Daily price was started to be ranging after Brexit breakdown located below Ichimoku cloud in the primary bearish area of the chart, and within the following key support/resistance levels:
Span line is below the price indicating the ranging bearish market condition for the week, Trend Strength indicator is estimating the bearish trend, and Absolute Strength indicator is for the possible secondary rally to be started within the primary bearish market condition.
If D1 price break 1.0911
support level on close bar so the bearish trend will be continuing.If D1 price break 1.1427
resistance level on close bar from below to above so the reversal of the price movement
from the ranging bearish to the primary bullish condition will be
started.If not so the price will be on ranging within the levels.
SUMMARY : bearish
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
DeltaVolumeDistribution indicator can be considered as the fusion of the DeltaVolume and TradeSizeDistribution indicators.
This indicator, inspired by the MarketDelta-family charts, computes the net difference between trades occurring at bid and at ask, while trades occurring between bid and ask quotes are not computed. The indicator plots the resulting DeltaVolume as a unique distribution plot.
With the DeltaVolumeDistribution indicator you will actually be able to see the order flow entering
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
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
The Heiken Ashi indicator drawn using a tick chart. It draws synthetic candlesticks that contain a definite number of ticks.
option prices - price option. It can be Bid, Ask or (Ask+Bid)/2. the number of ticks to identify Bar - number of ticks that form candlesticks. price levels count - number of displayed price levels (no levels are displayed if set to 0 or a lower value). calculated bar - number of bars on the chart.Buffer indexes: 0 - OPEN, 1 - HIGH, 2 - LOW, 3 - CLOSE.
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
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
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
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 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.
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
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
The indicator displays the current market information about the recent trades (their direction and volume).
BackColor - general background color of the indicator; AboveAskBackColor - background color of the line with information about the last trade in case it was performed at the price above Ask; AboveAskFontColor - color of the text entered in the line with information about the last trade in case it was performed at the price above Ask; AtAskBackColor - background color of the
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
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
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
This indicator allows you to enjoy the two most popular products for analyzing request volumes and market deals at a favorable price:
Actual Depth of Market Chart Actual Tick Footprint Volume ChartThis product combines the power of both indicators and is provided as a single file.
The functionality of Actual COMBO Depth of Market AND Tick Volume Chart is fully identical to the original indicators. You will enjoy the power of these two products combined into the single super-indicator!
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 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 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
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
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
The indicator displays economic news on the currency chart (the appropriate data must be downloaded from the Internet - please see the download instructions on the screenshots provided). The list of currencies (countries) is customizable. By default it shows all currencies. The main parameters come with a built-in description. In addition, there are parameters for advanced users. News items are divided into 3 categories by degree of importance. There is a great flexibility in display parameter s
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
MetaCOT 2 is a set of indicators and specialized utilities for the analysis of the U.S. Commodity Futures Trading Commission reports. Thanks to the reports issued by the Commission, it is possible to analyze the size and direction of the positions of the major market participants, which brings the long-term price prediction accuracy to a new higher-quality level, inaccessible to most traders.
These indicators, related to the fundamental analysis, can also be used as an effective long-term filte
Ichimoku Kinko Hyo is a purpose-built trend trading charting system that has been successfully used in nearly every tradable market. It is unique in many ways, but its primary strength is its use of multiple data points to give the trader a deeper, more comprehensive view into price action. This deeper view, and the fact that Ichimoku is a very visual system, enables the trader to quickly discern and filter "at a glance" the low-probability trading setups from those of higher proba
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
CandleTimer is an indicator that can be usable for scalper and short-term traders. It shows the following useful information:
Remaining and past time of a candle on the current chart or other timeframe Alarm setting for play sound at the start of the current candle Show SL/TP line defining whether the indicator has a Sell or Buy order or both Show a spread value Show Ask and Bid lines in different colors in high and low spread Compatible with a money management EA (you can buy it separat
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
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
Forum on trading, automated trading systems and testing trading strategies
Sergey Golubev, 2016.07.04 09:47
EUR/USD Intra-Day Fundamentals: Spanish Unemployment Change and 16 pips range price movement
2016-07-04 07:00 GMT | [EUR - Spanish Unemployment Change]
if actual < forecast (or previous one) = good for currency (for EUR in our case)
[EUR - Spanish Unemployment Change] = Change in the number of unemployed people during the previous month.
