MetaTrader 5, a new version of the popular terminal MetaTrader

Trading Platform MetaTrader 5 is intended to trade on Forex, CFD and Futures, as well as the stock markets. This gives the opportunity to trade on several stock exchanges and financial markets from one account to Metatrader4 It was not possible. Also changed the concept of working with the positions by new orders. Terminal MT5 available in English and Russian interface.

Stock glass (Market Depth)

In addition, realized Metatrader 5 Market Watch - stock glass, but to see it live yet possible. Stock glass - a table or a graphical display of the current sentiment in any market. Otherwise it is called "window applications.

In practical terms, exchange glass may be useful short-term or medium-term traders, as well as pipsovschikam. Using a glass, you see not only the schedule with historical prices, but the real sentiment of the market at the moment. We see that the glass in MT5 yet realized quite pathetic, but let's hope that with time it will make it more funktsonalnym.

Here's how, for example, looks like glass in the terminal Open E Cry:

Prevent locking

Terminal MetaTrader 5 (MT5) now has a drastic difference compared with MT4, d such concepts as the position, the transaction and the warrant. Here each traded instrument can be only one position. Now the order - an order for execution of transaction, which is formed as a result of the transaction. Position of the same - is the amount of positions open on a particular instrument. The figure shows the differences Metatrader4 from Metatrader5:

It is easy to guess that locking will now be prohibited. Good or bad? Turn to the document NFA, which describes the reasons for locking http://www.nfa.futures.org/

At NFA, there are two objections to this strategy. First, its use leads to the fact that customers were losing the opportunity to earn deals. Secondly, its use leads to increased financial costs of clients. In particular, doubling the cost of inputs and outputs on the market. In the OTC market customer, which opens in opposite directions, pay a double commission. Similarly, currency trader pays the full spread on two occasions (buying into the upper boundary of a spread, selling at the lower boundary), instead of paying the average of the spread of input and output. In addition, increases and other costs. In a typical transaction, the customer receives a "percentage" for a long position and pays "interest" on the short position. Because the two positions reflect each other's mirror image, we can expect that the income and payments will be equal to zero. In practice, however, the amount that the client receives a long position is always less than what he pays for the short position. As these transfers occur daily in the rollover of positions, eventually rising losses.

The above costs are an integral part of the strategy, but there are additional losses that may arise under certain circumstances. Forex dealers usually determines the balance of funds in the account, hoping to eliminate the price of a particular position, using the price Bida for long positions and the price offera for short positions.

If the client long enough to hold two opposite positions, it will lead to the fact that his funds could fall below the required level of security deposit. Moreover, if the spread on the currency pair will rise that may occur with increasing volatility in the market or preparing forex dealer to critical market events, customer deposit may be reduced even more rapidly. If an increase in deposit spreads will not meet the minimum requirements for the deposit, the account can be liquidated (margin-call) on unfavorable to the client's costs, despite the fact that the exposure risk for the client is zero.

This strategy also creates opportunities for abuse. Forex broker may advertise this strategy inexperienced clients to earn extra spreads. Experienced client can use this scheme to launder money, incurring losses deliberate on current costs. Managers can use it for fraud and cheating their customers.

Thus, developers Metatrader 5 were pretty good and correct reasons for the changes to work with orders.


Analytical tools Metatrader 5

Analysis of the dynamics of prices of financial instruments - the most important component to successful trading. In MetaTrader 5 developers have tried to give traders as much as possible analytical capabilities.

To services of traders as in the past three kinds of graphs: linear, Japanese candlesticks and bars. For the analysis of these data you can use the 38 built-in technical indicators, 39 graphics and many MQL5-indicators. All of these analytical tools can be combined in different ways: on the indicators can be cast objects to construct indicators from other indicators, and so on. For convenience, the indicators are divided into groups: trend, oscillators, volume, Bill Williams, and others the opportunity to create their own groups and move the indicators between them.

History quotes in the terminal MetaTrader 5 is stored only in the form of minutes and the (M1), and all graphics are built on them. This decision has increased the number of timeframes to 21, and for the analysis of quotations can be used any time, from minute to monthly. The main limitation is the timeframe of their multiplicity: one hour must be an integer minute periods. This rule satisfy the following timeframes: M1, M2, M3, M4, M5, M6, M10, M12, M15, M20 and M30.

Storage format of historical data in the terminal MetaTrader 5 has a high efficiency. For example, the minute quotation history on GBPUSD over ten years is only about 10 megabytes. Pumped the story once, you can build all the graphics on this instrument from M1 and ending with MN1.


Working with orders to MT5

In terms of opening orders in MT5 a lot of innovations. But the dialogue itself has remained virtually unchanged.

In addition to the general rules of execution of orders given by the broker, the trader can specify additional conditions in the field "policy performance" (valid only on the stock market) order window:

1) All or nothing (All or None)
When you specify such conditions, the transaction can be accomplished only in the specified volume and costs equal to or better than specified in the warrant. If the market is currently not present enough of a financial instrument, then the warrant will not be executed.

2) Remove the residue (Cancel)
In this case, a trader agrees to make a deal on the most affordable on the market volume in the range specified in the warrant and at a price equal to or better than this. In this case the missing amount of additional applications not
exposed.

