DAX Index October-December 2016 Forecast: ranging inside Ichimoku cloud waiting for direction of the trend
W1 price was on the local uptrend as a bear market rally within the primary bearish market condition: the price came to the Ichimoku cloud from below andSenkou Span line of Ichimoku indicator was tested from inside the cloud to above for the bullish reversal to be started. But the price was finally bounced from Senkou Span back to the Ichimoku cloud for the ranging bearish market condition. For now, the price is located near and below Senkou Span and 10,803 resistance level for the bullish reversal to be started or for the ranging bearish trend to be continuing.Chinkou Span line is located above the price indicating the ranging condition, and Absolute Strength indicator is estimating the trend to be ranging as well in the future. By the way, Tenkan-sen line is above Kijun-sen line for the possible bullish reversal in the near future for example.
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
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).
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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
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
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
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
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 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
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
Chart Overlay indicator displays the price action of several instruments on the same chart allowing you to evaluate how differently currency pairs fluctuate relative to each other.
Find overbought or oversold currency pairs easily Plot up to 6 currency pairs overlayed on the same chart Display inverted symbols -if you want to- Adapts to chart size, zoom and timeframe Symbols can be plotted as bars or line charts The size of the overlay chart is customizable Automatic price
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 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
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
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
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.
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
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
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
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
Equity ProfitLoss Control is an Expert Advisor that controls equity considering the initial balance. The Expert Advisor closes all positions when an equity value specified in percentage or deposit currency is reached.
Equity is calculated as a difference between the current equity and the initial balance fixed when there are no positions or the balance at the very first start of the Expert Advisor.
There are notification functions: Alert, Mail, Sound, Mobile, display of information (the curren
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
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
One of the versions of the regression channel in MetaTrader 5.
The Regression Channel consists of two lines, which are equally distant up and down from the regression trend line. The distance between the borders of the channel and the regression line is equal to the deviation of the maximum Close price from the regression line.
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
The main purpose of the indicator is to detect and mark on a chart the following trade signals described in "New Trading Dimensions":
Bullish and bearish reverse bars with angulation (including squat). Bars in the green and red zones according to the histogram color of Awesome Oscillator and Accelerator Oscillator. Bars in the grey zone, when the Awesome Oscillator and Accelerator Oscillator histograms below these bars have opposite directions. Blue squat bars on chart independent of the
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
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
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
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
Forum on trading, automated trading systems and testing trading strategies
Sergey Golubev, 2016.10.01 10:41
Sergey Golubev, 2016.10.14 20:20
Intra-Day Fundamentals - EUR/USD and DAX Index: Fed Chair Yellen Speaks at the Federal Reserve Bank2016-10-14 17:30 GMT | [USD - Fed Chair Yellen Speaks]
[USD - Fed Chair Yellen Speaks] = Speech named "Macroeconomic Research After the Crisis" at the Federal Reserve Bank of Boston’s Annual Research Conference.
From Bloomberg article: Yellen Sees ‘Plausible Ways’ Hot Economy Could Heal Growth
EUR/USD M5: 24 pips price movement by Fed Chair Yellen Speaks news events
DAX Index M5 price movement by Fed Chair Yellen Speaks news events
Sergey Golubev, 2016.10.25 10:42
Dax Index: Bullish breakout (adapted from the article)
Daily price is on bullish breakout with 10,815 resistance level to be tested for the bullish trend to be continuing.
If the daily price breaks 10,815 resistance to above on close daily bar so the bullish trend will be continuing.If the daily price breaks 10,336 support level to below on close bar so the bearish reversal will be started.If not so the price will be on bullish ranging within the levels.
Sergey Golubev, 2016.10.31 14:04
DAX Index: Short-Term Levels for direction of the trend (adapted from the article)
H1 price is located within 100 SMA/200 SMA ranging levels in the bullish area of the chart to be above 200 SMA levels.
If the price breaks 10,707
resistance level on close hourly bar to above so the primary bullish trend will be resumed with 10,720/10,749 bullish targets.If H1 price breaks 10,635 support level on close bar to below so the reversal of the price movement from the ranging bullish to the primary bearish market condition will be started with 10,581 target.If not so the price will be on bullish ranging within the levels.
