Market Hands EA

Market Hands EA

Market Hands is an EA that trades based off Demand and Supply principle. The trade is further reinforced by Daily Trends and ATR confirmation.

Recommended settings: H1 Timeframe, Volatile Pairs(XAUUSD, NAS100), Deposit amount: 3000, Lot size: 0.1(using XAUUSD as reference) [lot size to deposit ratio is 1/30000]

There are 7 inputs that can be modified:

LookBackCandles: The number of candles the chart look back on initialization to draw the supply and demand zones. Default is 50.

ImpulseRatio: The strength of the rally as prices moves away from the zone. Default is 2. Increase ImpulseRatio if you prefer a stronger zone, but this may lead to less trades taken.

DemandColor: The colour of the Rectangle object which is used to draw a demand zone. Default is Aqua.

SupplyColor: The colour of the Rectangle object which is used to draw a supply zone. Default is tomato.

Timeframe: The timeframe which the EA trades on. Default is H1.

Lot: The lot size of the trade. Default is 0.5.

Stops: Minimum stop level. Default is 40 [IMPORTANT: Please set the value of stops to 1]