3) Redo (only for deferred execution)
When you specify such conditions the trader agrees to make a deal on the most affordable on the market volume in the range specified in the warrant and at a price equal to or better than this. In this case the missing amount will be put up additional application at the price specified in the warrant.

Add more types of pending orders - they are now six:

• Buy Limit - an order to buy trading at a price «Ask» equal to or better than the price specified in the warrant. At current price level is greater than the value specified in the warrant. Typically, this type of warrant in anticipation that the price, having fallen to a certain level, will increase.

• Buy Stop - an order to buy trading at a price «Ask» equal to or better than the price specified in the warrant. At current price level is less than the value specified in the warrant. Typically, this type of warrant in anticipation that the price, having reached a certain level and continue its growth.

• Sell Limit - an order to the merchant market at a price «Bid» of equal or better than the price specified in the warrant. At current price level is less than the value specified in the warrant. Typically, this type of warrant in anticipation that the price, having to a certain level, will fall.

• Sell Stop - the trade order to sell at «Bid» of equal or better than the price specified in the warrant. At current price level is greater than the value specified in the warrant. Usually this type of warrant in anticipation that the security price reaches a certain level and will continue to decline.

• Buy Stop Limit - this kind of warrant combines the first two types, as a stop order to set a limit order to buy ( »Buy Limit»). As soon as the future price «Ask» reaches the value specified in the warrant, the order will be processed «Buy Limit» at the level specified in the warrant. The current price level is less than the prices, which are to be set pending order.

• Sell Stop Limit - this type of order is a stop order to set a limit order to sell ( »Sell Limit»). As soon as the future price «Bid» reaches the value specified in the warrant, the order will be processed «Sell Limit» at the level specified in the warrant. The current price level is greater than the price at which will be set pending order. And the price of a pending order above the level of its installation.

Autotrading

For the development and use of advisors, custom indicators and scripts in the terminal MetaTrader 5 answers IDE MQL5. It consists MetaEditor 5, MetaTrader 5 Strategy Tester, MetaQuotes Language 5 (MQL5) and the client terminal MetaTrader 5, which are performed by experts. Note that the tester strategies yet, but his ideology is fundamentally different from that to which we are accustomed to in MT4.

Language for programming trading strategies MQL5 has a very high speed and performance on this indicator very close to the language of C + +. In comparison with MQL4 language faster in 4-20 times. This allows you to use more sophisticated experts who are able to handle large amount of information per unit time and, consequently, produce more accurate forecasts of price movements. In addition, new language is object-oriented, which facilitates and accelerates the development of counselors.

To write the expert used a MetaEditor 5, equipped with a new system of IntelliSense. It automatically adds the various language constructs and displays a prompt for the parameters of various functions. Built-in debugger allows you to quickly find mistakes and correct them. After completion of the work and the compilation of the expert, it automatically appears in the terminal and can be immediately put into work in the market.

5 MetaTrader Strategy Tester - a powerful tool for any developer experts. With its help you can get the results of behavior Adviser stories before launching an expert in real trading account. The detailed reports on the trading system will evaluate the advisor and to identify problem areas in it, as well as the expert to compare with other developments. In addition, optimization of experts to determine the most effective options within the variables and make your advisor profitable.

Conclusions

The new platform MT5 significantly better than the previous MT4 - access to the trading floors and object-oriented programming language MQL5 Metatrader raised to a new level. Of course, yet still looks damp and there is a large part of the functional, but with time, Metatrader5 will take a worthy place in the ranking of trading platforms.



Open a free demo account can be directly from the trading terminal MetaTrader 5.


Download Metatrader 5 (7.5 MB)

World Market Times - watch the world FOREX trading sessions

A simple utility for World Market Times clock shows the world's trading session of financial capitals of the world - London, Sydney, Tokyo, New York. Also on the schedule individually marked European trading session (Europe) and hours of the New York Stock Exchange (NYSE).

In a single window displaying the current time in 4 cities.

The program is created as a promotional product supplier company trading signals.


Download World Market Times (668 KB)

Currenex Alpari Direct - trading platform ECN

The trading platform Currenex Direct from Alpari - ECN-a platform that provides direct access to the market FOREX, trade execution in real-time (Non Dealing Desk) and deals with a click (1 click ESP). Therefore, when using the platform of new technologies eliminate the need to wait until the agent will perform the application, or worry that a warrant is not working as it should - all orders are executed strictly according to its market price.

Platform Alpari Direct allows a trader to perform technical analysis on charts, receiving news from Dow Jones, a well as access to the economic calendar.

For trade in the platform provided a basic set of orders: Market, Limit, Stop, Trailing Stop, OCO (One Cancels Other - one cancels the other).

Available as a trade from the charts, and quotations from the panel with one click, it is sufficient to specify the settings in Tools-> Enable One Click Trading and set the desired lot size.

Alpari Direct trading platform is suitable for scalping, because speed of execution is no problem.
Carry out technical analysis in the platform can be, but a little inconvenient: for example, the grid graph can not be compressed / stretched in the vertical axis (the values of the price), so for a full technical analysis makes sense to use another program, but directly to trade - in Direct.

Advantages trading platform Currenex Alpari Direct:

- Direct access to interbank liquidity
- Instant execution of orders
- Technology Non Dealing Desk (NDD)
- Lack requotes

To begin the work in the platform Currenex, you must:
- Open a demo account Currenex Demo
- Download and install the
- When you run the platform in the window "Connect" to select a server "Demo"
- Enter username and password

Access to the demo account is available for 30 days.

