Algo from indicator

• 05/06/2023 at 3:16 PM #214236
  Crillezz

  Hello eweryone! Hello Khaled!!
  Is it possible to build a algo from Khaled´s suppy & Demand  indicator when the price returns to a supply/demand zone?

  I’ve asked on that thread but haven’t gotten an answer

  Here is the link to Khaled´s indicatorSupply & Demand – Order Blocks – Indicators – ProRealTime (prorealcode.com)

  

  Crillezz

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  05/07/2023 at 9:22 AM #214249
  GraHal

  As an example … change Line 133 for below, then do same for Bullish bozes.

  However, it works better if you use ‘Buy’ on the Bearish boxes below.

  SellShort at Market //drawrectangle($left[j],$top[j],barindex,$bottom[j]) coloured("red",Transparency)bordercolor("red",Transparency)

  1 2	SellShort at Market //drawrectangle($left[j],$top[j],barindex,$bottom[j]) coloured("red",Transparency)bordercolor("red",Transparency)

  I’m sure there’s more to do to get it profitable, but above should help to get you started?

   

  

  GraHal

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  05/07/2023 at 12:22 PM #214262
  Crillezz

  Thanks for reply Grahal. But then it takes position when a zone is formed. What I meant is that I want it to take a position when the price retests the zone. I know the indicator is not intended for that. But I think it looks interesting and I want to develop it further later.
  Here is an example

  

  Crillezz

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  05/07/2023 at 12:42 PM #214264
  GraHal

  Crillezz wrote:

  take a position when the price retests the zone

  Maybe JS or Roberto might help you?

  To make it easier for anybody coding it for you, are you able to define … retests the zone?   I’ll have a think also with respect to the Indicator, linked in your OP.

  Above saves a coders time having to define retests the zone, it also gets you what you want?

  

  GraHal

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  05/07/2023 at 1:03 PM #214265
  Crillezz

  What I mean by retest is that when the indicator makes a zone and the price leaves that zone and comes back to it (maybe tomorrow), the algo should take a position. The picture I sent shows an example. The problem for me is being able to use the zones in the future. So if a buy zone is formed today, I want algo to take a position tomorrow or next day if the price comes back to the zone.
  Hope someone understands what I mean 😉

  

  Crillezz

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  05/07/2023 at 1:11 PM #214266
  GraHal

  I understand exactly what you mean in plain english, but to code it needs limits / quantified values.

  So if price just pops into the light green zone (not the dark green zone) on a 1 min Timeframe (after being in the dark green zone previously) then is that a retest of the zone in your mind?

  You likely be happy (as I would 😉 )  if somebody would code you a ‘restest of the zone’ as they see fit.  We can develop it further after that (maybe? 🙂 ).

   

  

  GraHal

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  05/07/2023 at 1:15 PM #214267
  GraHal

  For what it’s worth,  I’ve got my version making a profit.

  

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  05/07/2023 at 2:02 PM #214269
  Crillezz

  What kind of exit do you have on it?
  Try to add if the price is above or below bollinger band 100 also.

  

  Crillezz

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