Market Condition Evaluation based on standard indicators in Metatrader 5 - page 46

[Sergey Golubev]

Well ... will see :)

[Sergey Golubev]

newdigital:

And it is very interesting situation for AUDUSD: trend will be reversed to bearish for H4 timeframe

 

Forum

Market Condition Evaluation based on standard indicators in Metatrader 5

newdigital, 2013.05.04 19:55

Just found interesting indicator in CodeBase - Price prediction by Nearest Neighbor found by a weighted correlation coefficient and we can make some "forecasting" for now :) why not? :) 

 

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Yes the trend was reversed to bearish for AUDUSD H4:

 

MetaTrader Trading Platform Screenshots

AUDUSD, H4, 2013.05.06

MetaQuotes Software Corp., MetaTrader 5, Demo

audusd prediction

[Sergey Golubev]

What we call the beginning is often the end. And to make an end is to make a beginning. The end is where we start from. - T.S. Eliot

[Sergey Golubev]

It is very interesting situation (for the people who understand what I am talking about :) ) .... just look at this chart:

MetaTrader Trading Platform Screenshots

EURUSD, H4, 2013.05.20

MetaQuotes Software Corp., MetaTrader 5, Demo

eurusd h4 ready to go

[Sergey Golubev]

Just to remind - this is the summary for this thread:

Forum

Market Condition Evaluation based on standard indicators in Metatrader 5

newdigital, 2013.03.20 10:40

Market Condition Evaluation

story/thread was started from here/different thread

================================

Market condition

• the theory with examples (primary trend, secondary trend) - read staring from this post till this one

• Summary about market condition theory is on this post 

• Practical examples about every market condition case by indicators: starting from this page till this one
   
• trendstrength_v2 indicator is here,
   
• AbsoluteStrength indicator is here
   
• AbsoluteStrengthMarket indicator is here to download.
  
  
• good feature in Metatrader 5: moving  stop loss/take profit by mouse on the chart (video about howto)
   

================================ 

3 Stoch MaFibo trading system for M5 and M1 timeframe 

• trading examples 
  
  
• template to download
   
• explanation how to trade and more explanation here
  
  
• how to install
  
  
• 2stochm_v4 EA is on this post.
   

================================  

PriceChannel ColorPar Ichi system.

 

================================ 

MaksiGen trading system 

• indicator to download
   
• some explanation about the system in general how to use
  
  
• Trading examples with MT5 statement, more trading is here.
  
  

================================ 

 Merrill's patterns are on this page.

 

================================

Divergence - how to use, explanation and where to read about.

  

================================

Scalp_net trading system

• template/indicators and how to use are on this comment.
  
  
• scalp_net_v132_tf EA is on this post with optimization results/settings for EURUSD M5 timeframe
   
• possible settings #1 for this EA for EURUSD M5 timeframe with backtesting results is on this post.
   

================================  

MTF systems 

• Maksigen MTF system

more to follow ... 

 

[Sergey Golubev]

The members asked me by PM about trendstrength_v2 indicator (where to download it for Metatrader 5). So, go to this post to download.

[Alain Verleyen]

newdigital:
The members asked me by PM about trendstrength_v2 indicator (where to download it for Metatrader 5). So, go to this post to download.

TrendStrength_v2 is now in the codebase.

[Sergey Golubev]

Just interesting situation: EURUSD H4 and USDCHF H4 are inside Ichimoku cloud trying to be reversed for primary trend:

MetaTrader Trading Platform Screenshots

EURUSD, H4, 2013.05.28

MetaQuotes Software Corp., MetaTrader 5, Demo

eurusd h4 inside the cloud

MetaTrader Trading Platform Screenshots

USDCHF, H4, 2013.05.28

MetaQuotes Software Corp., MetaTrader 5, Demo

usdchf h4 inside the cloud

[Sergey Golubev]

The other interesting situation is the following:

• EURUSD H4 and EURUSD D1 are both in primary bearish. But if EURUSD H4 will be reversed to bullish so EURUSD D1 timeframe may be reversed to bullish as well.
• USDCHF H4 and USDCHF D1 are both in bullish. And I think - USDCHF is very near to break resistance line for breakout (to break resistance line from below to above).
  
• As USDCHF is the leading pair in EURUSD/USDCHF combination so I think - we will not expect reversal for EURUSD. Anyway - will see.
  

[Sergey Golubev]

newdigital:

The other interesting situation is the following:

• EURUSD H4 and EURUSD D1 are both in primary bearish. But if EURUSD H4 will be reversed to bullish so EURUSD D1 timeframe may be reversed to bullish as well.
• USDCHF H4 and USDCHF D1 are both in bullish. And I think - USDCHF is very near to break resistance line for breakout (to break resistance line from below to above).
  
• As USDCHF is the leading pair in EURUSD/USDCHF combination so I think - we will not expect reversal for EURUSD. Anyway - will see.
  

Thus, I opened sell for EURUSD

MetaTrader Trading Platform Screenshots

EURUSD, H4, 2013.05.28

MetaQuotes Software Corp., MetaTrader 5, Demo

sell for eurusd

and buy for USDCHF (we can see it on the charts):

MetaTrader Trading Platform Screenshots

USDCHF, H4, 2013.05.28

MetaQuotes Software Corp., MetaTrader 5, Demo

buy for usdchf