I think that the third rule of validation says that no opposing level needs to be removed if the nearest level is at 3:1 distance. The removal point is included in another rule - a level is valid if it removes the opposing level. A clarification ...

Supply and demand in a nutshell by Alfonso Moreno

This is my USDCAD analysis. Monthly up, WK up, Daily consolidation (grey demand broken). Price bouncing from MN and WK SZ - no longs now. Need to wait for a pullback into fresh WK demand to go long on Daily set and forget. OR after the TL break and ...

Supply and demand in a nutshell by Alfonso Moreno

I have a question regarding the inheritance rule. Does it apply to the third rule by which a zone can be validated - when there is no opposing supply to be removed, a potential demand is valid if there is 3:1 room to the nearest supply? I hope the ...

Supply and demand in a nutshell by Alfonso Moreno

Thank you cyber1!

Spread Recorder

I tried to run this indi, but when I add it to a chart, nothing happens. I opened it in a Metaeditor and when compiling, it shows some errors. (i use Win8.1, MT4 build 745) Does anyone know how to get around it? Thanks

Spread Recorder

According to the rules, we should be able do draw a down trend line on monthly EJ. There are 2 obvious peaks and price made a LL on the second leg.

Supply and demand in a nutshell by Alfonso Moreno

Hello Alfonso, a couple of pages back you stated: "The curve or price range is measure from extreme to extreme, we thus need valleys and peaks, not CP patterns. We do not take CP patterns as components of the curve. " This can cause issues with the ...

Supply and demand in a nutshell by Alfonso Moreno

This is USDJPY monthly. Are the zones drawn correctly? What about the two in the middle - CP patterns? Would you draw them where they are? Are the bottom three ones original? I am not sure about those two at the bottom if they are considered ...

Supply and demand in a nutshell by Alfonso Moreno

Hi, whey you choose a combo to trade, e.g. weekly/H4, do you also draw all the levels on monthly and daily?

Supply and demand in a nutshell by Alfonso Moreno

Hi Alfonso, I am studying the thread from the very beginning and I just hit this nice post of yours. The new original H4 supply at the D1 SZ proximal line did not absorb any demand below and yet you would short the first reaction. In one of the ...

Supply and demand in a nutshell by Alfonso Moreno

Hello Alfonso, what app did u use to create this little program? thanks

Supply and demand in a nutshell by Alfonso Moreno

To turn R1C1 reference style on or off Click Options on the Tools menu, and then click the General tab. Under Settings, select or clear the R1C1 reference style check box.

Supply and demand daily and weekly levels spreadsheet

If you referred to Supply_Demand_Zones indicator, then it is able to draw zones on any timeframe. By default, it is set to visualize them on H1 and lower. Check the settings.

Supply and demand daily and weekly levels spreadsheet

I found one issue though. Distal value for weekly supply doesnt load. Please see the screenshot. All other values are ok, but weekly distal supply remains 0.0000. It does not get exported into the .csv file. Colors in rectangle reader and !MC OBJ ...

Supply and demand daily and weekly levels spreadsheet

The problem was a wrong regional settings. I changed decimal coma to decimal point in Excel settings and that was it. (You can see on the previous screenshot, that live price uses decimal point, while distal and proximal values have decimal coma). I ...

Supply and demand daily and weekly levels spreadsheet

Hi guys, thanks so much for this great tool. I am testing the excel version of the spreadsheet and I have some issues unresolved. I use Excel 2007 and Windows 7. Connection with MT4 works good. Update zones button gets valid numbers and Update sheet ...

Supply and demand daily and weekly levels spreadsheet