Calling All Trading Algorithm Enthusiasts: Help Needed in Defining Highs and Lows!
Dear MQL5 community,
I hope this message finds you well. I am seeking assistance in defining important highs and lows for my trading algorithm, and I would greatly appreciate your input and expertise on this matter.
Currently, I have been using a specific time period to select the highest point within that period as my reference for highs and lows. However, this approach has resulted in including many points that are not relevant to my trading strategy. As my strategy revolves around reversals, I aim to configure my bot accordingly.
I am specifically looking for highs and lows that exhibit liquidity above and below these points. This includes identifying a high with features such as a Floating Volume Gap (FVG), Imbalance, Orderblock, or supply zone positioned above it. Unfortunately, defining these criteria for my algorithm has proven to be quite challenging.
By incorporating these additional criteria, I believe my algorithm will be better equipped to identify important price levels and concentrate on areas with sufficient liquidity, thus enhancing its potential for successful reversals. I kindly request your assistance in implementing this functionality into my algorithm.
I am eager to collaborate with fellow traders and developers within the MQL5 community to find the best approach and optimize the performance of my algorithm. Your valuable insights and suggestions are highly appreciated.
Thank you in advance for your time and support. I look forward to engaging in fruitful discussions and working together towards achieving our trading goals.
Best regards, Sven Broekman
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Dear MQL5 community,
I hope this message finds you well. I am seeking assistance in defining important highs and lows for my trading algorithm, and I would greatly appreciate your input and expertise on this matter.
Currently, I have been using a specific time period to select the highest point within that period as my reference for highs and lows. However, this approach has resulted in including many points that are not relevant to my trading strategy. As my strategy revolves around reversals, I aim to configure my bot accordingly.
I am specifically looking for highs and lows that exhibit liquidity above and below these points. This includes identifying a high with features such as a Floating Volume Gap (FVG), Imbalance, Orderblock, or supply zone positioned above it. Unfortunately, defining these criteria for my algorithm has proven to be quite challenging.
By incorporating these additional criteria, I believe my algorithm will be better equipped to identify important price levels and concentrate on areas with sufficient liquidity, thus enhancing its potential for successful reversals. I kindly request your assistance in implementing this functionality into my algorithm.
I am eager to collaborate with fellow traders and developers within the MQL5 community to find the best approach and optimize the performance of my algorithm. Your valuable insights and suggestions are highly appreciated.
Thank you in advance for your time and support. I look forward to engaging in fruitful discussions and working together towards achieving our trading goals.
Best regards, Sven Broekman