mql5

W1 price is on primary bullish condition with secondary correction with good possibility to reversal. The price was on correction since the middle of january this year: price was bounced from 1.2922 to start to be ranging near Senkou Span line which is the virtual border between the primary bearish and the primary bullish trend on the chart.

• Tenkan-sen line crossed Kijun-sen line of Ichimoku indicator to below which is indicating the primary bearish market condition in the near

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Tags: ichimoku, technical analysis, usdcad

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• Weekly price broke Ichimoku cloud for the bearish reversal to be bounced from 1.4465 support level;
• The price is started to be ranging within 1.4465 support and 1.5837 bullish resistance level near Ichimoku cloud;
• AbsoluteStrength indicator is estimating the bearish trend to be continuing with the secondary ranging.

Trend:

• D1 - ranging bearish
• W1 - bearish breakdown
• MN1 - correction

Tags: euraud, technical analysis

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Table of Contents

• Introduction
• 1. Generally accepted method of evaluating the RSI indicator
• 2. Area method
• 3. RSIAreaIndicator_v1
  
  • 3.1. Creating a draft for an indicator
  • 3.2. Filling the indicator header line
  • 3.3. Editing the indicator's OnInit() function
  • 3.4. Creating the additional indicator function
  • 3.5. Creating the main operation code of the indicator
  
  
• 4. RSIAreaExpert version 1.00 — Expert Advisor
  
  • 4.1. Editing the Expert Advisor's header line

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Tags: metatrader, mql4, mql5, rsi

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Weekly price is on primary bullish trend located above 100-period SMA and 200-period SMA for the secondary correction: the price was bounced from 1.4386 support level for the ranging within key bullish s/r levels.



If the price breaks 1.4386 support level so the bearish reversal will be started with the secondary ranging.
If the price breaks 1.6103 resistance level so the bullish trend will be continuing.
If not so the price ...

Tags: eurcad, technical analysis

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Contents

• Introduction
• Event Model Based on Centralized Processing, ENUM_MARKET_EVENT_TYPE
• Access to Events Occurring on Other Instruments, the MarketEvent Structure
• The "New Bar" Event. New Tick and Bar Detection Algorithms
• The CPositionMT5 class — Basis of the Platform-Independent Algorithm
• Trading Strategy Prototype — the CStrategy Class
• Conclusion

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Tags: centralized processing, cpositionmt5

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