Supply and Demand Indicator
Best Price Action Indicator
This indicator plots the supply and demand zones on the price chart of financial assets. These zones help retail traders in trading. it plots four types of zones
- Rally base Rally
- Drop base Drop
- Drop base Rally
- Rally base Drop
- Most traders use simple mathematical formula-based indicators in their trading. And they all end up losing money. Why? Because formula-based indicators always lag behind the price. You can use RSI, MACD, Stochastic… etc., to try to catch up to the price, but that still won’t get you anywhere because those indicators lag behind the price and will always be late to give you a signal.
What is the origin of this supply & demand indicator?
Our Supply and Demand Indicator is made by using the four essential laws of supply and demand in trading.
Since ancient times, the concepts of Supply and Demand have been a part of human life. These two principles govern all living things.
It is a simple rule that explains how any product’s value and market price are determined Supply refers to the amount of a product available on the market. On the other hand, demand is the number of customers wanting to buy that product. If supply is high and demand is low, prices will go down. On the other hand, if supply is low, but demand is high, prices will increase.
What is the origin of this supply & demand indicator?
Our Supply and Demand Indicator is made by using the four essential laws of supply and demand in trading.
Since ancient times, the concepts of Supply and Demand have been a part of human life. These two principles govern all living things.
It is a simple rule that explains how any product’s value and market price are determined.
Supply refers to the amount of a product available on the market. On the other hand, demand is the number of customers wanting to buy that product. If supply is high and demand is low, prices will go down. On the other hand, if supply is low, but demand is high, prices will increase.