USD/JPY October-December 2016 Forecast: ranging bearish; 98.97 support to be broken for the bearish trend to be continuing
W1 price is located far below Ichimoku cloud in the bearish area of the chart. The price was bounced from 99.53 support level to above for the secondary ranging condition to be started with 98.97 key support level which is going to be broken to below in case of the bearish trend to be continuing. By the way, ascending triangle pattern was formed by the price to be crossed to above for the bear market rally to be started if 104.31 resistance is broken to above on close weekly bar for example.Chinkou Span line
is located below the price indicating the bearish trend to be continuing, Tenkan-sen line is below Kijun-sen line
of Ichimoku indicator for the bearish continuation in the near future as well, and
Absolute Strength indicator is estimating the trend to be ranging bearish market condition in the future.
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
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
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 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
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
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
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 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
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
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
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 panel represents a demo account for binary options. It will catch an interest of those who start working with binary options and want to practice on a demo account. It will also spark an interest of those who use Meta Trader 5 to get signals for binary options. You can test any strategy using this panel. It supports any currencies available in your terminal. The panel is also very compact, and you can move it to any spot on your chart window.
Now you do not need to look for a broker with a
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
Reverse TradeCopier Follow can copy trades from an account that is running Reverse TradeCopier Source.
Copies trades from one source (master) account to multiple following (slave) accounts. Allows investor (read only) password for source (master) account. There are no complicated settings and input parameters, everything is easy. Works with different brokers. Works with different quotes symbols (EURUSD_FX, eurusd_m, etc.). Can copy orders from 4-digit quotes platform to 5-dig
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
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
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
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
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
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
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.
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
How to use Pair Trading Station
Pair Trading Station is recommended for H1 time frame and you can use it for any currency pairs. To generate buy and sell signal, follow few steps below to apply Pair Trading Station to your MetaTrader terminal.
When you load Pair Trading Station on your chart, Pair Trading station will assess available historical data in your MetaTrader platforms for each currency pair. On your chart, the amount of historical data available will be displayed for each currency
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 indicator is based on Bollinger Bands indicator. It helps user clearly know the Band is expand or contract.
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
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
This is an unusual (visual) representation of the famous WPR indicator. Instead of a separate subwindow, it is displayed in the main chart as a channel and levels.
The next version of the indicator will have a possibility of smoothing its values using a moving average.
PeriodWPR - calculation period of the percent price channel LevelUp - the value of the upper level in percentage (negative) LevelDn - the value of the lower level in percentage (negative) Center - the value of t
Forum on trading, automated trading systems and testing trading strategies
Sergey Golubev, 2016.10.01 11:58
Weekly Outlook: 2016, October 02 - October 09 (based on the article)
The third quarter ended with mixed moves in currencies. A full buildup to the US Non-Farm Payrolls, a rate decision in Australia and other figures fill the first week of the last quarter. These are the main events on forex calendar.
Sergey Golubev, 2016.10.11 08:26
USD/JPY Technical Analysis: The Race To Debase Resumes In Asia (based on the article)
Sergey Golubev, 2016.10.18 15:25
USD/JPY Intra-Day Fundamentals: U.S. Consumer Price Index and 36 pips range price movement
2016-10-18 12:30 GMT | [USD - Consumer Price Index]
if actual > forecast (or previous one) = good for currency (for USD in our case)
[USD - Consumer Price Index] = Change in the price of goods and services purchased by consumers.
From official report:
USD/JPY M5: 36 pips range price movement by U.S. Consumer Price Index news event
Sergey Golubev, 2016.10.25 19:20
Intra-Day Fundamentals - EUR/USD and USD/JPY : The Conference Board Consumer Confidence2016-10-25 14:00 GMT | [USD - CB Consumer Confidence]
[USD - CB Consumer Confidence] = Level of a composite index based on surveyed households.
"Consumer confidence retreated in October, after back-to-back monthly
gains,” said Lynn Franco, Director of Economic Indicators at The
Conference Board. “Consumers’ assessment of current business and
employment conditions softened, while optimism regarding the short-term
outlook retreated somewhat. However, consumers’ expectations regarding
their income prospects in the coming months were relatively unchanged.
Overall, sentiment is that the economy will continue to expand in the
near-term, but at a moderate pace."
EUR/USD M5: 43 pips range price movement by The Conference Board Consumer Confidence news events
USD/JPY M5: 74 pips range price movement by The Conference Board Consumer Confidence news events
Sergey Golubev, 2016.11.01 16:17
Intra-Day Fundamentals - EUR/USD, USD/CAD and USD/JPY : Manufacturing ISM Report On Business2016-11-01 14:00 GMT | [USD - ISM Manufacturing PMI]
[USD - ISM Manufacturing PMI] = Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry.
EUR/USD M5: 23 pips range price movement by ISM Manufacturing PMI news events
USD/CAD M5: 19 pips range price movement by ISM Manufacturing PMI news events
USD/JPY M5: 33 pips range price movement by ISM Manufacturing PMI news events
Sergey Golubev, 2016.11.07 12:35
USD/JPY - "Given the changes in the backdrop for the
BoJ, we’re going to leave our forecast at neutral for the week ahead on
the Yen until more information presents itself. Data out of Japan will
be extremely light for next week, so expect the Yen to trade with
general macro headwinds that will likely emanate from U.S. Presidential
Sergey Golubev, 2016.11.07 18:16
USD/JPY: Scenarios & Tactical Strategies For Trading The US Elections - Deutsche Bank (based on the article)
Scenarios 1 and 2 - "We would recommend selling if USD/JPY rose to around 105 or higher."
Sergey Golubev, 2016.11.09 12:26
USD/JPY after Donald Trump's victory in the U.S. election (based on the article)
USD/JPY H1 timeframe: price broke 100 SMA/200 SMA levels to below for the reversal from the primary bullish to the primary bearish market condition with 101.18 support level to be testing for the bearish trend to be continuing.
climbed from an earlier session low of 105.46 to as high as 101.15
versus the dollar. As of 5:37 a.m. ET, the dollar/yen traded at 103.18."
Sergey Golubev, 2016.11.14 07:59
USD/JPY Intra-Day Fundamentals: BOJ Gov Kuroda Speaks and 34 pips range price movement
2016-11-14 01:00 GMT | [JPY - BOJ Gov Kuroda Speaks]
[JPY - BOJ Gov Kuroda Speaks] = Speech about Japan's economy and monetary policy at the business leaders meeting, in Nagoya.
From gettyimages article: Bank of Japan Governor Haruhiko Kuroda Speech and News Conference
USD/JPY M5: 34 pips range price movement by BOJ Gov Kuroda Speaks news event
Sergey Golubev, 2016.11.19 11:17
USD/JPY - "In the week ahead we’ll watch any especially-large surprises out of the coming week’s release of Japanese Consumer Price Inflation figures will otherwise drive JPY volatility. Traders have shown relatively little sensitivity to Japanese economic data, however; rhetoric from the BoJ matters far more than a single economic print."