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Hello guys,
I need a robot that can trade SUPPLY AND DEMAND STRATEGY OFF THE NEWS/FUNDAMENTALS.
The Strategy works this way;
I analyse a pair on 3 consecutive time frames starting with 4 hrs up to 1 Month. For a sell signal all the price in ALL three Tfs should be in supply zone or atleast 5 pips below or higher.The TP is 40 pips, 50 pips SL and Trail stop of 20 pips.The same logic applies to buy trades and demand zones.
Meanwhile the Robot shoul check if there are impending RED NEWS for any of the two currencies on the pair under analysis.However if the news are medium to low impact the robot should proceed with the trade.
Thats all folks,
Please revert ASAP if u have the solution!
Regards.
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