Recent Zones

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

Market Pattern

Momentum vector - fixed pattern of three candles

Contraction Zones v 1.1

Example of supply and demand zones H1 and H4 timeframe, with minimum 1 candle in contraction




Example of supply and demand zones on H1, minimum three candles in contraction



Example of supply and demand zones on H1, minimum 1 candle in contraction, but extension (momentum vector) is minimum 5 ATR



which supply and demand are better, those preceded by a shorter or longer consolidation?

Hi FKK,

I am glad you have started your thread. looking to learn from you.

"totally random" price reaction

totally random price reactions let see what will give

Attached Image (click to enlarge)

one of several "random" price reaction

always these random price reactions

Dax looks like short ?

again random price reaction