UniAbsoluteMarket indicator updated for the EAs ---------- UniAbsoluteMarket_v2.1 600+ indicator was created for Premium Trading Forum. This is the updated UniAbsoluteMarket indicator (regular version and for using in EAs) which corresponds the latest version of the UniAbsoluteStrength indicator. The indicator is having ability to find 8 market conditions: Bull Market, Bear Market, Correction, Bear Rally, Choppy Market, Sideways Market, Overbought Market and Oversold ...
EUR/USD dropped to lower ground, but gradually recovered, holding onto known ranges. The German elections provide a strong start to the week, which continues with inflation figures and other data. Here is an outlook for the highlights of this week. German elections: Sunday, results are due before markets open in Asia.All in all, a victory for Merkel would be positive for the euro, but this is mostly priced in.German Ifo Business Climate ...
Breakout Systems (indicators and the EA) from premium section -
Chinese traders joking ... I found the thread in Chinese language with backtesting results and with some comments. ---------------- "To interpret this graph - take a look at the test history from the start and to the end time of testing, and look at this delightful amplitude/time line": ---------------- "Since 1971? My sister was born at this time, now she is almost 50 years old. Since foreign ...
Though GBP/USD sliced right through 1.3450 like a hot knife cutting through butter, the bigger wave picture is still intact. Despite the Bank of England and market participants believing a rate hike is coming, the technical picture for GBP/USD is not as rosy. We believe Cable is in a terminal wave at three different degrees of trend. This suggests a reversal may be looming overhead. The Elliott Wave model we are following points our trend ...
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