Hi all,
Well, I don't know if this will be very useful to some of you, but, I like to draw my mouteki lines myself. But, I was using a spreadsheet to calculate my TP, SL, etc. Well, I decided to create an EA that calculates these values for you. This is an informational, not trading EA. Here are the values used:
Line_Type: Use "Demand", "D", or "Down as valid types. Everything else will be treated as a supply line.
Intersection: This is the value of the vertical high/low line intersecting with the demand or supply line.
MaxOrMin: This is the maximum or minimum price attained during the demand or supply line scenario.
Key_Open: This is the open price above or below the demand or supply line.
Enjoy.
stockwet
Well, I don't know if this will be very useful to some of you, but, I like to draw my mouteki lines myself. But, I was using a spreadsheet to calculate my TP, SL, etc. Well, I decided to create an EA that calculates these values for you. This is an informational, not trading EA. Here are the values used:
Line_Type: Use "Demand", "D", or "Down as valid types. Everything else will be treated as a supply line.
Intersection: This is the value of the vertical high/low line intersecting with the demand or supply line.
MaxOrMin: This is the maximum or minimum price attained during the demand or supply line scenario.
Key_Open: This is the open price above or below the demand or supply line.
Enjoy.
stockwet
Attached File(s)
Mouteki_Calc.mq4
2 KB
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1,529 downloads