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
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, and, as a consequence, tick volume is smaller.
In this case, when big amount of requests appear on the market, price changes happen more often. Big tick volume appears. Tick volume is an important indicator of trad
Does not support openning multiple 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 Butt
Monitoring and Trend Analysis
This product shows the trend strength levels based on 16 standard indicators, time periods and currency groups.
Depending on the current trend, the indicator colors change from green to red, allowing you to see the full picture.
Whatever your trading method and strategy are, you should always know, in which direction you are trading and what the probability of the trend change is. This indicator will help you answer these questions by calculating the
Create your own list of trading instruments Watch list* and combine it with several open charts Link **.
Using this program, a user can create fully-fledged Watch lists, create and delete trading instruments and move through the list.
A selected symbol shows charts in linked windows. Linked windows can have different periods, indicators, experts, trading panels, etc...
Moving through his/her Watch list, a trader an see the full image of his/her strategy in all windows.
A lot of traders use 1
Robust median Renko style indicator for creating custom charts resembling Median Renko, Mean Renko, Turbo Renko and Better Renko candles as well as vanilla Renko with wicks plus PointO charts. This all in one package provides all of the signals needed by day traders, scalpers and even long term traders.
The indicator is an overlay on the main chart so it is possible to utilize one-click trading and order manipulation directly on the custom charts. Visual order placement is a
All traders using VSA realize the importance of the volume. Unfortunately, tick and spot volumes are not suitable for these purposes.
I have conducted mathematical calculations and managed to trnsform the price into the volume that is close to the futures one by its ratios. Now, you do not have to wrestle with the question of where to obtain the volume data. Besides, you will be able to use the currency pairs having no futures at all. With RealVolume, you do not need to remember data on each ti
Find Shoulder-Head-Shoulder chart patterns easily with this indicator.
Easy to use Customizable colors and sizes It implements breakout signals It implements alerts of all kinds
Indicator Settings - The amplitude represents the size of the patterns to be found. The max. history bars parameter is the amount of bars in the chart to look back.
Less bars to evaluate means the indicator will load faster. Patterns - Choose the colors of the patterns. Breako
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
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
This indicator extracts a trend from a price series and forecasts its further development. Algorithm is based on modern technique of Singular Spectral Analysis (SSA). SSA is used for extracting the main components (trend, seasonal and wave fluctuations), smoothing and eliminating noise. Does not require the series to be stationary, as well as the information on presence of periodic components and their periods. It can be applied both to price series and to the data of other indicators.
This is an open interest indicator for MetaTrader 5. It fixes open interest value once per minute and writes it to the file (on your PC). The product works on any timeframe but only with exchange instruments.
Volume is an important indicator in combination with price movements.
Volumes Overaverage Notifier informs you when activity is entering the market.
This indicator is able to notify you via push notifications, alerts, sounds and emails when it is recognizing rising volume above a customizable level.
The volumes histogram is divided and colored in 4 different parts - low, normal, high and ultrahigh volume levels.
Low volume zones are drawn as a rectangle into the chart.
How to Use
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
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
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 Trade Manager Pro EA is a MetaTrader Expert Advisor that performs position management for you avoiding human errors and enhancing your trading activity.
Amazingly easy to use Trade easily from the chart Trade with precise risk management, hassle free Capital preservation is top priority Let profits run without your attention Enjoy risk-free trades as soon as possible Automatic trailing stops for all opened trades Initial stop losses are placed as soon as trades are
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
The indicator is designed for easy construction of synthetic charts based on data of various financial instruments. It will be useful both arbitrage and pair trading, as well as for analysis purposes. Its main advantage is simplicity and clarity. Each chart is given as a common mathematical formula. For example, if you want to plot the spread (difference) between EURUSD and GBPUSD with coefficients 4 and 3, then set the following formula:
EURUSD * 4 - GBPUSD * 3
The resulting chart is shown in
Trade Controller provides multiple methods to protect and maximize your profits. This powerful weapon helps you to set the protect and trailing-stop rules on your trade automatically in many effective methods. Once it is set and turned on, you don't need to monitor your orders anymore, the software will keep watching and control your orders with your predefined rules.
It's designed to support multi-protection and trailing strategy: Protect by break-even, protect by percentage, protect by pip, p
This is the Famous Timing Indicator
You can now use the most famous Timing indicator on the planet.
Millionaire Mostafa Belkhayate earned his reputation by using this specific indicator to validate the entry signals supplied by his also famous Center of Gravity indicator on the Forex market. I spent hours, days, weeks to decrypt the formula and now it is finally available to you.
New and Unique for MetaTrader 5
Timing will give you perfect validations for your entry signals. It is the first
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
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
MT4 → MT5 MT4 → MT4 MT5 → MT5 MT5 → MT4
* For the MetaTrader 4 terminal — Fast Copy MT4
* For the MetaTrader 5 terminal — Fast Copy MT5
** Before the purchase, you can test the program by downloading the free demo versions — Fast
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
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
Does not support openning multiple 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
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
The main purpose of the indicator is to detect and mark trade signals on the histogram of the Awesome Oscillator according to the strategies "Trading Chaos, second edition" and "New Trading Dimensions".
The indicator detects and marks the following trade signals:
"Two peaks" - Divergence. The signal "Second wise-man" - third consequent bar of the Awesome Oscillator after its color is changed. The histogram crosses the zero line. The signal "Saucer".The indicator includes a signal block th
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
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 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
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