What Are Supply & Demand ?
Supply & Demand in trading is a method/concept, the idea is to identify zone/area where the market has risen or fallen sharply. A large decrease will result in the identification of a supply area, and a large increase will result in the identification of a demand area.
Once its zones have been identified, you have to monitor the price action when it comes back in. And be looking for a spring or upthrust to have the ideal entry.
What are the features?
- Zone detection with sensitivity adjustement
- Daily session and start date adjustable
- Support & Resistance display
- Fibonacci levels display
UT 1min with support&resistance
UT 1hour
UT 15 min
Renko
Renko with Fibonacci levels
fabian.lindner1987 (verified owner) –
Super to identify the important Supply & Demand zones. The purchase was definitely worth it.
Little suggestion for V2. Reflect probability with which the zone is broken (e.g. calculated from the number of contracts of other traders deposited in the market).