Determining Market Condition

Sentiment is too bullish. The weekly graph shows a hook sell signal, a sign of coming weakness. The monthly cycle topped on the 11th and the weekly cycle does likewise on the 17th. The combination of the bullish sentiment and the cycle tops point to a volatile week to the downside for gold. There is an irregular cycle that bottoms on the 20th which has set off short-term rallies in the past. This is likely to touch off a short-term rally in the last week of the month.

Cycles point down for the gold market.

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Interesting indicators were coded for MQL5 CodeBase based on June 2020 TASC article "Correlation as a cycle indicator" by John Ehlers

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In his June 2020 TASC article "Correlation as a cycle indicator" John Ehlers describes one possible way to determine trend in the markets. His article describes 3 possible ways of determining the trend and here we shall post all the 3 possible ways.

1. Correlation market state - indicator for MetaTrader 5
2. Correlation angle - indicator for MetaTrader 5
3. Correlation phasor - indicator for MetaTrader 5

RSX volatility ratio adaptive - indicator for MetaTrader 5

RSX is "smoother RSI than RSI". It is an RSI that, without adding lag is producing smoother RSI values. This version adds volatility ratio adapting to it in order to make it more responsive to market condition changes at the times of high volatility, and to make it smoother in the times of low volatility

If you look at the change over the last ten days and one month, the stock has returned 20% and 14%, respectively, thus having outperformed the market on both occasions.

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Online signature company DocuSign stock has declined by about 18% over the last month (about 21 trading days), trading at about $119 currently, underperforming the broader S&P 500 which remains down by about 6% over the same period. The stock also remains down by around 60% from its 2021 highs...

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F5 Networks Inc. stock price gained 44% from $139 in 2019 end, to around $200 currently, primarily due to favorable changes in its P/S multiple. Additionally, the company witnessed a rise in revenue over this period, and revenue per share has increased, despite a rise in the outstanding share count.

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Here is a new article from our series which is for beginners to learn about a new technical tool and how to design a trading system based on simple strategies. It is the Variable Index Dynamic Average (VIDYA) indicator. This indicator is one of the trend-following indicators that can be used in our trading and the concept of this term means that this indicator follows the trend. So, it is a lagging indicator and it means that it moves after the price movement. We will cover this indicator through the following topics:

1. VIDYA definition
2. VIDYA strategy
3. VIDYA strategy blueprint
4. VIDYA trading system
5. Conclusion

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According to Janus theory, markets are driven by the interplay between prices and how traders react to them. When markets are trending, market participants show confidence by letting their profits ride. In an uptrend higher prices confirm participants' expectations of the trend, which in turn induces more buy-in. This has the effect of pushing prices even higher.

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The Australian Dollar recovered from a fresh low last week with the US Dollar ricocheting on the debt ceiling resolution, but the RBA could play a bigger role in the week ahead.

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The purpose of this article is to create templates for including indicators to EAs. Let's look at indicators from the oscillator category, their input variables, creating an indicator handle and obtaining the required data from it.

• Average True Range
  
  • Parameters
  • Initialization
  • Deinitialization
  • Data retrieval
    
    
• Bears Power
  
  • Parameters
  • Initialization
  • Deinitialization
  • Data retrieval
  
  
• Bulls Power
  
  • Parameters
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  • Data retrieval
  
  
• Chaikin Oscillator
  
  • Parameters
  • Initialization
  • Deinitialization
  • Data retrieval
  
  
• Commodity Channel Index
  
  • Parameters
  • Initialization
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  • Data retrieval
  
  
• DeMarker
  
  • Parameters
  • Initialization
  • Deinitialization
  • Data retrieval
  
  
• Force Index
  
  • Parameters
  • Initialization
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  • Data retrieval
  
  
• MACD
  
  • Parameters
  • Initialization
  • Deinitialization
  • Data retrieval
  
  
• Momentum
  
  • Parameters
  • Initialization
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  • Data retrieval
  
  
• Moving Average of Oscillator
  
  • Parameters
  • Initialization
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  • Data retrieval
  
  
• Relative Strength Index
  
  • Parameters
  • Initialization
  • Deinitialization
  • Data retrieval
  
  
• Relative Vigor Index
  
  • Parameters
  • Initialization
  • Deinitialization
  • Data retrieval
  
  
• Stochastic Oscillator
  
  • Parameters
  • Initialization
  • Deinitialization
  • Data retrieval
  
  
• Triple Exponential Average
  
  • Parameters
  • Initialization
  • Deinitialization
  • Data retrieval
  
  
• Williams' Percent Range
  
  • Parameters
  • Initialization
  • Deinitialization
  • Data retrieval

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