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Market Update – October 18 – China Slows – Risk-Off to start the week

Mon, 18 Oct 2021

USD (USDIndex 94.10) holds at highs, Weak data from China (Q3 GDP 0.2% vs 0.5% & Ind. Production 3.1% vs 4.5%) Big misses, Risk-Off tone to start the week. Oil... Read more

EMA eWaves Forex Trading Strategy

Mon, 18 Oct 2021

You would often hear of traders seeking for a trading edge, but what is it really about? Different traders have different ideas about trading edge. Some believe it is a... Read more

Ergodic Oscillator Indicator for MT4

Sun, 17 Oct 2021

Introduction to the Ergodic Oscillator Indicator The Ergodic Oscillator (EO) is a momentum indicator which presents momentum direction two oscillator lines, much like the widely used Stochastic Oscillator. However, its... Read more

Procter & Gamble Earnings Preview

Sun, 17 Oct 2021

Procter & Gamble’s fiscal quarter earnings report is due on October 19, 2021. The multi-national corporation reported $76.1 billion in net revenues for 2021, a 7% increase over the previous year.... Read more

OHLC Volume MT5 Indicator

Sun, 17 Oct 2021

The OHLC Volume indicator divides volumes into two threads in accordance with Open/High/Low/Close of each bar. There are no input parameters. Calculation: StreamUP = Volume * UP_Coeff / (UP_Coeff+DN_Coeff) StreamDN... Read more

Johnson & Johnson Q3 2021 Earnings Report Outlook

Sat, 16 Oct 2021

Johnson & Johnson is scheduled to report Q3 2021 results on Tuesday, October 19. In the previous report for Q2 in July, the company reported sales of $23.31 billion, an... Read more

TriMAgen MT5 Indicator

Sat, 16 Oct 2021

TriMAgen is a Triangular Moving Average generalized by J.Ehlers. It has two input parameters: Period – calculation period Applied price – price used for calculations Calculation: TriMAgen = SUM /... Read more

Retail Sales, Empire Index, Trade Prices & USDJPY

Fri, 15 Oct 2021

USDJPY, H1 US Retail Sales: Expectations are for a -0.2% decline in retail sales for September, along with a 0.5% ex-auto gain, following respective August increases of 0.7% and 1.8%.... Read more

Market Update – October 15 – Stronger equities dampened the safe-havens!

Fri, 15 Oct 2021

Q3 earnings season has gotten off to a strong start, with big banks largely shooting the lights out on revenues and earnings. Incoming data was constructive as well, with jobless... Read more

Fibo Average 2 MT5 Indicator

Fri, 15 Oct 2021

Fibo Average2 is the second version of the Fibo average indicator. It shows the moving average, which is calculated using bar prices with a shift from the current one by... Read more