Supply & Demand semi-auto trading Robot.

[Ribelo]

SERIOUS WARNING

* Most Forex traders lose all their money.
* Using the robot posted here in trading Forex does not guarantee success.
* Trading this robot could lead to serious financial loss.
* Trading this robot without understanding its underlying trading strategies guarantees traders will lose their money.
* This is not a set-and-forget ea; there is no such thing and anyone who tries to claim there is, is either stupid or lying. This ea requires frequent manual intervention.
* At best, a trading robot is only 90% as good as the manual strategy it trades. At best. At worst, it can be much less effective. If the strategy is rubbish, so is the robot.
* To trade this robot, you have to understand:
* How to use EA's.


I am trading this EA on a live account.

Currently working on any of the instructions, but because of the language barrier it can take forever.

So for now I'll explain the easiest way I can.

1.
Prepare Fibo.


2.
Draw Fibo.


3.
Start EA.


EA looking for fibo and change them depending on the e settings. Of course, shows the zone, but also tp be, lotsize.

4.
Take trade.

EA waits until the price comes into the zone and only takes a trade as it comes out at a "PendingDistance"

5.
Piramide!


EA may piramide order, based on CCI, Stochastic or simple grid. The distance between the orders can be calculated in many ways, as well as moving stop loss entire pyramid.

The easiest way to check is run visual backtest.

[DING]

Hi Ribelo,

cannot found the EA?

[Ribelo]

Thanks DING. Writing about 3 am is not the best idea for me. EA is already in the first post.

[597743]

Looks great Ribelo! Going to test it!
dziekuje!

[Ribelo]

Nie ma za co.

[DING]

Hi Ribelo,

About your instructions mentioned the Prepare Fibo, should using which Fibo indicator ?

the EA didn't include Supply_Demand indicator, so we should using original sd indicator to observe the sd zone , then do the manual judgement for whether the signal that suitable to trading ?
if yes, then we need to drop the Fibo indicator and enable the EA to do order open and order management , is the procedure right ? :

[Ribelo]

I created this EA to not have to sit all day in front of the monitor. Most of the things that happens after the designation of the zone for me is purely mechanical. I wanted to save my time and make my only role was the designation of zones.

Your only job is to designate a place where there is demand zone, or zone supply. EA is based on the fibonacci drawn by a user. You can support the II_SubDem indicator, or only based on the knowledge you have. EA is used only to push the triger and manage the trade. It helps to enjoy your free time.

[aekok]

Wow great Ribelo, thanks for the EA...
I will test it next week... Another S/D EA that I love....
Many thanks to you...

[Ribelo]

Update in first post.

[laharjaya]

what ur tf recommended ...Rebel