DislikedAre those bollinger bands? If I'm not mistaken, bollinger bands rely on past price action, and thus is a lagging indicator.
Also, how are you determining supply and demand without showing Volume?Ignored
NO, you don't need volume for Supply/Demand. I can simple look at a naked chart and tell you where the Institutions have stacks of sell orders waiting and stacks of buy orders waiting for the unknowing trader. Look at my Aud/usd chart. I knew 8 days in advance were the Institutions had their stack of sell orders waiting for what they call Dumb Money buyers buying into the Supply Zone. I even warned traders on 08/31/11 not to buy, hours before price dropped like a rock. Good Luck, Rocky