FXNewsAlert ver3 - Signals, Strength and News

EoD Analysis - Tuesday

1. The currency strength momentum line graph (top-middle) shows AUD (orange) and JPY (green) have been the most divergent currencies
2. All other currencies have been squeezed in the Asian session hilo; AUDJPY bidding up for swing / carry trades into triple-rollover swaps on wednesday

Kerry now giving testimony to committee for 'Proposed Authorization to Use Military Force in Syria', to beat the war-drum again. Will the algo's listen and bid up Brent Crude which has retraced heavily with a bearish engulfing candle on weekly as Putin has appeased concerns with a proposed chemical weapon hand-over.



For shits 'n giggles, let's compare Brent Crude as Kerry starts spewing bullshit and i'll post another screenshot after he's stopped. Price is currently forming a double-bottom on 5min, sitting on top of 30min & 1hr green boxes support...



3hrs later, here's the same Brent Crude Oil chart; price has found support @ 111, so it seems there's a stand-off with Syrian war.

OK, will try though I prefer to use a PC- can always have connection problems.
So VPS 's don't have memory? Mine says 640MB RAM and more than half is unused.

Athar.

Yes it has memory, but the EA and app uses a special kind of memory allocation provided by the .NET 4 client profile. It sends loads of data each tick, so i doubt that can be facilitated via a VPS. The EA and app need to exist on the same machine to communicate with each other. Sorry i can't help further, but all i can recommend is to use a laptop or desktop PC with Windows.

EoD Analysis - Wednesday

1. From this post, i said to watch for selling on GBPUSD and sure enough it's bid up against expectations
2. Market is subdued with equal sized pie-chart sectors but the line graph shows the blue line (GBP Futures) as the strongest currency
3. The following market commentary is interesting, so the heat-map forecast of GBP weakness may still hold true going into the end of the week or next week.

Brent Crude (forecasting Syrian war)

Here's an update the day after Kerry's diatribe yesterday. Price has respected lower timeframe green boxes (M30 and H1) but is still sitting @ 111.

EoD Analysis - Thursday

1. Massive divergence on currency strength widget (top-middle); green = JPY futures, Orange = AUD futures, so AUDJPY has been offered.
2. Carney reported to say to Parliament that “BoE policy is now more effective, which you could call loosening”, so this means more QE to debase the British Pound - GBPUSD now hovering around 1.58

Brent Crude (forecasting Syrian war)

Brent still sitting on top of a 1hr green support box and has bid up a dollar to 112, it's forming a rising wedge pattern on the lower timeframes with untested 15min resistance (red box) just above; will-they, won't they Syrian war chatter still on the table...

Added a video to OP; whaddya think?

EoW Analysis - Friday

1. Subdued day as pie-chart sectors are all equally sized
2. Currency strength (top-middle) shows flat market with only GBP futures (blue line) bidding upwards; GBPUSD finding offers above 1.586

Review of charts to watch...

From this post i said "EURCAD buy and GBPUSD sell" and i've been watching Brent Crude Oil all week, so let's review these charts at the End of Week...

EURCAD (unch)


GBPUSD (against expectations)


Brent Crude

EoD Analysis - Monday

1. Pie-chart :: Green sectors on all futures against marginal dollar weakness which is now at last weeks close
2. Currency Strength line graph :: Late-day USDIX (Dollar (red line)) and ADSEP13 (AUD (orange line)) strength with a small sell fakey by SFSEP13 (Swiss Franc (grey line)
3. Annotation yellow box :: Now have four charts to watch - NZDUSD is now in its final week to validate a sell signal it gave from the news heat-map widget on 25th aug (signals are valid for 4 weeks, so expires 25th Sept). Also have two signals showing GBP weakness namely GBPYJPY sell and EURGBP buy. USDCAD gave a sell signal on 1st sep and sold off immediately.
4. News heat-map widget :: This week shows EUR strongest and NZD weakest, so look to buy EURNZD but i don't use that chart so i used the next symbol pair of EUR & GBP or you could sell GBPCAD with CAD also showing +10 and GBP -4
5. GBPUSD :: Hit 8-month high but failed to reach 1.60 psychological level

Great analysis tool! It can be easily visualized

EoD Analysis - Tuesday

1. Pie-chart :: AUD largest green pie-slice from day open (market is risk-on = dollar weakness)
2. Currency Strength line graph :: Continued ADSEP13 (AUD (orange line)) strength with another small sell fakey by SFSEP13 (Swiss Franc (grey line), exactly the same as yesterday!
3. Annotation yellow box :: Out of the four signals, NZDUSD is now coming into a prime sell position on the bottom of untouched weekly red box. One to watch in the next few days; EURGBP showing signs of bidding up.
4. Fed rate decision tomorrow that is widely expected to be the start of tapering

NZDUSD - 5min

Drawn the red box from the weekly candle shown in the SR box widget onto NZDUSD chart and price is now ~18pips away. Price now testing its daily trendline:



Prediction...

Made a mistake yesterday as September futures expired, so they were the same. I'm going to code a tick momentum widget and replace the futures dependency so you can use any MT4.

Here's an update on NZDUSD 5min the day after...

That would be great Fiat! Thanks

many thanks for the fantastic tool, it is really easy to install it

great work, thanks FiatFap.

thanks

Keith,

Good progress... I am looking forward to your futures bug update.
This tool is unique thinking, and has commercial promise.

You talk about binary options... how about adding some analysis from
VIX/futures/ETF options which may be a leading indicator, probably not too
difficult to do. My feeling is that in forex, options info is a big market hole,
with lots of potential for good tools like this one.

Obviously forex options themselves don't offer the 100:1 leverage forex
itself offers, so maybe forex options trading itself is not that exciting (given the
popularity of spread betting), but their structure and market information
could help forex traders. See www.fxoptions.com



Athar.

deleted v3.2 due to a bug - rolled back to v3.1

Keith,

Great to see you back as you promised.
The installation seems a bit complex but the video is good.
Will try this again...

I was wondering if another video that walks
through a specific set-up on trade would help.
E.g., looking at, say, EURUSD, comparing its strength and charting
against other currencies, doing a demo trade on a TF like M15, and then following
through with exit.

Cheers,
Athar.

Removed the video and rolled back to v3.1, there was a nasty bug in the build so i'll have another bash tomorrow and link the video again.

Once i finish off these final widgets, it will bring the app together and i'll start posting tutorial vids...

Uploaded a much belated setup walk-through video.

Once the app is installed, each new trading day:

1. open MT4
2. wait for EA
3. open app

Setup walk-through