Analytics News and Market Forecast

W1 price was on bearish breakdown since the end of 2015 by breaking Central Pivot to below for the reversal of the price movement to the primary bearish market condition. The bearish breakdown was going to be continuing since the Fenruary this year by the local uptrend as the bear market rally to be started:…

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The weekly price is on bearish breakdown which was started in the beginning of october this year on the secondary ranging way: the price broke Ichimoku cloud to below to be reversed from the ranging bullish to the primary bearish market condition. For now, the price is on testing 1.0568 support level to below for…

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The intra-day price is located abobe 200 SMA/100 SMA for the bullish market condition: the price is trying to break 52.63 resistance level for the bullish trend to be continuing.

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AUD/JPY: bullish reversal. The weekly price is located inside Ichimoku cloud for the breaking 84.62 resistance level for the reversal of the price movement from the ranging bearish to the primary bullish market condition. Symmetric triangle pattern was broken by the price to above for the uptrend to be continuing, and Absolute Strength indicator is…

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LIFEHACK FOR TRADER: FOUR BACKTESTS ARE BETTER THAN ONE

Before the first single test, every trader faces the same question — "Which of the four modes to use?" Each of the provided modes has its advantages and features, so we will do it the easy way — run all four modes at once with a single button! The article shows how to use the Win API and a little magic to see all four testing chart at the same time.

Table of Contents

• Introduction
• 1. General Principles
• 2. Inputs
  
  • 2.1. Binding the installation folder and the data directory in the AppData folder
  
  
• 3. Matching the installation folder and the AppData folder of the Slave terminals
  
  • 3.1. Secret №1
  • 3.2. FindFirstFileW, FindNextFileW
  • 3.3. An example of using FindFirstFileW, FindNextFileW
  • 3.4. Inside the terminal directories
  • 3.5. CopyFileW
  • 3.6. Working with the "origin.txt" file
  • 3.7. Finishing Stroke
  
  
• 4. Selecting an EA for testing
  
  • 4.1. GetOpenFileName
  • 4.2. Selecting an EA with the "Open file" system dialog
  • 4.3. Configuration INI file
  • 4.4. Secret №2
  • 4.5. Setting the terminal size (width, height). Inserting lines into the middle of the file
  
  
• 5. Launching tests on the Slave terminals
  
  • 5.1. Copying the EA to folders of the Slave terminals
  • 5.2. ShellExecuteW
  • 5.3. Launching the terminals
  
  
• 6. Possible errors
• Conclusion
  

New MetaTrader 5 iOS build 1509: Login to MQL5.com with Facebook

With the new MetaTrader 5 app for iPhone and iPad, it is now possible to login or register on MQL5.com using a Facebook account. Any user of this social network can access chats and a plethora of various services for MetaTrader 5 in just a few clicks. Among the large Facebook audience, a great number of mobile traders will certainly appreciate the new sign-in method.

Contents

• Introduction
• Developing a base custom graphics class
• CCircleSimple indicator class
• CCircleArc indicator class
• CCircleSection indicator class
• CLineGraph linear graph class

Custom indicators form an integral part of modern MetaTrader 5 trading. They are used both in automated trading systems (as part of the algorithms) and in manual trading. By now, it has been possible to set a drawing style and apply 18 types of graphical plotting when developing an indicator. But the platform features broader graphical capabilities. The CCanvas custom graphics library allows developing custom non-standard indicators with infinite visualization capabilities. This article introduces readers to the library features and provides examples of its application. A separate library of custom indicators is developed as well.

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This is the third and most probably the last article on this topic. We have examined and analyzed the main and secondary patterns, as well as their application tactics. The list of our objectives has not included description of complex and ambiguous techniques, like wave analysis or VSA, but I believe, the provided material is already quite sufficient for the initial acquaintance with trading currency pair baskets. In this article, we will try to bring closure to studying the patterns occurring when applying combined oscillators and trend-following indicators. Here we will talk about the combined trend-following indicators.

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In geometry, an angle is the figure formed by two rays (the sides of the angle), sharing a common endpoint (the vertex of the angle).

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A proper and detailed market analysis can help a trader to recognize how he can react to the market situations and how he can ensure right trade execution decisions for him. It is not that no more than analysis can help a trader. A foreign currency exchange trader must develop the required expertise where he can arrive at decisions after understanding the nature of the market by analyzing all essential aspects.