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PeterBrazel

Reset or Clear Each New Bar

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I have created some code that displays some calculations on the current bar and need to clear this information and start the calculation over on each new bar.

 

I have tried this:

if LastBarOnChart and BarStatus( 1 ) = 2 then

 

but nothing displays using this statement.

Here is the code that I want to reset each bar....

Ltxt = text_new(date,time,close," ");
	text_SetLocation(Ltxt,date,CalcTime(time,RightOffset),Close-(txtOff));
	text_SetString(Ltxt,"     "+SEtxt+RightStr(NumtoStr(LoE,Dec),TTrun));
	text_SetColor(Ltxt,Locolor);

 

Any suggestions appreciated.

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try this:

 

if currentbar = 1 then Ltxt = text_new(date,time,close," ");

text_SetLocation(Ltxt,date,CalcTime(time,RightOffset),Close-(txtOff));
text_SetString(Ltxt,"     "+SEtxt+RightStr(NumtoStr(LoE,Dec),TTrun));
text_SetColor(Ltxt,Locolor);

 

 

 

;-)

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Thanks Tams.

 

But this does not seem to work. When I add this nothing plots at all.

 

Perhaps I will provide a little more of my code

 

   	//-- Intra-bar (Minute) Chart Timer -------------------------
if 		BarType = 1 
then begin
	// Grab Computer Time at End-of-Bar and calc end-time
if 	BarStatus(1) = 2 then
	dtEndTime = ComputerDateTime + dtBarTime;		

	// Calc Time Left and Display
if 		dtEndTime <> 0 
then begin
	// Calc Time Left & Pct. Left
	dtTimeLeft = dtEndTime - ComputerDateTime;
	BarLeftPct = (dtTimeLeft / dtBarTime) * 100;
	// Format the text
if 	DispMode = cDispPct 
then  
	TxtStr = NumToStr(BarLeftPct, 0)+"%"+Pad
else if 
	DispMode = cDispRaw 
then
	TxtStr = FormatTime("m:ss", dtTimeLeft)+" "{+Pad};
end 
else 
	TxtStr = "Syncing..."+Pad;

	// Display Text
	text_setstring(TxtID," < "+ TxtStr+"R:"+NumToStr(Risk,0)+" ["+NumToStr((RiskOffset),0)+"]"+ATxt);
	//// Entry Text	


	Htxt = text_new(date,time,close," ");
	text_SetLocation(Htxt,date,CalcTime(time,RightOffset),Close+({2*}txtOff));
	text_SetString(Htxt,"     "+LEtxt+RightStr(NumtoStr(HiE,Dec),TTrun));
	text_SetColor(Htxt,hicolor);

	Ltxt = text_new(date,time,close," ");
	text_SetLocation(Ltxt,date,CalcTime(time,RightOffset),Close-(txtOff));
	text_SetString(Ltxt,"     "+SEtxt+RightStr(NumtoStr(LoE,Dec),TTrun));
	text_SetColor(Ltxt,Locolor);

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Thanks Tams.

 

But this does not seem to work. When I add this nothing plots at all.

 

Perhaps I will provide a little more of my code ...

 

 

 

Peter:

 

remove all occurrences of these codes from your indicator: (all TEXT_NEW)

 

Htxt = text_new(date,time,close," ");
Ltxt = text_new(date,time,close," ");

 

and add this to the beginning of the your indicator. (right after the variables)

 

if currentbar = 1 then 
begin
   Htxt = text_new(date,time,close," ");
   Ltxt = text_new(date,time,close," ");
end;

 

 

 

the idea is this:

 

at bar #1, you draw a text object to the chart.

 

bar #1 is somewhere to the left of your chart... but you really don't care where that is.

you only draw that once, because currentbar = 1 only happens one time.

 

subsequently when your conditions are triggered,

your code reloactes the text object to a new location,

and your code reassigns a new value to the text object...

 

when a new condition is triggered again,

your code reloactes the text object to a new location... yet again !!!

and your code reassigns a new value to the text object...... yet again !!!

 

 

how come you do not see repeated text objects on your chart?

because you have only drew it once.... at bar #1.

 

 

enjoy !

Edited by Tams

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Tams,

 

You are a gentleman. When I followed your instructions nothing plotted at all. I believe I understand conceptually what you are saying.

 

Here is the complete code thus far.

