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Attachments: Using Gaps as S&R
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Using Gaps as S&R

  • Post #1
  • Quote
  • First Post: Edited Jun 22, 2016 2:13am May 30, 2016 12:14pm | Edited Jun 22, 2016 2:13am
Hi guys this was my first indicator experiment 5 years ago,

t is based on my study's on Gaps, and how to use them to setup Support - Resistance levels.

more info in trading system
But are u looking to use it as an indicator or EA?
in second case u need different coding.
Quoting hanzov
But are u looking to use it as an indicator or EA? in second case u need different coding.
hi thanks for reply, i want indicator, so i can add to my eas
Some setups i would consider to analyse

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Gbpchf looks like can do h&s
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  • Post #6
  • Quote
  • Edited 1:09pm May 31, 2016 12:44pm | Edited 1:09pm
What i like of using GAPS as S&R is clean fast and easy , and i think im the only one who uses them like that
how to use them
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Another trade idea for today

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The higher the timeframe verifiyng supp or resistance the stronger. This on m30

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why?? well i think the biggest orders are the gaps... gap down is a big order down set into the market. then they make what we call resistance or support. then the candles are the traders, and whe a wick comes into play, it confirms the traders orders into that direction. If the trader orders is bigger well then breaks supp or res.
We need make indi better by using only confirmed support resistance gaps. thats good start, and i think we can usee on many strategys of our own..
gbpusd confirming buy
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To make it show just the solid line is easy.
I tried to implement your request, but wanst able to do it ( the strong and weak ).
Quoting guilherme
To make it show just the solid line is easy. I tried to implement your request, but wanst able to do it ( the strong and weak ).
yes, is difficult what i as for i could not do either
Quoting Danielant
{quote} yes, is difficult what i as for i could not do either
we need someone really good coding haha
dotted lines are important also, we need make it show only when 2 gap closed by one wick this the important ones
Microsoft will buy tomorrow
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Quoting HighFivve
Nice Indian thankx. For sharing If you want more feedback ? open a thread in trading systems .GL
hi what is that haha

this my ea usng current indi that i shared, im willing to reduce DD by adapting that Stronger Res or Support, this in my own case, but i think anybody can adapt to theyr own..

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So in red lines we SELL and in green lines we BUY ?
Its repainting every couple of minutes....
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