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EUR/USD posted little daily volatility compared to the recent trading days today despite some interesting macroeconomic statistics coming out throughout the world. While the weekly jobless wasn’t very favoring for the greenback, the budget and trade balance deficits were better than expected and could help the dollar to grow against the euro. …

Today I’ve finished the tests of both versions of my new MetaTrader expert advisor and uploaded it to the site. It’s called Adjustable MA and is available for MT4 and MT5. It allows a rather deep customization of the moving averages and other parameters of the EA. It’s a rather basic expert advisor that trades on a cross between …

The dollar stopped growing against the euro today as the Forex market reacted on the growth of the oil price with the decrease of the inventories. The rising U.S. stock markets also helped EUR/USD to recover. The currency pair is now trading near 1.4747 after falling as low as 1.4667 intraday.

Wholesale inventories increased by 0.3% in October, …

I’ve done my first conversion of the MT4 EA to MT5. Although it’s not my first EA written for MT5 (the first one was AUD/JPY Wednesday 15:00), it’s the first one converted. I must say that I was quite pleased with the MQL5 and the whole MetaTrader 5 during this conversion process. The pull-back …

After the latest update of the MetaTrader 5 terminal beta (to build 228) the new error appeared in the newly recompiled expert advisors. When adding an EA to a chart an ”Unresolved Function” error is displayed in the Experts output tab and the EA isn’t attached (even the input parameters dialog doesn’t appear):

The error appears only …

Added an MT5 version of the Easy Trend Visualizer MetaTrader indicator to the site today. It has almost the same functionality as an MT4 version. The conversion process was rather painful with this indicator and it was the first time I really hated new MQL5 and MT5. Not only the code became more …

EUR/USD trend: hold.
GBP/USD trend: sell.
USD/JPY trend: hold.
EUR/JPY trend: hold.
GBP/JPY trend: sell.

…

EUR/USD is currently showing the biggest daily drop since March 27 this year as the nonfarm payrolls report positively surprised the dollar bulls, giving a lot of confidence in the U.S. currency. The higher dollar sent the commodity and equity markets in the red zone despite the promising fundamental conditions. EUR/USD is now trading …

EUR/USD showed a high bullish spike today on Forex after bouncing off the 1.5140 technical resistance level. The currency pair was influenced by the set of fundamental events, among which the ECB monetary policy statement wasn’t the least. The Eurozone regulator decided to tighten the money giveaway by scaling down the emergency measures that …

The EUR/USD currency pair remained stable during most of today’s session posting a slight decline after being bullish in the beginning of the week as concerns regarding Dubai’s debt decreased and China’s manufacturing figures set risk appetite strong among traders that opted for higher-yielding options in currencies markets. At the moment EUR/USD is …