How to Subscribe Trading Signals MetaTrader4 and MetaTrader5

"Signals" in MetaTrader 5 trading platform allow traders to connect to any signal issued by providers. Select and subscribe to any trading signals provider to copy all his or her deals on your account.

The reliability of all signal providers is carefully checked to provide maximum security. All signals will work only in demo mode within a month. However, you already can master them by subscribing to one of the Expert Advisors participating in the Automated Trading Championship 2012. Please keep in mind that automatic copying of performed deals is possible only when your trading terminal is active (connected to the trade server). 
So, how to become an investor?

1. Open a real or a demo trading account on MetaTrader 5. "Signals" can work with both account types. Download MetaTrader 5 and open an account. 
2. Open an account on MQL5.com. 
3. Go to the client terminal Settings and specify your login and password from your MQL5.com account. 

4. Select a suitable signal in the trading terminal and subscribe to it. Subscription to a signals source will be set with standard parameters: the current day will be set as a start date and duration will be set to 1 month.

5. Go to the client terminal Settings and check two options in the "Signals" tab: Agree to the terms of use signal service and Enable realtime signal subscription.

6. All is set! From now on, all trading operations performed by the selected signals provider will be automatically copied in your MetaTrader 5 terminal.

You can subscribe to a signal not only from your terminal but also via MQL5.com website. To do this, select a necessary trading signal from the list and click "Subscribe". Select subscription period (weekly or monthly) and a start date. Specify a broker's name (the list of all appropriate names will be shown when you start typing the first symbols) and your login (trading account number) to copy trading deals to. 
Monitoring of Trading Signals on MQL5.com displays trading results of all proposed providers. The choice can be made based on the success of trading operations performed by different signal providers. All providers are carefully checked for reliability and allowed to offer their signals only after they successfully pass the test period. 
To subscribe to a paid signals source, your account should have sufficient funds to cove subscriptioer thn fee. All payments are made in the mql5.com internal Payment System. Find more information in the "Rules of Using the "Signals" Service".
You can manage your subscriptions via "My Subscriptions" section. Go to the section, select and subscribe to the most suitable signal and try it!

SUBSCRIBE TO SIGNALS NOW

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is liberty reserve has been closed forever

 is liberty reserve will come back

Closure of Liberty Bank liberty reserve and the arrest of its owner
The FBI arrested the named Arthur Budovski, who owns Liberty Reserve site
The first location of the online financial exchanges.

 

more about this click here 

 

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USD / JPY 27-5-2013 signals

USD / JPY 27-5-2013 signals

U.S. dollar against the Japanese yen
Pair USDJPY fell through last Friday transactions on the currency chart graph Frame today from 102.57 level has reached a low-level price 100.65 transaction is expected during today's high price to test 101.40-101.60 current resistance if the price stays below this region may continue to drop towards 100.65 and is considered this level is very important fi break him means a further decline to 98.75, on the other hand if the price was able to penetrate the resistors, the next target 102.45.

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GBP / USD 27-5-2013 signals

GBP / USD 27-5-2013 signals

The pound sterling against the U.S. dollar
The price of the pair GBPUSD through transactions last Friday on the graph chart currency Frame today and reached 1.5141 is that height is to continue to rise the initiator of the bottom interim record price at the level of 1.5013 during the transaction on May 23, and then as long remained trading below resistance 1.5172 is likely a decline after the breakout of 1.5126 targeting 1.5105 and 1.5062 in the coming days. On the other hand if the price broke through the 1.5172 resistance, the next target is the 1.5268 high area .

good luck

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EUR / USD 27-5-2013 Signals

EUR / USD 27-5-2013 Signals

Trading price of the pair EURUSD through transactions last Friday in the form of upward and reached a high level 1.2992 This is a rise resumption of the bottom of the interim set up by the price during the transaction on May 23, but the price failed to break the resistance 1.2995 and fell nearly 1.2935 and possibly a decline to test the support area 1.2890 if it break it possible to support a further decline to the 1.2850/1.2820 area. On the other hand, if price able to break through the 1.2995 resistance price may continue to rise in an attempt to break through 1.3022.
It is worth mentioning that the area of 1.3000 and 1.2840 are now aligned with moving Average 200 days in order to re-test 1.2740 during this week and transactions that level is the bottom line for the head and shoulders pattern appearing on Frame today and in the case of breaking 1.2720 will start a wave of sales for 1.2570/1.2580

good luck

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GBP/USD 21-5-2013

GBP/USD 21-5-2013

Current level - 1.5171

The intraday bias is negative again and every rebound above 1.5160 is

 expected to be limited below 1.5220, before deeper

 drowning towards 1.5026 support area.

