Prefered Advanced Supply Demand

Description

MT4 has 4 different supply and demand indicators that you can choose to use according to your preferences.

Containing 4 indicators, the Supply and Demand Indicators in Trading,These zones are considered important as they can act as support or resistance zones and influence future price action.

This indicator is a unique, high-quality, and affordable trading tool, incorporating a number of proprietary features and a new formula. With this update, you can display double timeframe zones, showing both the chart TF and the higher TF, effectively showing nested zones. All Supply Demand traders will love it.

Maximize Your Trading Potential

Maximize the potential of Advanced Supply Demand by visiting this link. Imagine how your trading will improve by pinpointing the exact trigger point of entry or target. Built on new underlying algorithms, it makes it easier to identify potential imbalances between buyers and sellers by graphically showing the strongest supply and demand zones and their past performance. These features help you find the best entry zones and levels. You can now optimize and edit the zone strength for your symbol and timeframe.

Advanced Features

The Advanced Supply Demand Indicator works on all products and timeframes. Its new formula and features include two zone strength functions adjustable by user input. This flexibility is a significant advantage in trading. By learning to use the proprietary features such as zone strength with a minimum X-factor of price travel away, you can determine whether a zone is strong or not.

Alert System

The supply and demand zones serve as an alert trigger. You have three alert options:

1. When the price enters the zone.
2. When the price breaks the zone.
3. When a reversal candle forms from a zone.

You can use popup alerts with sound on MetaTrader 4 and/or push and/or email alerts. This feature ensures you know exactly what to do when you receive an alert.

Trend Continuation

A message will inform you of how many demand zones have been broken in a row, enabling you to trade with the trend and look for trend continuation. The indicator can also detect nested S/D zones, a very powerful feature. Alerts can be filtered for nested zones.

Parameters

Supply Demand Settings

• Min candles before a zone is printed (used for live chart).
• Min X-factor of price travel away (ATR): The higher the number, the stronger the zones. Optimize here for your symbol and timeframe!
• Min Y-factor of price travel away (zone size): The higher the number, the stronger the zones. Optimize here for your symbol and timeframe!
• Limited size of a big zone. Max factor (ATR): Oversized big zones will be reduced. The higher the number, the larger zones are allowed.

MTF Settings

• Add higher TF.
• Higher TF period (if MTF is the same or lower than chart TF, the higher one will be used).
• Min HTF!-candles before a zone is printed.
• Min X-factor of price travel away (ATR) MTF.
• Min Y-factor of price travel away (zone size) MTF.
• Limited size of a big zone. Max factor (ATR) MTF: Oversized big zones will be reduced. The higher the number, the larger zones are allowed.
• Show inner price labels MTF.
• Show outer price labels MTF.

Chart Settings

• Show inner price labels.
• Show outer price labels.
• Show old zones (needed for Sup/Dem counter, see below).
• Show yesterday’s high/low.
• Show today’s pivot.
• Show the number of broken Sup/Dem in a row (counter).
• Show above in corner.
• Draw rectangle extended over live candle.

Alert Settings

• Alert zone hit.
• Alert zone break.
• Alert reverse candle from zone.
• Alert only nested zones (within MTF).
• Alert fake breakout.
• FBO min bar size point.
• FBO bar close back % (20-90).
• FBO pattern bar count (1-3).
• Popup alerts (MT4 popup and sound).
• Send email alerts.
• Send push alerts.