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| Supply & Demand semi-auto trading Robot. https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=144 |
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| Author: | tomazzo [ Thu Jan 05, 2012 4:36 pm ] |
| Post subject: | Re: Supply & Demand semi-auto trading Robot. |
Please help, the order is placed manually and manages the EA or the EA place the order, if someone can explain. thanks |
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| Author: | dietcoke [ Thu Jan 05, 2012 8:18 pm ] |
| Post subject: | Re: Supply & Demand semi-auto trading Robot. |
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? |
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| Author: | tomazzo [ Thu Jan 05, 2012 11:31 pm ] |
| Post subject: | Re: Supply & Demand semi-auto trading Robot. |
Thanks Dietcoke |
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| Author: | MichaelM [ Fri Jan 06, 2012 12:04 am ] |
| Post subject: | Re: Supply & Demand semi-auto trading Robot. |
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. |
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| Author: | jboy [ Fri Jan 06, 2012 7:49 am ] |
| Post subject: | Re: Supply & Demand semi-auto trading Robot. |
How do I draw the Fibo? |
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| Author: | SWG123 [ Fri Jan 06, 2012 8:59 am ] |
| Post subject: | Re: Supply & Demand semi-auto trading Robot. |
You are joking, aren't you? Please say yes. |
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| Author: | jboy [ Fri Jan 06, 2012 5:45 pm ] |
| Post subject: | Re: Supply & Demand semi-auto trading Robot. |
^ 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? |
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| Author: | SWG123 [ Fri Jan 06, 2012 7:39 pm ] |
| Post subject: | Re: Supply & Demand semi-auto trading Robot. |
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. |
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| Author: | jboy [ Fri Jan 06, 2012 8:57 pm ] |
| Post subject: | Re: Supply & Demand semi-auto trading Robot. |
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. |
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| Author: | SWG123 [ Fri Jan 06, 2012 9:33 pm ] |
| Post subject: | Re: Supply & Demand semi-auto trading Robot. |
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. |
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