Fibo Zone

fibo Zone

The indicator shows the strong areas of support and resistance around
levels of a particular type, calculated on the basis of the indicator ZigZag vertices
larger amplitude (Max Amplitude Swing). The strength is determined by the accumulation levels of Fibonacci levels, calculated on
ZigZag indicator based vertices with smaller amplitude.

These regions may be regarded as potentially reversal zone and,
respectively, to use them for transactions and profit.
Potentially reversal zone rather effectively filtered signals,
derived from the oscillators.

Also
in the indicator added functionality for recognizing and building
5-harmonic dot patterns based ZigZag indicator vertices
larger amplitude. And search
is not only well-known patterns such as Gartley, Bat,
Butterfly, Crab and so on, and on all 5-point pattern peaks
which correspond to lines (retrace) Fibonacci (Fibonacci Retracements), introduced in the settings
indicator.

Description of input
parameters

  • Max Amplitude of Swing – the amplitude of the swing big
    Zigzag.
  • Min Amplitude of Swing – the amplitude of the swing low
    Zigzag.

The amplitude of the swing states
Percentage: 1% on EURUSD – about 130 classical points.

  • Type of Calculation type of calculation of the potential reversal zones:
    • Levels of greater amplitude – in the area based on the potential reversal levels are
      Fibonacci calculated with respect to the vertex of the last beam of a zigzag.
    • Density around the Harmonic Levels – at the heart of a potentially
      reversal zones lie close to each other Fibonacci levels,
      calculated with respect to the last two peaks (ABCD).
    • Density around the Levels of Crossing Pitchforks – the basis for the reversal potential
      zones lie fork intersection levels Andrews, built on top of 5 swings
      Zigzag (XAB and BCD).
  • Use the Level of Crossing Pitchforks Filter filter, taking into account the presence of the forks level crossing in Andrews
    potential reversal zone:
    • Do not use filter do not use a filter.
    • Levels of Crossing in Area levels must be within the area.
  • Use Harmonic Filter all the constructions of the indicator occurs only when
    if XB retracements segments, AC, BD, XD matching the Fibonacci levels.
  • fibo Series – Fibonacci levels, which are used in
    calculation of areas. Default:

0.236,0.382,0.5,0.618,0.786,0.886,1,1.128,1.272,1.414,1.618,2.000,2.236,2.618,3.14,4.236

The series is filled without
spaces, separated by commas.

  • Use Fibo Extensions – in calculating the force area are taken into account
    Small zigzag swings over time. In fact, the force previously
    calculated fields change with the passage of time and the emergence of new
    tops of small zigzag.
  • Deviation
    from Areas
     – deviation of error
    the calculated level (in percentages). This parameter is used
    when searching for the harmonic pattern.
  • Amount of strong Areas – the number of the strongest areas of all
    calculated. The strength of the field is determined by the number of levels belonging to a
    it.
  • Use Max Time – remove areas with no waste
    the passage of time.
  • Swing on History – the number of swings with zigzag
    large amplitude for the construction of fields and levels on the story.
  • Create Areas – building potential reversal zone.
  • Create Levels – building potential reversal levels.
  • Create
    Levels of Crossing Pitchforks
    – construction of forks level crossing Andrews
    • Do not create Levels – the levels are not built
    • Create all Levels – Build all levels
    • Create only Levels in Area – built only falling levels
      potentially reversal zone
  • Create Price Labels – construction price tag.
  • Create Extensions Harmonic
    Butterflies
    building
    Development harmonic pattern.
  • Create Actual Harmonic
    Butterfly
    – building
    formed the harmonic pattern.
  • Create Sperandeo Trend the construction of trend lines
    Sperandeo method.

Recommendations for display settings

Options Min Amplitude of Swing, Max Amplitude of Swing,
Amount of Areas, Deviation from Areas
 logically closely linked. Therefore, a change in one of them can significantly
change the image information displayed on the chart:

  • If we
    decrease Min Amplitude of Swing, it actually increases
    ZigZag’a smaller number of nodes and, as a consequence, increase overall
    the number of levels that can get in the computational domain and to increase
    her strength.
  • If we
    increase Deviation from Areas, it actually increases the size
    calculation area, and as a consequence, increase the total number of levels,
    that can get into the computational domain and increase its strength.

Parameter Deviation from Areas It has
direct relation to the definition of
Harmonic patterns, as is an error of compliance
retracements XB, AC, BD, XD Fibonacci levels. Not recommended
set this parameter is greater than
0.1 (10%).

