Forum on trading, automated trading systems and testing trading strategies
Gold is Reaching at 1270
Sergey Golubev, 2013.07.01 21:04
How can we know: correction, or bullish etc (in case of using indicator for example)?
well ... let's take AbsoluteStrength indicator from MT5 CodeBase.
bullish (Bull market) :
bearish (Bear market) :
ranging (choppy market - means: buy and sell on the same time) :
flat (sideways market - means: no buy and no sell) :
correction in a bear market (Bear Market Rally) :
Sergey Golubev, 2013.07.01 21:43
Sergey Golubev, 2016.05.15 18:43
Sergey Golubev, 2018.01.26 08:16
Bitcoin Is A 'Typical Bubble' (based on the article)
Daily price is located near and above 100 SMA/200 SMA bearish reversal area.If the price breaks 13,881 resistance to above so the primary bullish trend will be continuing.If the price breaks 8,771 support level to below so the bearish reversal will be started.If not so the price will be on bullish ranging within the levels.
The chart was made on D1 timeframe with standard indicators of Metatrader 5 except the following indicator (free to download):
Sergey Golubev, 2018.02.14 17:40
EUR/USD Intra-Day Fundamentals: U.S. Consumer Price Index and range price movement
2018-02-14 13:30 GMT | [USD - CPI]
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.
From official report :
EUR/USD M5: range price movement by Consumer Price Index news event
Chart was made on MT5 with Brainwashing system/AscTrend system (MT5) from this thread (free to download) together with following indicator:
Same system for MT4: