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  1. EUR/USD M5: 44 pips range price movement by U.S. Advance GDP news events

  2. EUR/USD M5: 29 pips range price movement by Federal Funds Rate news events

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About mql5

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Metatrader 5 / Metatrader 4 for MQL5 / MQL4 articles preview preview
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Recent Entries

IchimokuAlert - indicator for MetaTrader 5

by mql5 on 03-28-2017 at 06:42 PM
IchimokuAlert - indicator for MetaTrader 5



This is a simple indicator from the standard МetaТrader 5 delivery package, with an additional Alert function.
Tenkan Sen / Kijun Sen Cross
The Tenkan Sen / Kijun Sen Cross signal occurs when the Tenkan Sen (Turning line) crosses the Kijun Sen (Standard line).

A bullish signal occurs when the Tenkan Sen crosses from below to above the Kijun Sen

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Pivot Star MetaTrader 4

by mql5 on 03-27-2017 at 12:05 PM
Pivot Star - indicator for MetaTrader 4

This indicator draws current pivot points, it does not plot history. Clean and simple.

Choice of Standard, Fibonacci, Camarilla, Woody's and Demark pivot calculations.

Calculation is based on previous bar of chosen period.

Default setting is H1, for scalping.


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USD/ZAR Long-Term Technicals: breakdown with the possible bearish reversal

by mql5 on 03-25-2017 at 03:26 PM
Monthly price is on secondary correction within the primary bullish market condition: the price is breaking 12.4670 support level to below on open monthly bar for the correction to be continuing. Chinkou Span line of Ichimoku indicator is going to be testing the historical price to below for the possible breakdown. By the way, 50.0% Fibo level at 11.9441 is the bearish reversal level for the monthly price.


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AUD/JPY - bullish to be continuing with 88.17 resistance to be broken

by mql5 on 03-21-2017 at 11:18 PM
AUD/JPY may face range-bound conditions going in Japanís 2016 fiscal year-end as it struggles to break the monthly opening range, but the broader outlook remains constructive as the pair preserves the bullish formations carried over from earlier this year.



The lack of momentum to test the 87.70 (61.8% expansion) hurdle may keep AUD/JPY within a narrow range especially as the Relative Strength Index (RSI) preserves the downward trend carried

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