Daily Trading Advice

  • R1:1.2803 | R2:1.2880 | R3:1.3095

    S1:1.2707 | S2:1.2609 | S3:1.2510

    Sell @ 1.707 TP: 1.2803 SL: -

    EURUSD Strategy
    May 11th
     

     

  • R1:1.4886 | R2:1.4958 | R3:1.5054

    S1:1.4764 | S2:1.4680 | S3:1.4645

    Sell @ 1.4764 TP: 1.471 SL: 1.450

    GBPUSD Strategy
    May 11th
     

     

  • R1:93.57 | R2:94.03 | R3:95.00

    S1:91.64 | S2:90.83 | S3:89.90

    Sell @ 92.70 TP: 91.65 SL: 93.27

    USDJPY Strategy
    May 11th
     

     

Central Bank rates

USD 0.25% JPY 0.10%
EUR 1.00% CHF 0.25%
GBP 0.50% CAD 0.25%
AUD 3.75% NZD 2.50%

Forex Automated Trading Systems

In my attempt to find the holy grail I. have developped several indicators and automated systems. I have attached some of them here below that I sometime use for my own trading activities. Use those indicators at your own discretion and risk as they do generate not only right signals but false signals too. I cannot be hold responsible for losses any user may endure while basing a trading strategy on those indicators. These indicators are solely distributed as free tools for the trading community and I?hope they will be used wisely and in a beneficial way. You are welcome to post in the forum category dedicated to MT4 any trading system or indicator you would like me to code.

File Version Licence Size Added Hits

The very first system I have developped. The goal I was seeking was to capture very short momentums assuming that very short period could not be corrupted by fundamentals in the same fashion than long term momentums. The system uses very short term RSI and RVI and catches the beginning and the end of successive short term momentums.

Market Heartbeat 1 GPL 28/11/2008 Download 261
Bug Tracker

Once you have identified a strong resistance or support this system has the very simple task of selling below the support and reversing to a long position when above the support. Basically, at the cost of a premium the user will end up having a position with the trend, hoping the profits reaped that way will be worth more than the premium.

Random Trader 0.6 GPL 28/11/2008 Download 211
Bug Tracker

Forex Indicators

File Version Licence Size Added Hits

This indicator analyses the shadows of the last 7 candelsticks and display the market nervosity. A slowdown during normal trading period would signify that a reversal is about to occur. The indicators can be more or less be read like the MACD but will not work properly under abnormal market conditions (for example very low volatility, or huge increase in volatility).

Shadow Meter 1 GPL 28/11/2008 Download 275
Bug Tracker

This indicator analyses the price range of a set number of past candles and calculates the relative range change for every candle compared to the past ones. A increasingly high relative change indicates an imminent reversal. This indicator is less precise than the Shadow Meter but may be used complimentarly.

Disharmony Spotter 0.7 GPL 28/11/2008 Download 236
Bug Tracker

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