{=====================================================================
NAME:  	BarCountdownTimer

TYPE:	Indicator
AUTHOR:	Bill Conley (AKA Kahuna) - Timer Counter
		Peter Brazel - Risk, Bossilator and other features. 
OUTPUT:
		This countdown timer works on Intrabar, Tick or Volume charts. 
		It displays the Time, Ticks or Volume remaining in a bar as text
	 	to the right of the last bar and a user defined portion of the 
		way up the chart (VertTextPct input).  It provides an option to 
		display remaining bar as a percent of the bar interval size. It 
		changes color from Normal Color (NormColor input) to Alert Color 
		(AlertColor input) when the bar reaches the Alert level 
		percent (AlertPct input).  A TS alert is also triggered which
		the trader can chose to enable via the TS Alerts tab.  This 
		alerts the trader as the bar is ending.
INPUTS:
		VertTextPct - Percent of chart window height at which to display timer (Default: 80)
		NormColor - Color for normal (non-alert) text display (Default: yellow)
		AlertColor - Color for alert text display (Default: red)
		AlertPct - Alert when this percentage of the bar remains (Default: 10),
		DispMode - Display mode option: 1=Percentage, 2=Time/Ticks/Volume (Default: 2)

COMMENTS:
		For use with intrabar, tick and share bar charts only. For Volume
	 	(Sharebar) charts, make sure Volume is set to "Trade Vol" and for
	 	Tick charts set volume to "Tick Count" for proper operation 
	 	of indicator. 

RELEASE NOTES:
		V. 1.0 10/08/09	Initial Version

== Inputs & Variables =================================================}

inputs:		RiskDisplaySettings(""),
		EntryBar(1), 			//Risk Calc Entry Bar 1=1 bar back
		Dec(4),	
		Mult(10000), 			//Multiplier to convert ticks to $
		RiskOffset(1), 			// E.G. 1 Tick above the high to enter long
		TextOff(1),
		TruncateTxt(2), 		//Numbers to display for swings. Default=3 e.g. 1.3456 will display 456
		LETxt("LE :"),
		SETxt("SE :"),
		HiColor(Cyan),
		LoColor(Magenta),
		CounterSettings(""),
		VertTextPct(80{0-100}),
		RightOffset(1),
		NormColor(yellow),
		AlertColor(red),
		AlertPct(10{0-100}),
		DispMode(2 {1=Pct,2=Time/Ticks/Vol})
		;

vars:		TickSize( MinMove / PriceScale ), 
			{		IntrabarPersist Bar_Number( 0 ),
				IntrabarPersist Bar_Ticks ( 0 ),}
		HiE(0),
		LoE(0),
		Risk(0),
		TxtOff(0),
		TextID(0),
		txt(""),
		ATxt(""),
		Htxt(-1),
		LTxt(-1),
		R1T(-1),
		TicksLeft(0),
		color(0),
		TTrun(0),
		EB(0),

		{Timer}
		{ Text Object Vars }
		TxtStr(""),		// Text String  
		AlertStr(""),	// Alert Text String  
		TxtID(text_new(date,time,close, " ")),		// Text Object Reference
		{ Time/Ticks/Vol Vars }
		dtEndTime(0),	// EndTime for Bar
		dtTimeLeft(0),	// Time Left in Bar
		dtBarTime(0),	// Total Time in Bar
		BarLeftPct(0),	// Percent of Bar Remaining
		BarLeftAmt(0),	// Bar Remaining in Ticks/Vol
		{ Constants }
		cDispPct(1),	// Option to display Percentages
		cDispRaw(2),	// Option to display Time/Tick/Vol Values
		cMinDayInv(1/1440),	// One Min portion of day
		Pad("         ")	// Pad to right of text display
		;
// Other Calcs
		TTrun=TruncateTxt;
		HiE=High[EB]+(RiskOffset*TickSize);
		LoE=Low[EB]-(RiskOffset*TickSize);
		TxtOff=(TextOff*TickSize);
		Risk=(HiE-LoE)*Mult; {HL*Mult;}

		EB = EntryBar;

