Young Ho Seo / 个人资料

GBPUSD Market Outlook


Another big drop in GBPUSD. Currently it just went outside triangles formed in H1. It is Heading to Demand Zone now.


https://algotradinginvestment.wordpress.com/2016/09/17/gbpusd-market-outlook-12/

http://algotrading-investment.com/

USDJPY Market outlook

Current snapshot of USDJPY Market Outlook.


USDJPY is currently inside three triagle formed from H1, H4 and D1 timeframe.


Interesting breakout is expected quite soon.


https://algotradinginvestment.wordpress.com/2016/09/16/usdjpy-market-outlook-3/

http://www.algotrading-investment.com/

GBPUSD Market Outlook

GBPUSD Bounce over another Demand Zone Today. Note that turning point detector gave us quite early bullish turning point signal too.


For your information, Price Breakout pattern Scanner version 6.6 are available to download from mql5.com


https://www.mql5.com/en/market/product/4859

https://www.mql5.com/en/market/product/4858

Of course it is already available for download from our mother website: http://algotrading-investment.com/


https://algotradinginvestment.wordpress.com/2016/09/16/gbpusd-market-outlook-11/

Price Breakout Pattern Scanner Version 6.6 Update completed.

Finally we have Price Breakout Pattern Scanner updated to version 6.6 on mql5.com site.


Please check it out.


Thanks for your patience.


https://algotradinginvestment.wordpress.com/2016/09/15/price-breakout-pattern-scanner-version-6-6-update-completed/

http://algotrading-investment.com

https://www.mql5.com/en/market/product/4859

https://www.mql5.com/en/market/product/4858

GBPUSD Market Outlook

Currently snap shot of GBPUSD. As expected, GBPUSD had high volatile movement last few days. I have printed two patterns at the same time in H1 timeframe to give you the clear view on the current market movement on GBPUSD.


Of course, version 8.6 of Price Breakout pattern scanner is ready on http://algotrading-investment.com. However, sorry for the late update on our price Breakout Pattern Scanner version 8.6 on mql5.com. We will send them message again for fast processing.


https://algotradinginvestment.wordpress.com/2016/09/15/gbpusd-market-outlook-10/

http://algotrading-investment.com/

Kind regards.

GBPUSD Market Outlook

Following from Yesterday's Volatility Movement, Currently GBPUSD came back to triangle again and resting inside triangle for now.


https://algotradinginvestment.wordpress.com/2016/09/14/gbpusd-market-outlook-9/

http://algotrading-investment.com/

GBPUSD Market outlook

After GBPUSD touched supply area, GBPUSD gone down widely.


Now GBPUSD are staying on the other end of weekly Market Profile.


https://algotradinginvestment.wordpress.com/2016/09/13/gbpusd-market-outlook-8/

http://algotrading-investment.com/

GBPUSD Market Outlook

Current market snapshot with GBPUSD.


Finally GBPUSD come out of the triangle. Almost touched supply level but not quite.


https://algotradinginvestment.wordpress.com/2016/09/13/gbpusd-market-outlook-7/

http://algotrading-investment.com/

Input Description for Price Breakout Pattern Scanner

http://algotrading-investment.com/portfolio-item/price-breakout-pattern-scanner/#toggle-id-2

https://algotradinginvestment.wordpress.com/2016/09/12/input-description-for-price-breakout-pattern-scanner/

We are pushing hard for MQL5.com to fast process our new update on version 6.6 for price breakout pattern scanner. Below is the detailed description on input setting for our price breakout pattern scanner.


Input Description for Price Breakout Pattern Scanner (applicable from version 6.6)

Price Breakout Pattern Parameters 1 (User Option)