EUR/USD M5: 16 pips range price movement by Spanish Unemployment Change news event
Sergey Golubev, 2016.07.04 18:47
EUR/USD Weekly Outlook: 2016, July 03 - July 10 (based on the article)
in the post-Brexit week, but basically did not go too far. More PMIs as
well as the postponed ECB meeting minutes are eyed. Will EUR/USD choose
a new direction? Here is an outlook for the highlights of this week.
Sergey Golubev, 2016.07.05 09:31
is located near and below 200
period SMA (200 SMA) for the bearish ranging near bullish reversal. The price is on ranging within the following key s/r levels:
Bullish reversal level for H4 timeframe is 1.1168, and if the price breaks this level to above so the reversal of the price movement from the ranging bearish to the primary bullish trend will be started
Daily price. United Overseas Bank is considering for EUR/USD to be on the bearish market condition with 1.0813 key support level:
"The current short-term consolidation/correction phase is taking longer
than expected as EUR continues to hold above the 1.1095/00 support.
Downward momentum is beginning to show signs of slowing but as long as
1.1210 is intact, we are not giving up on our bearish view just yet.
That said, the prospect for a sustained down-move has clearly dimmed and
EUR has to move and stay below 1.1095 within these couple of days or
the risk of an interim low would continue to increase."
Sergey Golubev, 2016.07.05 16:47
EUR/USD Intra-Day Fundamentals: U.S. Factory Orders and 25 pips price movement
2016-07-05 14:00 GMT | [USD - Factory Orders]
if actual > forecast (or previous one) = good for currency (for USD in our case)
[USD - Factory Orders] = Change in the total value of new purchase orders placed with manufacturers.
U.S. factory orders fall, but unfilled orders increase :
EUR/USD M5: 25 pips price movement by U.S. Factory Orders news event
Sergey Golubev, 2016.07.06 12:00
Bank of America Merrill Lynch - "We now expect EUR/USD to end 2016 at 1.05" (adapted from the article)
Bank of America Merrill Lynch predicted for EUR/USD price to be around 1.05 by 2016 year end, and at 1.10 by by the end of 2017:"We revised our projections following the UK referendum. We now expect EUR/USD to end 2016 at 1.05, from
1.08 before, appreciating to 1.10 by the end of 2017, from 1.15 before.
These projections will still keep the Euro undervalued, but not
substantially, compared with our equilibrium EUR/USD estimate of 1.16.
In our view, a much weaker Euro would affect the Fed’s policy reaction
function, as the US data remains mixed, recently losing momentum."
If we look at the weekly chart so the price is located on the bearish market condition with the ranging within 1.1455 resistance level and 1.0936 support level. Breaking the resistance at 1.1455 will lead to the ranging bearish condition by the bear market rally up to the possible weekly bullish reversal. Alternative, if the price breaks 1.0936 support to below on close weekly bar so the primary bearish trend will be continuing up to 1.0516 support level as a the end-year bearish target.
Sergey Golubev, 2016.07.06 15:27
EUR/USD Intra-Day Fundamentals: U.S. Trade Balance and 17 pips price movement
2016-07-06 12:30 GMT | [USD - Trade Balance]
[USD - Trade Balance] = Difference in value between imported and exported goods and services during the reported month.
EUR/USD M5: 17 pips price movement by U.S. Trade Balance news event
Sergey Golubev, 2016.07.06 20:03
EUR/USD Intra-Day Fundamentals: ISM Non-Manufacturing PMI and 35 pips price movement
2016-07-06 14:00 GMT | [USD - ISM Non-Manufacturing PMI]
[USD - ISM Non-Manufacturing PMI] = Level of a diffusion index based on surveyed purchasing managers, excluding the manufacturing industry.
