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.
Usuń z Ulubionych Skryptów Dodaj do Ulubionych Skryptów
//@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()

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Powiązane pomysły

PLEASE ADD THE INDICATOR
Odpowiedź
Can we run this on any script like USOIL.... how to run it in pine editor... i find no changes when i run the script on the USOIL pine editor. Can some one help me out..
Odpowiedź
Is there a way where I can set an alert for the first black candle? What is it looking at exactly?
+9 Odpowiedź
THIS does repaint
+4 Odpowiedź
Can u plz write the code for Supply , just reverse of Buy.. we can check it better..

U just need to add reverse logic.

+12 Odpowiedź
Could somebody present it graphically ?
+1 Odpowiedź
Dont get it how it works how to get signal for playing ?
+9 Odpowiedź
+5 Odpowiedź
cristian.d MarxBabu
@MarxBabu, nice one!!! What about the supply part?
+1 Odpowiedź
MarxBabu cristian.d
@cristian.d, Supply prediction is bit complex in this algorithm mostly we can predict the demand only
Odpowiedź
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