And setting Use Fibo Extensions to increase the likelihood that any area of ​​the passage of time
will be stronger, because there are new peaks of small zigzag. It is therefore not
It recommended when the parameters are set as a value Amount of strong Areas more than two.

Fibo Zone

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Oil prices are falling on background of new fears

Oil prices are falling on the background of new fears overabundance of raw materials on the market

Oil prices fell below $ 50 a barrel on Friday on fears that US President Donald Trump’s decision to abandon a global climate agreement could lead to more intensive extraction of crude oil in the United States, thereby maintaining a constant surplus of raw materials on the market.

Brent crude oil decreased by 1.7%, or 80 cents to $ 49.75 per barrel. Crude WTI crude oil showed a drop of 87 cents, or 1.81%, to $ 47.46 a barrel.

oil prices are reduced by about 7.5% after OPEC decided May 25 to further reduce the raw material production.

Faced with a prolonged glut market, the oil cartel also discussed last week’s decline in production of raw materials for another 1-1.5%, according to sources.

True the oil market has been offered support and according to official data showing that US oil reserves, the world’s main consumer of oil fell sharply last week, while the oil refining and exports grew to a record level.

The oil reserves have declined to 6.4 million barrels per week, topping analysts’ expectations of 2.5 million barrels.

Nevertheless, the volume of oil production in the US rose to 9.34 million barrels last week, which amounted to almost 500,000 barrels per day.

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Gold Advisor SE

Gold Advisor SE

Gold Advisor Special Edition – fully automated trading system is the trend for gold trading timeframe H1. The main indicators used in the algorithm, is the immediate price movement. As the filter used for auxiliary vehicle breakdown of local extrema. Despite the presence of preset stop-loss and take-profit, the main system for closing are dynamic trailing, which take into account the place of opening an order and the subsequent price action, positions are closed under the appropriate conditions. The duration of the transaction varies from several hours to several days.

The system is efficient and completely autonomous in any market condition. Due to the reliable and stable algorithm, high resistance to spread of size, execution speed, this product can become a good addition to your portfolio.

We produce quarterly updates and optimization, on this page you can always find the latest version of the product and .set files.

Characteristics

  • trading hours:
  • Timeframe: H1
  • Instrument: XAUUSD, other pairs may be used after optimizing the parameters
  • Broker: Any. Advisor is not sensitive to the speed of execution and the size of the spread
  • Minimum Deposit: 100 USD
  • Minimum shoulder 1: 100

Features

  • Each transaction is protected by stop orders (Stop Loss and Take Profit), use a trailing stop position
  • Works as a fixed lot, and the percentage of available funds
  • Not demanding of computer resources

Benefits

  • Advisor is ideal for supplementing other experts
  • It is not sensitive to the size of the spread
  • Do not use grid-system, martingale and other hazardous money management techniques
  • Suitable for large and small deposits
  • Stable test results in the long run

expert settings

  • Trailing start BUY – Start trailing for long positions
  • Trailing step BUY – Trailing step B
  • SL Trailing BUY – s / l trailing B
  • Trailing start SELL – Start trailing for short positions
  • Trailing step SELL – Trailing step S
  • SL Trailing SELL – s / l trailing S
  • TakeProfit, points – t / p resolution
  • StopLoss, points – s / l size
  • Fix lot size? = false / true – enable / disable the fixed volume position, if the function is disabled, then the% of the balance
  • Lot size – volume position
  • Lot size,% of Balance – the volume of positions,% of balance
  • Maximum spread size – maximum size spread (at the value “-1”, the parameter is ignored)
  • Maximum slippage – maximum slippage

Stay tuned for updates, use the expired .set files. Advisor optimized for the five-digit quotes (three decimal places for XAUUSD tool). If your broker uses four characters (two for XAUUSD), download the appropriate preset

https://www.mql5.com/ru/market/product/20495#!tab=comments&comment = 4013232

Gold Advisor SE

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How will financial Week

How will the financial Week?

Commodity
market, special attention should be paid to the
copper. The annual moving average of
this metal consumption in China
record grew. Rise in price of copper will
continue, especially if you remember,
China – the main consumer of copper
in the world. At the same time the world’s reserves of this
It was significantly reduced, reaching
minimum for the last 6 years.

The price of oil
restored: is a correction
rollback. Brent has not yet reached
mark of 103.45, but surely this
seeks. Markets are preparing to raise
demand for “black gold”, but so far it
not much impact on oil prices.

