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Date/Time: Sat, 11 Jan 2025 07:47:42 +0000



[User Discussion] - supply and demand

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[2013-08-25 23:40:21]
GaryD - Posts: 61
https://www.sierrachart.com/supportboard/showthread.php?t=38530&highlight=supply+demand



I am also interested
[2013-08-26 00:52:14]
Kiwi - Posts: 375
Has anyone got either "other platform" code that does this or a written description of the design.

Its not going to be enough to refer to any of Sam S's writings because he's not precise enough for coding.
[2013-08-26 01:42:33]
GaryD - Posts: 61
I do
[2013-08-26 11:58:19]
Kiwi - Posts: 375
Ahhhh :)

I'm willing to have a shot at translation if I can make enough sense of it. We need a mode of communication.

james christy @asia . com with the spaces missing isn't me but it will reach me.




[2013-08-26 14:01:47]
marcovth - Posts: 61
What's the point of trying to read demand and supply from price bars when you can read supply and demand live with cumulative delta bars, and how it diverges from price?

http://www.sierrachart.com/image.php?l=1377525204219.png

[2013-08-26 14:52:44]
M5amhan - Posts: 468
I am going to assume he is talking about supply and demand levels.. there is a huge difference between real levels that represent supply and demand and an indicator
[2013-08-26 19:18:23]
abrown8703 - Posts: 64
I've been a student of Sam Seiden's methods for years. I would like to add that using what he says exclusively in his training paints half the picture. You must also understand that Algos control markets. Therefore, understanding their methods will go a far way in aiding your trading. I will not go into specifics, however, my great leap came with applying Sam's method with another trader's(David Halsey) over at http://eminiaddict.com/

I'd also like to add, that there are no indicators under the sun, that will ever give a trader 100% certainty with any trade.
[2013-08-26 21:34:09]
Kiwi - Posts: 375
Thanks for the link AB.

My epiphany came when I realized that Sam's method couldn't be applied directly to HSI but it did give important insights. The underlying thought patterns and the lack of certainty is the real value in his method.

So who needs 100%. I'll settle for better than 50 and 2:1. Or 80 and 1:1. Or :)

But it would be interesting to try to build the indicator - building things is fun.
Date Time Of Last Edit: 2013-08-26 21:53:52
[2013-08-26 23:09:33]
GaryD - Posts: 61
marcovth, I am just an idiot trader. ;)

kiwi, sent you a test email
[2013-08-27 03:52:04]
M5amhan - Posts: 468
another thing I want to add here.. a solid knowledge of how to find supply and demand zones and just draw them out on the chart using a rectangle or thick line would be better than any indicator I could imagine
[2013-08-27 03:54:11]
GaryD - Posts: 61
Guys this is not a debate about it. I want that, forget about it
[2013-08-27 03:54:26]
GaryD - Posts: 61
teach me something, I dare you
[2013-08-27 04:07:02]
M5amhan - Posts: 468
ok use daily weekly and monthly pivot points on one chart.. there is supply and demand there
[2013-08-28 00:04:50]
GaryD - Posts: 61
Trade2day1, thank you. Yes, I agree with that.

What I am looking for has a specific purpose though. I just saw someone else asked about it and did my version of a "+1".
[2013-08-28 00:06:36]
GaryD - Posts: 61
I have the indicator in MT4, but it is a compiled version. I would prefer to use Sierra Chart over any platform I have seen, and was just adding my name to the list of traders interested. Until it happens, I run MT4 on one screen.
[2013-09-02 19:02:24]
crazybears - Posts: 314
Hi

are these APA Zones ? http://www.youtube.com/watch?feature=player_embedded&v=acX_kZIep8E#t=954

seems based on a % area calculated on swing H/L .
I mean ,for instance , take a swing low and multiply it for a given number or a variable number based maybe on the hl range of the bar or another thing .
[2013-09-20 14:46:40]
phaedonk - Posts: 352
I noticed this thread and was wondering if the SC team (or anyone else) could incorporate this MT4 indicator into Sierra Chart. This indicator automatically draws Supply and Demand levels on the respective timeframes. It is very useful to have and time saving, and would be a great addition to SC as it doesn't seem to have a similar indicator, unless I am mistaken.

I have attached a pic to show how it looks in MT4.

Thank you.
attachmentII_SupDemMOD_WhiteBG_SolidFill.mq4 - Attached On 2013-09-20 14:35:56 UTC - Size: 29 KB - 1141 views
attachmentII_SupDemMOD_WhiteBG_SolidFill.ex4 - Attached On 2013-09-20 14:36:08 UTC - Size: 36.27 KB - 861 views
Attachment Deleted.
image20-Sep-13 17-41-46.jpg / V - Attached On 2013-09-20 14:46:07 UTC - Size: 331.32 KB - 2128 views
[2013-09-20 23:25:53]
crazybears - Posts: 314
Hi

could you explain a bit more how is it calculated ?

seeing your chart seems like the min value of n-period + a % value
[2013-09-22 04:13:39]
enemyspy - Posts: 306
if anyone does decide to program this, it would be great if it could be done in a similer fashion to the zig zag and include the high, low and amount of bid ask volume traded within the area....I would contribute money for that for sure
[2013-09-22 12:26:04]
GaryD - Posts: 61
I have the code in MT4, plus an "editor" (that I do not understand how, but is supposed to help with recoding?) The MT4 version is compiled, and needs to be uncompiled from what I have been told.
[2013-09-22 12:49:09]
phaedonk - Posts: 352
Sorry I thought I had posted the source code files. Gary please post it if you have it, or I'll try to find it.
[2013-09-23 03:34:07]
GaryD - Posts: 61
attached
attachmentSupDem.ex4 - Attached On 2013-09-23 03:32:13 UTC - Size: 12.51 KB - 792 views
Attachment Deleted.
attachmentSupDem.ex4 - Attached On 2013-09-23 03:33:54 UTC - Size: 12.51 KB - 771 views
[2013-09-23 03:36:38]
GaryD - Posts: 61
editor files
attachmentmetaeditor.chm - Attached On 2013-09-23 03:36:05 UTC - Size: 68.91 KB - 861 views
attachmentmetaeditor.exe.txt - Attached On 2013-09-23 03:36:28 UTC - Size: 189 B - 775 views
[2013-09-23 03:37:14]
GaryD - Posts: 61
attached edit files

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