Supply And Demand Forex Indicator

Advanced Supply Demand Indicator USER MANUAL

fifteen August 2018, 12:22

Avant-garde Supply Need Indicator USER MANUAL.

SELECTED Supply/Need Support/Resistance.

Multiple Time-frames and Alerts.

What is Advanced Supply Demand Indicator?

A Breakthrough Algorithm For Supply Demand Zones! That Tin can Further Amend Your Trading!

Supply and demand imbalances tin be used on any market and timeframe: Forex, Stocks, ETFs, Bolt, Futures  and Indexes. Use supply and demand zones to locate the verbal zone to plan your Trade without expending half your life in front end of your trading platform. Knowing were are supply and demand zones will help yous locate turning points in whatsoever markets.

What is SUPPLY?

Supply is the amount of sell orders bachelor at a item cost zone orarea.

What is Demand?

Demand is the amount of purchase orders that is wanted or desired at a specific price zone  orexpanse.

Why Supply/Demand and non Support/Resistance?

Orders are not placed but on a specific toll simply over an surface area or a zone. Information technology can pay off to know how to spot such areas because only like the concept or back up and resistance, supply and demand areas can add an other layer of confluence to our trading and assist u.s.a. find better trades.

YOUR BENEFITS!

The nigh important questions for every trader regardless what trading arrangement is used:

1. Were are the all-time levels to enter the market place?
   Enter your merchandise within or near a strong supply/need zone to have the best chance of success and risk/reward.
2. Were is the best place for my stop loss?
   Identify your stop beneath/above a strong supply/demand zone to be the most safe.
3. What is my best profit target?
   Your go out strategy is simply every bit of import equally your entry and knowing the higher time frame picture can help with this. For a buy use the side by side supply zone every bit target, for a sell utilise the next need zones as target. Entering on a pull back to supply or demand ensuring that there is sufficient room for a profit margin up to higher fourth dimension frame supply and demand will increase your profits.

Why we filter strong and weak zones?

The greater the imbalance, the greater the move in price.The highest probability price levels are the ones with the greatest imbalance between buyers and sellers. Without whatever prior alert, it reverses on the spot and drops like a rock – those are the areas of major imbalances. A big number of sellers have entered the market at that price and outnumbered the buyers. Information technology is also very likely that, in example all of a sudden sell-off, more sellers were waiting to sell only around that level.

These are the indicator parameters you can edit the zone strength:

• min 10-factor of price travel abroad (ATR)
• min Y-factor of price travel away (zone size)

Minimum candles until price returns:

The trading opportunities exist when price moves back into those areas.

These are the indicator parameters you can edit the minimum number of candles until price revisit the zone:

• min candles before a zone is printed

Maximum zone size:

In an attempt to reduce the risk on the trade the indicator will slice the size of a very big supply and demand zones, thereby cutting the distance of your finish-loss from entry and avoiding risky trades.

These are the indicator parameters you tin can edit the maximum size of a zone:

• express size of a large zone. Max cistron (ATR)

What means the starting time Striking?

We come across the Supply and Demand zones have the highest possibility of success on the starting time touch, but on the second touch the market place breaks the expanse often hands.

These are the indicator parameters you can edit/see the color code of fresh and used/touched zones:

• color supply
• color supply used
• color demand
• color demand used

Why trade the commencement HIT?

Common trading wisdom tells you that with each touch of a toll level, the surface area becomes stronger. This couldn't be further from the truth.

In the example below each time the price reaches the need zone, sellers enter the market and cause a bounce by outnumbering the buyers, consuming buy orders. This is chosen order absorption. Frequently price bounces less back with each "touch" and eventually the need level breaks.

In the picture above we run across the best bounce from the demand zone was on the first touch.

For what we show the old zones?

1. When you want to meet the history of sometime zones and learn from information technology.
2. When you desire to run across false breakouts.
3. When you want to use onetime zones for possible flip levels.

These are the indicator parameters you tin can edit/meet the color lawmaking of old (cleaved) zones:

• evidence old zones
• color supply old
• colour need old

INTEGRATED ALERTS

These are the indicator parameters you lot can on and off three alerts:

• alert zone hit
• room in points for Hitting-alert (NEW version two.fourscore)
• warning zone break
• alert opposite candle from zone

NEW with version 2.lxx :

• Alarm Fake Breakout (FBO)
• FBO min bar Size Point
• FBO bar close back % (20-90)
• FBO pattern bar count (i-3)

These are the indicator parameters you can manage popup, email, and push alerts:

• popup Alerts
• send e-mail alerts
• send push alerts

MULTI TIMEFRAME Application

The Advanced Supply Demand indicator is a very powerful indicator that adds a new functionality.

