Supply And Demand Entry Signals
- Indicatori
- Tochukwu Joseph Unaegbu
- Versione: 1.0
- Attivazioni: 20
Installation (5 Minutes)
Step 1: Install the Indicator
- Open MetaTrader 5
- Click File → Open Data Folder
- Navigate to MQL5 → Indicators
- Copy SupplyDemand_CleanSignals.mq5 into this folder
- Restart MT5 or press Refresh in Navigator
Step 2: Add to Chart
- Open your desired chart (any symbol, any timeframe)
- In Navigator panel, find Indicators → Custom
- Double-click SupplyDemand_CleanSignals
- Click OK (default settings work great)
Step 3: You're Ready!
- Blue rectangles = Demand zones (potential BUY areas)
- Red rectangles = Supply zones (potential SELL areas)
- Wait for signal arrows to appear
📊 Reading Signals (2 Minutes)
BUY Signal
What You See:
- ↑ Green arrow below a candle
- Blue demand zone rectangle
- Green solid line (Entry price)
- Red dashed line (Stop Loss)
- Green dashed line (Take Profit)
What To Do:
- Wait for arrow to appear (appears on closed bar)
- Enter BUY on next candle open
- Set SL at red dashed line
- Set TP at green dashed line
SELL Signal
What You See:
- ↓ Red arrow above a candle
- Red supply zone rectangle
- Red solid line (Entry price)
- Red dashed line (Stop Loss)
- Green dashed line (Take Profit)
What To Do:
- Wait for arrow to appear (appears on closed bar)
- Enter SELL on next candle open
- Set SL at red dashed line
- Set TP at green dashed line
⚡ First Trade Example
Scenario: You see a green BUY arrow on EURUSD H1
Step-by-Step:
- ✅ Arrow appeared → Signal confirmed
- ✅ Check lines:
- Entry: 1.0850 (green line)
- Stop Loss: 1.0820 (red dashed line)
- Take Profit: 1.0895 (green dashed line)
- ✅ Risk calculation:
- Risk: 30 pips (1.0850 - 1.0820)
- Reward: 45 pips (1.0895 - 1.0850)
- RR: 1:1.5 ✓ Good!
- ✅ Open BUY order:
- Entry: Market execution or 1.0850
- SL: 1.0820
- TP: 1.0895
- Lot size: Based on your risk (1-2% of balance)
- ✅ Wait for SL or TP to hit
⚙️ Best Settings for Beginners
Leave everything default EXCEPT:
- AutoCleanup : true (keeps chart clean)
- CleanupAfterBars : 30-50 (removes old lines)
- SendAlerts : true (get notifications)
That's it! The indicator works perfectly with default settings.
💰 Position Sizing (Important!)
Never risk more than 1-2% per trade!
Example with $10,000 account:
- Risk per trade: 2% = $200
- Signal shows 30 pip stop loss
- Calculate lot size: $200 ÷ (30 pips × $10/pip) = 0.66 lots
Use a position size calculator or MT5 built-in calculator
✅ Pre-Trade Checklist (30 Seconds)
Before entering ANY trade, check:
- ☑️ Signal arrow present and confirmed
- ☑️ Candle is CLOSED (not forming)
- ☑️ Stop loss distance is reasonable
- ☑️ Risk-reward ratio is at least 1:1.5
- ☑️ Not during high-impact news (check economic calendar)
- ☑️ Higher timeframe trend (optional but recommended)
If ALL boxes checked → Trade is valid ✓
🎯 Trading Strategy (Simple)
Strategy: "Wait & Execute"
Rules:
- Wait for arrow signal
- Verify checklist (above)
- Enter on next candle open
- Set SL and TP as shown
- Hold until SL or TP hit
- NO adjustments, NO emotions
- Risk 1-2% per trade
That's it! Simple and effective.
📈 Recommended Timeframes
Best Results:
- H1 (1 Hour) ⭐⭐⭐⭐⭐ Best
- H4 (4 Hour) ⭐⭐⭐⭐⭐ Best
- M30 (30 Min) ⭐⭐⭐⭐ Good
- D1 (Daily) ⭐⭐⭐⭐ Good
Avoid (Too Noisy):
- M1-M5 (Too many false signals)
🚫 Common Mistakes to AVOID
❌ Mistake 1: Trading before arrow appears ✅ Fix: Wait for arrow on CLOSED bar
❌ Mistake 2: Ignoring stop loss ✅ Fix: ALWAYS use the SL shown
❌ Mistake 3: Moving SL wider when losing ✅ Fix: Accept losses as part of trading
❌ Mistake 4: Taking every signal ✅ Fix: Use pre-trade checklist
❌ Mistake 5: Risking too much per trade ✅ Fix: Never exceed 2% risk
❌ Mistake 6: Trading during news ✅ Fix: Check economic calendar
🔧 Troubleshooting
Problem: No zones appearing Solution:
- Wait 20-50 bars for formation
- Check BaseBarsMax setting (increase to 15)
- Verify ATR_Period is 14
Problem: Too many zones Solution:
- Increase RangeATRFactor to 2.0
- Decrease MaxZones to 10
Problem: No signals appearing Solution:
- Verify EnableSignals is true
- Wait for price to touch zones
- Check higher timeframe for trend
Problem: Arrows disappearing Solution:
- They DON'T disappear! Indicator never repaints
- Check if AutoCleanup removed lines (arrows stay)
- Refresh chart (F5)
📞 Support & Questions
Before contacting support:
- Check this guide
- Verify all settings
- Test on demo account
- Review the full manual
For support:
- Include screenshot
- Specify symbol and timeframe
- Describe exact issue
- Show your settings
🎓 Next Steps
Week 1: Demo trading only
- Take 10-20 trades
- Track results
- Learn the signals
Week 2: Small live trades
- Start with minimum lots
- Risk 0.5% per trade
- Build confidence
Week 3+: Normal trading
- Increase to 1-2% risk
- Follow strategy strictly
- Track performance
📊 Performance Tracking
Track These Metrics:
- Total trades taken
- Win rate (% winners)
- Average RR ratio
- Largest win/loss
- Profit factor
Goal:
- Win rate: 50-60%
- RR ratio: 1:1.5+
- Profit factor: >1.5
⚠️ Final Reminders
✅ DO:
- Test on demo first
- Use proper risk management
- Follow signals objectively
- Keep a trading journal
- Be patient
❌ DON'T:
- Skip the pre-trade checklist
- Risk more than 2%
- Trade during high-impact news
- Override the indicator
- Expect 100% win rate
🎯 Success Formula
1. Discipline → Follow rules every time 2. Risk Management → Never exceed 2% per trade 3. Patience → Wait for quality setups 4. Consistency → Trade the same way every time 5. Learning → Review and improve
Master these 5 → Consistent profits
You're now ready to trade! Start with demo, stay disciplined, and trust the process.
Good luck and happy trading! 📈
Questions? Review the full manual or contact support. Updates? Free lifetime updates included with purchase. Community? Join our trading community for tips and strategies.
