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It can, but it would take me rather days than hours to translate it correctly.
The point is that your approach is a bit opportunistic. You post a complex indicator without any information, charts, screenshots or how to use it. How can you expect that somebody is willing to spend hours and days working on this indicator, if there is no basic information, screenshots, charts? There is no incentive for me - or anybody else - to invest my time and knowledge, if I have no clue, what it may be good for.....
I am so sorry Fat Tails for such a rude manner of me to just post an indicator and expect it to be converted by anyone. Actually, I got this indi from Forex Factory and it's a Supply and Demand Indicator. This helps to point out the zone which may be missed by human eyes. Sam Seiden is teaching this method of trading (he has some videos on youtube). Supply and Demand Strategy Application - YouTube
Thank you for taking time to point me to the right direction.
@TradeWind: Thank you for the information. I have googled Sam Seiden and found that he is a former CME floor trader, who has developed a concept of supply and demand. Below attached is an article from Active Trader and another one from Sam Seiden.
I understand that he uses supply and demand zones, but from the videos and webinars that I have seen on the web, it is not clear how these are exactly defined. I have seen various similar definitions and concepts. It is clear that you first need a swing high or swing low to draw the zone, but there are some subtleties, how they are defined. I am not sure that the MetaTrader catches the right zones.
Thanks Fat Tails.
I have being testing this indi on MT4 and yes it does not catch all the right zones and I have to use Fib to find the so called "Right Zone". I am not a programmer so have no idea how this indi works. I googleed this indi and found this page Insanity Industries • maybe this is where the indi originated.
Anyway, I am manually drawing the zone in NT7. Sometimes I miss a zone here and there.
