All about Support Resistance & Supply Demand

II_SupDem_v2.33


These the Last version Supply & Demand. Fixed Zig Zag Calculation.

SS_SupportResistance_v06


These the Last version Support Resistance [SR] with Supply & Demand included.

Clear method-SD v1.11


These the Supply & Demand with Defferent methode. Based from SbD_DbS

Support_Resistance 3


These Muti Support_Resistance with Defferent Colors based Zig Zag calculation.
From M5, M15, M30, H1, H4, Daily & Weekly tf. Setting default is 1440 [Daily]

You can choice the Time Frime you want, with changes manually.
It will showed One time frime in the Current Chart / Other Charts only...

Some interesting EA found here: CatchSpeed EA (attached).

It may be related to support/resistance, may be not ...
EA is placing 2 pending orders (buy stop and sell stop) on some distance from the market price (distance parameter in EA, in points, = 100 points or 10 pipos by default).
This EA may be good to use during some expacted very volatile price movement for example.

stop loss and take profit are in points too: it should be divided by 10 to get it in pips for example. Lot size is changed by MMlot depends on deposit size (MMlot = 10 by default but I prefer to have 1 or less).

Backtesting results made by the coder:

I made a quick backtest (bad modelling quality etc but anyway - it works):

• initial deposit 700
• MMlot = 1
• tp = 200 (20 pips)
• sl = 500 (50 pips)
• distance = 200 (20 pips)
• EURUSD, M5 (from 10th of October till now)

Originally Posted by newdigital

Some interesting EA found here: CatchSpeed EA (attached).

It may be related to support/resistance, may be not ...
EA is placing 2 pending orders (buy stop and sell stop) on some distance from the market price (distance parameter in EA, in points, = 100 points or 10 pipos by default).
This EA may be good to use during some expacted very volatile price movement for example.

stop loss and take profit are in points too: it should be divided by 10 to get it in pips for example. Lot size is changed by MMlot depends on deposit size (MMlot = 10 by default but I prefer to have 1 or less).

This is the latest version of this EA attached (version #8).

The latest version of this EA: version #10 (attached). Discussion about this EA all the versions - this thread on mql5 forum (in Russian sorry).

Recommendation from the coder:

• M5 timeframe (or any timeframe);
• USDJPY or EURUSD (USDJPY is the better pair).
• default settings

Some traders are already testing this EA with real accounts:

This is the next variation of this EA (attached). Means - this is not the version (new version is improved old version). This is new variation (first new version of this variation). The main improvements are the following:

• pending orders are modified in seconds,
• some comments on the chart added.

As this CatchSpeed_seconds_1 EA is in Russian (by imput name) so I translated it to the English language (CatchSpeed_seconds_1eng is attached too).

Originally Posted by newdigital

This is the next variation of this EA (attached). Means - this is not the version (new version is improved old version). This is new variation (first new version of this variation). The main improvements are the following:

• pending orders are modified in seconds,
• some comments on the chart added.

As this CatchSpeed_seconds_1 EA is in Russian (by imput name) so I translated it to the English language (CatchSpeed_seconds_1eng is attached too).

Trade was open (pending order was executed):

The settings (for EURUSD M5):
- stop loss and trailing stop = 170;
- distance between pending orders = 50;
- other settings are default ones.