This program requires the package. NET Framework 2.0 Service Pack 2.


Download Currenex Alpari Direct (7.6 MB)

ThinkOrSwim PaperMoney - a Complete Installion and Using Guide

Thinkorswim - an innovative trading platform with advanced functionality. News flow from Reuters, access to trading volumes, traders community, the scanner of financial instruments on the stock market, financial television, emu trades, advanced charts, trading strategies, analysis of volatility - all of these features provide ample opportunities for successful trading.

Trading platform Thinkorswim has two modifications - PaperMoney (demo Trade) and thinkDesktop (for real trading). This article will be reviewed version PaperMoney.

It should be noticed that the software is quite complex. Its interface differs substantially from the common trading platform and to deal with it, you will need a lot of time and effort, and confident command of English.

Installing Thinkorswim PaperMoney

Download the platform on the link below

Register on the link provided email, which you can access:

Copy the verification key of the letter and go to VERIFY EMAIL sent you a letter.

Insert the verification code and click Submit. Your registration will be confirmed.

Then you can run the program and enter your username and password.

Connect possible to paperMoney, and Live Trading - practically no difference. True, there PaperMoney Level2, and in LiveTrading, in demo mode, it is not.

Gadgets Thinkorswim

In PaperMoney there is such a thing as a gadget - internal application that performs any function. Among the gadgets:

1) News from Reuters
2) Radio
3) CNBC (works only during the American stock market trading)
4) Calculator (no time he was required before the deal)
5) Games (sapper, Tetris, Lines)


Graphs (Charts)

Trade tab, you can configure your working place - there are only 4 types - All Products, Forex Trader, Future Trader, Active Trader. They differ from each other by a set of tools on the Advanced tab, and temporal scale of the displayed data. In the Active Trader present 5-minute charts. While Forex Trader displays 12 charts popular currency pairs.

Charts tab is similar to tab Trade, they are very similar and different initial settings and templates for these settings. Under Charts - 6 charts, and tab Trades - 2 graphics, glasses and table deals. In general, both tabs can lead to the same species.

Working with charts is somewhat different from the usual all Metatrader. To get to any tool, there are a few steps through the context menu, or a few buttons in the main menu, which is not very convenient. Irregular grid - that is not composed of identical squares, as in MT4. Graphic tools (Drawing) about the same, but the indicators (Study) is much greater. For convenience, the indicators have a dual partition - alphabetically and by application (the force of the market, trend, etc.)

There are also a tool such as a strategy. They are small scripts, arrows are placed in places of entry and exit activities online. Bektestinga strategies provided.


Trade in ThinkOrSwim

Trade, as elsewhere, are using warrants. Present warrant 4x types - Market, Stop, Limit, TrailStop. Orders such as Stop and Limit and TralStop hung on Market Order. In addition, orders can be tied into complex OCO pair. OCO (One Cancels All) - all orders in the group will be canceled if one of them is executed. Thus, you can put 2 orders in the breakdown of the channel, and when one of them works, then the other - to undo.

For those who do not anywhere except the MetaTrader trading system warrants PaperMoney may seem complicated - but it's worth to work for a while, and you get used to it.

Incorrectly filled the order will be rejected by the system, and it saves you from mistakes when filling out fields.

When ActiveTrader can see the unique data - the glasses on the instruments, as well as a table of all transactions. This can significantly help in the decision. However, there is a fly in the ointment - for demo data is delayed 20 minutes.

Tools for analysis

A very interesting tool for data analysis. This analysis of volatility, transactions in the past, the risk of a portfolio analysis of returns and so on. In the picture below is a graph of volatility for the S & P500.

Another interesting point is the scanner, which selects the tools under the given conditions. Scan This function has several modes of operation - Stock, Spread and the Book. For example, we shall take action at the cost of more than $ 10, has grown by more than 1% and with a market capitalization of $ million. At the exit get UEM - only one action complies with the conditions.

Filter Results 6 - price, turnover, capitalization of the company, the absolute change for the session, the percentage change for the session, EPS. In addition, there are 22 additional parameter that can be selected in 2 of the lower forms, among them - different price data, the ratio of stock options, volatility, etc.

This scanner easily choose actions that are appropriate for your strategy - low liquidity a cent, undervalued, fast growing, etc.


Market Overview (MarketWatch)

This tab allows you to receive important information about the market - the press conference companies, stock split, dividend information, general information about raw materials and much more.


Traders in your community

In PaperMoney have the opportunity to watch the transaction of other traders, read the analyst, share ideas, and so on. This platform creates a feeling of total immersion in the exchange world. However, all in English.


Programming

In PaperMoney have built a programming language that lets you create your own indicators and strategies. Language is very similar to Easy Language in Omega and much easier mql4, truth, and the possibility of much more modest. Finding your way in programming within the Trading Station allows the built-in dictionary that describes all language constructs, as well as examples of internal indicators and strategies.

Features avtotorgovli in the platform is not provided, but through the program website can be accessed at the online-services companies that provide this service.


Guide and support

Before working with the program, or if you have any difficulties, you can see the program through the tab Help. Opportunity to learn something new host - videos in format. Wmv,. Mov,. Svf - at your service. Duration of commercials is from 5 to 10 minutes.