This inputs controls general functionality of Price Breakout Pattern Scanner. You can use Price Breakout Pattern Scanner for many different mode. If support and resistance are important for your trading, then you can run the Price Breakout Pattern scanner in Support Resistance mode. For that, set “Display As Support Resistance” = true. If you set “Display As Support Resistance” = false, then Price Breakout pattern scanner will show patterns drawn in triangles. With Price Breakout pattern scanner, it is possible to apply them in custom timeframe. This means that you can apply several price breakout pattern scanner in one chart. To apply price breakout pattern scanner in custom timeframe, set “Timeframe to detect Price Breakout Patterns” to your preferred one including H1, H4, D1, W1 or MN1, etc.
•Set false to switch off Price Breakout Pattern Scanning:
•Use Renko Filter for Pattern detection : true or false only
•Timeframe to detect Price Breakout Patterns
•Display As Support Resistance (true = support resistance, false = triangle)
•Max number of patterns to display: Control this input if you want to see more than one pattern simultaneously. For example, set this to 3, then price breakout pattern scanner will show 3 latest patterns at the same time.
•Pattern Index from which to display: 0 = default
•Enable sound alert: set to true to get sound alert
•Send email if pattern is found: set to true to receive email alert
•Send notification if pattern is found: set to true to receive push notification. Push notification is recommended over email notification.
•Print pattern in expert journals:
•Write patterns in text files: set to true if you wish to write patterns in text file
•File name when save pattern info
•Allowable margin when matching patterns (0.1 = 10% allowance)
•Use white background for chart: set false if you want to use default black background chart
•Max Bars to search pattern: use default
•Search Step ( 1: fine, >1: coarse) : use default
•Amount of bars to scan for pattern search (1500 = default): set this to more if you like to study and develop your own trading strategy
•Pattern Size Filter by Number of Candles: Filter out small patterns if you wish. If you want to see any size pattern, then set this to 0



Price Breakout Pattern Parameters 2 (Display Option)

This input controls interface of Price Breakout pattern scanner. For example, you can control color of each patterns, text size for pattern name, etc. You can also control the size of buttons from here. Especially if you wish to apply multiple Price Breakout Pattern Scanner in one chart, then you need to change the location of the button here. For example, set Button Coordinate Y to 80 if you want to offset the second button sets below your first button set from your previous Price Breakout Pattern Scanner. Likewise, you can set button coordinate Y to 100 if you want to offset the third button sets below your second button sets assuming that you are using button height 20.
•Bullish Breakout Pattern color
•Bearish Breakout Pattern color
•Bothway Breakout Pattern color
•Bullish Breakout Locked Pattern color
•Bearish Breakout Locked Pattern color
•Bothway Breakout Locked Pattern color
•Text size for name (0 = disable)
•Text size for trade instruction (0 = disable)
•How long the line should be projected (default = 2)
•Fill patterns with color
•Change size of ray for line object
•Support Resistance Line Width
•Use Small Button (G & B buttons): true or false only
•Button Coordinate X: 10
•Button Coordinate Y: 60 (80, 100, 120, 140 for next timeframe)
•Button Width: 60
•Button Height: 20
•Text size for button: 10

Price Breakout Pattern Parameters 3 (Search Option)

With this input, you can enable and disable pattern type. For example, if you do not want to see Triple Top Pattern, then set “Triple Top Pattern” = false.
•Search Triangle Pattern
•Search Falling Wedge Pattern
•Search Rising Wedge Pattern
•Search Head and Shoulder Pattern
•Search Reverse Head and Shoulder Pattern
•Search Double Top Pattern
•Search Double Bottom Pattern
•Search Triple Top Pattern
•Search Triple Bottom Pattern

Price Breakout Pattern Parameters 4 (Custom Risk Control)

With this input, you can set to see guided trading instruction. While you are trading, check this guided trading instruction to set your profit goal realistically.
•Use Custom Stop Loss and Take Profit
•Risk Reward Ratio (Reward/Risk): user more than 1.0
•Custom Take Profit and Stop Loss Line Length
•Custom Take Profit and Stop Loss Line Width
•Custom Take Profit and Stop Loss Text Size
•Custom Take Profit Color
•Custom Stop Loss Color
•Custom Open Price Color
•Show Guided Trading Instruction
•Guided Trading Instruciton X Coordination
•Guided Trading Instruction Y Coordination
•Your Target Success Rate: 55%(0.55) = default
•Your Risk per Trade: 2% (0.02) = default
•Your Target Trade Number: 100 = default