good luck

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USD/JPY 21-5-2013

USD/JPY 21-5-2013

Current level is 102.73

My outlook here is negative, for a break through 102.45 minor support,  to 101.80 crucial low. A clear break below the latter will signal a broad consolidation pattern for 101.24 and probably 100.00 sentiment area.

good luck

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EUR / USD 21-5-2013

EUR / USD 21-5-2013

Current level is among 1.2876

The bias here is positive above 1.2840-50 support area 

and I favor a rise towards 1.2940 and 1.3020. 

Crucial on the downside is 1.2840 and initial minor resistance is projected at 1.2900.

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Weekly forex review for 13 - 17/05/ 2013

Euro

The GDP data for the euro area in the first quarter of 2013 were once again in negative territory, reaching minus 0.2 % and confirming the fact that the euro zone continues to remain in a recession for the sixth consecutive quarter. The market participants lowered the price of Euro taking into account that the ECB will probably go for further interest rate cuts in the near future. The EUR / USD pair fell to the level of $1.28 on Friday, which is 1.5 % below the close of the previous week.

In details: As it was shown by the data presented by statistical office Eurostat on Tuesday, the industrial production increased significantly in March, thereby exceeded the estimates of experts. The results demonstrated growth by 1.0%, compared with an increase of 0.4% in February. The data recorded the biggest increase since July 2011 beating the average forecasts of experts of raising the index only by 0.6% and brought hopes that the European economy emerged from recession in the period from January to March. However, these results had limited influence on the trading dynamics of the euro. The currency fell against the background of the results of the German ZEW economic expectations index for May which rose by only 0.1 points to 36.4. Economists had expected the growth of index to 39.5. The index fell to 36.3 in April, while analysts were expecting it to be 43.0. On Wednesday, the value of the euro fell sharply against the dollar, which was primarily due to the publication of data on GDP for the euro zone. The GDP result in an annualized basis was fully in line with experts' forecasts showing quarterly decline by 0.2% and yearly by 1%. In the Statistics Bureau reported that most of the major components of GDP showed a significant weakness, but the major contribution to reducing the consumption of had households (fell 0.1%), business investment (down 0.8%) and exports (down to 0, 5%). The EUR / USD pair tried to grow during Thursdays sessions on results of the report published by the Statistics Eurostat for the unadjusted trade surplus. As it was recorded, the surplus of Eurozone has markedly increased in March showing growth by more than two times compared with 10.1 billion euros in February, to a level of 22.9 billion euros. Furthermore, the data showed that the volume of exports to the euro area rose by a seasonally adjusted 2.8% compared with February. At the same time, the volume of imports fell by 1%.

US Dollar: The U.S. dollar strengthened its positions against its main rivals due to much higher growth of the U.S. economy compare with other economics. Against such a background, the USD dollar index closed on Friday by almost 1% higher than in previous week. Additional support for the U.S. currency had hints that the regulator can start reducing the amount of quantitative easing programs closer to the end of the summer.