In addition, there are links to educational sites, radio and email support.

Conclusions

Trading Platform PaperMoney creates all conditions for the analysis and successful trading. This is one of the best software for trading. Significant minus only one - a delay of 20 minutes on a demo account, therefore, to obtain operational data necessary to open a real account.

Open a real account is possible through a broker, whose name matches the name of the program.


Download

Thinkorswim PaperMoney (12.2 MB)

eSignal has released eSignal 10.5 software

eSignal has released the latest update to its eSignal 10.5 software, which includes extended intraday historical data. The update allows users to access 12 years of minute-based bar data for North American equities and indices, and two years of North American, European, and Asian futures, forex, and treasuries. eSignal 10.5 includes “hot lists,” a market scanner highlighting traditional gainers, losers, and volume lists. Hot lists can perform unique scans, such as unusual volume, most volatile, and trade rate, the last of which displays the fastest trading stocks in the previous minute. The new sector lists give users the ability to list which symbols are in specific sectors, create watch lists, and insert symbols into a quote window for sorting and analysis.
Additional features include an optimized global portfolio window, shared symbol lists (enables users to move synchronized lists of stocks, futures, and other data from one page to another or from one PC to another), forward curve and yield curve charts, new data fields, and more. eSignal 10.5 is available now. For more information, visit www.eSignal.com or call (510) 723-1765.

VolFix - Program For The Trading By Volumes

VolFix - Analytical trading platform with non-standard graphical user interface for analyzing the market based on the volume of transactions. VolFix provides opportunities visualization and structural processing of transactions on electronic trading exchanges SME (Chicago Mercantile Exchange), SWOT (Chicago Board of Trade), NYMEX (New York Mercantile Exchange), NYSE (New York Stock Exchange), MICEX (Moscow Interbank Currency Echange), RTS Stock Exchange. The platform features innovative opportunities to work with futures contracts.

With VolFiks can analyze futures contracts on major currencies (eg EUR, GBP, JPY), indexes (S & P500, NASDAQ), in the U.S. and Russian actions (Gazprom, Lukoil and others).

VolFix What's new?



VolFix offers a new standard for working with historical data. Processing and visualization of volume - a new technological level in the software designed for electronic trading in futures.

Visualization of the volume is seriously changing opportunities to develop and implement trading strategies. No prior market transparency is the revolutionary advantages in relation to the standard methods of display. Access to historical data for more than 600 days creates a space to study the methods of structuring data.

VolFix way of structuring data using Market Profile, created in the early 1980's Peter Staydlmeyerom, a member of the Chicago Chamber of Commerce.

Available box news from leading news agencies in English.

The platform has a feature floor and change of trade orders (orders), which allows you to open positions and maintain records of trade transactions.

The original graphical user interface resembles the era of the old stock exchange terminals and at the same time, it is very functional. To work with VolFix better to have more than one monitor (optimally 3-4) and a screen more than 1024x768 (1280x800).

Volumes Ideology

Markets is not enough just to see one price. Many traders use technical analysis indicators, which are a superposition or a derivative of the real market price, and can detract from an understanding of its movements.

In all markets, the price is based on supply and demand. High demand (and hence high price) is that the buyers make the real deal, and these prices are concentrated directly form the volume. Useful, what are the volumes of money for specific prices. Prices are where there are large volumes, which form their levels on which you can take commercial decisions.

VolFix takes stock quotes on the basis of which gives different synthetic parameters: for example, delta (delta) - the difference between the demand (bid) and offers (ask).

In any transaction there are 3 main parameters: price, volume, time. The analysis of these 3 parameters and the objective is to determine.

Types of graphs in VolFix

Along with the usual Bar Charts in VolFikse has several innovative types of graphs.

Tick Sluster Charts

Analysis of the transparency of prices to trades completely changed after the appearance of Level II quotes and market depth Depth of Market (DOM). Graphs Tick cluster provide price transparency for the completion of trades through the demonstration of activity on prices and volume at one point and at any given time range.

Tick cluster - that is a price filled in the chart in its own color, which indicates the amount of any other stock exchange statistics. If you combine these cells together, you get the bar, much like any candle, or a histogram. The main difference, and, consequently, the advantage Tick cluster is that it shows the processes occurring inside the bar, and displays important information such as volume of transactions, the pressure of buying and selling, as well as filter by color.

The benefits of scheduling Tick cluster include an opportunity to see the formation of a new market movement: where the market sets the price, and who of the participants (buyer or seller), is trying to influence the price. Thus, Tick Cluster Charts - this market under the microscope.

Also available in quantities of ticks for intraday trading intraday. Options analytical platform designed primarily to facilitate the task of finding the correct inputs and outputs, as well as a good indicator of wins and losses (P / L) by a clear structuring and filtering ticks volumes.

Cluster Charts

During a change of trend at the extremum appears large volume of trades. Trader-bull, which is in a long position can be found only at the point of entry levels, where a large amount of mass said closing position and spread. But traders, bears (the leading bid for a fall), is activated when the market rises to the point of capitulation. In the place where the greatest volume of trades, is always the top or bottom of the trend.

Cluster Chart function allows traders to see when and how high / low volume of trades affected the price, thereby ensuring the transparency of pricing.

