Trading Modes in "Supply and Demand EA"
· Manual Trading: You can manually place Marker/Limit trades by clicking on the zone labels next to Supply and Demand Zones. In order to do that you need to enable the Manual Trading from Input Parameters and disable the BUY and SELL buttons on the Trading Panel.
· Semi-Automatic Trading: The EA can automatically place trades when price touches a zone. It places the trade according to your selected preferences on the Trading Panel. In order to place trades when price touches a Demand Zone the BUY button need to be activated and in order to place trades when price touches a Supply Zone the SELL button needs to be activated. This allows you to customize the trade direction (BUY or SELL), as well as other essential settings like risk management, lot size, stop loss, and take profit directly from the Trading Panel. Directional Panel can help you identify the right bias of the market by giving you real-time information about the bias on every timeframe of the selected pair.
· Fully Automatic Trading: The EA decides decides automatically whether to place a buy trade when price touches a demand zone or a sell trade when price touches a supply zone. In order to do that you need to enable the Automated Direction Input Parameter and enable AUTO BUY and AUTO SELL buttons on the Trading Panel. Also you can do more filtering by the Automated Direction Strength Input Parameter. This parameter allows you to set the strength level of the market bias required for the EA to execute a trade automatically. You can choose between four levels: Mild, Medium, Strong, and Super Strong. These levels help filter out trades based on market momentum or strength of the trend.
Levels:
- Mild: The EA will place trades even when there is a mild bias in the market, leading to a higher number of trades.
- Medium: Trades will be placed when the market bias is moderately strong.
- Strong: Only trades with a strong directional bias will be executed, reducing the number of trades but increasing trade precision.
- Super Strong: The EA will place trades only when there is a highly pronounced market bias, each with a strong directional expectation.
What Trading Styles you Can Use?
You can use Supply and Demand EA for all type of trading styles. You can use it for DayTrading, Swing trading and Scalping. The Trading Panel is offering many types of settings by selecting the timeframes you want to trade and also the desired TP and SL ratio. This way it makes it the perfect tool for all different kind of trading styles.
- Select the Trading Direction ( Buy or Sell)
- Select the Timeframes that you want to place trades
- Select what Type of Zones you want to trade (Wide, Medium, Narrow, SuperNarrow)
- Select between 3 Money Management options
- Select after how many Profit or Loosing trades the EA will stop
- Select between Risk Based or ATR Based TP and SL Ratio
- Select to trade zones within a Bullish Channel or Bearish Channel
- Select an Upper Limit and a Lower Limit Range
- Select a Time Range if you want to place trades only withing specific hours of the day
- Select between many Trailing Stop Loss, Half Profits and Break Even functions
When you attach the EA to the chart, you can visualize zones from up to three higher timeframes.
For instance, if you are on the 30-minute timeframe, you can activate 1-hour, 4-hour, and daily Supply and Demand Zones.
Additionally, you will receive Alerts On Your Phone whenever a new trade is placed or when a trade is closed, whether in profit or loss.
This allows you to stay informed about your platform's activity in real time, no matter where you are.
No reviews found!
No comments found for this product. Be the first to comment!