Supply And Demand Indicator Mt4 Download

Shved Supply and Demand Indicator MT4 free download in MQL4 source file format. It can be used with any Forex Trading Strategies/Systems for confirmation of trade entries or exits. 0 Supply and Demand Zones Metatrader 4 Indicator. Here’s another fantastic forex indicator. It is known as Supply and Demand Zones. It is similar to the concept of pivots but this might be slightly more accurate and easy to use. Free Supply and Demand MT4 Indicator Download The Supply and demand indicator. Double your account in 1 Trade. Download the indicator here. Supply & Demand-MT4-Indicator. This indicator is a free indicator that was sourced from the internet and is not an Expert4x indicator. We cannot offer any technical support for it. Supply and Demand Indicator Mt4 Download Secrets. If you discover this Supply and Demand indicator. It is a good indicator to get ready for your next trade. The indicator is intended to work just on the hour time interval. Inside my opinion, this is quite a valuable indicator, possibly the most significant indicator for almost all of us.

Free Supply and Demand MT4 Indicator Download

The Supply and demand indicator

Double your account in 1 Trade

When trading the Double in a Day Forex EA the best Forex trading techniques are the ones using support and resistance. The reason for this is that most techniques use lagging indicators that give away 30% to 50% of the trend.

But by trading bounces between support and resistance, like in the case of channel trading, you can literally catch almost 100% of the trend. This is critical as most double in a daytrades need a 100 pip trend.

One on the indicators that identify support and resistance zones is the Supply and Demand Indicator. Supply and demand zones are not exactly the same as conventional support and resistance but they complement each other quite well

How does the demand and supply indicator work?

The indicator basically identified price ranges on a trading chart that have caused the prices to rise (Demand Zones). It also identifies price areas that have caused prices to fall.

A bit like strong support and strong resistance but these are ranges.

How does demand and supply impact prices.

If you think of your basic supermarket during the banana season.

There are lots of bananas available (supply is high) so the price drops and you get basket full of bananas for your money.

So (over) supply zones make the price fall. I think of these as strong resistance zones.

However, if there is a drought or banana framers run into problems the prices rise as demand is high but there is no supply.

So (high) demand zones make the price rise. I think of these as strong support zones.

How to use the indicator

One would use the indicator very much the same as strong support and resistance zones.

So you would trade bounces off these zones.
You would also exit deals near these zones.
They can be used to confirm support and resistance levels
They can be used to create confluence with non-horizontal support and resistance
As with support and resistance some demand and supply zones are stronger than others. The general rule of thumb is that the longer the timeframe the more reliable the zone.

Download the indicator here

This indicator is a free indicator that was sourced from the internet and is not an Expert4x indicator. We cannot offer any technical support for it.

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