This distinguishes it from the bar graph showing the volume of trades on the timeline. Display volume on the timeline can not give an accurate price and a certain amount of time to take positions. Cluster Chart feature helps the trader to determine the priority price levels, larger volumes, with the option FilterSetup, will be allocated to selected color.

Such a system is the visualization of the volume of modern technology to identify the price range for the best sale or purchase. You can perform the monitoring of the proposed (bid) / ask (ask) prices.

Combo Bar Charts

Combo-Combo Bar charts identify trends or to identify price patterns in any time period: for example, to impose on each other a few days per week schedules, or to consider the change of trends within the day of the interval of several hours.

System Requirements

For correct operation VolFix recommended:

Processor: CoreDuo 1,8 MHz
RAM: 1024 Mb
Operating system: Windows Vista, XP, 2000
Internet: from 512 kb / s
Screen resolution: from 1152x864
Connecting to a computer system from at least four monitors

Trial access and conditions of use VolFix

Free trial access to the 10-minute delayed quotes:
Username: DEMO
Password: DEMO

Real-time version of "Market Profile":
Username: MPROFILE
Password: MPROFILE

If you entered the program and there is no data (even when you press the button WATCH), this may be because the stock exchange, where trading tool selected is currently closed and no quotations. Try a different time interval.

The program is updated automatically when you start checking for new versions online.

Monthly fee for the use of the program ranges from $ 300 to $ 3000 per month depending on the set of tools.

In the preparation of this article have been used materials and screenshots from the forum procapital.ru

Timing Solution - Spectral analysis

Model "SPECTRUM"

In this article I will review the work of the Spektr module. This model is based on fixed cycles. To work effectively with them, the author recommends the use of daily price data, a depth of at least 2 years, although this model gives better results for the ten-year data. On the day the schedule is more than 3500 bars. The weakness of this model is that it is based on fixed cycles, and for an ideal result, these cycles should remain intact condition. In reality, however, invariable cycle is only in theory but in practice, their phases and periods are subject to constant change.

In one article Sergei Tarasov still cycles compared with the orchestra. "Still the cycles can be compared with the orchestra. Usually, he performs good music, but one of the musicians suddenly fell ill and a little son thought his father was now occupied by them, in the end we did not touch the violin at the moment, and as a consequence - to change ringing sound, etc. This case can be compared with the change in period for the fixed cycle. Another musician in the band dispersed, and often confuses the pages in a folder with notes. It may well begin to play Mozart's somewhere in the middle. The analogy shows is subjected to phase change. But in general, the musicians are there to perform the melody. "

Fig. 1 The phase shift through the forecast

Figure 1 shows how this situation is reflected in the line of projection. In the true picture of all time, made some adjustments. To detect such displacements (changes in the periods of cycles), the structure of cycles, it is desirable to check with the help of special tools Wavelet diagram. (Fig. 7) length of a still life-cycle embedded in the peculiarities of the cyclic model (John F. Ehlers, MESA and Trading Market Cycles). After the end of the cycles to change their frequency or disappear. The phases of these cycles can make incredible leaps.

Fig. 2 The idea of predicting the motion in the

Behavioral diagram (Fig. 2) means that we analyze the historical price data, then create a model for the fixed cycles, we check it for stability and further results are used in prediction. For example, I will work with the daily schedule of EURUSD (historical data from 07.04.1989 to 06.05.2005 is 4178 bars, or 16 years). And so it begins with a purpose. We must clear himself represented the end result (Fig. 2) forecasting the line and what we have to decide to do so.

Objective: Get to the afternoon schedule EURUSD predictive line with the horizon in the future on Upcoming two months (May, June) and calendar trading signal buy / sell.

Objectives:
1. Using the Spektr module to get periodogrammu price data selected currency pair.
2. Using "Active charts to choose the working cycles, which can develop further in the next 2 months.
3. Make pre-selected for further cycles of learning Neural networks.
4. Using the module "Neural Net" to select the projection target indicator. Set the time indicator.
5. Set the options for the training of the network.
6. Train the neural networks and to obtain predictive line.
7. By using the editor buy / sell trading signals to obtain the projected area (May, June).

Before an assignment I prepared for example, two drawings from the sinusoid patterns are different time periods. Fig. 3 shows a sinusoid with period 30, as in Fig.4 with a period of 60 and 90. In Fig.3, after computing cycles in the main window appears periodogramma sinusoids with a period of 30, one large peak. With this cycle in the list of "Identified cycles"

Fig.3 Periodogramma sinsoidy with a period of 30

You can look at the "active figure" to visually see how this cycle. In this example, throughout the series chart was red, it means that the cycle for the entire history of excellent work, and will work in future with high probability. In the upper right corner of the figure shows the Wavelet diagram, which for the Y-axis was the horizontal line period cycle of 30 and a broad red stripe on the timeline axis X, which indicates a strong and sustainable cycle.

Now look at Fig. 4 which depicts all the charts for the harmonics with a period of 60 and 90. In the main window is now available, two-cycle and an active figure resembles a washboard. Stability and strength of the cycle with a period of 60 is not constant and Wavelet diagram that shows the variability in detail. After consideration of kachastve example, artificial harmonics (Fig. 3 and 4), one can begin to build a predictive line daily schedule EURUSD.

