Assuched demand for supply is an indicator that will help the investor determine the best points to open trading orders. It is based on a price chart of supply and demand zones that can be conducted in the process of making commercial decisions. The indicator can be used to trade on any currency pairs and time intervals. It will go to novice traders, because it is easy to evaluate his testimony.
Configuration indicator
If you open a window with advanced supply demand settings, you can see that there are many. But in fact, the trader should pay attention to only four variables. Other options don’t matter. To begin with, you need to specify the time frame on which the trader expects to trade. To do this, use the appropriate option – Time-Frame. Then tell the indicator how many candles should be used in the calculation to generate signals. You can do this with a Min-HFT-candle before. Min-Xfactor-of-price-travel-away-ATR – this option is designed to spell out the minimum ATR value. This is part of an advanced supply demand algorithm. As I wrote above, the indicator we are considering today is based on the supply and demand zone price chart. The maximum size is set using the large factor restricted zone. For better trading results you can try to optimize these parameters by changing their values. After completing this work, you can go to trading.
How to apply advanced supply demand
First see what it looks like in the price chart:
In green painted supply zone and in red – supply zone. The trader must follow the price behaviour of these zones. If the price is to be de-seedued from the green zone, it is considered a signal for sale. Therefore, if the price has moved away from the red zone, then the market has a favorable situation for the purchase of the asset. However, I would like to warn you that these signals alone are not enough to make commercial decisions. The trading strategy should include additional technical analysis tools. In this case, the more can be trusted. Making the right choice will help your demo account. With it, you can not only raise additional indicators, but also get statistics on trading. Download Powered demand for supply can be found here: Advanced_Supply_Demand 1010 27.03.2021 Entry indicator Advanced supply demand appeared for the first time in Forex Traders | forex-for-you.ru.