Supply and Demand Zones Indicator for MT4 – Identify Key Market Turning Points
Introduction:
The Supply and Demand Zones Indicator is a powerful MT4 tool that identifies areas of institutional buying (demand) and selling (supply) pressure. These zones often act as major support and resistance levels, giving traders an edge in anticipating price reversals or continuations. The indicator draws zones automatically and updates dynamically based on market structure, making it perfect for both beginners and experienced price action traders.
Specifications:
- Platform: MetaTrader 4 (MT4)
- Type: Supply and Demand Indicator
- Function: Automatically identifies and marks supply and demand zones
- Timeframes: Works across all timeframes (best used on H1 and higher)
- Pairs: Suitable for all forex pairs
- Visual Features: Color-coded zones for easy identification
- Customization: Adjustable sensitivity and zone settings
- Use Cases: Support/resistance mapping, breakout trading, reversal confirmation
By highlighting key areas where price has historically reacted, this indicator enables more informed trading decisions. It supports a wide range of strategies, including trend reversal, breakout, and range trading, making it a versatile tool for technical traders.
Risks Disclaimer:
All indicators and tools provided are for educational and informational purposes only. They do not constitute financial advice or investment recommendations, and they do not guarantee any specific trading results or profits. Forex trading involves significant risk and may not be suitable for all investors. Users are solely responsible for their trading decisions. Please trade responsibly and consult a licensed financial advisor if needed.