Button Description in your chart

There are six buttons in chart for your convenience. Price breakout pattern scanner scans many historical bars and store patterns in the memory. Depending on your data, sometime, it can store as many as 100 patterns and sometimes, there can be no pattern at all. Price breakout pattern scanner will show pattern one by one in time order for your optimal analysis. However, you might want to see previous patterns for your analysis. In that case, you can press the button “<<” once. Click the button “<>”. Sometime, you want to trade with a particular pattern. You may need to observe the patterns for some times. In that case, click the button “Lock” to lock the pattern from your chart. The locked pattern will remain even new pattern is found in the future. To unlock the pattern, just click the button “Lock” once more. Next to “Lock” button, you can see timeframe button like H1, H4, D1, etc. This button is there to show that these buttons are controlling the price breakout pattern scanner for the time frame. In fact, when you click this time frame button, Price breakout pattern scanner will recalculate over all the historical bars again. Sometime, when you believe that recalculation is necessary, then just click this timeframe button. The small button “G” can control the appearance of guided trading instruction. The small button “B” can hide or unhide all the other buttons from chart.

GBPUSD Market Outlook


On Monday, GBPUSD is still inside the triangle. It is making very slow progress.


However, it is definitely showing few signs for high volatility in the near future.

https://algotradinginvestment.wordpress.com/2016/09/12/gbpusd-market-outlook-6/

http://algotrading-investment.com/

EURUSD Market Outlook

Current market snap shot on EURUSD.


This screenshots give some picture of EURUSD about where we are now.


One strange thing to note is that even after Brexit, the market look like still in sideways movement in big picture.


http://algotrading-investment.com/

https://algotradinginvestment.wordpress.com/2016/09/11/eurusd-market-outlook-3/

Precision Support Resistance Product page is enabled from our website just for your information.

http://algotrading-investment.com/portfolio-item/precision-support-resistance/

http://algotrading-investment.com

Technical Analysis Feature in Excel

Now with our Algo Investment Tool, you can perform powerful technical analysis in one click in fully automatic manner.


The screenshots shows that 8 moving average with RSI, CCI, Stock aligned together.


We post this screenshots for some curious users for our current development.


In addition to that you can perform all the powerful statistical analysis to your technical analysis.


https://algotradinginvestment.wordpress.com/2016/09/10/technical-analysis/

http://algotrading-investment.com/

GBPUSD Market Outlook

Current snap shot of market outlook on GBPUSD.

GBPUSD touched again on supply zone once more and then follows sharp fall.

https://algotradinginvestment.wordpress.com/2016/09/09/gbpusd-market-outlook-5/

http://algotrading-investment.com/

Algo Investment Tool Development News

With our Algo Investment Tool, you can now load over 30 different technical indicators in just one click in your excel spreadsheets.


Stay tuned for further news on our development.


https://algotradinginvestment.wordpress.com/2016/09/09/algo-investment-tool-development-news/

http://algotrading-investment.com

EURUSD Maket Outlook

Good Rally on EURUSD since last retouch on Demand Zone. Also turning point detector have been picked up the bullish turning point nicely too.

The rewards gone well over 6 times the risk.


https://algotradinginvestment.wordpress.com/2016/09/08/eurusd-maket-outlook/

http://algotrading-investment.com

ADF test


Current development work on Augmented Dickey Fuller test.


https://algotradinginvestment.wordpress.com/2016/09/08/adf-test/

http://algotrading-investment.com/

https://en.wikipedia.org/wiki/Augmented_Dickey%E2%80%93Fuller_test

Reference and Bibliography

Here is the reference and Bibliography we are often using to drive our trading & invesment research. This is only for curious users and not necessary for average traders to know.


http://algotrading-investment.com/reference-and-bibliography/

Kind regards.

USDJPY Outlook


Current snap shot of USDJPY. Nice touch on daily and weekly wedge and breakout outside rising wedge.


https://algotradinginvestment.wordpress.com/2016/09/07/usdjpy-outlook-6/

http://algotrading-investment.com/

Augmented Dickey Fuller Test on ATI

Currently we have succesfully implemented Augmented Dickey Fuller test on our Algo Investment Tool. This powerful techniques are used by many knowledged traders.


Hopefully, we can help our customers to use this advanced tool on their hands.


Stay tuned for further news on our development.


http://algotrading-investment.com/

https://algotradinginvestment.wordpress.com/2016/09/07/augmented-dickey-fuller-test-on-ait/