Sergey Golubev, 2016.11.06 08:21
Week Ahead On Wall Street: Markets Brace For Election Results (based on Forbes article)
Monday"British lawmakers will debate the implications of Brexit, after the High Court said that Parliament must give its approval before the country can move forward with its split from the European Union."
Tuesday"It’s election day. Billionaire Elon Musk has begun campaigning for the merger of SolarCity and Tesla and last week promised that the tie-up would yield big financial benefits for Tesla investors."
Wednesday"Goldman Sachs is expected to announce which of its top employees have achieved partner status. It does this every two years and in 2014 named 78 people to the position. The partnership ranks are tough to break into and represent fewer than 2% of the firm’s workers."
Thursday"Starbucks CEO Howard Schultz, activist investor Bill Ackman, Goldman Sachs CEO Llyod Blankfein and others will speak at The New York Times’ Dealbook conference."
Friday"Bond markets are closed for Veteran’s Day. The stock market will keep its normal hours."
Sergey Golubev, 2016.11.09 07:49
German DAX - from bear market rally to the bullish reversal irrespective off the analytics forecasts (adapted from the article)
Some analytics are forecasting for Dax Index to be in bearish market condition with 10,000 strong support level as a nearest bearish target for the price to be bounced to above:
"DAX is turning strongly to the downside from a new high, so we believe that index is trapped in a new corrective pattern; a very complex one that can either be an Elliott Wave flat or an Elliott Wave triangle. As things stands at the moment, we favor the flat that is pointing down for wave five of C which could then form a bottom at 10000-10100 area."
But, anyway, the intra-day H4 price was bounced from 10,195 support level to above for the breakout as a bear market rally. For now, the price is testing 10,583 resistance level to above for the bullish reversal to be started.
Daily price broke 100-day SMA/200-day SMA reversal area to above to be reversed to the primary bullish market condition. The price is breaking 50.0% Fibo level at 10,509 to above for the primary bullish trend to be continuing.
Sergey Golubev, 2016.11.09 08:17
Market opened with some interesting situation: H4 price was bounced from 100 SMA/200 SMA reversal levels to below for 10,019 support level to be testing for the bearish breakdown to be continuing. So, it means that analytics was right concerning Dax price movement:
Sergey Golubev, 2016.11.17 14:57
if actual > forecast (or previous one) = good for currency (for USD in our case)
[USD - CPI] = Change in the price of goods and services purchased by consumers.
2016-11-17 13:30 GMT | [USD - Building Permits]
[USD - Building Permits] = Annualized number of new residential building permits issued during the previous month.
From official reports:
"The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.4 percent in October on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index rose 1.6 percent before seasonal adjustment."
EUR/USD M5: 38 pips range price movement by CPI and Building Permits news events
S&P 500 M5: range price movement by CPI and Building Permits news events
Dax Index M5: range price movement by CPI and Building Permits news events
Sergey Golubev, 2016.11.23 15:35
Intra-Day Fundamentals - EUR/USD, GOLD (XAU/USD) and Dax Index: U.S. Durable Goods Orders2016-11-23 13:30 GMT | [USD - Durable Goods Orders]
[USD - Durable Goods Orders] = Change in the total value of new purchase orders placed with manufacturers for durable goods.
From Market Watch article: Durable-goods orders see jet-fueled 4.8% gain in October
EUR/USD M5: 49 pips range price movement by Durable Goods Orders news events
GOLD (XAU/USD) M5: bearish price movement by Durable Goods Orders news events
Dax Index M5: range price movement by Durable Goods Orders news events
Sergey Golubev, 2016.11.29 18:23
Intra-Day Fundamentals - EUR/USD, GOLD (XAU/USD) and Dax Index: The Conference Board Consumer Confidence2016-11-29 15:00 GMT | [USD - CB Consumer Confidence]
[USD - CB Consumer Confidence] = Level of a composite index based on surveyed households.
From official report:
"The Conference Board Consumer Confidence Index®, which had declined in
October, increased significantly in November. The Index now stands at
107.1 (1985=100), up from 100.8 in October. The Present Situation Index
increased from 123.1 to 130.3, while the Expectations Index improved
from 86.0 last month to 91.7."
EUR/USD M5: 37 pips range price movement by CB Consumer Confidence news events
XAU/USD M5: range pips price movement by CB Consumer Confidence news events
Dax Index M5: range pips price movement by CB Consumer Confidence news events