MetaTrader supply and demand strategy
The basic idea in supply and demand strategy is to identify the strong high and low prices of a financial instrument in the market and mark them as supply and demand zones so that you can decide whether to buy or sell the device according to the pressures of the respective market.
Simply, by using the law of supply and demand. we will always buy low and sell high – buying in areas of demand and selling in areas of fund. Therefore, we will be trading against the direction the price is moving, because we have an estimate of which way the price might move and is about to reverse.
Plan your entry
When a breakout occurs, the supply or demand zone is the entry point for your trade. This is called the level of action. The breakout level is when we see evidence of an imbalance in supply and demand and prices are making a move.
Law of Supply and Demand strategy:
• The price rises when demand is higher than supply.
• The price goes down when the supply is higher than the demand
2. Application of the law of supply and demand in financial markets:
• The price rises when there is high buying pressure (demand).
• The price decreases when there is high selling pressure (supply).
. 3. The supply and demand zones in financial assets are turning points from where the price movement is likely to reverse.
4. The levels of supply and demand, can be visually highlighted on the trading charts:
• The demand zone is located below the price action. It is expected to create buying pressure due to pending and unfilled orders in this zone.
• The supply zone is located above the price action .it is expected to create selling pressure due to pending and unfilled orders in this zone
..To draw supply and demand zones on your trading chart you must 5
Download Supply and Demand Index
Apply the indicator to the desired chart
Select the area where the price movement created a swing level with sharp price movement after the index application.
The indicator will extend a rectangular drawing from left to right to mark the area
6. To use Forex’s supply and demand strategy you must:
Purchase when the price bounces upwards in the order area.
Put the stop loss down this area.
Sell when the price bounces down from the display area.
Place a stopover in this area.
Keep trading at least until the price reaches the opposite level of the indicator shown on the chart or use the price movement rules to manage to trade.
Once you sign up with us, you will deal with a support employee from the company.. He will be with you step by step telling you when you should open the position and learn the latest strategy.. and when you should close it, in addition to a wide range of tips and instructions that will guarantee you a large profit.
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