This is one of the best indicators made. Almost "Holy Grail" type.
The best thing are that it has zones or pads with various color. Not lines as somebody requested. The indicator saved me from stupid trades and of course makes us money.
Very well written thanks
Excellent indicator for support and resistance , especially when I use it with the Mustapha's MBFX indicator as a confirming tool in a linear way . Shows the retest at various support and resistant levels and how many times this occurred Really really COOL !
Of all the indicators that's out there, this is a real beauty , Thanks Vasyl Nosa !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Shved Supply and Demand:
Author: Vasyl Nosal
very good ; ) Thank´s
I have a custom Expert Advisor to trade off these zones.
Here are the rules of the EA:- When price reaches the proximal level of an untested supply zone it will enter a sell trade.- When prices reaches the proximal level of an untested demand zone it will enter a buy trade. - The stop loss is placed one pip outside of either zone.- The take profit is 3 times that of the stop loss. (ie. R:R=3:1)- It has been developed in mql4 (runs on mt4)
Here is the link to the EA: https://www.mql5.com/en/forum/227049
Download it and let me know what you guys think of it by leaving a comment. :)
What does turncoat represent?
Is "untested" zones fresh or original zones or something else?
Does proven mean strong or medium vs Verified?
What is verified? What is proven?
What happened to verify a zone? what happened to prove zone?
In the language of supply and demand, what is what on this indicator?
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