Looking for some great input from all the great minds out there.
I have been doing a lot of ready and looking around the web for ideas, (there are a lot of them), on how to trade supply and demand and am trying to implement these ideas into a usable EA solution.
What I am looking for from all the great minds reading this thread are your thougths as to what should the EA try to do and how should it do it. Not in writing the code but a logical step by step aproach as to the steps an EA should follow in a logical way on its way to taking a trade.
Maybe after doing SD for years it would seem very easy to do, but some of the videos I have seen look a lot like hocus pocus and they always have a past chart on the screen, and it seems to me that being able to see what is happening off to the right influences what you are showing the student on the left.
Later this weekend I will start showing what I think a SD EA should look like and maybe by the end of next week have something you can all dig your teeth into and complain about, HI HI.
So all you great brains out there please give me some things you think an SD EA should do and how it should go about making a logical trade.
1) What indicators would you use, (II_SupDem)?
2) What time frames should be available to the EA for finding SD, (M5,M15,M30,H1,H4,D1,W1)?
3) How about TP and SL, (SD zones, RR)?
4) When not to take a trade, (trading zones, time of day, trading sessions-London-Asia-NY, News)?
I have been doing a lot of ready and looking around the web for ideas, (there are a lot of them), on how to trade supply and demand and am trying to implement these ideas into a usable EA solution.
What I am looking for from all the great minds reading this thread are your thougths as to what should the EA try to do and how should it do it. Not in writing the code but a logical step by step aproach as to the steps an EA should follow in a logical way on its way to taking a trade.
Maybe after doing SD for years it would seem very easy to do, but some of the videos I have seen look a lot like hocus pocus and they always have a past chart on the screen, and it seems to me that being able to see what is happening off to the right influences what you are showing the student on the left.
Later this weekend I will start showing what I think a SD EA should look like and maybe by the end of next week have something you can all dig your teeth into and complain about, HI HI.
So all you great brains out there please give me some things you think an SD EA should do and how it should go about making a logical trade.
1) What indicators would you use, (II_SupDem)?
2) What time frames should be available to the EA for finding SD, (M5,M15,M30,H1,H4,D1,W1)?
3) How about TP and SL, (SD zones, RR)?
4) When not to take a trade, (trading zones, time of day, trading sessions-London-Asia-NY, News)?