Hi Guys,
Here I share with you the 4 supply and demand indicator
pack I use on a daily basis.
I know that some people are going to spit on me, telling me
that the version of "Advance supply demand" is the old
version 2.60 when the latest is 6.4 or something like that.
To those, I'll simply say that I have a trader friend who has
the latest official version bought on the MQL5 market and
that I tested it last week when he came to trade at my place.
And I can tell you that personally, the latest version brings
NOTHING to my trading in terms of results.
Personally, I just modified the parameters of my version 2.60
to set them as indicated by its author in his post on MQL5.
As for the way I trade, I open the same chart 4 times, each
time with a different indicator.
Why do I do this?
To take advantage of the power of each indicator.
Indeed, some allow the use of a higher timeframe, while others do not.
So why use the one that doesn't allow the higher timeframe?
Well, simply because, for example, shved_supply_and_demand
allows me to choose the number of candles backwards, which
the others do not. So, whatever timeframe I use, I ALWAYS take
into account the same number of days.
shved_supply_and_demand also allows you, like Advanced supply
and demand, to change the height of the area to be displayed.
The default setting is 0.75, but I personally use a setting of 0.3 to 0.5
to avoid having zones that are too high.
For those who'd like to try them out, install them and play around
with the settings to see what works best for your trading style.
Happy trading, and drop me a line to share your experiences with
them and let me know which one(s) you continue to use (or none at
all, lol!).
Here I share with you the 4 supply and demand indicator
pack I use on a daily basis.
I know that some people are going to spit on me, telling me
that the version of "Advance supply demand" is the old
version 2.60 when the latest is 6.4 or something like that.
To those, I'll simply say that I have a trader friend who has
the latest official version bought on the MQL5 market and
that I tested it last week when he came to trade at my place.
And I can tell you that personally, the latest version brings
NOTHING to my trading in terms of results.
Personally, I just modified the parameters of my version 2.60
to set them as indicated by its author in his post on MQL5.
As for the way I trade, I open the same chart 4 times, each
time with a different indicator.
Why do I do this?
To take advantage of the power of each indicator.
Indeed, some allow the use of a higher timeframe, while others do not.
So why use the one that doesn't allow the higher timeframe?
Well, simply because, for example, shved_supply_and_demand
allows me to choose the number of candles backwards, which
the others do not. So, whatever timeframe I use, I ALWAYS take
into account the same number of days.
shved_supply_and_demand also allows you, like Advanced supply
and demand, to change the height of the area to be displayed.
The default setting is 0.75, but I personally use a setting of 0.3 to 0.5
to avoid having zones that are too high.
For those who'd like to try them out, install them and play around
with the settings to see what works best for your trading style.
Happy trading, and drop me a line to share your experiences with
them and let me know which one(s) you continue to use (or none at
all, lol!).
