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Real Time Supply And Demand

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The Realtime Supply and Demand indicator captures the core function of every market ? Supply and
Demand

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Quick notes for the first use:
Please load the indicator on a chart with about 50 days of data; it will take a moment till the indicator
plots the first time as it needs to calculate everything in real time. Please do NOT load the indicator on a
chart with a huge data set like for example 500 days or more! After the initial use you can use larger
data set but keep in mind that the indicator is a real time indicator with no historical plot.
The Realtime Supply and Demand indicator captures the core function of every market ? Supply and
Demand.
Supply and Demand is the reason why the markets move!
When Supply is bigger than Demand ? the price will fall
When Demand is bigger than Supply ? the price will rise
When Supply and Demand is the same or ?in balance? the price will not move either way. This Realtime
Supply and Demand indicator identifies areas where Supply and Demand is out of balance and when
these areas apply there are great trading opportunities.
All calculation are made in Real-time, the indicator does not calculate or plot historical zones. Every zone
which gets ?run over? by the price will disappear from the chart and will not repaint. As we track real
time buying and selling zones new zones will be plotted as soon as the indicator detects an imbalance of
buyers and sellers and other zones will disappear as they are not of further interest because the buying
and selling will take place at a different area.
The indicator can be used in any market and on any timeframe!
By default the indicator will calculate on the chart period. It is possible to set the indicator to any time
based period you like (when using any non-timeframe chart you need to change the TimeframeType and
the TimeframeValue, see settings below).
The chart period can be any time-, price- or volume-based period. The calculation of the indicator needs
to be on a time based period like minute, hour, day, week.
When using a price-, or volume based chart period like Tick, Range, Renko or Volume you need to set the
calculation period of the indicator to a time base period. Just choose in the indicator settings menu
which time period the supply and demand should be calculated on. These zones will then plotted on the
chart of your choice.The indicator can be drawn multiple times on the same chart and run with different settings regarding
the calculation timeframe as well as colors and plots. That allows you to track Supply and Demand of
several timeframes on one chart.
How to use the indicator for your trading ? key facts:
– Looking for a revers when price hits Strong Supply or Demand zones
– When price rises and comes in an area of Strong Supply ? possible sell opportunity
– When price falls and comes in an area of Strong Demand ? possible buy opportunity
– The thicker the zones (price range between high to low of the zone), the stronger the
potential Supply or Demand
– The first touch of a zone tends to be the most effective entry as at this particular
moment the imbalance of Supply and Demand is the biggest. Next touches have smaller
odds to provide the price action we are looking for (only want to buy the first pullback to
the Demand zone) and vice versa with the

 

How to use the indicator for your trading ? key facts:
– Looking for a revers when price hits Strong Supply or Demand zones
– When price rises and comes in an area of Strong Supply ? possible sell opportunity
– When price falls and comes in an area of Strong Demand ? possible buy opportunity
– The thicker the zones (price range between high to low of the zone), the stronger the
potential Supply or Demand
– The first touch of a zone tends to be the most effective entry as at this particular
moment the imbalance of Supply and Demand is the biggest. Next touches have smaller
odds to provide the price action we are looking for (only want to buy the first pullback to
the Demand zone) and vice versa with the Supply zone.
– Zones are react time Supply and Demand and do not reprint ? When a zone is taken out
(price moves completely through the zones) it will stay out
– Stops can be placed on the other side of the zone. When the price breaks through that
zone the odds are low to see a pullback. That?s why we do not want to be involved
anymore. Often it is possible to use a really tight stop.
– The indicator is completely customizable and can be used on any time frame according
your trading style. We found the best performance can be reached on 10 ? 60 minute
periods as well as on 4 hour and daily charts.