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Index basket trading

  • #1
  • First Post: May 15, 2018 6:59am May 15, 2018 6:59am
In march user bleeze in one of the other threads introduced index trading using liteforex (thank you bleeze) . So I decided I would continue here where we can share the ideas behind this strategy.

We use Supply & Demand zones to enter and exit trades.

I am not here to hold your hands and I'm not here to promote anything.

All negative comments will be removed.

Who is interested in help using this method is welcome to post here. And always post the entry not only the results.

For the simplicity for managing the trades I use Dashboard tool (thank you gvc and dingdong99). Search the forum for Dashboard v3.

I will just share some S&D indicators if anyone needs and some other useful stuff.

Enjoy.
Attached File(s)
File Type: ex4 strength-candles-indicator.ex4   256 KB | 1,177 downloads
File Type: ex4 Supply Demand.ex4   63 KB | 1,118 downloads
File Type: ex4 Symbol changer 1.1 separate.ex4   15 KB | 948 downloads
File Type: ex4 II_SupDem_v2.33.ex4   66 KB | 1,103 downloads
Anything above the line is an uptrend, below the line is a downtrend.
  • #2
  • May 15, 2018 7:04am May 15, 2018 7:04am
Some of todays trades.
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Anything above the line is an uptrend, below the line is a downtrend.
  • #3
  • May 15, 2018 8:06am May 15, 2018 8:06am
Weldone Degolep, you are doing really good with the demand and supply on the index chart also....I wish you all the best in your thread....I will be following and posting also....
Cheers
cut your losses short and let your profit run
  • #4
  • May 15, 2018 9:02am May 15, 2018 9:02am
Quoting bleeze
Weldone Degolep, you are doing really good with the demand and supply on the index chart also....I wish you all the best in your thread....I will be following and posting also.... Cheers
All thanks goes to you for discovering and sharing this strategy!
Anything above the line is an uptrend, below the line is a downtrend.
  • #5
  • May 15, 2018 10:46am May 15, 2018 10:46am
hi Degolep.please help. how to use thease indicators and Dashboard v3.
  • #6
  • May 15, 2018 10:50am May 15, 2018 10:50am
Degolep,
Thank you for starting this thread and most importantly the attached tools.

Thank you again.
  • #7
  • May 15, 2018 10:52am May 15, 2018 10:52am
Quoting flashlj2008
hi Degolep.please help. how to use thease indicators and Dashboard v3.
Create a demo account on liteforex and use supply & demand strategy on charts. Google is your friend.
Anything above the line is an uptrend, below the line is a downtrend.
  • #8
  • May 15, 2018 11:39am May 15, 2018 11:39am
Attached Image
Attached Image (click to enlarge)
Click to Enlarge Name: gbp1.png Size: 137 KB
Anything above the line is an uptrend, below the line is a downtrend.
  • #9
  • May 15, 2018 7:02pm May 15, 2018 7:02pm
Hello Degolep
Thanks for inviting me. Really appreciated!
Don't Buy after a Rally, Don't Sell after a Drop
  • #10
  • May 16, 2018 2:59am May 16, 2018 2:59am
Quoting Degolep
In march user bleeze in one of the other threads introduced index trading using liteforex (thank you bleeze) . So I decided I would continue here where we can share the ideas behind this strategy. We use Supply & Demand zones to enter and exit trades. I am not here to hold your hands and I'm not here to promote anything. All negative comments will be removed. Who is interested in help using this method is welcome to post here. And always post the entry not only the results. For the simplicity for managing the trades I use Dashboard tool (thank you...
thank you for opening this thread!
its nice!
  • #11
  • May 16, 2018 3:16am May 16, 2018 3:16am
Quoting Degolep
In march user bleeze in one of the other threads introduced index trading using liteforex (thank you bleeze) . So I decided I would continue here where we can share the ideas behind this strategy. We use Supply & Demand zones to enter and exit trades. I am not here to hold your hands and I'm not here to promote anything. All negative comments will be removed. Who is interested in help using this method is welcome to post here. And always post the entry not only the results. For the simplicity for managing the trades I use Dashboard tool (thank you...
hello,

