Supply demand Zone indicator is known as several different names in the trading community like the supply demand indicator, demand supply indicatgor, supply demand zone indicator, demand supply zone indicator, and so on. In fact, all these various names are referring to the same trading indicator. We will use the name “supply demand indicator” throughout this article. Before understanding the supply demand indicator, we need to understand what is the supply demand analysis. In essence, supply and demand analysis is one form of price pattern trading. The trading idea comes from understanding the supply and demand curve often appears in the Economic textbook. In fact, the supply demand analysis in trading involves to identify the price movement, which are caused by the unbalance in supply and demand. The practice does not require any math skills. However, it is more on the pattern recognition exercise with the chart.
In terms of the technical analysis history, the supply and demand analysis shares some common characteristics with the volume spread analysis (VSA) devised by Richard Wyckoff in 1930s. In the volume spread analysis, Richard Wyckoff believed that the market shows the sideways move before making a strong bullish rise or bearish fall. Practically, the sideways market can be analysed by several different methods including the statistical method and pattern recognition method. He pointed that this sideways movement is the key area for our trading. He named this key areas as accumulation and distribution respectively for bullish and bearish trading. The key area consists of two prices forming a box zone. Similarly, the supply and demand analysis involves defining the key area to trade.
In the practical trading, the supply and demand analysis involves identifying two key areas where supply is greater than demand (= supply zone) and where demand is greater than supply (=demand zone). Identifying the two key areas are done by looking at the price pattern. For example, supply zone is identified where the price drops at high speed from peak. Likewise, the demand zone is identified where the price rise at high speed from trough.
MetaTrader 4 is one of the most popular trading platform since 2010. It is accessible for free of charge for any trader from all over the world. We provide a range of powerful supply demand zone indicator particularly designed for MetaTrader 4 platform. Here is the list of Advanced Supply Demand Zone Indicator. These supply and demand zone indicators are rich in features with many powerful features to help you to trade the right supply and demand zone to trading.
Mean Reversion Supply Demand on MetaTrader 4
Mean Reversion Supply Demand indicator is our earliest supply demand zone indicator and loved by many trader all over the world. It is great to trade with reversal and breakout. You can also fully setup your trading with stop loss and take profit target. Please note that Mean Reversion Supply Demand is the excellent tool but it is repainting supply demand zone indicator.
Below are the links to MetaTrader 4 version of the Mean Reversion Supply Demand indicator.
Ace Supply Demand Zone indicator is our next generation supply demand zone indicator. It was built in non repainting and non lagging algorithm. On top of many powerful features, you can also make use of archived supply and demand zone in your trading to find more accurate trading opportunity. Ace Supply Demand Zone indicator is the non repainting supply demand zone indicator. If you prefer the non repainting indicator, then you must use Ace Supply Demand Zone Indicator.
Below are the links to MetaTrader 4 version of the Ace Supply Demand Zone indicator.
In addition, we provide the YouTube video for Ace Supply Demand Zone Indicator. In terms of indicator operation, both mean reversion supply demand and ace supply demand zone indicator are similar. Hence, you can watch this YouTube Video to accomplish the supply demand zone indicator.