For more information use the links below:- 1. To see our MOST RECENT VIDEO, use this link: https://goo.gl/OnSRkO 2. To view our MOST POPULAR VIDEO, use this link: https://goo.gl/TqVI9g 3. To subscribe to OUR CHANNEL, use this link: https://goo.gl/jhztZR 4. To subscribe to our channel using RSS feed: https://www.youtube.com/feeds/videos.xml?channel_id=UCw5NuBE-K4qo6eJzyO1bT6g 5. To link to the PLAYLIST containing more videos on this topic: https://goo.gl/dzg5mS 6. To subscribe to our MAILING LIST, use this link: 7. https://www.moneymakingforextools.com/join-the-expert4x-mailing-list/ 8. To make sure you know about our NEXT PRODUCT LAUNCH, use this link 9. https://www.moneymakingforextools.com/join-the-expert4x-mailing-list/ 10. To view any of our RECENT EMAILS and NEWS LETTERS use this link http://archive.aweber.com/expert4x Please also watch: "Forex Hedged EA trading - direction does not matter" Learn how to make money Buying and Selling at the same time. https://www.youtube.com/watch?v=Oj7SfPrBCF0 -~-~~-~~~-~~-~- Download the indicator here: https://www.doubleinadayforex.com/free-supply-and-demand-mt4-indicator-download/ When trading the Double in a Day Forex EA the best Forex trading techniques are the ones using support and resistance. The reason for this is that most techniques use lagging indicators that give away 30% to 50% of the trend. But by trading bounces between support and resistance, like in the case of channel trading, you can literally catch almost 100% of the trend. This is critical as most double in a day trades need a 100 pip trend. One on the indicators that identify support and resistance zones is the Supply and Demand Indicator. Supply and demand zones are not exactly the same as conventional support and resistance but they complement each other quite well How does the demand and supply indicator work? The indicator basically identified price ranges on a trading chart that have caused the prices to rise (Demand Zones). It also identifies price areas that have caused prices to fall. A bit like strong support and strong resistance but these are ranges. How does demand and supply impact prices. If you think of your basic supermarket during the banana season. There are lots of bananas available (supply is high) so the price drops and you get basket full of bananas for your money. So (over) supply zones make the price fall. I think of these as strong resistance zones. However, if there is a drought or banana framers run into problems the prices rise as demand is high but there is no supply. So (high) demand zones make the price rise. I think of these as strong support zones. How to use the indicator One would use the indicator very much the same as strong support and resistance zones. So you would trade bounces off these zones. You would also exit deals near these zones. They can be used to confirm support and resistance levels They can be used to create confluence with non-horizontal support and resistance As with support and resistance some demand and supply zones are stronger than others. The general rule of thumb is that the longer the timeframe the more reliable the zone.
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