In this blog I am going to be sharing one of the most popular supply and demand trading MT4 indicator.
So what exactly is supply and demand. When it comes to trading, well it's actually a very simple concept as it's similar to how supply and demand works in the real world.
The first thing you need to understand is that, when we're talking about demand, we're always referring to "buyers".
on the other hand when we talk about supply, we're always referring to "sellers".
So whenever the price of something rises, there will be less buyers willing to buy it at that higher price, because it costs them more money to do. So simultaneously there will be more sellers willing to sell at that higher price because they will make more money from doing.
so on the other hand when the price of something drops, more buyers will be willing to purchase it. because they can get it at a cheaper price but less sellers will be willing to sell it, because they will make less money from that transaction.
Even though we're talking about a real world example here.
The exact same thing is true for trading. Buyers want to enter their trade at the lowest possible price. so that they can make a larger profit. When price rises whereas sellers want to place their trades at the
highest possible price. So that they get a greater return on their trade.
You can set this Indicator System to send you a signal alert via email, Mobile notification, or platform pop-ups. This is helpful as it means you do not need to stare at the charts all day waiting for signals to appear, and you can monitor multiple charts all at once.
This Indicator can be used on any Forex currency pair and other assets such as stocks, commodities, cryptos, precious metals, oil, gas, etc.
You can also use it on any time frame that suits you best.
BUY Trade Rules
Open a BUY trade when a BLUE arrow appears on the chart.
SELL Trade Rules
Open a SELL trade when a RED arrow appears on the chart.
Exit Rules
automatically draw yellow take profit line. here i am set risk reward ratio 1.5.
Stop Loss
automatically draw white stop loss line.
While traders of all experience levels can use this system, it can be beneficial to practice trading on an MT4 demo account until you become consistent and confident enough to go live.
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Replyplease share the download link with me pl thanks
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ReplyThank you. Happy profits
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