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Supply and Demand Trading Using Automated Indicator

  • #821
  • Feb 16, 2021 7:51am Feb 16, 2021 7:51am
Quoting a_fearless
Before {image}After{image} {image} Today i trade 2 1 Win 1 Loss 1-1
Second trade is not good. Avoid trading zones that are so small in pips. This zone is only 2.9 pips. And as i can see your spread on NZDCAD is about 4 pips
That trade was insane. To trade a pair with 4 pips spread you zone width should me more than 35-40 pips.
  • #822
  • Feb 16, 2021 7:52am Feb 16, 2021 7:52am
Quoting a_fearless
Buy Limit {image} when it's done I'll edit it again
I wouldnt have traded this zone either. It looks very wide. Although price can bounce there because we are at the lows on daily and weekly.
  • #823
  • Feb 16, 2021 8:57am Feb 16, 2021 8:57am
My day started in red. I placed two long positions on EURUSD M30 hoping that price could bounce there. Unfortunately we were inside Daily supply zone and in general the momentum on USD Index was Bullish. For the same reason i lost the Short position on USDCAD 4hr. Finally i placed two short setups on Gold and managed to get back into green territory and closed my day in green. I am posting the Loss trade on EURUSD and the Daily results.

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  • #824
  • Feb 16, 2021 12:05pm Feb 16, 2021 12:05pm
Quoting hpztrading
{quote} Second trade is not good. Avoid trading zones that are so small in pips. This zone is only 2.9 pips. And as i can see your spread on NZDCAD is about 4 pips That trade was insane. To trade a pair with 4 pips spread you zone width should me more than 35-40 pips.
I take your advice. Thanks brother

now i buy GOLD
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and also USDCAD H4 WİN
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  • #825
  • Feb 17, 2021 10:37am Feb 17, 2021 10:37am
Our strategy works perfetly on BITCOIN as any other market that there is volatility. 4 trades in total. 3 winners and 1 loss. I placed a short trade on Bitcoin but i kept my TP tight because bias on Bitcoin is Bullish. Then i managed to place a Long Setup too when Demand Zone formed in compliance with Bullish Trendline. Check the photos below.

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  • #826
  • Feb 18, 2021 1:03am Feb 18, 2021 1:03am
Can i use MT5?
  • #827
  • Feb 18, 2021 4:54pm Feb 18, 2021 4:54pm
Quoting hpztrading
Our strategy works perfetly on BITCOIN as any other market that there is volatility. 4 trades in total. 3 winners and 1 loss. I placed a short trade on Bitcoin but i kept my TP tight because bias on Bitcoin is Bullish. Then i managed to place a Long Setup too when Demand Zone formed in compliance with Bullish Trendline. Check the photos below. {image}{image}{image}

Is there a way to set zones to "virgin" or untouched areas of supply and demand only? Also, would the source be available for purchase to build an EA?
  • #828
  • Feb 18, 2021 9:31pm Feb 18, 2021 9:31pm
Hello Community,
I am posting US500 short setup. It was a WIN trade.

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  • #829
  • Feb 19, 2021 2:25am Feb 19, 2021 2:25am
I think discretionary forex traders will like this
Inserted Video
  • #830
  • Feb 19, 2021 8:33pm Feb 19, 2021 8:33pm
Quoting a_fearless
Can i use MT5?
You can use it only on MT4 platform. But you can place your trades on MT5 and use MT5 for your analysis.
  • #831
  • Feb 19, 2021 8:36pm Feb 19, 2021 8:36pm
Quoting slapoutfx
{quote} Is there a way to set zones to "virgin" or untouched areas of supply and demand only? Also, would the source be available for purchase to build an EA?
The source code will not be available. In my opinion the best way to use this indicator is through manual trading.
  • #832
  • Feb 19, 2021 8:37pm Feb 19, 2021 8:37pm
Quoting Tessa.M
Hello Community, I am posting US500 short setup. It was a WIN trade. {image}
Great setup from you Tessa. I wish i had spot this setup too. It looks amazing opportunity.
  • #833
  • Feb 20, 2021 11:44am Feb 20, 2021 11:44am
Five trades for me in Friday. 4 winners and 1 looser. A good setup appeared on GBPCAD M30. Supply Zone was a bit away from Bearish Trendline but i like the price action when the zone was hit. Check the setup on GBPCAD and my Daily Results.

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  • #834
  • Feb 20, 2021 12:58pm Feb 20, 2021 12:58pm
Please crate a group who bought and using this indicator. i m late to find good setup
  • #835
  • Feb 21, 2021 3:54pm Feb 21, 2021 3:54pm
is it Good setup or no ?
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Multi time
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  • #836
  • Feb 22, 2021 7:47am Feb 22, 2021 7:47am
Quoting a_fearless
is it Good setup or no ? {image} Multi time {image}
Not very god setup. As i can see price has touched 4hr supply zone and reacting heavily from it.
  • #837
  • Feb 22, 2021 1:03pm Feb 22, 2021 1:03pm
Multi time
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BUY

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  • #838
  • Feb 23, 2021 7:08am Feb 23, 2021 7:08am
Quoting a_fearless
Multi time {image} BUY {image}
When you spot a trade on 4hr timeframe there is no need to check lower timeframes like 1hr and 30min.
You should check higher timeframes like daily and weekly. It looks good setup but i am concerned that price it is at the highs inside weekly supply zone. It could work for 1:1 but it is a bit risky.
  • #839
  • Feb 23, 2021 8:07am Feb 23, 2021 8:07am
Hello Traders,

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  • #840
  • Feb 23, 2021 8:23am Feb 23, 2021 8:23am
It is even better if you can offer a trade copy service for those who can't stay in front of their PCs for hours to find the entries :0)
I think many will agree to pay some service fee for that privilege
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