The PZ Supply Demand indicator analyzes past price action to anticipate buying and selling pressure within the market: it does so by looking back to the past and analyzing price peaks and valleys around the current price. It is a state-of-the-art confirmation indicator.
- Predict buying and selling pressure in the market
- Avoid getting caught in buying selling frenzies
- No settings and no optimization needed
- The indicator works in all timeframes
- Extremely easy to use
Potential supply and demand prices are those at which many market participants are likely to be holding their losing positions, hoping to liquidate them at break-even. Thus there’s massive activity at these price levels.
- Both supply and demand are quantified as numbers
- If supply is above demand, you can expect selling pressure
- If supply is below demand, you can expect buying pressure
- Look for shorts when supply is above demand
- Look for longs when supply is below demand
A brief introduction
Potential supply and demand prices are those at which many market participants are likely to be holding their losing positions, hoping to liquidate them within the future. Unwary longs are caught at price peaks and shorts are caught at price valleys.
The indicator analyzes past price action and displays what percentage peaks and valleys are often found around the current price, thus accurately predicting buying and selling pressure.
Placing your trades
The PZ Supply/Demand truly needs little explanation because it has been designed to be simple, all you have to do is following these simple rules.
You should look for longs if…
- Demand is above supply
- The current price is close to the demand line
You should look for shorts if…
- Supply is above demand
- The current price is close to the supply line
Although the indicator works for all timeframes, it’s recommended to verify every trade with a minimum of one higher timeframe. For example, if you’re getting to buy on the H4 timeframe, you need to check demand is above supply a minimum of on D1, W1 or MN1 charts.
Some trading examples
Some examples about how to use this indicator can be found below. Note that, for better results, more than one timeframe should be used.
- For More PZ Indicators And EAs Visit – HERE