Hello traders!
First of all im sorry for my bad English
I've been trading with this method supply and demand levels already long time, but the problem is, I'm really tired and busy of managing the trades manually..
So I would be glad if someone could help to make this EA!
First we draw our supply/demand levels manually, using #SD_Rectangle_v1.1_Light indicator.
EA should recognize these levels. When the price enters into the level, EA wait until the price reverses x amount of pips and send market order. EA set stop loss 2 pips above supply or below demand level.
EA calculates the position size automatically on the basis of risk.
Pyramid:
when the trade is in profit same amount of pips than supply / demand level range is EA open a second position, second position size is half of first position. EA set both orders stop losses to 1st order BE+1pip.
Again when the 2nd order is in profit same amount of pips than supply / demand level range is EA open a third position, now third position size is half of second position size. EA set all orders stop losses to 2nd order BE+1pip.
When 3rd order is in profit same amount of pips than supply / demand level range is, EA set all orders stop losses to 3rd order BE+1pip.
All orders take profit is 3 pips below next supply or above next demand.
I dont know anything about coding, so I would really thankful if someone would be able to make this EA :!:
I dont even know if it is possible to make ea like this : :!:
Supply Demand Semi Auto Ea
-
- Posts: 5
- Joined: Tue Oct 15, 2013 9:50 am
Supply Demand Semi Auto Ea
You do not have the required permissions to view the files attached to this post.
-
- Posts: 5
- Joined: Tue Oct 15, 2013 9:50 am
Supply Demand Semi Auto Ea
Here is indicator of first post
You do not have the required permissions to view the files attached to this post.