• Southward/D Zones of agile timeframe are shown as colored rectangles.
• S/D zones of higher timeframe are shown as outlines.

1. Displays supply/demand zones of multiple timeframes in one Chart.
2. Helps y'all to see the bigger flick without constantly switching timeframes or trying to call back how the higher timeframe looked.
3. It volition speed up your top downward analysis and assistance you to make faster and better trading decisions.

These are the indicator parameters you can manage the functions for the college timeframe and run across the colour code:

• ADD higher TF
• higher TF period (or one more than as chart TF)
• colour supply MTF
• color supply used MTF
• colour demand MTF
• color demand used MTF
• rectangle fashion full MTF
• rectangle width (one-five) MTF

What is a NESTED Zone?

If you want to increment the success rate of supply and demand zone trades and then look to find a lower time-frame zone contained inside a college fourth dimension-frame zone and then you are more likely to have a winning trade.

For case if you were looking only trade 1 hour zones which are contained inside 4 hour zones yous would win on a significantly college number of trades than if you were to only trade the 1 hr zones on their ain with no additional confluence.

New features added! Version 2.thirty    2018.11.04

From Version ii.30 the indicator can observe nested zones!

Added an optional filter to alarm but nested zones.  (The lower timeframe zone must exist within a higher timeframe zone.)
Information technology applies to all iii actual alerts (striking - reverse - break).
If turned off the alerts will even so tell if the alerted zone was nested or not.
New input:

•  alert only NESTED zones! (within MTF)

How to trade a demand zone:

Practise non short into higher timeframe demand but look for long signals. A short will be a go if demand is broken clearly (Not just a pin-bar with a fake breakout! A candle needs to CLOSE below demand.).

New Version 2.60 released  2019.05.29
I great update!

1) Optimized some issue with old zones and counter.

two) As requested past a trader the reversal pointer will now merely draw on nested zones if the filter "alarm merely nested" is true.

three) A new filter for alerts has been added to alert only if the zone is new or untouched. (Excluding break warning.)

New input:

•  warning only new zones (excluding breaks)

To activate the filter set above input to true;

iv) If there is a strong trend the zones might not be in range with only 2000 bars await back. So this limit was set higher to 5000 bars. Just we do not need to draw erstwhile zones and then far. And so a new candle limit has been added for old zones. That's why a new limit for old zones has been added. (Default = 1000 bars.)

New input:

•  show Confined dorsum for old zones

NEW Version 3.0 released 2020.02.10

Added zone size info in point. As requested past trader.

A zone size in points will show in the right corner of the rectangles. The size of the higher timeframe is shifted a few bars to the left.

New inputs:

=== Nautical chart settings

• evidence zone size (bespeak)
• evidence zone size MTF (point)

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MAJOR UPDATE 2020
==================

At present with ENGULFING Bars blueprint!

Added optional: Supply and Demand zones with ENGULFING BARS blueprint at the first of the zone.
Use reversal candle color for bar 1 or bar 2 (the one before). Use either i or both.
Use the true engulfing blueprint for the above-mentioned bars. (Must cull above.)

By default the input is faux. To use the part you must ready the new inputs = true.

New inputs:

==== Candle pattern

+ use reversal candle colour bar ane
+ use reversal candle color bar 2 (both or either)
+ use true engulfing pattern (cull above)

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How to update:

Possible you have to look 24 hours until it is available for update.

Last'southward showcase "Market place" is updating once in 24 hours. If you don't see any updates - that means 24 hours haven't passed still. You have to look for showcase update.

If a new version of a production is available, yous volition run across the respective message against it as well as the "Update" button.

Once this push button is pressed, the new version will be downloaded. The new file replaces the previous 1. Thus if you need, save the one-time version re-create the file under a different proper name or exterior of the directory [platform data folder]\MQL5\Market place\.

To install updated version immediately delete the production from Navigator window (or meliorate safe/drag the file to another folder exterior of MT4), restart the concluding and effort to install buy from Last - Marketplace - Purchased tab. This will be gratuitous and cost no activation.

 Specials !

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Original Toll: 128$

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I will always assist you if you take any questions.

Thanks, I wish you lot many green pips in the hereafter.

Best regards, Bernhard

world wide web.CurrencyStrength28.com

Merely send an e-mail to get more info and detailed description.
bernhardfxcontact@gmail.com

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Attending! All my products can be bought only here, on the official MQL5 website. Beware of scammers!

Place a comment on the indicator page at mql5 then we can verify your admission for our forum and other bonuses in the hereafter.

THIS MANUAL WILL Exist continuously be UPDATED !! So check again.

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