. On the other hand, if any of these critical areas implode; the
implications for global risk trends could prove a boon for the
Greenback. The Dollar has seen its position as a safe haven intensify
significantly recently with the options for reserve alternatives
diminishing post Brexit (brining the second and third most liquid
reserve currencies – Euro and Pound – down with it). In the event of a sentiment slide that pulls down equity markets like the S&P 500, the need for safe harbor would revive a dormant appetite for the benchmark."
Sergey Golubev, 2016.07.16 11:34
Fundamental Weekly Forecasts for Dollar Index, GBP/USD, USD/CAD, USD/JPY, NZD/USD, AUD/USD, USD/CNH and GOLD (based on the article)
Dollar Index - "Risk trends are a skewed support for the
Dollar. Despite the charge to record high for equities, the Dollar has
not lost the bulk of its post-Brexit surge. That is testament to the
type of haven the Dollar represents (liquidity and primary reserve) as
well as the dubious nature of the relentless and desperate push for
yield. If equities falter and pulls other speculative-directed assets
with it, however, the Dollar would readily draw the masses to its safe
Daily price is on ranging condition to be located near 200 day SMA waiting for the direction of the trend to be started. The price is breaking 200 SMA together with ascending triangle pattern to above for the bullish reversal. Alternative, if the price crosses 95.34 support level to below so the primary bearish trend will be resumed.
Dollar Index: End Of Week Technicals - Bullish To Continue or Correction To Be Started?
This trading week ended with some dilemma: bullish trend to be continuing in case the price breaks 97.32 resistance level, or the secondary correction to be started just in case of support level at 96.79 to be broken to below.------------------
D1 price is on located above Ichimoku cloud for the bullish market condition with the ranging within 97.32/96.79 narrow levels.
is on bullish ranging with 97.21 resistance level to be tested for 97.32 level as a nearest target to re-enter. Chinkou Span line of Ichimoku indicator is located above the price for the bullish trend to be continuing by the direction. Absolute Strength insdicator is estimating the possible bullish breakout in the near future.
SUMMARY : bullish
Sergey Golubev, 2016.07.29 14:51
2016-07-29 12:30 GMT | [USD - GDP]
if actual > forecast (or previous one) = good for currency (for USD in our case)
[USD - GDP] = Annualized change in the inflation-adjusted value of all goods and services produced by the economy.
EUR/USD M5: 31 pips range price movement by U.S. Gross Domestic Product news event
Dollar Index M5: intra-day bearish breakdown by U.S. Gross Domestic Product news event
Sergey Golubev, 2016.08.05 14:53
2016-08-05 12:30 GMT | [USD - Non-Farm Employment Change]
[USD - Non-Farm Employment Change] = Change in the number of employed people during the previous month, excluding the farming industry.
"Total nonfarm payroll employment rose by 255,000 in July, and the unemployment rate was unchanged at 4.9 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in professional and business services, health care, and financial activities. Employment in mining continued to trend down."
EUR/USD M5: 66 pips price movement by Non-Farm Payrolls news event
Dollar Index M5: price movement by Non-Farm Payrolls news event
Sergey Golubev, 2016.08.09 14:45
Staying USD Bearish - Morgan Stanley (based on the article)
Dollar Index: ranging within 100 SMA/200 SMA for direction.
The price is located within 100 SMA/200 SMA for the ranging condition waiting for direction.
Sergey Golubev, 2016.08.13 13:20
Fundamental Weekly Forecasts for Dollar Index, USD/JPY, AUD/USD, USD/CAD, NZD/USD, USD/CNH and GOLD (based on the article)
Dollar Index - "Barring a tangible change in rate forecast – for better or worse –
the Dollar will be difficult to transition to clear trend against the
backdrop of global indecision. The ‘Summer Doldrums’ are discouraging traders from participating
and the Greenback is suffering both for its key liquidity appeal (safe
haven) as well as its unique risk orientation via early rate hikes.
While traders should monitor it for volatility, they should also be
skeptical of trend for the currency."
Daily price is located between 100 SMA and 200 SMA in the ranging bearish area of the chart and within the following s/r levels:
Ascending triangle pattern was formed by the price to be crossed to above for the possible daily bullish reversal.
Dollar Index Intra-Day Technical Analysis - bullish reversal or bearish trend to be resumed?
is on ranging condition located below Ichimoku cloud in the bearish area of the chart. The price is within the following support/resistance levels:
AllAbsolute Strength indicator is estimating the bearish trend to be continuing with the secondary ranging way.
H4 price breaks 94.08 support level on close H4 bar so the primary bearish trend will be resumed.If H4 price breaks 94.96 resistance level so the reversal of the intraday price movement to the primary bullish market condition will be started.If not so the price will be ranging within the levels.
SUMMARY : bearish
Indicators: USDx dollar index
Sergey Golubev, 2013.11.06 15:03
Based on - U.S. Dollar Index - USDX
U.S. Dollar Index (USDX) was introduced in March 1973, when the
Bretton Woods system ceased to exist. The index shows the ratio of U.S.
dollar against a basket of six major world currencies - the euro is
(EUR), Yen (JPY), British Pounds (GBP), Canadian Dollar (CAD), Swedish
krona (SEK) and Swiss Franc (CHF). As part of this basket each currency
has its own weight:
EUR - 57,6%
JPY - 13,6%
GBP - 11,9%
CAD - 9,1%
SEK - 4,2%
CHF - 3,6%
The composition of the basket of 1973 changed only once - in 1999, when the euro was introduced.
At the time of occurrence of the index had a value of 100 points.
Historic lows it reached in March 2008 - 70.7 points, while the maximum
value was recorded in February 1985 - 148.1 points. The index traded at
the time of the global currency markets - 24 hours a day, 5 days a week.
Trading on the Stock Exchange are ICE (Intercontinental Exchange) - The
former New York Mercantile Exchange (NYBOT - New York Board of Trade).
Moreover, the index is presented in the form of various traded
instruments: the exchange funds (exchange traded funds, or ETF), mutual
funds (mutual funds), stock options.
The index is calculated as a weighted geometric mean of the above
mentioned currencies according to the following formula:
USDXt = 50,14348112 x (EURt) -0,576 x (JPYt) 0,136 x (GBPt) -0,119 x
(CADt) 0,091 x (SEKt) 0,042 x (CHFt) 0,036
In the formula, the power coefficients corresponding to the weights of
currencies in the basket. Calculation of the index coincides with the
data used in calculating the Fed trade-weighted dollar index of
currencies of countries which form the main foreign trade turnover of
Most of the international trade in the U.S. accounts for the euro
area (57.6%), followed by Japan - 13.6% United Kingdom - 11.9% Canada -
9.1%, Sweden - and Switzerland 4.2% - 3.6 %.
How to use the dollar index on the forex?
It is important to understand whether you like it or not, dictates that
the U.S. dollar trends of major world currencies, so the index is an
excellent starting point for determining the strength or weakness of
U.S. dollar currency pairs.
As a rule, the change trend of the index leads to changes in the
trends of the currency pairs in which the USD and he is present. For
example, during an uptrend USDX pairs with direct quote will also
increase (eg, USDCHF, USDCAD), a couple from the back - slow down (it
Using technical analysis toolkit, such as candlesticks, support /
resistance levels, moving averages, you can get an idea about the
strength of the U.S. dollar in terms of long-term trends, the possible
long-and short-term reversals, as well as changes in the attitudes of