Supply & Demand semi-auto trading Robot.

[tomazzo]

Please help, the order is placed manually and manages the EA or the EA place the order, if someone can explain.

thanks

[dietcoke]

Please help, the order is placed manually and manages the EA or the EA place the order, if someone can explain.

thanks

I thnk you place the fibo where you believe supply and demand are located, the EA then places the orders and handles the TP/SL.

Ribelo,

How does the piramiding work?

[tomazzo]

Thanks Dietcoke

[MichaelM]

I've tried this EA out but I was confused about how the strength and lot sizes were determined.
Haven't tried it out to the extent where it took a trade though.

[jboy]

How do I draw the Fibo?

[SWG123]

How do I draw the Fibo?

You are joking, aren't you? Please say yes.

[jboy]

^ No, I'm not joking. I tried to draw the Fibo using the Fibo Retracement that comes standard with Empty4, but it doesn't look like the same as Ribelo's picture in Post #1. I thought it may be an separate indicator to draw the Fibo for the EA to pick it up. I'm a little confused as to how to set this EA up as I'm very interested in this robot. It would be a wonderful tool if I can figure out how to use it. Although I still have a few more questions once I figure out how this EA is set up.

Do you know how to draw the Fibo for this EA?

[SWG123]

^ No, I'm not joking. I tried to draw the Fibo using the Fibo Retracement that comes standard with Empty4, but it doesn't look like the same as Ribelo's picture in Post #1. I thought it may be an separate indicator to draw the Fibo for the EA to pick it up. I'm a little confused as to how to set this EA up as I'm very interested in this robot. It would be a wonderful tool if I can figure out how to use it. Although I still have a few more questions once I figure out how this EA is set up.

Do you know how to draw the Fibo for this EA?

Ribelo has just customised his Fib, as he's not using all the levels. So draw a Fib on your chart, double-click on the dotted red (by default) diagonal line to select it. Then right-click and adjust the level properties as you like.

Edit: I meant to point out that you only need the 0 and 1 levels - you can delete the others.

[jboy]

Thanks! I'm going to try it set it up tonigt. Now it makes sense.

This is very interesting. I wonder how many of thse Fibs I can set up and if the EA will pick up all of these areas. Can I set up like 4 different fib areas? Or is it only restricted to 2 like his pictures of supply area and demand area. It would be cool if we can set up multiple areas of supply and demand.

[SWG123]

Thanks! I'm going to try it set it up tonigt. Now it makes sense.

This is very interesting. I wonder how many of thse Fibs I can set up and if the EA will pick up all of these areas. Can I set up like 4 different fib areas? Or is it only restricted to 2 like his pictures of supply area and demand area. It would be cool if we can set up multiple areas of supply and demand.

If you like this style of trading this thread might interest you:-

http://www.forexfactory.com/showthread. ... =forexhard

You could experiment using the EA with Squalou's indicator - let us know how it goes.