{== Timer Initialization ===================================================}

once begin
	// Check for valid chart
if 	BarType <> 0 and BarType <> 1 then
	RaiseRuntimeError(
		"Countdown Timer is only supported on Intrabar, Tick or Volume Charts");
	// Check for valid input values
if 	DispMode <> 1 and DispMode <> 2 then
	RaiseRuntimeError("The DispMode input must be set to 1 or 2");
if 	VertTextPct > 100 or VertTextPct < 0 then
	RaiseRuntimeError("The VertTextPct input must be set between 0 and 100");
if 	AlertPct > 100 or AlertPct < 0 then
	RaiseRuntimeError("The AlertPct input must be set between 0 and 100");
	// Chart Specific Init
if 	BarType = 1 then begin 		// Intrabar Chart 
		dtBarTime = cMinDayInv * BarInterval;
if 	DispMode = cDispRaw then
	AlertStr = GetSymbolName+" bar has "+NumToStr(BarInterval*60*(AlertPct/100),0)+" seconds remaining"
else
	AlertStr = GetSymbolName+" bar has "+NumToStr(AlertPct,0)+"% remaining";
end
else if 	BarType = 0 then begin	// Tick/Vol Chart
if 			DispMode = cDispRaw then
			AlertStr = GetSymbolName+" bar has "+NumToStr(BarInterval*(AlertPct/100),0)+" ticks/vol remaining"
else
			AlertStr = GetSymbolName+" bar has "+NumToStr(AlertPct,0)+"% remaining";
end;
end;

{== Timer Calculations ====================================================}

if _LastBarOnChart then begin // Only display in real-time

	// Set Text Location from right of chart
	//Value2 = Text_FloatLocation(TxtID, VertTextPct);
	Value2=Text_SetLocation(TxtID, Date, CalcTime(Time,RightOffset), Close);
	{TextID = Text_New(Date, Time, Close, " ");
	Text_SetLocation(TextID, Date, CalcTime(Time,RightOffset), Close);
	text_SetString(TextID," < "+NumToStr(value1,0)+"  R : "+NumToStr(Risk,0)+" ["+NumToStr((RiskOffset),0)+"]"+ATxt);
	text_SetColor(TextID,color);}

	//Value2=Text_SetLocation(TextID, Date, CalcTime(Time,RightOffset), Close);
   	//-- Intra-bar (Minute) Chart Timer -------------------------
if 		BarType = 1 
then begin
	// Grab Computer Time at End-of-Bar and calc end-time
if 	BarStatus(1) = 2 then
	dtEndTime = ComputerDateTime + dtBarTime;		

	// Calc Time Left and Display
if 		dtEndTime <> 0 
then begin
	// Calc Time Left & Pct. Left
	dtTimeLeft = dtEndTime - ComputerDateTime;
	BarLeftPct = (dtTimeLeft / dtBarTime) * 100;
	// Format the text
if 	DispMode = cDispPct 
then  
	TxtStr = NumToStr(BarLeftPct, 0)+"%"+Pad
else if 
	DispMode = cDispRaw 
then
	TxtStr = FormatTime("m:ss", dtTimeLeft)+" "{+Pad};
end 
else 
	TxtStr = "Syncing..."+Pad;

	// Display Text
	text_setstring(TxtID," < "+ TxtStr+"R:"+NumToStr(Risk,0)+" ["+NumToStr((RiskOffset),0)+"]"+ATxt);
	//// Entry Text	

if currentbar = 1 then 
begin
   Htxt = text_new(date,time,close," ");
   Ltxt = text_new(date,time,close," ");
end;

	text_SetLocation(Htxt,date,CalcTime(time,RightOffset),Close+({2*}txtOff));
	text_SetString(Htxt,"     "+LEtxt+RightStr(NumtoStr(HiE,Dec),TTrun));
	text_SetColor(Htxt,hicolor);

	{Ltxt = text_new(date,time,close," ");}
	text_SetLocation(Ltxt,date,CalcTime(time,RightOffset),Close-(txtOff));
	text_SetString(Ltxt,"     "+SEtxt+RightStr(NumtoStr(LoE,Dec),TTrun));
	text_SetColor(Ltxt,Locolor);

	///////
	// Trigger Alert / Use Alert Color
if 	dtEndTime <> 0 and 
	BarLeftPct < AlertPct 
then begin 
	text_SetColor(TxtID, AlertColor);
	Alert(AlertStr);
end
else
	text_SetColor(TxtID, NormColor);
end
	//-- Tick/Volume Chart Timer -------------------------------
else 
if 		BarType = 0 
then begin

	// Calc Bar Remaining 
	BarLeftAmt = BarInterval - Ticks;
	BarLeftPct = (BarLeftAmt / BarInterval) * 100;

	// Calc Remaining value
if 	DispMode = cDispPct then  
	TxtStr = NumToStr(BarLeftPct, 0)+"%"+Pad
else if 
	DispMode = cDispRaw 
then
	TxtStr = NumToStr(BarLeftAmt, 0)+" "+Pad;
	// Display Text

	text_setstring(TxtID," <"+ TxtStr+"R:"+NumToStr(Risk,0)+" ["+NumToStr((RiskOffset),0)+"]"+ATxt);

