The point where the cost has made a solid advance is marked with supply and demand trading the dealer for a requirement zone. Supply and demand trading is a trading system in which the notion is to locate points in the marketplace where the cost has produced a solid advanceor decrease and indicate these areas as demand and supply zones utilizing rectangles. This indicator is a free indicator that was sourced from the internet and is not an expert4x indicator.
Download the indicator here. The general rule of thumb is that the longer the timeframe the more reliable the zone. As with support and resistance some demand and supply zones are stronger than others.
Now i ve given you a small overview of why the supply and demand zone indicators which promise to draw correct supply and demand zone on your charts don t tend to work very well i want to give you an indicator which will help you in trading supply and demand zones. The only supply and demand zone indicator you need. The keyword here is zones so a zone is not just one price or one line.
Well the supply and demand indicator mt4 is simply an mt4 forex indicator that is simply used for highlighting the supply and demand zones on an mt4 forex chart as shown on the chart below. Sell position when price hits strong supply zone or sell zone. Buy position when price meets demand zone or buy zone.
When to buy or sell. It will give you an overview of the market the underlying buying and selling pressure and let you decide like a pro. If you are scalper day trader or swing trader the supply demand indicator is for you.
The chart below illustrates the most basic ways the supply demand mt4 indicator plots the most important and price sensitive supply and demand zones. The supply and demand are not actual levels but they encompass a zone or a narrow range from where the price can potentially reverse. The supply demand mt4 indicator.
