Hello, Guys.
All we know how price reacts to any kind price levels, where traders see supply/demand areas on their screens. Reaction of the price is the reaction of retail traders on what they see during their trading. The retail trader can see zones, straights and curve lines, any kind of visual objects, crossing their screens or having the beginning and ending.
Well, the nontrivial task consists of the following:
1/ Platform: MT4.
2/ It is necessary to program a Script or EA that can capture/react to any visual object on a screen. Any object should be identified by a trader and the EA/Script by means of mouse clicking on it.
3/ The tool should have possibility to open or close any kind of position orders at hitting these visual objects.
Notice. The nontriviality is that some kind of objects can be clikable by mouse, but others can not be. Example - a line is clickable, an MA is not.
Usage. You install a line on your screen and set EA to have a limit buy order at this line. You can shift the line a little at any direction you like. Your limit order is being tracked by EA and shifted with the line. As soon as price hits the line, your order is activated. Another example. You have installed SMA and caprured it with EA, set a sell stop order on MA and wait. As soon as price breaking out the MA, your order is activated.
As you can see, such a tool will be very helpful for the traders community.
Best
D.P.
All we know how price reacts to any kind price levels, where traders see supply/demand areas on their screens. Reaction of the price is the reaction of retail traders on what they see during their trading. The retail trader can see zones, straights and curve lines, any kind of visual objects, crossing their screens or having the beginning and ending.
Well, the nontrivial task consists of the following:
1/ Platform: MT4.
2/ It is necessary to program a Script or EA that can capture/react to any visual object on a screen. Any object should be identified by a trader and the EA/Script by means of mouse clicking on it.
3/ The tool should have possibility to open or close any kind of position orders at hitting these visual objects.
Notice. The nontriviality is that some kind of objects can be clikable by mouse, but others can not be. Example - a line is clickable, an MA is not.
Usage. You install a line on your screen and set EA to have a limit buy order at this line. You can shift the line a little at any direction you like. Your limit order is being tracked by EA and shifted with the line. As soon as price hits the line, your order is activated. Another example. You have installed SMA and caprured it with EA, set a sell stop order on MA and wait. As soon as price breaking out the MA, your order is activated.
As you can see, such a tool will be very helpful for the traders community.
Best
D.P.
Hunting High and Low