	// LS Entry Txt

if currentbar = 1 then 
begin
   Htxt = text_new(date,time,close," ");
   Ltxt = text_new(date,time,close," ");
end;


	{Htxt = text_new(date,time,close," ");}
	text_SetLocation(Htxt,date,CalcTime(time,RightOffset),Close+({2*}txtOff));
	text_SetString(Htxt,"     "+LEtxt+RightStr(NumtoStr(HiE,Dec),TTrun));
	text_SetColor(Htxt,hicolor);

	{Ltxt = text_new(date,time,close," ");}
	text_SetLocation(Ltxt,date,CalcTime(time,RightOffset),Close-(txtOff));
	text_SetString(Ltxt,"     "+SEtxt+RightStr(NumtoStr(LoE,Dec),TTrun));
	text_SetColor(Ltxt,Locolor);

	// Trigger Alert / Use Alert Color
if 		BarLeftPct < AlertPct
then begin  
	text_SetColor(TxtID, AlertColor);
	Alert(AlertStr);
end
else begin
	text_SetColor(TxtID, NormColor);
end;
end;
end;

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Tams,

 

You are a gentleman. When I followed your instructions nothing plotted at all. I believe I understand conceptually what you are saying.

 

Here is the complete code thus far...

 

 

try simplify your code to isolate the problem...

 

e.g.

change CalcTime(Time,RightOffset) to TIME

change Close-(txtOff) to CLOSE

change text_SetString(Ltxt," "+SEtxt+RightStr(NumtoStr(LoE,Dec),TTrun));

to text_SetString(Ltxt, " THIS IS A TEST ");

 

 

ie. test the TEXT_SETLOCATION concept to make sure it works... before adding additional parameters and/or variables.

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Tams,

 

The code that produces the text works fine except that it does not clear when a new bar begins.

 

Attached is a screenshot of the code plotting the first time exactly as it should.

 

I will review your posts tomorrow as there is some small adjustment following your logic that should provide my answer.

 

Thank you for your assistance.

Text.png.cf2c022d72e026c65287983b0925c466.png

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Tams,

 

The code that produces the text works fine except that it does not clear when a new bar begins.

 

Attached is a screenshot of the code plotting the first time exactly as it should.

 

I will review your posts tomorrow as there is some small adjustment following your logic that should provide my answer.

 

Thank you for your assistance.

 

 

is that because you have 2 text objects going at the same time?

 

think... if you want Htxt to print, but not Ltxt,

where would you want to put Ltxt?

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Have you checked the reserved word

Text_Delete(keyId)

?

 

Setting the

Text_setstring to "" / empty string

?

 

Using

Text_SetLocation()

to move the text far out of sight if condition

?

 

hth

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I want both the Long Entry and the Short entry price level to be displayed based on a breach of the H or L of a prior bar by x ticks.It all seems to work when I apply the indicatlor until the next bar is formed. It then leaves a trail of the LE and SE for each bar. So your comments about resetting so that only the current bar displays the text is valid. How I achieve it seems to be the issue. If I make the changes you suggest then nothing at all displays. The counter itself with the risk detail works OK but not the LE and the SE. So I am in a spot over this right now. Of course I took the counter from the TS forum and I have quite a bit of stuff that I would like to add to it but all that I want to add has to be treated in this manner. My trades are entered manually on a seperate platform so I want to always have the information readily available to me.

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I want both the Long Entry and the Short entry price level to be displayed based on a breach of the H or L of a prior bar by x ticks.It all seems to work when I apply the indicatlor until the next bar is formed. It then leaves a trail of the LE and SE for each bar. So your comments about resetting so that only the current bar displays the text is valid. How I achieve it seems to be the issue. If I make the changes you suggest then nothing at all displays. The counter itself with the risk detail works OK but not the LE and the SE. So I am in a spot over this right now. Of course I took the counter from the TS forum and I have quite a bit of stuff that I would like to add to it but all that I want to add has to be treated in this manner. My trades are entered manually on a seperate platform so I want to always have the information readily available to me.

 

 

when I applied your code to my chart, the text objects where relocating without a previous trace.

:confused:

 

you must have another text_new there somewhere...

 

 

as long as you understand the concept... and tested the basic functionality to be working... you are in good hands.

 

you just have to trace the code line-by-line to flush out the bug.

 

Good luck.

