Forecasting Indicators

You had better go short after bearish price action on the H1 time frame following the next touch of 0.9812, 0.9847, or 0.9900.

This pair was dragged down again yesterday by the highly positively correlated EUR/USD currency pair. It easily cut through anticipated support levels which clearly look to have been flipped to become support, which is a bearish sign.

One promising way to achieve this is building a recommendatory system for time-efficient trading by combining the capabilities of forecasting with the singular spectrum analysis (SSA) and important machine learning method on the basis of Bayes' Theorem. The value of the selected approach lies in that the processing of data is based on the statistical analysis methods exclusively, and does not imply groundless assumptions. This gives a clear idea of both the capabilities and limitations of the method, its perspectives in creating an automated trading system.

During the development of this system, the focus was on the scale of the time frame units from 5 minutes to an hour. A fundamentally larger scale, hours and days, is more popular in the majority of descriptions of theoretically successful statistical methods (due to the reduced contribution of the chaotic component). However, such methods are of little use in the actual practice of individual speculative trading.

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Dear Igorad and ND,

Are these two indicators available in mq4 ? https://www.mql5.com/en/code/130
https://www.mql5.com/en/code/129

Originally Posted by uncle wong

Dear Igorad and ND,

Are these two indicators available in mq4 ? https://www.mql5.com/en/code/130
https://www.mql5.com/en/code/129

This is for MT4 (not very same but similar) -

Extrapolator - indicator for MetaTrader 4

The biggest problem for the global economy in 2019 will be massive business failures. Perhaps bank failures, too.

On the demand side, the end of free money will make it difficult for consumers to take on more debt. On the supply side, it could push low-profit business off the cliff.

Simply put, the end of free money is setting the global economy into a vicious cycle of slower growth. Less consumer debt could fuel less spending. And less spending could fuel waves of business failures.

That’s what happened in 2008-9, shortly after the Federal Reserve raise interest rates and the US economy slid into a recession. US Business failures soared to 6,000 per quarter, while bank failures reached 157.

Compounding the problem this time around is the rise of anti-globalization ideologies around the world, which add to pessimism for the state of the global economy in 2019.

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[QUOTE=newdigital;8828]WmiFor30 forecasting indicator (with the line/text about where to place the trade with tp) :
Yep, I tried it, but not still convinced.

This indicator seems to be enough reliable

Pan PrizMA Sin leverage 72 - indicator for MetaTrader 4

The indicator draws a moving line based on interpolation by a polynomial of 4 degrees. Built line extrapolate a sine wave and its axial or nearly constant line_power=2, or around an inclined straight line_power=3 (redrawn for the visualization of building). One value on each bar is removed from the constructed sine and axial ones and a line of extrapolated values is drawn, which is not redrawn.

Pan PrizMA Sin leverage 72 - indicator for MetaTrader 5

The indicator builds a sliding line based on interpolation by a polynomial of 4 degrees. The constructed line is extrapolated as a section of a given function by a sinusoid and its axial near the constant line_power = 2, or near the inclined straight line_power = 3 (redrawn to visualize the plot).
From the built sinusoids and axial one value is removed on each bar and a line of extrapolated values is built, which does not redraw .