Demand indicator analyzes past price action to anticipate buying and selling pressure in the market: it does so by looking back into the past and analyzing price peaks and valleys analisa supply demand forex charts the current price. It is a state-of-the-art confirmation indicator. Potential supply and demand prices are those at which lots of market participants are likely to be holding their losing positions, hoping to liquidate them at break-even. Thus there is massive activity at these price levels.
Enhance your trading activity with the best and most complete supply and demand indicator, just like our customers have already done. A brief introduction Potential supply and demand prices are those at which lots of market participants are likely to be holding their losing positions, hoping to liquidate them in the future. Unwary longs are caught at price peaks and shorts are caught at price valleys. The indicator analyzes past price action and displays how many peaks and valleys can be found around the current price, thus accurately predicting buying and selling pressure. Demand truly needs little explanation because it has been designed to be simple, all you have to do is following these simple rules.
Although the indicator works for all timeframes, it is recommended to confirm every trade with at least one higher timeframe. For example, if you are going to buy on the H4 timeframe, you ought to check demand is above supply at least on D1, W1 or MN1 charts. Some trading examples Some examples about how to use this indicator can be found below. Note that, for better results, more than one timeframe should be used.
It has to scan past price action every time the price moves one average true range unit. Should I take trades solely based on supply and demand? It should be used as a confirming indicator. The strong lines are the average supply and demand lines.