Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.
-
Welcome Guests
Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.
FireBird - VertexFX VTL Indicator
-
Similar Content
-
By Jonh Smith
I searched in google with keywords best forex robot 2019 and in the end I found fxflightproEA from their website fxflightpro.com . if anyone has ever bought, I was interested in their ea. I saw a very small drawdown, and monthly profit looks great.and I see myfxbook profit reaching 50% in 50 days. if there are buy please review here and I say thank you if anyone would like to share here.
thanks
-
-
By Verde Solution
The Smoothed WPR indicator is a powerful VertexFx client side indicator script that provides insights into the market trend and reversal of trends. It is based on the Williams %R indicator. The Williams %R displays the relationship of the current closing price with respect to recent N highs and lows. Unlike normal oscillators, Williams %R is a negative oscillator, in the sense that -100 represents oversold conditions and 0 represents overbought conditions. The Williams %R although very useful in identifying trend reversals produces whipsaws when there is a large deviation in the latest closing price. To avoid whipsaws and provide more reliable technique for identifying reversals the Williams %R is smoothed using a smoothing co-efficient. By default the smoothing co-efficient calculated as 2 / (1 + SMOOTHING PERIOD). By default the smoothing period is same as the Williams %R period. However, the user can override the default smoothing period by set the value of SMOOTH_PERIOD to the desired period. When the value of Smoothed WPR is falling it indicates a bearish trend. When the value falls below -80 and starts reversing (or moves sideways), then oversold trend is nearing completion and the market should turn from bearish to neutral or bullish. Similarly, when the value of Smoother WPR is rising it indicaters a bullish trend. When the value rises above -20 and starts reversing or exhibits sideways movement, then it can be inferred that the bullish market is nearing completion. It is very likely that the market will turn sideways or bearish soon after this event. BUY / EXIT SHORT - It is recommended to enter a LONG position (or exit SHORT) when the Smoothed WPR is below -80 and starts moving sideways or upwards. SHORT / EXIT LONG - It is recommended to enter SHORT position (or exit LONG) when the Smoother WPR is above -20 and starts moving sideways or downwards.
smoothed wpr.vtl
-
-
Topics
-
-
Posts
-
By Stocks4life · Posted
BLND Blend Labs stock breakout, from Stocks to Watch at https://stockconsultant.com/?BLND -
By HFblogNews · Posted
Date: 6th December 2024. How Will NFP Impact The Trading Markets? The Euro increased in value against most currencies on Thursday, but investors remained cautious over the ECB President’s comments. According to economists, the ECB is almost certain to cut interest rates next week. President Lagarde advises the Eurozone is likely to witness lower economic growth than previously expected. Analysts changed expectations for the US Unemployment Rate to rise to 4.2%. Most experts now expect the US rate of unemployment to remain unchanged. Poor US employment data can increase the potential for a December rate cut and further fuel the bullish trend in the stock market. EURUSD – Will The Fed Cut Interest Rates? The EURUSD rose in value on Thursday ignoring resistance levels but now moves closer to a stronger resistance point. This key level can be seen at 1.05969, but in order for the EURUSD to find bearish momentum at this level investors will be hoping for poor employment data. Economists expect the NFP Employment Change to read 215,000 and for the Unemployment Rate to remain at 4.1%. Analysts also continue to expect the growth in salaries to continue. If these three releases indicate a resilient and strong employment sector, the chances of a Federal Reserve rate cut fade. However, if the data is poorer, the US Dollar can potentially decline as a rate cut this month becomes more certain. Regarding the Euro, market participants are turning their attention to macroeconomic data from the Eurozone. Retail sales declined by 0.5% MoM, slightly worse than the expected ˗0.4%. Additionally, Germany’s industrial orders for October decreased by 1.5%, following a 4.2% rise in the previous month. This indicates weak domestic demand in both the German and broader European economies, potentially prompting the European Central Bank (ECB) to consider further interest rate cuts. A recent Reuters poll of leading economists suggests the ECB may lower borrowing costs by ˗25 basis points next week and by at least ˗100 basis points over the next year. Supporting this outlook, ECB President Christine Lagarde stated yesterday that economic growth in the Eurozone could be weaker than expected in the coming months, with risks of further deterioration likely to dominate in the medium term. The US Dollar Index is the best performing currency index so far today, but is not seeing significant gains. The Euro Index remains unchanged. The worst performing currency of the day is the Australian Dollar and the Japanese Yen. NASDAQ – How Will NFP Affect The NASDAQ? The NASDAQ retraced after gaining in value for 5 consecutive days and rising to an all-time high. So far in 2024, the NASDAQ has almost risen 30% but the short to medium term price action will depend on the upcoming employment data and next week’s consumer and producer inflation. Employment data for last week was released yesterday, showing that initial jobless claims rose by 224,000, surpassing both the forecast of 215,000 and the previous figure of 215,000. However, the total number of individuals receiving state assistance decreased from 1.896 million to 1.871 million, defying expectations of an increase to 1.910 million. Commenting on the situation, Federal Reserve Chair Jerome Powell noted that the US economy is performing better than anticipated, with declining risks of labor market deterioration. In this context, Powell suggested that the Federal Reserve could adopt a more cautious stance on monetary policy, aiming to achieve a neutral position for interest rates. Always trade with strict risk management. Your capital is the single most important aspect of your trading business. Please note that times displayed based on local time zone and are from time of writing this report. Click HERE to access the full HFM Economic calendar. Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE! Click HERE to READ more Market news. Michalis Efthymiou HFMarkets Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission. -
By Stocks4life · Posted
WGS GeneDx stock, strong open, watch for a top of range breakout at https://stockconsultant.com/?WGS -
By Stocks4life · Posted
UIS Unisys stock, nice top of range breakout at https://stockconsultant.com/?UIS -
By Stocks4life · Posted
BX Blackstone stock, nice trend, pull back to 185.05 support area with bullish indicators at https://stockconsultant.com/?BX
-
