S/D buy sell ea

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.

 

1. 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)

1. 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.)

1. 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)

1. NO SL however crazy that might sound, Its TakeLoss, not interested in that.

1. 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. )

1. 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.

Hi,

Someone here coded this awesome S/R indicator. I've added your indi over this S/R. Seems like on my chart those S/R where there way before Clear method SD created a S/D area.

This is a pretty accurate indi if you want to add some MACD filter or/and HMA filter. It would make a great indicator or EA. Now i use a semafor that gives alert on the 5 candle after it has been created because my coding skills are next to 0 and don't know how to add macd filter or HMA filter.

If you want to play around with this indi, u can enable/disable S/R lines with your keyboard (I=H1, H=H4, D=D1, W=W1, M=Mn1 and i've added P=M30).

I've added the same screenshots twice, one contains H1 lines (messy charts) and dosen't.

Yeah could be because in reality there's no such thing as S/R, and S/D is drawn on the same conditions basically. I can draw a line pretty much anywhere on the chart and see price have some reaction to it. But it's the best i know, just as many others.
What i like about this S/D indicator is that it removes the zone if its passed through... it's simply not interesting anymore.

i did an ea that puts a buy and sell, takes profit from one of them and continues in the profitable direction. Every 150pips or so it puts another order in the unprofitable direction... and so on and so on... it works great, makes money, put as you can imagine the drawdown can be HUGE if the pair is in up or down trend.
I attached it, i think that's the one... ONLY USE IN TESTER!! if that thing is live i take no responsibility for your account lol
(It was someone else's code i from beginning, some hedging double ea or so, i forget, anyways it completely destroyed by now, just saying)

Anyway, i'm babbling... thanks, i'll check it out, those other pairs buttons looks interesting
Again: Don't use the attached ea live

I see what you mean about puting lines anywthere on the chart. That happens if i put small looking back history to the indi. S/R keeps being created and of course they repaint. But puting the indi to look way back MTF style, like on the D1, W1 and MN charts you get some pretty old S/R that are still being used at this day. And S/R being hit by price and a MACD & Stoch divergence occuring, that cannot be ignored. Less lines, less noise, but also less info. I believe that S/R should be used to know where a trade begins and where it will probably end. Trade has to start at a specific point and end at specific point. Of course i'm still learning, but i believe in trade and forget. Of course if 30 days of trading is too much, then trader can go the 5 min charts and use the H4 S/R (i'll try that and come back with results).

I'm sorry for so much text, i'll try keeping my posts shorter and on point.

Oh yeah were are all still learning haha! the one who says he knows everything is probably an idiot
And using it combined with other pairs EURUSD EURGBP EURCAD EURJPY and see if there is s/r area for EUR on all those and also for USD, should make it safer to take a position (in lack for better word)
I think there's a lot of other information in comparing currency pairs and commodities and indexes as well... and price action... too bad i'm not a good programmer

Its good indi, too bad it can't trade as well.
I got a job damn it, haha!

Tried and experiment on M5 Chart. Looks good, i guess. It needs to be tried on a demo account and see what happens.

Can't upload files bigger then 2 MB so here is a link https://ibb.co/g9ZqVT

I don't belive that removing S/D or S/D linea is a good thing. Using higher S/R TF on lower tf charts and keeping passed S/R can really help you later. A resistance passed is a support later. That is what i think.