In details : The reason for the growth of the Dollar index was the yield on U.S. government bonds, which rose to highs of March after the head of the Federal Reserve Bank of Philadelphia Charles Plosser reiterated that the Fed should begin to reduce the volume of the bonds purchasing program as early as next meeting scheduled for June 18-19. "Conditions in the labor market can begin to reduce the pace of purchases at the next meeting of the Fed," - said Mr. Plosser. The dollar got support also after the Commerce Department of U.S. reported that the U.S. retail sales rose by 0.1 % in April, beating the expected decline of 0.3%. This unexpected growth reinforced optimism about fast recovery of the world's largest economy and accelerated demand for the �greenback�. The currency continued to trade higher after the publication of the data on the manufacturing sector of New York and U.S. producer prices. The seasonally adjusted index of producer prices in April demonstrated strongest decline in more than three years dropping by 0.7% amid falling gasoline prices. The support for the dollar was provided by the results of the report of the National Association of Home Builders (NAHB), testifying the increasing confidence among home builders in May after three months of decline. The rise of the housing sector, according to the words of Mr.Vecchio, has been one of the engines for recovery of the U.S. economy, and increase the level of confidence is a positive factor for the dollar. The dollar slowed down its proudly victory�s march against all major currencies on Thursday when the result of the CPI report for seasonally adjusted consumer price index recorded decline in April by 0.4%, compared with decline of 0.2% in the previous month and average forecasts of experts of prediction of the fall the index down by 0.3%. Moreover, submitted this day by the U.S. Labor Department data showed that the number of applications for unemployment benefits in the U.S. in the week May 5-11 increased by 32K and adjusted for seasonal variation was 360K. It was the largest weekly increase since November 2012.The dollar fell against its competitors on this unexpectedly weak data prompting speculations that the Fed will not slow down the programs of bond purchases.

British Pound: The Bank of England released its quarterly inflation report, the result of which in a short time suspended sterling�s drop observed since the beginning of the last week. However, by the end of the week the GBP / USD pair dropped by 1.0%, touching the mark of 1.5170, due to uncertainty about the possibility of keeping the additional easing programs by the new Governor of the Bank of England, Mark Carney who takes office on July 1.

In details: Initially, for the growth of currency contributed presented by the Office of National data on Wednesday data, which showed that by the end of last month the number of applications for unemployment benefits fell substantially, thereby exceeded the estimates of experts. The number of applications for unemployment benefits fell in April for 7300 people to the level of 1.52 million, beating the average forecast of economists of reduction by only 3,100 people. These results also contributed to the decline in the unemployment rate which recorded the significantly lower level of 4.5% less than predicted 4.6%. However, strengthening the currency did not last long, and after the publication of the quarterly inflation report, where the Bank of England informed that the inflation in Britain could rise above 3% in June, and may be above 2% in the next 2 years, the rate of the sterling has markedly declined. This report put some light on inflation situation in country and suggested that the growth of economy may require additional incentives. It was also noted that prior to 2016 the key interest rate increase is not expected. The GBP / USD pair rose to $ 1.5271 then dropped to $ 1.5171 during further sessions.

Japanese Yen: The Japanese yen continued to lose ground against the fact that the Bank of Japan has received support from the "G7" on the proposed program of quantitative easing.

In details: The yen also weaken after the release of economic data in Japan, which recorded that the GDP in the first quarter grew by 0.9 %, while analysts expected it growth only by 0.7%.The USD / JPY pair rose to Y102.67 level, even though the publication of better-than -expected data. The results showed that in quarterly term the economy of Japan grew by 0.9 % in the period from January to March, while in yearly - by 3.5 %.

The Australian dollar: The currency continued its biggest decline. It currency fell on the background of the fact that the survey conducted by the National Bank of Australia, ahead of the release of the federal budget, showed that business confidence fell in April. Furthermore, the commodity prices were under pressure this week thus reducing prospects of Australia's exports as well.

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How to Avoid Failed (Invalidated) Harmonic Pattern

The Harmonic Pattern is so popular and we all agree it really works !! Many of Harmonic Trading topics are full of succesful screenshots of Patterns like Gartley, Butterfly, Bat ...etc. What about the opposite, the invalidated (also called failed) ones ? 

In fact, Harmonic Pattern success rate is only about 80%. 

I'll start posting some of failed cases and then I will show how to avoid it. Following examples present invalidated/failed patterns:

This is an emerging Bullish Gartley Pattern, deteced by one Harmonic Pattern Indicator, price was supposed to go up after the pattern is displayed... . what really happened afterward is price continuing down and the Harmonic Pattern expand it's right wing and failed eventually

Here are more definitely failed pattern:

The pattern signal a short sell but price still go up

Bullish Butterfly doesn't work !!!

That's why we have developed an extra confirmation oscillator to increase the successful ration of the pattern, it will filter out failed pattern and also reduce the number of potential trades. But as veteran traders Sive Morten has taught: "...Trader should better accept losing trading chance than losing trading capital..", I am happy to introduce it to you Super Trend Oscillator.

