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Advanced Supply Demand Indicator V7 MT4

Original price was: $148.00.Current price is: $110.00.

Discover the power of the Advanced Supply Demand Indicator V7 for MT4. This unique and affordable trading tool incorporates proprietary features and a new formula. It allows you to identify supply and demand zones, pinpoint entry triggers, and optimize your trading strategy.

Description

Advanced Supply Demand Indicator V7 MT4

Overview

The Advanced Supply Demand Indicator V7 MT4 is a unique and affordable trading tool designed for both newbies and expert traders. It incorporates proprietary features and a new formula to pinpoint precise entry and target points. Let’s delve into the specifics:

  1. Indicator Features:

    • Double Timeframe Zones: With this update, you can display supply and demand zones from both the chart timeframe and a higher timeframe. This feature is especially useful for traders who want to see nested zones.
    • Graphical Representation: The indicator visually highlights the strongest supply and demand zones, including historical performance (old zones).
    • Zone Strength Functions: You can adjust two zone strength parameters:
      • Min X-factor of Price Travel Away: Determines the strength of the zones based on price movement (higher values indicate stronger zones).
      • Min Y-factor of Price Travel Away (Zone Size): Another strength parameter that influences zone visibility.
  2. Alerts:

    • The indicator serves as an alert trigger for supply and demand zones. You have three alert options:
      • Price Enters the Zone
      • Price Breaks the Zone
      • Reversal Candle Forms from a Zone
    • Alerts can be customized via popup, sound, push notifications, or email.
  3. Nested Zones:

    • A powerful feature! The indicator detects if a supply/demand zone is nested within a higher timeframe zone.

 

Advanced Supply Demand Indicator V7 MT4

Advanced Supply Demand Indicator V7 MT4

Advanced Supply Demand Indicator V7 MT4

Advanced Supply Demand Indicator V7 MT4

Advanced Supply Demand Indicator V7 MT4

Strategy Implementation

Now, let’s discuss how to use this indicator effectively:

  1. Minimum Deposit:

    • There’s no specific minimum deposit requirement. However, it’s advisable to start with a sufficient trading capital to manage risk effectively.
  2. Currency Pairs:

    • Consider using the following pairs:
      • USDCHF
      • EURUSD
      • GBPUSD
      • AUDUSD
      • EURGBP
  3. Timeframes:

    • The indicator works across all timeframes, including:
      • M1
      • M5
      • ALL TIMEFRAMES

How the EA Takes Trades

The Advanced Supply Demand Indicator V7 MT4 helps traders identify areas of imbalance between buyers and sellers. Here’s how it works:

  1. Supply Zones:

    • When price enters a supply zone, it indicates potential selling pressure.
    • If price breaks a supply zone, it suggests a bearish bias.
    • Reversal candles forming from a supply zone can signal a potential trend reversal.
  2. Demand Zones:

    • When price enters a demand zone, it implies potential buying interest.
    • A break above a demand zone may indicate bullish momentum.
    • Reversal candles forming from a demand zone can signal trend reversals.

Get Started!

Join our Telegram channel for real-time updates: https://t.me/yoforexrobot

 

[Remember, understanding supply and demand zones is crucial for successful trading]

📈🔍🚀 Happy Trading 📈🔍🚀

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