In the currency
market
today await the end of the symposium
in Jackson Hole, which will perform chapter
two of the largest global regulators:
Janet Yellen, and Mario Draghi. rather
likely, the Fed chief will speak quite
aggressively. USD / JPY will
continue to rise and the dollar will continue to
strengthen.

eurozone
continued fever: EUR / USD
I went down to the lows more than
year-old prescription, and speech
Yellen has every chance to leave a mark
1.32.

In Britain yesterday
published data on retail
Sales in Britain. These data are, frankly
speaking, are rather weak. No hurry for
move to tighten monetary
is not politics, today’s speech
Yellen will be the last test for
the pair GBP / USD, which is now
It is trading at about 1.66.

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TrendLine Alert

TrendLine Alert

TrendLine Alert allows you to draw a trend line, and if the price touches it, and outputs the audio videoalert. line color changes when it is touched, the price.

Input parameters

  • Distance – distance between the price and the line when it is touched.
  • MsgAlerts – enable / disable audioalert.
  • eMailAlerts – enable / disable sending of the alert by email.
  • Push – Alert the breakout line.
  • ChangeColour – Change the color of the line when it is touched, the price.
  • ColorOfHitsLevel – color of the line when it is touched, the price.
  • SoundAlert – audioalert.
  • ExcludeString – maximum or minimum price of a candle, which should occur touch line.
  • ExcludeLength – if the candle is too small.

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Multi Symbol Price Divergence

Multi Symbol Price Divergence

Analysis of price co-movement of the many tools in one, and
the same time comfortable and more graphically when quotes
They are in the same chart window on a common price scale. For this purpose
multi-indicator analysis of price differences was developed Multi Symbol Price Divergence for use in the terminal MetaTrader 5.

In
external parameters indicator can specify to 5 symbols for analysis.
Total along with the current symbol characters may be analyzed 6
at the same time. The indicator will determine whether there is entered in the parameters
characters on the server and add it to the Market Overview window (Market Watch).
If you want fewer characters, it is enough to leave an empty value. If you want to include from time to time a different number of characters that can be
just add a space in front of the name, that would mean that
the program does not find this symbol on the server.

For the price of each character can be included inversion. That is, when the
inversion for the price symbol will
inverted. This can be useful when the list used for the
Analysis characters are present, for example, with pairs USD (U.S. dollar). The dollar may be a base currency and quoted. For example, in the currency pair EURUSD the dollar is the quote currency, and the currency pair USDCHF – base. In this case, if the current symbol in the chart EURUSD, then USDCHF You can enable inversion, thus obtaining a more convenient representation of price analysis. 

In addition to the parameters to select the characters and the inclusion of inversion there are
additional options for selecting data presentation modes. Below
you can see the complete list of the external parameters of indicator:

  • Draw Type – type of graphic
    construction. one of the three can be selected: LINES, BARS and CANDLES.
  • Start Price Divergence – This parameter specifies the data display mode, meaning
    which is that there is a point / points on
    which (s) prices of all characters will fit closely. This enables
    track difference in prices during the period until the next
    point. one of the five modes you can choose from the drop down list: Vertical Line (Vertical line) Month (month), Week (a week), Day (day), Hour (hour).
  • Two Colored Bars / Candles –  if for plotting the selected mode BARS or CANDLES,
    then enabling this option you can specify a two-color mode
    Data display. That is, the bars / candles are geared up to be
    displayed in a lighter color than the bars / candles, which are aimed
    down.
  • Symbol 02 – the second character. By default, the GBPUSD.
  • Inverse Symbol 02 – the inversion of the second character.
  • Symbol 03 – the third character. By default, the AUDUSD.
  • Inverse Symbol 03 – the inversion of the third character.
  • Symbol 04 – the fourth character. By default, the NZDUSD.
  • Inverse Symbol 04 – the inversion of the fourth character.
  • Symbol 05 – the fifth character. By default, the USDCAD.
  • Inverse Symbol 05 – the inversion of the fifth character.
  • Symbol 06 – six characters. By default, the USDCHF.
  • Inverse Symbol 06 – inversion of six characters.

If parameter Start Price Divergence is selected Vertical Line,
then the graph will be installed vertical green line
moving that you can specify the program, at which point the clamp prices
all characters.

A more detailed description can be found on my website: Multi-LED Multi Symbol Price Divergence.

