i have a A similar subject in here
take a look and tell me what u think
http://www.stevehopwoodforex.com/phpBB3 ... f=16&t=222
leerees wrote:This is amazing.
Just 2 questions:
1) Does each chart need a different magic number or can I leave them all at 0?
2) Instead of a stoploss would it be possible to setup a martingale basket system.
For example you would still manually draw the zones but it would open another trade when it hits the next demand zone, for example:
[DEMAND ZONE 1] 0.01 lots
[DEMAND ZONE 2] 0.02 lots
[DEMAND ZONE 3] 0.04 lots
[DEMAND ZONE 4] 0.08 lots
I know martingale has a bad name however if you are a good trader and understand the zones then this will be a winner.
An option to set the basket to close at break even would be good.
Ribelo » Sun Dec 11, 2011 1:10 am wrote: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.