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Michalis Efthymiou Market Analyst HMarkets 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 perfrmance 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. 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    • Date: 18th April 2024. Market News – Stock markets benefit from Dollar correction. Economic Indicators & Central Banks:   Technical buying, bargain hunting, and risk aversion helped Treasuries rally and unwind recent losses. Yields dropped from the recent 2024 highs. Asian stock markets strengthened, as the US Dollar corrected in the wake of comments from Japan’s currency chief Masato Kanda, who said G7 countries continue to stress that excessive swings and disorderly moves in the foreign exchange market were harmful for economies. US Stockpiles expanded to 10-month high. The data overshadowed the impact of geopolitical tensions in the Middle East as traders await Israel’s response to Iran’s unprecedented recent attack. President Joe Biden called for higher tariffs on imports of Chinese steel and aluminum.   Financial Markets Performance:   The USDIndex stumbled, falling to 105.66 at the end of the day from the intraday high of 106.48. It lost ground against most of its G10 peers. There wasn’t much on the calendar to provide new direction. USDJPY lows retesting the 154 bottom! NOT an intervention yet. BoJ/MoF USDJPY intervention happens when there is more than 100+ pip move in seconds, not 50 pips. USOIL slumped by 3% near $82, as US crude inventories rose by 2.7 million barrels last week, hitting the highest level since last June, while gauges of fuel demand declined. Gold strengthened as the dollar weakened and bullion is trading at $2378.44 per ounce. Market Trends:   Wall Street closed in the red after opening with small corrective gains. The NASDAQ underperformed, slumping -1.15%, with the S&P500 -0.58% lower, while the Dow lost -0.12. The Nikkei closed 0.2% higher, the Hang Seng gained more than 1. European and US futures are finding buyers. A gauge of global chip stocks and AI bellwether Nvidia Corp. have both fallen into a technical correction. The TMSC reported its first profit rise in a year, after strong AI demand revived growth at the world’s biggest contract chipmaker. The main chipmaker to Apple Inc. and Nvidia Corp. recorded a 9% rise in net income, beating estimates. 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 on how markets work. Click HERE to register for FREE! Click HERE to READ more Market news. Andria Pichidi Market Analyst 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.
    • Date: 17th April 2024. Market News – Appetite for risk-taking remains weak. Economic Indicators & Central Banks:   Stocks, Treasury yields and US Dollar stay firmed. Fed Chair Powell added to the recent sell off. His slightly more hawkish tone further priced out chances for any imminent action and the timing of a cut was pushed out further. He suggested if higher inflation does persist, the Fed will hold rates steady “for as long as needed.” Implied Fed Fund: There remains no real chance for a move on May 1 and at their intraday highs the June implied funds rate future showed only 5 bps, while July reflected only 10 bps. And a full 25 bps was not priced in until November, with 38 bps in cuts seen for 2024. US & EU Economies Diverging: Lagarde says ECB is moving toward rate cuts – if there are no major shocks. UK March CPI inflation falls less than expected. Output price inflation has started to nudge higher, despite another decline in input prices. Together with yesterday’s higher than expected wage numbers, the data will add to the arguments of the hawks at the BoE, which remain very reluctant to contemplate rate cuts. Canada CPI rose 0.6% in March, double the 0.3% February increase BUT core eased. The doors are still open for a possible cut at the next BoC meeting on June 5. IMF revised up its global growth forecast for 2024 with inflation easing, in its new World Economic Outlook. This is consistent with a global soft landing, according to the report. Financial Markets Performance:   USDJPY also inched up to 154.67 on expectations the BoJ will remain accommodative and as the market challenges a perceived 155 red line for MoF intervention. USOIL prices slipped -0.15% to $84.20 per barrel. Gold rose 0.24% to $2389.11 per ounce, a new record closing high as geopolitical risks overshadowed the impacts of rising rates and the stronger dollar. Market Trends:   Wall Street waffled either side of unchanged on the day amid dimming rate cut potential, rising yields, and earnings. The major indexes closed mixed with the Dow up 0.17%, while the S&P500 and NASDAQ lost -0.21% and -0.12%, respectively. Asian stock markets mostly corrected again, with Japanese bourses underperforming and the Nikkei down -1.3%. Mainland China bourses were a notable exception and the CSI 300 rallied 1.4%, but the MSCI Asia Pacific index came close to erasing the gains for this year. 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 on how markets work. Click HERE to register for FREE! Click HERE to READ more Market news. Andria Pichidi Market Analyst 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.vvvvvvv
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