I was trying to make an ea that buys and sells at s/r i had to give it up i was going nuts So i'll try it here and see if someone wants to do it before i try again.
Im open to talk about compensation for work ofc. There may be further tweeks and building on it in future as well. It is mostly experimental not a fool proof strategy at all.
To get the ball rolling and explaining what i'm looking to do...
I found this indicator that do nice S/D Areas by someone calling himself Ay? (Not sure). Anyway i like the style its done, Not as important as functionality ofc
seems to work nicely on hour period and monthly period.
Im open to talk about compensation for work ofc. There may be further tweeks and building on it in future as well. It is mostly experimental not a fool proof strategy at all.
To get the ball rolling and explaining what i'm looking to do...
I found this indicator that do nice S/D Areas by someone calling himself Ay? (Not sure). Anyway i like the style its done, Not as important as functionality ofc
seems to work nicely on hour period and monthly period.
- I need that or something similar to look at several pairs. if i'm trading EURUSD f.ex. i want it to look if the EUR and the USD is in a S or D zone in other pairs as well. (This might wait if it's very tricky, i had serious problems with it)
- I want the ea to Sell from Supply and Buy from Demand zones. At close over the Supply Zone i want to buy and vv. (we could test to double lot size every time it reverses and closes on the other side of a S/D zone... i don't think i seen it happening too often.)
- Only ONE order at ONE S/D zone, Not one order per hour or per day. It's about price level not time (Another thing i had problems with)
- NO SL however crazy that might sound, Its TakeLoss, not interested in that.
- When the open order is in profit we can set a trailing SL (at exactly what level, well that would depend on what i expect from the S/D zone, how significant it is. )
- Set lot size
There are more to say about this, but i think that covers the basic idea, first lets see if someone is interested and we can talk more about it.
Pls, No messy code! One reason why im terrible at programming, i write messy code AF On the other hand some help is better than no help... i think.
Candles mostly form inside the range of other candles and leaves wicks where it doesn't want to be... i think that about sums it up simplified.
Attached File(s)
Clear method-SD.mq4
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