Thread: Buyers and Sellers Information

Hi,

I found an indi which shows the level 4 buyers and sellers, its working, but logs many wrong errors, statement in the expert log.

2009.02.23 22:10:00 Buyers and Sellers GBPJPY,H4: object name passed to ObjectSet function cannot be an uninitialized or empty string

2009.02.23 22:10:00 Buyers and Sellers GBPJPY,H4: invalid integer number as parameter 4 for ObjectCreate function

Who can help to fix this?
It can be useful if you trade an large brokers like alpari, gft, ibfx, to get the information who buys and how sells, maybe help to determine the market....trending or ranging?

Well most forex traders knows that level 4 buyers and sellers are the brokers traders only.
Level 1 = only goverments, not visible to bank, market makers, brokers
Level 2 = only banks + gov, no market makers, no brokers
Level 3 = market makers, banks + gov, no brokers
Level 4 = brokers, restricted access from traders to the own brokers information, no information from other brokers. Live accounts only!

So if you have many live accounts, you can check the market across the main forex brokers :-)

regards

IX

See if my mods fixed it.

Curious to see the results if we would have an EA based on the power.
If power becomes below -xx then sell, and if power becomes above xx then buy.

With static and dynamic sl and tp .