"The report was issued today by Anthony Nieves, CPSM, C.P.M., CFPM, chair of the Institute for Supply Management® (ISM®) Non-Manufacturing Business Survey Committee. "The NMI® registered 56.5 percent in June, 3.6 percentage points higher than the May reading of 52.9 percent. This represents continued growth in the non-manufacturing sector at a faster rate. The Non-Manufacturing Business Activity Index increased to 59.5 percent, 4.4 percentage points higher than the May reading of 55.1 percent, reflecting growth for the 83rd consecutive month, at a faster rate in June. The New Orders Index registered 59.9 percent, 5.7 percentage points higher than the reading of 54.2 percent in May. The Employment Index grew 3 percentage points in June after one month of contraction to 52.7 percent from the May reading of 49.7 percent. The Prices Index decreased 0.1 percentage point from the May reading of 55.6 percent to 55.5 percent, indicating prices increased in June for the third consecutive month. According to the NMI®, 15 non-manufacturing industries reported growth in June."
EUR/USD M5: 35 pips price movement by ISM Non-Manufacturing PMI news event
Sergey Golubev, 2016.07.08 09:23
Trading News Events: U.S. Non-Farm Payrolls by Barclays, TD, Goldman (adapted from the article)
Barclays: "For the June US employment report, we expect nonfarm payrolls to rise by 175k,
private payrolls to increase by 170k, and government payrolls to rise
by 5k. A number in line with our expectation would represent a modest
rebound in hiring relative to the May employment report after adjusting
for the effects of the Verizon strike. Telecommunications employment
fell 37k in May, about in line with the estimate of the strike-related
effects as estimated by the BLS, and we look for this employment to
return in June given the conclusion of the strike prior to the survey
week. Elsewhere in the report, we expect the unemployment rate to remain unchanged at 4.7%. Finally, we expect average hourly earnings to rise 0.2% m/m (2.7% y/y) and average weekly hours to hold steady at 34.4."
TD: "We expect the sharp downdraft in employment to partially reverse in June, with a forecasted increase of 175k jobs. This
print will be supported by the return of 34k Verizon workers who were
on strike in May. In addition to the rebound in the telecom sector, a
bounce back in the wholesale, manufacturing and construction sectors
should also bolster the headline print. The unemployment rate is forecast to increase to 4.8% from the cycle-low of 4.7% on
account of an expected rebound in the labor force (following the
outsized 820K decline over the prior two months), which should more than
offset the gains in household employment. On the wage growth front,
average hourly earnings are expected to rise modestly, posting a 0.2%
m/m gain, resulting in the pace of wage growth accelerating from 2.5% to
2.7% y/y due in large part to favorable base effects."
Goldman: "We forecast that nonfarm payroll growth rebounded to +210k in June from
just +38k in May. In part the pickup reﬂects the conclusion of a strike
at Verizon Communications—this alone accounts for 70k of the
month-over-month swing. However, we also see scope for improvement
beyond Verizon, as other labor market data have generally looked
encouraging. We expect a small increase in the unemployment rate to 4.8% after
its three month decline in May. Data from the household survey have
been volatile in recent months, but the broad trends—participation
stabilizing and job growth remaining strong enough to reduce slack over
time—still look intact. We see a low month-over-month gain in average
hourly earnings due to calendar quirks, but the year-over-year rate
should edge higher."-----EUR/USD Quick Technical Overview: intra-day bearish trend to be resumed. H1 price was bounced from 200 SMA to below for the bearish market condition to be resumed in the near future: the price is testing 1.1071 support level to below for the bearish trend to be continuing with 1.1052 bearish breakdown target.If the price breaks 1.1106 resistance level on close H1 bar so the reversal of the price movement to the bullish market condition will be started.If the price breaks 1.1052 support level to below so the bearish trend will be continuing with the good breakdown possibilities.If not so the price will be on ranging condition for direction.
Sergey Golubev, 2016.07.08 14:43
EUR/USD Intra-Day Fundamentals: Non-Farm Payrolls and 66 pips price movement
2016-07-08 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 increased by 287,000 in June, and the unemployment rate rose to 4.9 percent, the U.S. Bureau of Labor Statistics reported today. Job growth occurred in leisure and hospitality, health care and social assistance, and financial activities. Employment also increased in information, mostly reflecting the return of workers from a strike."
EUR/USD M5: 66 pips price movement by Non-Farm Payrolls news event