AnotherBrian » Tue Jul 21, 2015 4:13 pm wrote:

Shoddy » Tue Jul 21, 2015 5:57 am wrote:

AnotherBrian » Mon Jul 20, 2015 10:56 pm wrote:

Shoddy » Mon Jul 20, 2015 4:35 pm wrote:Interesting, I trade Supply and Demand manually, have tried to code it but failed, hope you'll do better, I've set it on H4 demo. Great!

I'm interested to know what you think about the levels it is finding. Would you have picked the same levels?

Well, they look quite good, better than I could code, do you have checks for gaps? Couldn't find any zones showing gaps.

You missed some zones, I checked GBPUSD H4 and for example you missed a DBR at the start of june that later was revisited june 5. And also on GBPUSD the whole down trend on H4 from 25/5 down to 1/6, you have this sawtooth behaviour where you have a drop and approx 5-10 bars later a revisit, no zones there, can that be tweaked?

Also, I always look at the higher time frames when trading, eg. if my trigger TF is H4 and price is dropping into a H4 demand zone then before going long I always check D1, W and M to make sure I'm not trading long into a HTF supply zone. That has bit me a couple of times already. Check the H4 trend with the higher timeframes, do they match up? Do you really want to go long H4 when the D1 or W are trending down? Better to wait until you reach a strong D1/W supply zone and go short instead of taking a counter trend trade. Won't be as many trades but I want to have as many odds as possible stacked in my favor before pulling the trigger.
//R

You can play around with the bar settings, maybe try using the 1.02 iZones (not the EA)
See what different zones are shown.

As for gap zones, the code isn;t really looking for that. I guess I should explain how this thing finds the zones? Then we can discuss how that should be done. When I started out I wanted to "score" the zones.

I agree on your higher time frame approach. I was thinking of showing one higher timeframe zones in grey colour, might be some heavy lifting for the coding though, thoughts? The alternative is to just switch TF on the chart if you use this manually. How should the EA do this?

AnotherBrian » Mon Jul 20, 2015 11:53 am wrote:Multipair iZones (MiZ)

Also - I plan to load iZones, SSSR, and SupDem on a chart and see how similar / different the zones are. This would be interesting.

Lowphat » Tue Jul 21, 2015 3:39 pm wrote:

AnotherBrian » Mon Jul 20, 2015 11:53 am wrote:Multipair iZones (MiZ)

Also - I plan to load iZones, SSSR, and SupDem on a chart and see how similar / different the zones are. This would be interesting.

here is another one you can use to compare. a nice feature on this one is after price pushes through a level with supply changing to demand it will change color.

Shoddy » Tue Jul 21, 2015 10:30 am wrote:
Yes I used the 1.02 to see the zones, and played around with some parameters.
Maybe just using trend lines on H4, D, W and M would work, as long as the trend lines on higher time frames are not broken we take trades on pullbacks into S/D zones? E.g H4 asc trend line is broken, D1 and up are holding, then we wait for pullback to lower supply zone and go long from there.
It is hard to code this, need experience to know when a zone is good or not.
//R

AnotherBrian » Thu Aug 06, 2015 4:26 am wrote:It's performing as I expected, horrible. Before you gang-bangers hang this EA out to dry, note that at this point it is an experiment only. I want to see how the different time frame respect the levels. I've visually went over a bunch of charts with the indi and noted that H4 and above look OK and could be profitable, but below that there are many more losers than winners.
So after a week or two I'll use MFxBook and runs some stats. It looks like the lower time frames will use the levels for breakout trades instead of reversals. We shall see. One thing of for sure, there's no shortage of pending trades!