Would be great if trade examples were shown too.

Hi.

I don't do trading education, on this topic you can find information on the Internet.

But, the bottom line about this:

In the indicator has lower and upper mark.

As soon as the price penetrates below the lower mark, and a signal "buy area", that we put BuyStop order of this mark. Stop-loss we set at the lower edge of the red diagonal.

As soon as the price penetrates above the upper mark, and a signal "sell area", that we put SellStop order of this mark. Stop-loss we set at the upper edge of the green diagonal.

It's very simple, but the nuances and subtleties trader has to gain experience according to trading instrument, which he like uses.

How do I use the demo in the tester?  I tried but it didn't work.

If you can't run the trial version, then do the following:

1. Download history for all periods, especially the M1, by scrolling the mouse until stops.

2. Go to Metatrader menu Tools->HistoryCenter and see from which date begins the history of the M1.

3. In the strategy tester set this date with the addition several days and run the test for example on H1 chart.

Can you post a screenshot of what that process would look like.  It's hard to identify what the "lower mark" or "upper mark" is.

It's the weekend, the market is not moving, but I tried to make the example.

In the picture we see the signal NS (No supply). In this case, this signal is not useful and contains a "*" symbol, as I just now have installed the indicator.

So that signal was considered to be useful, there should be a chain of events - first ES, then NS. But, if we scroll the chart a bit in history, we see that the signal ES has already been, so we will assume that the signal NS is useful.

But this does not mean that we should immediately buy. We need to move to a smaller timeframe, for example H1, and wait for a similar situation. And after we get the signal NS, the order buystop we put on the lower mark.

This picture shows the four main sequences of chains of signals.

Starting with version 1.1, the indicator will mark the event signals directly on the chart, and also to track the signals multitimeframe.

I don't have time to buy, but as we can see, our forecast begins to come true.

In addition, on H4 there is another chain of signals ED->NS, which confirms our reasoning.

But only further observation will establish the truth.

Let's see if the price to overcome the value of 1275.00.

So price has moved up quite well.

Now we see the signal ND in the chain ES->ND.

The signal ND is formed on the basis of the total volume (blue line).

However, it is too early to think about how to sell, because the demand (green line) is still strong.

I think these examples suffice to understand the meaning of the analysis.

Using this indicator for some time, the trader will be gaining more experience.

hi

Purchased Demand And Supply Diagram MT4  on 2017.09.03 18:22 +02:00

Showing the error as below:

0    10:03:44.236    Demand And Supply Diagram MT4 CROILL,M30: initialized
1    10:03:44.751    Demand And Supply Diagram MT4 CROILL,M30: zero divide in 'dsd-1.1.mq4' (740,64)

Regards

Hello.

The indicator works? That the indicator worked fine, you want to download quotes history for all periods, especially M1 and M5. This is done by scrolling the mouse, the maximum long ago as possible.

The indicator shows two diagrams. On the right - this diagram at the current moment, under the chart - this diagram as events unfolded in time.

On these two screenshots (H4 and Daily) you can see that green line is above the red, and seeks to show growth. Under such conditions we cannot think about selling, because buyers are still strong, and they can push the price even higher. But, we can go to timeframe H1 and wait for signal to buy.

Additionally, according to the indicator signals:

ED and ES - always of high volume.

ND and NS - always of low volume.

Chain ES->NS understood so - the market has shown interest in increasing price (ES), but the market showed no interest in decreasing price (NS). The price is more likely to continue to increase.

Chain ED->ND understood so - the market has shown interest in decreasing price (ED), but the market showed no interest in increasing price (ND). The price is more likely to continue to decrease.

There are also chain ED->NS and ES->ND. Unlike the trend continuation chains (ES->NS and ED->ND), these chains indicate a trend reversal.

Thanks for the explanation.

Sometimes, the indicator is showing the below errors and stops working.

I am deleting the indicator and loading again.

Errors are:

1.   1    16:08:04.408    Demand And Supply Diagram MT4 CROILL,M30: array out of range in 'dsd-1.1.mq4' (682,47)

2.  

0    10:03:44.236    Demand And Supply Diagram MT4 CROILL,M30: initialized
1    10:03:44.751    Demand And Supply Diagram MT4 CROILL,M30: zero divide in 'dsd-1.1.mq4' (740,64)

Please rectify.

Regards

On other timeframes CROILL (except M30) indicator work? What are the timeframes working, what are the timeframes not working?

Do me a screenshot of the chart CROILL-M30 has mounted on it a indicator (even if the indicator did not draw). In addition, I need to see in the screenshot the green scale of volumes, below the chart, which can be enabled via the properties menu of the chart.

And even better, if possible, create a new demo account and give me login, password, and server name of the broker. If I check personally, it will give more chances to detect the error.

And another question.

If the input variable Parts equal more than 1 (for example 2 or 3), indicator work?

Yesterday released a new version.

Tell me - in this version the error continues to exist?

Hi,

Observed for two days, there are no errors and freezing of chart happened.

How to know the appeared signal (NS, .........) is the final one and do not move further?

Better to print an arrow, when the fixed signal comes and also print text ' enter on candle close'

Regards

Hi.

We can't know in advance, the signal NS (or ND) is final - signal can "sail" a little further.

But - on the diagram, which is on the right of the chart, has four mark - low and lowest, and high and highest.

If the price touches the lowest mark, then we put buystop order on low mark. If the price touches the highest marck, than we put sellstop order on high mark.

Thus we are trying to avoid false entry into deal.

If the signal at the moment ceased to exist (moved to history on the previous candles), but the order is not touched, then we need to remove this order.

Example of live trading using the indicator DSD.

Here buy-stop order already triggered, but the example of placing an order is on the last picture.

Price move up, and by the signal ES performed a partial closure 2/3 of the position size, and now this deal in any case will be positive, even if triggered stop-loss.

After, a several movements of stop-loss.

Stop-loss of buy position must be placed on the lower tip of the green diagonal, but to move only upward, toward the profit.

Stop-loss does not triggered, then continue.

When appears the opposite signal, then stop-loss moves to the entry point of the opposite signal.

Also, place stop-order for the opposite signal, in this case it is sell-stop order.

Stop-loss of sell-stop order (or sell position) must be placed on the upper tip of the red diagonal.

Hedging in this strategy is not effective (it was checked), therefore using only complete reversal.

If the entry point is moved, then the stop-loss of buy position with sell-stop order must be moved to the new entry point.