Very nice improvement! - - less clutter and easier on the eyes. I, as well as many thousands of traders appreciate all of your work and attention to detail.
This indi is not necessarily used for Supply/Demand indicator based on Sam Seiden's Rules.
I only made a couple of tweaks to it for Rex.
You can simply use it in your trading to spot potential support & resistance levels or even for break out trades. It will display the latest Highs and Lows (Marked as Suuport & Resistance) of higher time frame candles, which will often act as Suuport & Resistance.
You set the time frame candles you want displayed from withiin the inputs by (True or False.)
A word of caution.... it will repaint of course if the latest S & R is breached at which point you may want to take a break out trade.
my 0.02 - previous high low acting as sup dem are not usefull so much for harmonic traders. Sam Seiden approach works perfectly instead. i use it profutable.
WTF happend to fridaystreet?
Sam Seiden's methods usually help narrow down an entry from 2 fibonacci levels to just 1. It often stops me from entering too early.
E.g. On a gartley it helps me pick between a 61.8 and the 78.2 level entry as well as providing me with good SL and TP targets.
I found this indicator already exists on Ninjatrader it's called APA Zones. You can check out their website at APA Zones - Advanced Price Action. I checked with them and they are looking to come out with a MT4 version this year too.
Has anyone got this for mt4?
Is it possible for some smart coder to add an alert for Givonly_SnR_SnD.mq4 - and maybe reduce CPU usage - i think its a great little indie!
Big thanks in advance