GOLD Technical Analysis break through key levels

GOLD (XAU / USD) Technical Analysis: break through key levels of the final price in the near future

The price of a weekly schedule It stored in the primary multidirectional downward trend, moving in the channel between 1162.71 support level and resistance level of 1232.41.

‘Rev’ line Senkou Span A Ichimoku cloud borders
as a virtual boundary between the primary bearish and bullish primary
trends in the price chart is above the price and close to her, making a U-turn on the primary trend upward quite likely in the coming weeks.

‘Probojnaja’ Chinkou Span line It is located so close to the price that is likely possible to predict a sharp and rapid penetration of the final price of the key levels of support and
resistance when the price moves in either direction:

  • to break the key resistance levels (e.g. 1232.41) with a sharp upward movement rates,
  • and to break through key support levels (eg 1162.71) with a sharp price movement downwards.

GOLD Technical Analysis break through key levels


Trend
:

  • H4 – Rally (local upward trend) inside bearish trend
  • D1 – Rally (local upward trend) inside bearish trend
  • W1 – multidirectional bearish trend
  • MN1 – multidirectional bearish trend

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VR Small Chart

VR Small Chart

Indicator displays a separate graph of the small size of the operating window, the principle minigrafikov MT5.

Possible collapse / expand the schedule, change the schedule tool chart period, displaying the timeline and price scales.

The program works in the strategy tester and may change during minigrafikov.

settings

  • Select symbols – All Symbols: All symbols are supplied by the broker, Only market watch: only those characters that are present in the market review
  • Prefix – two letters to separate multiple display copies (at start more than one copy indicator on the one chart Prefix shall be different)
  • Colors Skins – color schemes, setting Manual can customize your own scheme, using the parameters described below
  • Background – background color
  • Border – color fringes window
  • Border width – thickness of the rims of the window
  • Button – the color buttons
  • Button border – color fringes buttons
  • Button pressed – the color of the pressed button
  • Button text – the color of the button text
  • Price text – the color of the price scale
  • Price background – the color of the marker of the current price
  • Price border – color fringes marker current price
  • Current price – the color of the current price
  • Buy body – the body color of the Bull Candle
  • Buy border – color fringes and shadows bullish candle
  • Sell ​​body – the body color of the Bear Candle
  • Sell ​​border – color fringes and shadows bearish candle

Important:

When testing the indicator in the strategy tester, do not set the test speed slider to the maximum value!

At maximum speed indicator may slow down, as required to process a large amount of data per millisecond.

VR Small Chart

Video

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Reversal Bars

Reversal Bars

Description

The indicator determines the appearance on the chart bars, signaling a reversal of the current local sentiment, and notifies the audio signal. He also paints the bars are aligned with bovine and / or bear a priority.

The user can select the color of the paint bullish and bearish sentiment.

Input parameters

  • Sound_Play – flag to allow the sound notification.

Using

Detection of reversal bar may serve as a signal to the respective trading activities. 

The indicator can be used for manual or automatic trading advisor in the composition. For automated trading using the testimony of any type double buffer indicator: 0, 1, 2 or 3. The values ​​must not be zero!

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The indicator defines the types of candlesticks: Doji, Hammer and / or Hanging Man, Shooting Star and / or inverted hammer, spinning top, Maribozu.

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Fractal Divergence Channel

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Channel fractal divergence based on fractal patterns divergence, presenting them in the form of channel, the limits of which vary in time of occurrence of the next pattern. The upper limit of the channel corresponds to the upper side of the last fractal pattern found bear divergence. The lower boundary of the channel – is the lower part of the last occurrence of bovine pattern (see screenshot 1.).

In relation to FractalDivergence_Patterns indicator, channel version has the same parameters, to which are added two more:

  • Alert on level breakdown? / Signal level of the breakdown? – Alert window appears at the time of the breakdown of the cost of the top or bottom of the channel. The following window will appear only in the breakdown of the opposite border.
  • Notification on level breakdown? / Notify breakdown? – Sending notification to a mobile device at the time of breakdown price top or bottom of the channel.

Fractal representation of divergence as a channel not only helps to visually mark the level of the last two patterns (bullish and bearish), but also to assess the current market trend:

  1. The market in flat. Channel normal mutual border location (resistance level above the support level) at which boundary successively approach one another (see. Screenshot 2).
  2. uptrend. Channel normal boundaries mutual arrangement in which they are successively increased (see. Screenshot 3).
  3. downtrend. Channel normal boundaries mutual arrangement in which they are successively lowered (see. Screenshot 4).
  4. market transition state. Channel mutual boundaries with abnormal location (below the support level of the resistance level). Adequate to say anything about the state of the market is impossible. Most often, such states are preceded by a change of the current trend, but because in these moments better to be out of the market (see. Screenshot 5).

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