i got few question to ask,

1. how do you use strength candle indicator
2.what is the indicator of s1, s2 ,pp ,r1
3. you use dingdongv3? is it workable on live account, i have try the v1in live account but the dat cannot be shown, when open on demo account, it appears
4 what timetram you use h1 for supply and demand, m30 for entry

few questions,
many thanks
  • #12
  • Edited 4:28am May 16, 2018 4:13am | Edited 4:28am
JPY Buy since yesterday
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GBP Sell
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EUR Sell
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Anything above the line is an uptrend, below the line is a downtrend.
  • #13
  • May 16, 2018 4:37am May 16, 2018 4:37am
Quoting shengjenwang
{quote} hello, i got few question to ask, 1. how do you use strength candle indicator 2.what is the indicator of s1, s2 ,pp ,r1 3. you use dingdongv3? is it workable on live account, i have try the v1in live account but the dat cannot be shown, when open on demo account, it appears 4 what timetram you use h1 for supply and demand, m30 for entry few questions, many thanks
1. It's just a confirmation for the trend on higher TF
2. https://www.forexfactory.com/showthr...61#post9293561
3. Yes I use v3. I'm stll on demo but I guess it should work on Live account, dont' know why it shouldn't? Maybe someone can confirm that.
4. I use M30 mostly.

Just go with the flow. That's my best advice. Trade with the trend.

P.S: I guess NZD should drop in NY session, will see.
Anything above the line is an uptrend, below the line is a downtrend.
  • #14
  • May 16, 2018 4:53am May 16, 2018 4:53am
Hope You don't mind my posting with Fibo Ver1
Am still in. Will exit when it reaches the demand zone below

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Don't Buy after a Rally, Don't Sell after a Drop
  • #15
  • May 16, 2018 5:01am May 16, 2018 5:01am
Quoting Wallaa
Hope You don't mind my posting with Fibo Ver1 Am still in. Will exit when it reaches the demand zone below {image} {image}
Can you mark when you entered the trade tn the chart? I use the crosshair tool and then print screen.
Anything above the line is an uptrend, below the line is a downtrend.
  • #16
  • May 16, 2018 5:05am May 16, 2018 5:05am
Quoting Degolep
{quote} Can you mark when you entered the trade tn the chart? I use the crosshair tool and then print screen.
Will do that next time. Thanks.
Don't Buy after a Rally, Don't Sell after a Drop
  • #17
  • May 16, 2018 5:44am May 16, 2018 5:44am
EUR Update

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Don't Buy after a Rally, Don't Sell after a Drop
  • #18
  • May 16, 2018 7:23am May 16, 2018 7:23am
Good approach introduced by @Bleeze.
Just a note: none of the indicators for S&D are good and they are more and less variations of Supdem mostly based on zigzags.
The only way is to draw manually as I do and @Bleeze as well.
Keep the good work.
Regards
  • #19
  • May 16, 2018 7:39am May 16, 2018 7:39am
Quoting Merka
Good approach introduced by @Bleeze. Just a note: none of the indicators for S&D are good and they are more and less variations of Supdem mostly based on zigzags. The only way is to draw manually as I do and @Bleeze as well. Keep the good work. Regards
"none of the indicators for S&D are good"

Have you tried all?
Don't Buy after a Rally, Don't Sell after a Drop
  • #20
  • May 16, 2018 8:10am May 16, 2018 8:10am
Quoting Wallaa
{quote} "none of the indicators for S&D are good" Have you tried all?
Most of them.
Paid and free ones.
The reason is simple. S&D is a discretionary methodology and cannot be automated.
I know someone tried to make EA etc.... Tested also them and are crap.

I will challenges you to find any good even if it's paid one.

Regards
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