Buy Sell based on the Volume % (Bull % Bear %)

[code4578i]

Hello there, Awesome fxdreema - Seriously!

I started developing and playing with the EA's on trade. Having fun with it.

Now coming to serious mode. I would like to create an EA that takes Buy or Sell depending on the Bull Bear Percentage.

For example,

• If Bull Vol. 75 % and Bear Vol. 25% - take buy.

• If Bull Vol. 25 % and Bear Vol. 75% - take sell.

In addition, if Bull/Bear Vol. reaches 85%, don't take any action.

I tried to understand more about the Candle (under Conditions block) such as bull candle, bear candle, candle volume, volume tick etc but I get confused.

Therefore Any ideas on the conditions or other suggestion is much appreciated please.

To understand more specifically for above question - please check the indicator by Thushara Dissanayake - Volume Percentage Line Graph 1.0. This guy has created indicator which highlights the Bull and Bear Volume. Therefore, I would like to take buy or sell action depending on the volume here (as elaborated above).

This same guy has also created the EA for above request - BullsBears Action 1.3. He did it very well - all we had to do is make the settings under the Volume (in inputs) - 70% etc. It works out fine. Actually pretty well. Money making EA. But the only issue is - the action is triggered whenever the volume (either bell/bear) is above 70%. So even if it reaches 90% or 95%, buy/sell is taken but this is where the reversal happens and money gone (vooooosh!). We cannot keep monitoring all the time.

So with this scenario, I thought I will build EA myself (non-programmer here but technology crazy) and stumbled upon fxdreema which is really awesome (oh, here we go again).

Alright, this is where I stop.

Thanks for your time and look forward your quick answers please.

Cheers!

[fxDreema]

You tried to use these indicators?