Re: Something interesting from Chatgpt/AI please post here

76
Sometimes you can see strong breakouts on the fractal channel when the channel lines intersect and overtake each other. I became interested and looked at the perspective. If you identify such places from the moment of breakdown to the rebound-continuation fractal, then in the future such zones and levels are significant for the market.
Maybe someone will make a fractal channel indicator that will highlight such zones automatically?

Re: Something interesting from Chatgpt/AI please post here

77
JohnL33 wrote: Mon Oct 21, 2024 3:04 pm DynamicVolumeSpread_EDIT_AI

Can retail trader see or catch high trading volumes and narrow bid-ask spreads?

Yes, retail traders can often observe high trading volumes and narrow bid-ask spreads, though their ability to do so may depend on the tools and data they have access to. Here's a brief overview:

Trading volume:


Most trading platforms and financial websites display volume information for stocks, ETFs, and other securities.
Retail traders can usually see real-time or slightly delayed volume data throughout the trading day.
Unusual spikes in volume can indicate increased interest in a security and may precede price movements.


Bid-ask spreads:


The bid-ask spread is the difference between the highest price a buyer is willing to pay (bid) and the lowest price a seller is willing to accept (ask).
Many trading platforms display the current bid and ask prices for securities.
Narrow spreads often indicate high liquidity and active trading.

To effectively monitor these metrics, retail traders might:

Use advanced charting tools that include volume indicators
Set up alerts for unusual volume spikes
Pay attention to Level II market data, which shows the full order book with multiple bid and ask prices
Use tools that calculate and display the bid-ask spread in real-time

It's worth noting that professional traders and institutions may have access to more sophisticated tools and faster data feeds, potentially giving them an advantage in identifying and acting on these patterns more quickly.
Would you like me to elaborate on any specific aspect of observing trading volumes or bid-ask spreads?

Can create for me the indicator for mt4?
Could you please explain where the VolumeSpread indicator gets its spread data? After all, as far as I know, MT4 does not save the history of the spread

Re: Something interesting from Chatgpt/AI please post here

78
Intrest 1 wrote: Fri Jan 10, 2025 9:43 pm Could you please explain where the VolumeSpread indicator gets its spread data? After all, as far as I know, MT4 does not save the history of the spread

i not sure about that.You can check the code.
As i know i looking for the Narrow spreads.i not 100% trust any indicator here..But if combine with other ..maybe there are something usefull i or we can use for trade.

like i say i just ask ai to create for me.


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