By: Dima Chernovolov AUD/USD continues to rise after the earlier breakout of the Clear Down Channel chart pattern which was recently identified by Autochartist on the 4-hour charts. Autochartist measures the Quality of this Down Channel at the 7 bar level – which is the result of the sharp Initial Trend (rated at the maximum […]

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By: Dima Chernovolov USD/JPY recently broke the Uniform Descending Triangle chart pattern which was previously identified by Autochartist on the 4-hour charts. Autochartist rates the Quality of this Descending Triangle at the 7 bar level – which reflects the significant Initial Trend and Uniformity (both rated at the 7 bar level) and above-average Clarity (6 […]

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By: Dima Chernovolov NZD/CAD continues to fall after the earlier breakout of the well-formed Descending Triangle chart pattern which was previously identified by Autochartist on the daily charts. Autochartist rates the Quality of this Descending Triangle at the 7 bar level – which is the result of the medium Initial Trend (5 bars) and near-maximum […]

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Repainting Indicators in MetaTrader

Repainting indicators are one of the most common problems facing would-be EA designers. Sometimes it seems like an indicator really has its thumb on the market. It perfectly predicts when the market will go up or down. Making an EA run off of the indicator is a no-brainer. If this sounds familiar, then you need […]

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By: Dima Chernovolov CAD/JPY continues to rise after the earlier breakout of the Key Resistance level 82.88, which was previously identified by Autochartist on the 4-hours charts. Autochartist measures the Significance of this resistance level at the 3 bar level – which corresponds to the three earlier price reversals from this resistance level. CAD/JPY is […]

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By: Dima Chernovolov AUD/CAD continues to fall after the earlier breakout of the Key Support level 1.0119, which was recently previously by Autochartist on the 4-hours charts. Autochartist rates the Significance of this key level at the 3 bar level – which is the result to the three prior price reversals from this support level. […]

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By: Dima Chernovolov AUD/USD continues to fall inside the Clear Falling Wedge chart pattern which was previously identified by Autochartist on the 4-hours charts. Autochartist rates the Quality of this Falling Wedge at the 5 bar level – which is the result of the low Initial Trend (2 bars), average Uniformity (5 bars) and higher […]

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By: Dima Chernovolov EUR/CAD recently broke the Clear Triangle chart pattern which was previously identified by Autochartist on the 30-minute charts. Autochartist measures the Quality of this Triangle at the 6 bar level – which reflects the medium-strength Initial Trend (6 bars), below-average Uniformity (3 bars) and significant Clarity (8 bars). EUR/CAD is expected to […]

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Daily Forex Update: AUD/JPY

By: Dima Chernovolov AUD/JPY continues to fall inside the Clear Falling Wedge chart pattern which was previously identified by Autochartist on the daily charts. Autochartist rates the Quality of this Falling Wedge at the 6 bar level – which is the result of the slow Initial Trend (2 bars), above-average Uniformity (6 bars) and near-maximum […]

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By: Dima Chernovolov AUD/CAD continues to fall after the earlier breakout of the Key Support level 1.0160, which was previously identified by Autochartist on the 4-hour charts. Autochartist rates the Significance of this Support level at the 6-bar level – which is the result of the six previous price reversals from this price level. AUD/CAD […]

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