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Thread: Buyers and Sellers Information

  1. #1
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    Jan 2009
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    Austria
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    Default 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
    Last edited by ixbone; 02-23-2009 at 21:39.

  2. #2

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    See if my mods fixed it.
    Attached Files Attached Files
    Last edited by TheRumpledOne; 03-01-2009 at 23:26.

  3. #3

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    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 .
    Last edited by CycleTrader; 03-01-2010 at 00:39.

  4. #4
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    Default

    Quote Originally Posted by CycleTrader View Post
    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 tp and trailing option.
    not really usable, because the mod lists only the buyers and sellers of the account holding broker and not the market overall!

    you have to open live accounts at the 10 most used (ecn/stp) brokers, then you can get maybe an idea where the journey goes, there are no hedge funds included....

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alpari, broker, brokers, ecn, expert, forex, forex brokers, gbpjpy, hedge, information, level, live, main, sells, trailing

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