pranavprabhu

ABX Supply/Demand Zones

Trending Markets Only
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IS IT POSSIBLE TO SEND ME THE INDICATOR SOURCE CODE? EMAIL: dan.anto.007@gmail.com
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I am using the SD indicator, but it seems to work best with the Heiken Ashi candles and there is no description as to whether this is correct or not. Is there any description that you can provide that can guide me as to the correct use of this indicator?
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pranavprabhu altbrooks
@altbrooks, try combining this with RSI Oversold and Overbought - When RSI is overbought and at top of zone, take shorts. When RSI is oversold and bounces off bottom of the zone, go long. This will work well with RSI.

Also, taking Price Action confluences (supports/resistances) will help. Use this purely as a fade/reversal strategy. This may not work in trending markets - where you'd be better off trading breakouts of the zone.

I don't use Heiken Ashi so I may not be the best person to talk about that - but since you mentioned, I will backtest it with Heiken Ashi and check out the results.
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