Step 1: At this point, the program calculates the most part of the cycle and displays them in the main window of the module. These are the cycles of the program found for currency pair EURUSD: 34 / 47 / 75 / 96 / 130 / 167 / 190 / 237 / 262 / 322.

These cycles are translated from the visual to the numeric format and displayed in the lower left window, "revealed cycles"

Step 2: Using the "Active diagrams"

Fig.4 Periodogramma sinusoids with a period of 60 and 90

Fig.5 Periodogramma EURUSD

consider the cycles of history and the possibility of using them for predictions. To be able to browse through all cycles, I combined them into one image (Fig. 6). Figure watch between 2005 and choose the courses that imeeyut red, and the brighter the better. Not hard to notice that the cycles, with their distinctive red color of this year no, but there are a few weak harmonics workers, who are this year pale in color. This indicates that we are approaching the emergence of new cycles, or the active inclusion of older, taking into account the new basic data.

Fig.6 Active Chart cycles

Fig. 7 presents wavelet diagram, which is a detailed pattern of price data EURUSD. In this diagram, you can consider any period of the cycle by selecting it on the scale between Y and see his work on the axis X. If Fig.6 reduced to small sizes, we get rough rice. 7.

Fig.7 Wavelet diagram

Step 3: At the overtonami (broken down cycle), the selected cycles are placed in the "final list of cycles (in the lower right corner of Fig.11).

I will create two models of Neural networks, so in the first model to login Neural networks would cast all the loops, and second only to a selected. This will allow the watch to the new data, which model would be better and more sustainable. I chose the following cycles: 46.9 (low) / 74.5 (good) / 130 (very weak) / 190 (weak) / 322 (weak).

Step 4: trobats loops ready for use as a basis in the event module Neural Net (Fig.11). In this example, I will create a forecast for the oscillator, which is calculated by the formula: (Close - MA (Close, Period = 55)) / MA (Close, Period = 55). This indicator is chosen button Out / EXIT Button Input / input allows the paste from the clipboard transformed data cycles (Fig. 9).

Step 5: In this example, I use the default settings Neural networks, which can be seen in Fig. 8 and change them to better those who are good friends with the theory of neural networks.

Step 6: When you click "teach" the neural network training begins. But immediately the question arises: when to stop training? Manage the process of learning Neural networks can help an information panel Neural Net (Fig.8). Its essential function - visualization processes: we have an opportunity to see how well the currently forecast line corresponds to the price. To stop the learning process, press STOP (Fig.8).

Fig. 8 Stop Learning

When clicking on this button, or understand where to find this very "stopping point"? Much depends on the parameters set by our Neural networks (in other words, the fact that we downloaded at the entrance and exit), and the price data that we analyze. Here there are no rules. There are only general recommendations, when to stop the training process. Click "Stop", if you match these two conditions are met:

1) you see a good correlation between the line of projection and price data in the training interval (cyan region);
2) Line prediction correlates well with price data and the test interval (purple region).

You can also use certain settings for the program itself to determine when to stop learning Neural networks. Click Stop; activate the option "Stop when" (Fig.8). Got 2 from the forecast (see Figure 10). For red

Fig. 9 Module Neural Net

line to the log file all the harmonics, while for the blue line just selected. I would like to draw your attention to the fact that neural networks can see only the data up to March 01, 2005, and it is desirable to recalculate every month, taking into account the new price data received or after the apparent discrepancy rates and projection.

Step 7: The final step, I look through the list of transactions editor of trading signals. In the example, I got two lines pognoza, so the two transactions, the schedule (see Figure 10). For the red line in the upper right corner, while the blue line to the projection in the lower right corner.

The forecast in the light of recent price data
Well, that during the writing of this publication in the market place severe price changes under the influence of fundamental factors, so I had to make new models in the light of recent data. Fig. 10 illustrates the two projection lines, which were built on the data to 01 March 2005, as in Fig. 12 Three Neural networks based on data up to 13 May 2005. Transactions for each model are shown on the left side of the image, border color indicates what lines are the prediction of trading signals.

A comparison shows that the projected line on fig.10 and fig. 12 do not coincide and, consequently, different trading signals. Consequently, the question arises: Which version of the projection used for commercial transactions? To this end, the program module is Back Testing, which allows you to check the model for sustainability in the future. The next publication will be devoted to this module.

Now I want to go back to the latest published fundamental data for May month. Euro Exchange on strong data on employment (NFP), a sharp reduction in the trade deficit and an increase in retail sales in the United States, the sample, a significant support at 1.2870. It was at this point might be expected completion of the formation of the E wave triangle, but now the picture under the influence of fundamental factors greatly changed in favor of the dollar, but if you look at нейросетевой prediction, all 3 models are in the transaction Buy (12.05.05 - 1.2679 at selected cycles ; 11.05.05 - 1.2805 in all cycles). To test

Fig. 11 List of the selected cycles and converted

Fig.12 Projections from 12 in the light of recent data

Neural networks input data for the current forecast takes time, and how he executed depends on the time cycles, which include the work in the next two months. And now, I print out this page with the latest forecasts and trading signals, and paste into your treydersky dnevnichok. To get this program you can download a demo version on the website: http://www.fx.winm.ru/ts.htm

Prepared by Vladislav Antonov (A_Vlad), analyst Viac
email: a_vlad@viac.ru

Forms (cycles price and time)

Performance

Above presented daytime schedule "Microsoft" (MSFT). Two examples of indicator "Form" can be seen in the chart - purple and green. Parameters for option, shown in purple below.

