MarxBabu

ZONE Supply Demand Strategy1

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ZONE BUY STRATEGY
In this method look for recent block of black candles and take the before black candle as base handle ,Draw a line forward with the value open and close of the base candle ,When the price falls into this region next in near future execute buy order. Stop loss wont work.
Favori Komutlardan Çıkart Favori Komutlara Ekle
//@version=2
study("ZONE",overlay=false)
len = input(35,title="Period")
smooth = input(100,title="Smooth")

plotcandle(open, high, low, close, title='candle', color=(open < close) ? green : red, wickcolor=gray)
// This is working isHigherHigh() => high>high[1] and high[1]>high[2] and low>low[1] and low[1]>low[2]  and close>close[1] and high>close and close>high[1] and close>low[1] and close>(open and low) and close[1]>(open[1]and low[1])and close[2]>(open[2]and low[2]) 
isHigherHigh() => high>high[1] and high[1]>high[2] and close>close[1] and close[1]>close[2] and close>open and close[1]>open[1] and close[2]>open[2] and low>open[1] and low[1]>open[2] and (open+low)<(open+close) //and low>ohlc4[1] and low[1]>ohlc4[2]   //and low>open[1] and low[1]>open[2] this code is to make sure low not below open of before candle

barcolor(isHigherHigh()? black :na)
barcolor(isHigherHigh()? black :na, -1)
barcolor((isHigherHigh() and close>open)? black :na, -2)
    
//barcolor()

Yorumlar

Can u plz write the code for Supply , just reverse of Buy.. we can check it better..

U just need to add reverse logic.

+15 Cevap Gönder
@csipplz, i've a similar script for short selling check it out
+5 Cevap Gönder
Is there a way where I can set an alert for the first black candle? What is it looking at exactly?
+14 Cevap Gönder
Dont get it how it works how to get signal for playing ?
+11 Cevap Gönder
THIS does repaint
+6 Cevap Gönder
+5 Cevap Gönder
cristian.d MarxBabu
@MarxBabu, nice one!!! What about the supply part?
+1 Cevap Gönder
MarxBabu cristian.d
@cristian.d, Supply prediction is bit complex in this algorithm mostly we can predict the demand only
Cevap Gönder
Repaint????????
+2 Cevap Gönder
Could somebody present it graphically ?
+1 Cevap Gönder
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