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Many trading strategies are based on well known and popular renko charts. MetaTrader 5 does not provide renko out of the box, so traders need to utilize the platform's MQL API. The simpliest solution would be a renko indicator...
On Sunday, Italian President Sergio Mattarella blocked the formation of a Eurosceptic government. On Monday, representatives of European countries expressed concern about the unstable political situation in Italy, which could provoke a new centrifugal crisis in the Eurozone...
BF Smart Scalper EA product Page: https://www.mql5.com/en/market/product/29661 There is a PROFESSIONAL version here: https://www.mql5.com/en/market/product/32426 MQL5 channel. For news and discount here -> https://www.mql5.com/en/channels/fxautomater Telegram channel -> https://t...
Chart:https://bi0l.blogspot.com/2018/05/usdjpy-intraday-forecast-technical-side_28.html (Bear side). For sales, if S2 is broken, the targets may be (S3) with the breakdown down to (EMA522 / down h1 broken). (Side of bulls...
Chart: https://bi0l.blogspot.com/2018/05/usdjpy-weekly-forecast-technical-side_28.html (Bear side). For saved sales positions under the breakdown condition below (S1W1) targets may be equal (S2W1 / S3W1). To reduce risk, new positions should be better planned if the turn is formed from (down H4...
Chart:https://bi0l.blogspot.com/2018/05/usdchf-weekly-forecast-technical-side_28.html (Bear side). For items for sale, with the condition of forming a reversal from (key resistance levels / R1W1 / R2W1. Down H4), the targets are (S1W1 / up D1 / S2W1), with the breakdown option to (S3W1...
Volatility is a very important parameter for a quant. But I don't see many volatility based indicators being used by traders. There are invisible levels on the charts where price takes a turn. We cannot see those invisible levels but quants using their quantitative models can see them...
Chart: https://bi0l.blogspot.com/2018/05/gbpusd-weekly-forecast-technical-side_28.html (Side of bulls). For purchases under the condition of the turn of the wind (S1W1) and / or breakdown above (down D1), the target levels may be (key resistance levels / R1W1 / R2W1 / R3W1). (Bear side...
Chart: https://bi0l.blogspot.com/2018/05/eurusd-weekly-forecast-technical-side_28.html (Bear side). For saved sales positions, under the condition of breakdown below (S1W1), targets may be (S2W1) breakdown option up to (S3W1...
With participants on the long weekend, liquidity in the FX markets remains low. Hence volatile news flow continues to drive pricing. In reaction to signs that the US-North Korea summit would move forward Asian currency gained across the board...
The market greeted Sergio Mattarella’s decision to reject euro-sceptic Paolo Savona as Finance Minister. After falling as much as 0.65% last Friday, the single currency bounced back on Monday morning and reached 1.1728, up 0.55% on the session...
On Wednesday, May 30, the Bank of Canada will be deciding on the interest rate. After the Bank of Canada left the rate at the previous level of 1.25% in April, the Canadian dollar declined...
Welcome to my report on the signal! Here is the report for the trading day/a few days on the signal at which the robot is trading. Signal Statistics 28.05.2018 Signal: Link Advisor: Link...
EURUSD: The pair remains weak and vulnerable to the downside as it closed lower the past week. On the upside, resistance comes in at 1.1700 level with a cut through here opening the door for more upside towards the 1.1750 level. Further up, resistance lies at the 1...
MAIN_SETTINGS Lot - trade lot, set according to the size of the Deposit and the leverage, for example up to 800 USD not more than 0.01 lot; GMToffset (-111=AUTO) -time zone shift...
EURUSD H4 https://bi0l.blogspot.com/2018/05/eurusd-weekly-results-technical-side.html Last week the pair started with the mark (Open 1.17703; gap +5) with the test S1W1 before (17176) and the height up (High 1.18288...
Traditionally, summer is the time when business activity slows down: VIPs are basking in the sun on their snow-white yachts, the heads of the Central Banks leave the boring offices, setting important tasks aside for the autumn, and they are followed by ordinary traders who get a break...
USDCHF: The pair looks to weaken further in the new week on corrective pullback threats. On the downside, support lies at the 0.9850 level. A turn below here will open the door for more weakness towards the 0.9800 level and then the 0.9750 level. On the upside, resistance resides at the 0...