How the MT5 currency matrix reveals market sentiment

How the MT5 currency matrix reveals market sentiment

by Quantum Trading Comment Closed
https://youtu.be/tYxQgRGHcjI In this video which comes towards the end of the London session and the start of the US session, we highlight how the currency matrix helps to identify the universal sentiment to the Canadian dollar. In this example the USD dollar has been strongly bullish before reversing to bearish and coupled with very strong buying of the Canadian dollar which is shown on the currency strength indicator. On the currency matrix we then isolate our the Canadian dollar which confirms that sentiment across the CAD complex is universal. In other words, the CAD is being bought against all other primary currencies and as revealed on the 10 minute ranking ladder with the 20 minute timeframe starting to develop in the same way. Discover more about the Quantum Trading indicators at https://www.quantumtrading.com...
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Using the MT5 CSI currency strength indicator for scalping

Using the MT5 CSI currency strength indicator for scalping

by Quantum Trading Comment Closed
https://youtu.be/d8pPI6vgIlM In this short video we explain the power of using the Quantum Trading currency strength indicator in multiple timeframes on the MT5 platform. And in this example we are using the MT5 platform once again which provides a much wider choice of timeframes using both the standard and custom options. Here we have the currency strength indicator applied to the 5 minute the 10 minute and the 15 minute timeframes, and focused on the EUR/CAD currency pair. Here we can see the trend is already underway and confirmed by the currency strength indicator with the euro currency falling strongly and the Canadian dollar rising just as strongly. This is where we see the strongest trends develop and the steepness of the line for each currency gives us clear and strong signals of the strength of the momentum for this pair,  with strength in one and weakness in the other, providing the prefect combination for a strong trend in the pair. The trend...
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MT5 currency strength indicator in action

MT5 currency strength indicator in action

by Quantum Trading Comment Closed
https://youtu.be/CVV1hQegI-Q In this video we show the Quantum Trading MT5 currency strength indicator in action, and focus in particular on the Japanese yen. This has been the ' go to' currency for the last few weeks as risk on and risk off sentiment has ebbed and flowed intraday, and reflected particularly in the yen cross pairs. In this example we have the 15 minute chart for the NZD/JPY with the currency strength indicator giving us all the clues and signals for this strong trend higher, with the New Zealand dollar being bought strongly, and the Japanese yen being sold equally strongly. The currency strength indicator is now available for both MT4 and MT5 platforms. You can find all the details by clicking the following link - Currency Strength Indicator MT4/MT5...
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Heatmap highlights extent of overbought & oversold on Aussie & CAD

Heatmap highlights extent of overbought & oversold on Aussie & CAD

by Quantum Trading Comment Closed
At the start of a new month and quarter it's always useful to consider which currencies and currency pairs are at extremes, because if there is one thing we can be sure of is that at some point sentiment for an individual currency and currency pair will change. And this is where the Quantum heatmap indicator can help as it not only ranks our 28 currency pairs, but also does so across multiple time frames giving us a snapshot of what is happening on 252 charts. And as we can see it is Aussie and Cad that have been heavily sold, particularly against the Yen and the British pound. The daily chart of the aud/jpy now shows the pair attempting to base in the 80.50 region, which also coincides with our S3 Camarilla level, and today's bullish price action, on reasonable volume, has taken the pair to the underside of the first major resistance at 82, and assuming risk off sentiment...
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Currency array highlights trend & momentum

by Quantum Trading Comment Closed
https://youtu.be/dTzV7-N7KFY Identifying trend strength and momentum is not easy, and trading strength and momentum is even more difficult, which is why we developed the Quantum currency array indicator. With this single elegant indicator not only can we see which currency pairs are trending strongly, but also the momentum of this trend, as well as see those pairs that are in congestion. And finally we can quickly identify those pairs that are potentially approaching an overbought or oversold sold. The MT5 version of the indicator works on both standard and custom time frames, which means we spot signals much earlier, and in addition we have also built into the indicator a bookmark feature which gives us the option to bookmark a currency pair of interest making it easier and quicker to identify on the ranking ladder. By Anna Coulling...
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Make volatility your friend

by Quantum Trading Comment Closed
https://youtu.be/5XLzU7sSBO4 As traders volatility can be your greatest enemy, but with the Quantum volatility indicator you can now not only see it trigger in real time, but also have the confidence to take cool headed trading decision. The indicator works on all time frames and across all markets, and in this video you see on the MT5 platform. By Anna Coulling    ...
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Currency Strength Indicator for MT5

by Quantum Trading Comment Closed
https://youtu.be/hTIoPrPNIzM David and I working on completing our Quantum indicators for MT5, and delighted with how effective they are on this platform, in particular the use of MT5's custom time frames, which makes multi time frame analysis so much easier. And MT5 has also allowed us to add push notifications to the currency strength indicator. Now working on the remaining indicators, and our complete package users will also have access to two brand new indicators for free. These are the euro index, and the Quantum Camarilla indicator....
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MT5 yen index daily chart now turning bearish

MT5 yen index daily chart now turning bearish

by Quantum Trading Comment Closed
The daily yen index on our MT5 platform is now starting to signal a change in the bullish trend for the yen, which is seen all the yen pairs move strongly lower over the last few weeks. Now with markets starting to accept the trade negiotiations are perhaps not as bad as first expected, and with Kim and Donald likely to become the best of friends, risk on sentiment is returning. Our MT5 indicators are almost ready for release, of which the yen index is one, but with several new indicators also now available, including a very exciting MT5 renko indicator which replicates MT4 and allows both standard and Quantum Trading indicators to be attached to the chart. And of course we have transferred all the other indicators including the currency strength indicator, and all the other indicators in the full package....
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