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SupDem Indicator
The super tool to find important levels of support and resistance. SupDem indicator doesn’t repaint, it really works in Forex and other markets. Compatible with all timeframes.
CATEGORIES: MT4, INFORMATIONAL
Updated on: 13.12.2023
The SupDem Indicator is designed to trade on Supply & Demand zones. It determines them by the behavior of the price.
If the price turns sharply upwards, it means that demand significantly exceeds supply.
If the price turns sharply downwards, it means that supply significantly exceeds demand.
It does not matter what influencing factors caused the reversal – fundamental or technical. All factors are summed up in the ultimate forces of supply and demand.
So, SupDem Indicator uses important reversals on the price chart to display resistance zones in yellow and support zones in blue.
When the price breaks through these blue and yellow zones, they are automatically removed from the chart.
How to trade with SupDem Indicator
SupDem does not give simple buy and sell signals with arrows, line crossovers or in other ways.
You have the freedom to decide how to use the support and resistance zones displayed by the indicator.
Save time withd software.
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