EAs and strategies for recent zones different kind.
---- MOMENTUM ZONES ----
The EA detects demand and supply zones based on a vector of three candles with high momentum and displays them as clear zones on the chart.
This is something like detecting market imbalance.
RELEASE NOTES
Version 1.0 (2023.02.18)
Backlog for next versions:
1. Smarter momentum vector of any number of candles
---- CONTRACTIONS ZONES ----
The EA detects zones based on contraction and displays them as clear zones on the chart.
Contractions is something like: balance of the market or "fair price zone" or squeeze before the next market reaction
RELEASE NOTES
Version 1.1 (2023.02.19)
1. Improved contraction determination, now it catches them even better
2. Added breakout vector detection of three momentum candles - fixed pattern for now.
3. Possible display method
a) as solid contractions
b) as contractions lines
c) as demand and supply zone - displays only those followed by a momentum vector
Backlog for next versions:
1. Smarter momentum vector of any number of candles
---- MOMENTUM ZONES ----
The EA detects demand and supply zones based on a vector of three candles with high momentum and displays them as clear zones on the chart.
This is something like detecting market imbalance.
RELEASE NOTES
Version 1.0 (2023.02.18)
Attached File(s)
Attached File(s)
Attached File(s)
Backlog for next versions:
1. Smarter momentum vector of any number of candles
---- CONTRACTIONS ZONES ----
The EA detects zones based on contraction and displays them as clear zones on the chart.
Contractions is something like: balance of the market or "fair price zone" or squeeze before the next market reaction
RELEASE NOTES
Version 1.1 (2023.02.19)
1. Improved contraction determination, now it catches them even better
2. Added breakout vector detection of three momentum candles - fixed pattern for now.
3. Possible display method
a) as solid contractions
b) as contractions lines
c) as demand and supply zone - displays only those followed by a momentum vector
Attached File(s)
Attached File(s)
Attached File(s)
Backlog for next versions:
1. Smarter momentum vector of any number of candles