Multi Symbol Price Divergence

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Daily Economic Digest from Forex ee

Daily Economic Digest from Forex.ee

Daily Digest of economic Forex.ee

Keep an eye on major economic news with us

Monday, June 5

Couple GBP/ USD It continues to consolidate in early European
Trading in the level 1.2870 area after today’s opening with a bearish gap. On
Pound remains today one of the most talked about currencies in the market, as
several important events continue to alarm investors. It seems that the British
the bulls were unable to hold on to their gains Friday, allowing the pair to move away from the area
1.2890-2900 as another terrorist attack hit the UK
Last weekend, thereby weakening the pound on the market. At the moment, the grouping
“Islamic State” has claimed responsibility for this terrorist
attack. Moreover, investors continue to be cautious in the run-up
elections in the United Kingdom, to which there are only 4 days. according to the latest
polls, the conservative position improved slightly in recent years, yet
Still they were not able to significantly increase the gap between its main opponents – Labor
Party. On the other hand, the market continues to discuss the positive data on
construction in the UK and the disappointing figures from the US labor market,
that supports the pair on Monday. Now the market’s attention remains
It focused on the index of business activity in the UK services sector in the
While the index of business activity in the non-manufacturing sector of the US from the ISM
also provide investors with short-term trading opportunities in SA
trading session.

Couple EUR / USD He retreated from the highs of this
year, fixed at 1.1285 after weak data on the change in the number
engaged in non-agricultural sector of the US. On Friday, the pair met
substantial support from the bulls after a report on US employment in May reflected
performance weaker than market expectations, thus forcing the retreat of the dollar
across the board. Also, the dollar’s sharp retreat due to the fact that by
NFP release time investors
We have already priced in a positive result, since a change in the number of
US non-farm employment in the sector by ADP, presented last
Thursday, indicated the possibility of a significant increase in jobs in the market
US Department of Labor. However, despite the negative data from the US, the dollar managed to slightly
recover against its major counterparts in the Asian session, as
as the chances of the Fed’s tightening of monetary policy at the June meeting are
quite high. Looking ahead, euro area today will introduce only minor
reports at the time, the US economy will release the index of business activity in the non-manufacturing
sector of the ISM, which attract most of the attention of the market.

After opening with a
bearish gap at the beginning of this week a couple AUD / USD
It regained its upward trend, which started on Friday amid
disappointing data from the US labor market. The pair remains
near its 7-day highs, marked at the level of 0.7487 this morning after
how the Australian economy has published positive data from the labor market.
Additional support received from the Australian Chinese data from the sector
services that were above market expectations. However, moderate
US dollar recovery, and low copper prices further limit
income couples. Further, today the focus will remain on macroeconomic
data from the US, but any sudden movement of the pair are unlikely today, as
Investors are preparing for the RBA decision on interest rates, which is scheduled
the next Asian session.

This morning
couple USD / JPY It traded with a small
bullish bias after a sharp decline, marked last Friday. Looks like,
bulls in the US dollar today are in fighting mood, restoring
a small portion of its losses after a strong sell-off on the buck on weak
Data on changes in the number of people employed in non-agricultural sector of the US, as
the likelihood that the Fed will raise its benchmark interest rate at the June meeting exceed
80%. In addition, the pair received further support during the Asian session
after positive Chinese data provoked a surge of interest
traders to the more profitable assets. However, further recovery remains
limited, because the markets are still discussing the recent terrorist act,
It happened in London, thereby keeping the-haven assets in the trend. Today
investors will focus their attention on the macroeconomic data from the US unit,
including the index of business activity in the non-manufacturing sector from the ISM
and several minor reports, which will be able to set short-term trend
pair in the CA’s trading session.

Main events
of the day:

The index of business activity in the UK services sector
– 11.30 (GMT +3)

The index of business activity in the non-manufacturing sector
From US ISM – 17.30 (GMT +3)

levels
Support and resistance for the major currency pairs:

EURUSD P.
1.1177 C 1.1335

P. S. USDJPY 109.43 112.19

GBPUSD P.
1.2820 C 1.2938

USDCHF P.
0.9553 C 0.9751

AUDUSD 0.7345 P.
S. 0.7493

NZDUSD P.
0.7028 C 0.7204

USDCAD P.
1.3434 C 1.3568

The best conditions for the start at the STP only Forex.ee! Sign up account is now

and feel the difference with the first deal!

your Europe ECN-broker,

Forex.ee

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