Options

• Type of form - the kind of form that you would like to build. Selection includes ellipse, rectangle and X
• Repetition - this option is there if you would like to see your form repeated in the chart. Identical form to be duplicated by using a choice of horizontal and vertical intervals.
• Filling - if this option is marked, the form or forms to be filled by the same color as the form.
• Center coordinate - if this option is marked, the basic shape will be constructed around the center with the coordinates. If this option is not checked, it will be installed at the location of the lower left corner of the base form.
• Label - This option is valid only if the pattern repeats. If this option is checked, then each form will be marked with X, Y coordinates relative to the base form. For example, the form located on the left side of the base form will be marked with (-1, 0) while the form on the two positions above the base form will be marked (0, 2).
• Price - the price on which to build a basic form. When "The Center coordinates" checked, then the price will ask the vertical center of the base form, otherwise it will set the price lower edge of the base form.
• Date / Time - Date / time on which to build a basic form. When "The Center coordinates" checked, this setting the date / time will ask the horizontal center of the base form, otherwise it will set the option price / time of the left edge of the base form. Options
• Color - the color, style and thickness of the lines form.
• Height - the height of the form in the U.S..
• width - width in the form of bars.
• Vertical spacing - vertical spacing between repeated forms in dollars. This option applies only if the option "repetition."
• Horizontal spacing - horizontal interval between repeated forms in bars. This option applies only if the option "repetition."
• Concentric multiplitsirovanie - if this option is highlighted, the box to the right, you can determine its value. These values will be used to build additional forms with the same center, but the height and width of the base form will be multiplied by the given value. For example, a value of 2 will lead to the construction of additional forms with the same center, but twice as much height and width than the base form, while the value of 0.5 results in building a more concentric form with a half-height and width of the base form.
• Vertical step - this option allows the user to define a vertical step, which will be used when testing the indicator's "Form", using the up and down arrows on the keyboard, as described below. This vertical step will be used to regulate the height, position and the vertical interval. If the value is not specified, the program will automatically install its own step, based on the price range chart.

Description
Indicator Cycles price and time have been more appropriate name - the indicator "Forms", which was added as a separate button on the toolbar in the graphical package "Investor / RT". A separate button on the toolbar does much more than the addition of an indicator light "Forms" at the required location schedule. To do this you must first click on the button toolbar, and then the cursor will change to a pencil with a square next to it. Then we construct a rectangle on the graph around the area where you want to post the form. Once the form is located on the ground, it can be moved by moving a small point, which refers to either center or lower left corner of the form (depending on whether or not marked "Center coordinates" in the indicator). Recommended for use in indicator parameters "Form" to establish a combination of parameters to be used most often. To open the display settings to double-click on the small dot on the indicator "Form". Some people prefer a rectangle, while others may prefer a square or an ellipse. Someone wants to build a blue rectangle repeatedly, while others only a green ellipse. Once you have set your parameters, you need to make their default settings. To do this, once again, open the options window and select "Set Default". Now, every time you use the toolbar to add shape to your schedule will be raised by the default settings.

Indicator of the "Forms" is a flexible tool that allows you to build a repetitive, concentric and autonomous forms, which are cost-effective and time on the schedule. The basic form is located, based on a set of coordinates of the price and the date / time. These coordinates specify the lower left corner or center of the base form. The size of the form to specify the parameters of width and height. Height is given in dollars, while the breadth of uses bars. The basic shape can be constantly repeated throughout the schedule, because the option "repetition." Duplicate forms can be separated, both vertically and horizontally. The interval is defined by the parameters of "vertical intervals and horizontal interval. Interval 0 Condense shape in such a way that they would relate to each other. It can also be constructed in concentric multiplitsirovanie basic forms and repeated form.

To do this it should be noted option "concentric multiplitsirovanie" and to determine the multiplier that you'd like to use. As their name implies, concentric multiplitsirovannye forms have the same center as the base form. Multiplier determines how much will be increased or decreased the width of the base form.

If the display option "repetition", the basic shape will be shown a little bit brighter line than the other forms. When "The Center coordinates" is not checked, then the lower left corner of the base form will be marked by a small circle, representing the coordinates of the price and time on which the LED, otherwise center circle will be marked with the basic forms. It can be quite inconvenient to adjust the forms to the desired settings using the options window. This problem can be solved through the full control of the parameters directly from the keyboard.

Forex Magazine
based on www.linnsoft.com

Lanes

Strips CCI

In 2005, the software package "Ensign Windows" introduced technology "PriceFinder.", Is perhaps the most significant innovation over the last year, which can be used with any technical tool. The graph below, for example, it is used to indicate the price at which the indicator would be "commodity channel index" (CCI) moved higher values of 133 or below -133.
The upper green line is the price that causes the CCI to move above 133. Shortly after 14:00 on the price schedule, the price crosses the upper green line up, and the CCI indicator is in the bottom window is moved above the value 133.

And each time, when the price is traded below the lower red line, the indicator CCI is below -133 values. Green and red lines create a visual channel, which allows the trader to see at what price CCI crosses any given significant level.


