SupDem Indicator

SupDem Indicator

he super tool to find important levels of support and resistance. SupDem indicator doesn’t repaint, it really works in Forex and other markets. Compatible with all timeframes.

The SupDem Indicator is designed to trade on Supply & Demand zones. It determines them by the behavior of the price.

If the price turns sharply upwards, it means that demand significantly exceeds supply.
If the price turns sharply downwards, it means that supply significantly exceeds demand.
It does not matter what influencing factors caused the reversal – fundamental or technical. All factors are summed up in the ultimate forces of supply and demand.

So, SupDem Indicator uses important reversals on the price chart to display resistance zones in yellow and support zones in blue.

When the price breaks through these blue and yellow zones, they are automatically removed from the chart.

How to trade with SupDem Indicator
SupDem does not give simple buy and sell signals with arrows, line crossovers or in other ways.

You have the freedom to decide how to use the support and resistance zones displayed by the indicator.

The chart above shows a variation on how you can use the Supply and Demand indicator for intraday trading.

Place a sell-limit order at the lower boundary of the resistance zone;
Place a protective stop-order above the upper boundary of the resistance zone;
Look for an exit with profits near the previous local low.
Make sure the R:R ratio is in your favor.

And here’s the strategy of how you can use the SupDem in combination with another indicator.

A zone of supply was formed at point 1 (it is not shown on the price chart because it has already lost validity).
You wait for the price to return to this zone (2).
Then you open a short position on the signal of the CCI indicator (3).
Close the position on the opposite signal of the CCI indicator (4).
We used the CCI in this example, but you can replace it with any other indicator that you think is best. The main thing is to keep the risks under control.

Conclusion
The Supply & Demand Indicator for Metatrader 4 helps you trade around important levels. It doesn’t repaint.

The SupDem Indicator uses data from price patterns to build:

The supply zone (resistance).
The demand zone (support).
The SupDem Indicator for Metatrader 4 allows you to:

display supply and demand zones from different timeframes;
trade near really important levels;
combine supply and demand zones and signals from other indicators.
Be aware, the Supply & Demand Indicator for Metatrader does not guarantee the best buy and sell signals ever. If the market has already reversed once, the SupDem does not give a 100% probability that it will do so again at the same level.

Therefore, take care that trading with this indicator will not harm your deposit. To do so, first train trading on a demo account with a preferable broker.

Download the Supply & Demand Indicator for MT4 for Free Now!

Anastasiia