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Thread: Supply/Demand indicator based on Sam Seiden's Rules

  1. #101
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    GMan,
    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.

    Take Care,
    Rex

  2. #102
    Jlo
    Jlo is offline
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    Quote Originally Posted by TheGMan View Post
    Hey Rex no problem man glad to help.

    I have attached r2 which has been cleaned up even more. You may or may not like it.

    Personaly I thought all the text was a bit over kill & cluttered up the charts a bit. this addition is a little cleaner.

    Btw, nice indi!

    G
    Hi,

    how this indicator work? I mean on trading


    Thanks

  3. #103
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    Quote Originally Posted by Jlo View Post
    Hi,

    how this indicator work? I mean on trading


    Thanks
    Hi Jlo,

    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.

    G

  4. #104
    Wizard
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    ttue.true.
    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.

  5. #105
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    WTF happend to fridaystreet?

  6. #106
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    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.

  7. #107
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    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.

  8. #108
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    Try this one: TradeStation Supply Demand Indicator
    It's for TradeStation

  9. #109
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    Has anyone got this for mt4?

  10. #110
    Junior Member
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    Alerts - Givonly_SnR_SnD.mq4

    Hey there
    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
    Andrac
    kor4x likes this.

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