Lines Полос CCI 133 jobs created by the following: For "PriceFinder." must set the appropriate parameters, so the program knows which set of conditions


must be executed. Line A defines the condition that the CCI indicator was above the level of 133. This condition is either true or false and is set in the global variable [1]. Line B directly activates algorithm "PriceFinder" (pricing), which builds green price at which the condition of line A will change. When the CCI is below 133, it will set a higher price, which will make the move above the level of CCI 133. When the CCI is above 133, the "PriceFinder" find a price which will make the CCI indicator to move below 133. Lines C and D are used to construct the red line displays the value of the price at which the CCI indicator to move below the level of -133. Line C sets the test conditions to be fulfilled. Line D to find a price that will lead to fulfillment of conditions from S.

Labels [B] and [D] on the line B and line D shows the price as determined by a "PriceFinder", which is shown in the chart at the end of lines. CCI indicator is currently located above the level of -133, so that the value of the red line is equal to 1205.25 - this is the price that must show the market-based instruments at the 3-minute bar to make the CCI indicator to cross the level of - 133 from top to bottom. So far, the market traded above 1205.25, the value of the indicator CCI will remain above the level of -133. This information can be very useful in the case of CCI indicator is used to make trading decisions.

While the example used the values 133 and -133 as the target levels, it is obvious that can be used by all levels of CCI as a defining and "PriceFinder" build relevant channel strips. This instrument is totally flexible in the application. Can be defined even for complex multi-consensus search terms for which "PriceFinder" will find the answer.

Strips RSI
This example is similar to the example Полос CCI 133, but illustrates the construction of Полос Relative Strength Index (RSI), to indicate when the RSI is above 70 or below 30. Though the graph can also be placed directly Indicator RSI, it is not in the example. I want the reader to obtain a new understanding of the RSI, looking only at the bands RSI.


The following are used for the above example parameters:

Line A defines the control condition, meaning that the RSI indicator is above the level of 70.
Line B shows the green price at which the RSI indicator to fulfill the conditions defined by line A, ie reaches values of 70.
Line C sets the test condition that the value of the indicator RSI was below 30.
Line D shows the color value of the price at which the condition is defined by line C, ie RSI value reaches 30.
Line of E allows to build a middle line between the red and green line. Therefore, this line indicates whether the RSI is above or below zero.

The bands Bollindzhera
This approach is somewhat different from traditional Полос Bollindzhera. Strips Bollindzhera directly below the graph held in green. Program "PriceFinder" builds a blue line to show the importance of the price at which the maximum price bar crosses the upper band Bollindzhera and the importance of the price at which the minimum price bar crosses the lower band Bollindzhera.


Initially, it may be thought that green and blue lines must match. But this is not quite true. As the price moves to the line of bands Bollindzher line Bollindzher bands will move away from the price of a rise in volatility. For example, the price is now at a point 1206.75. If the price would go down to touch the bottom green line Bollindzher bands, the green line would have moved even lower. The price will reach the bottom line of bands Bollindzher in a significant price equal to 1205.25. This illustrates the effectiveness of the tool "PriceFinder" in the performance of complex calculations to find the necessary solutions.

Line A defines the control condition for the line B, for which you want to find the price. Note that line B to find a price that makes a given condition is true. This differs slightly from the previous examples, where "PriceFinder" find a price, which led to a change in the status of the verification conditions (true - false).

In this case, there is value pricing, which leads only to a change in the status of true. The point is that once the maximum is located above the upper bands Bollindzher, there is no other prices that will change this state. Lower prices do not change the maximum. Therefore, it is logical to use "PriceFinder" only when the maximum is below the top bands Bollindzher to find a higher price at which the maximum reach the top bands Bollindzher. Please note that when the maximum is already above the upper bands Bollindzher, "PriceFinder" does not hold the line. This is because there is a break in the line "PriceFinder". The blue lines are violated, when verifiable conditions are already true.

Strips of variability
Strips of variability (PI) calculated levels of support and resistance for tomorrow's price activity. They work perfectly as a daily support and resistance areas and are often the domain of a turn.

The formula for band variability using historical volatility of a single day by multiplying the historical volatility on the square root of 1 / 365, which gives the value 0.05234.

Delta PI = Historical Variability * Square root (1 / 365) * closing price of the day * Factor size Upper Band (Resistance) = closing price of Delta + PI Lower Band (Support) = closing price - Delta PI

Strips of variability used for market surveillance, taking into account size: 1.0, 1.28, 1.5 and 2.0. This tool can be used in the software package "Ensign Windows" using their own parameters.


Line A calculates the 30-bar historical fluidity and keeps the value of global variable [1]. A typical value of - 17.50. Line B corrects decimal Historical variability, by dividing it by 100, and again stores the value in [1]. [1] = 0.01 * Historical Variability of Line C multiplies the historical fluidity of the value of 0.05234, which is the square root of 1 / 365. The result is stored in [2].

Line D calculates the delta PI = Closing * * 0.05234 historical fluidity. This value is stored in the Delta PI [3].
Line E multiplies Delta PI for one of the factors of size, which in this example is 1.50. The result is stored in [4].
The line F & G is building a pair of Полос variability for Delta PI in [4], adding this value and subtracting it from closure.
The line H, I and J is building another pair Полос variability of size equal to Factor 2.

Values Полос variability, which are now being used as support and resistance levels for the next day.

Forex Magazine
based on www.ensignsoftware.com