Here’s another fantastic forex indicator. It is known as Supply and Demand Zones. It is similar to the concept of pivots but this might be slightly more accurate and easy to use. The Buy and Sell zones are highlighted for you. We have done lots of testing on support/resistance levels and they are an excellent way to enter markets. A wonderful indicator.
Buy signal: Look for buy signals at the demand zone (Maroon color).
Sell signal: Look to sell signals at the supply zone (DarkBlue color).
Currency pairs: any
Preferred Time frames: any
Trading Ideas (click the picture to enlarge)
Configurable Indicator Options
Colors (supply and demand zone),…
EUR/USD 1H Chart Example
Source : ForexLeaks.info