Come back to the very first screenshot in this post and compare the entry signal with the screenshot below, you will see how it pick the perfect bottom:

Compare this screenshot with the very first chart in this post to see how good it generate Buy Signal

Here is an overview of the whole system :

All Signals are generated consistently with the Emerging Harmonic Patterns and help you confidently enter the trade without worrying it would fail

Another successful case :

Here are our feedback of a recent Japanese Customer :

Happy recent customer !

This Super Oscillator is provided along with Harmonic Pattern Indicator for Price 37$. Instant download, no limit, no expiry !

Any question, email to forex3747 [at] gmail [dot] com.

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How MACD Indicator can Count Elliott Wave

Hello 

In this post I will show you how I use MACD Indicator to count Elliott Wave, this method is very useful and easy to apply, especially when the price starts moving  in a new trend. And why I say it is useful and valuable ? Because when you can predict the price movement, you would know where the price will probably head and where it will potentially stop, this helps trader with many opportunities to be profitable.

The screenshot below is the EURAUD 4H I took just now , as of May 9th 2013, you can see the price has breaked the downtrend.

Now I will zoom in a bit and explain the rules how I count the wave : 

• The peak of MACD wave is usually the 3rd wave of price in Elliott Wave Theory ( I assumed you already know the basic of Elliott Wave, if not, I will send you free ebook to learn about this, click Subscribe to be notified when it is available )
• When MACD gets close by zero, it indicates the retracement waves (wave 2 and wave 4) are completed.
• Divergence between price and MACD in the last wave usually show wave 5 is running out of fuel and it is the end of whole 1-2-3-4-5 wave.

Here is the chart how I count the Wave.

If you like this post , then Subscribe to my newsletter to receive further similar Analysis.

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Technical Indicators and EA on MQL5 Market in MT5

I think, everyone engaged in FOREX trading knows MetaQuotes company and its FOREX trading terminal called MetaTrader. The fourth version of MetaTrader is the most popular nowadays but MetaTrader 5 is winning recognition at a rapid pace. In this review, we want to tell you about a very useful innovation implemented in MetaTrader 5 - MQL5 Market.

You can find a huge number of trading tools on the Internet, including various scripts, technical indicators and Expert Advisors.
Many of these products can be downloaded for free, while some of them are distributed on a paid basis. These are mostly different trading robots developed using MQL programming language. When buying such a product, traders often receive "a pig in a poke". They cannot test an Expert Advisor or indicator before buying it. When it turns out that a purchased trading robot is not so efficient, it is almost impossible to receive a refund.

MQL5 Market helps traders who prefer automated trading to avoid low-quality offers from trading robots' developers. MQL5 Market is a special marketplace for buying and selling programs developed in MQL5. Now, any trader working with MetaTrader 5 can download, test and buy trading robots right in the terminal. Before paying for the purchased trading robot, you will be able to test it on historical data and demo account. All trading robots pass careful moderation on MQL5. If product parameters do not fit the description, such a product will not be available for download.

If you are a developer of trading robots, this service can offer you a high-quality marketplace for promoting your trading robots. You will not have any issues when receiving payments for your products, as MQL5 Market has its own payment system. MQL5 Market acts as an intermediary between developers and traders.

As we have already mentioned, MQL5 Market is available right in MetaTrader 5 terminal. To enter MQL5 Market, launch MetaTrader 5 terminal and move to Market tab of Toolbox window.

There you will find a wide variety of free and paid trading robots, indicators and utilities. Before purchasing a product, you should register on MQL5.com and enter the registration details of your account in the terminal.

Then, you need to deposit funds to your account. After that, you will be able to purchase any program easily. Before making a purchase, you can test the application and decide if it suits you or not. After buying the program, you will be able to download your copy and use it on three PCs.

Automated FOREX trading is actively gaining popularity among individual traders. MQL5 Market enables gathering together all FOREX trading applications and provides easy and transparent access to them. You no longer have to browse through a vast amount of web sites and risk your money buying Expert Advisors at unreliable web resources. MQL5 Market makes the purchase and use of Expert Advisors easy and affordable for each trader!

Use the store MQL5 Market now and here.

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