Pro7 PA trading analysis 28+GOLD

EURNZD
close short

GBPJPY
didn't have expected pullback
watching 133.480 for short

there is small GAP from 2020.05.04 @ 133.533

surprise for the end of this great day.

updated Pro7_EA with few changes and bug fixes.

changes are when user enter:
sell price EA will drawn pyramids SELL line DOWN opposite from before when it was up.
buy price EA will drawn pyramids BUY line UP opposite from before when it was down.

delete old one and place new on MT4
post 1 updated with user manual and EA

PS
as always test it on DEMO until you are familiar how EA work and report bug/s

good morning to all

GOLD
D1 sell mode
price arrived to 1705.16 as we talk about it in previous posts.

there is a potential to go more down to 1696.22 - 1691.55 where is a nice cluster support all the way down to 1688.08

I will not short R:R is to big, but if you do watch for 1710.21 - 1715.97 as H1 resistance

Pro7_EA
when EA take profit with "Range Sell" (R S) or "Range Buy" (R B) it will shut down Range options but leave EA ON (EA Activated)

as you can see in image where EA took sell @ 111.414 close on TP and Deactivate "R S"
this is by design in case of pullback EA will NOT open new sell on the same line that was bottom of the range. it will do that on the beginning of the range that is way up in this case @ 111.885
user have plenty of time to react and leave as is or shut down EA by pressing ON - OFF switch (button)

here is example how EA perform on Range Buy

GBPAUD
pay attention to 1.85192
breaking - potential down to 1.84559 - 1.84057 - H1 & H4 support

Pro7_EA
when Stop Loss is trigger EA will close all trades and stay Activated as you can see in image

if price come back to the level where last sell @ 0.96798 was triggered EA will open new sell trade

Pro7_EA
when market is wild and price have huge spike in buy or sell EA will open trades by user setup.
in this case EURCHF 5 Range Sell as you can see in image

Hi Pro,

Request you share FIBO setting in MT4.

Thank you so much
Regards
Shunya

hi shunya
welcome

read post 3
"there are no indicator, lines are my calculations for different time frame, presented to my brain as fibo lines. this way I can easier catch potential trade with my eye."

Pro7_EA
EA "Classic"
trade on single line Range Buy is OFF.
EA will open all trades on single line with delay of "Numbers of minutes between trades" in EA properties

Pro7_EA
with last post I covered all options that EA have and you can read it in user manual posted on first page where you will find EA with source.
hope that you will find EA useful in you trade.

if you make any changes respect people that work hard on this! EA is FREE without expiration date or any limits.

as always test it on DEMO until you are familiar how it works and report bugs if you find one.

good luck
pro7

your golden opinion Prozor pls

hi pamc,
GOLD sell mode
so far GOLD follow pattern:
rejected from 1710 to continue path down.
there is H4 support @ 1696.22 - 1695.02 where price could pullback to 1700.88 - 1703.76

Edit:
posted GOLD analysis this morning here

cheers Prozor. keeping an eye

good morning to all

GBPNZD
D1 entering buy mode
pay attention to 1.97834 as support line TP 1.99524 - 1.99832

AUDCAD
D1 entering sell mode
pay attention to price H4 0.90825 where find support possible up to 0.91209

EURJPY
watching 118.831 - 119.081 for short
pay attention to H1 118.571 as support