The Demand and Supply Diagram MT5 is a unique tool designed to enhance Forex trading success. It employs a simple yet effective market analysis method based on the balance of supply and demand. This tool can predict where the supply ends and the demand begins, as well as where the demand ends and the supply begins, thus significantly increasing the probability of making profitable trades.
Indicator Signals of Demand and Supply Diagram MT5
The diagram uses price/volume values to generate signals. These signals include excess demand (ED), excess supply (ES), no demand (ND) which is accompanied by a warning message โSell areaโ, and no supply (NS) which is accompanied by a warning message โBuy areaโ. The tool also monitors the sequence of these signals, determines the elasticity of demand/supply to the price, and provides a confirmation message โBuy pointโ or โSell pointโ.
Input Variables of the Diagram
The diagram comes with several input variables that allow for customization. These include Alerts, Advise, Labels, Viewing, Position, Average, Deviation, Signal, Reverse, ExcessValidate, ElasticityValidate, Profile, Timing, Volumes, TfShift, Correlation, LowLevelValue, LowestLevelValue, HighLevelValue, HighestLevelValue, PeriodForXX, DurationParts, StandardDeviations, ProfileMaxLengthPix, LeftShiftPix, WidthPix, and FontSize. Each of these variables has a specific function and can be adjusted according to the traderโs preference and strategy.
Operational Features
The Demand and Supply Diagram MT5 has several operational features that enhance its effectiveness. The presence of a โBuy pointโ / โSell pointโ is expressed by a text message and is also accompanied by a flashing of the relevant price tag. These two combinations together should be perceived as a valid presence of the signal. The full recalculation of the diagram is performed according to the Timing variable, and a signal is checked on every tick.
FAQ Section
What is the Demand and Supply Diagram MT5?
The Demand and Supply Diagram MT5 is a tool designed to enhance Forex trading success. It uses a simple and effective market analysis method based on the balance of supply and demand.
How does the diagram work?
The diagram uses price/volume values to generate signals. It also monitors the sequence of these signals and provides a confirmation message โBuy pointโ or โSell pointโ.
What are the input variables of the diagram?
The diagram comes with several input variables that allow for customization. These include Alerts, Advise, Labels, Viewing, Position, Average, Deviation, Signal, Reverse, ExcessValidate, ElasticityValidate, Profile, Timing, Volumes, TfShift, Correlation, LowLevelValue, LowestLevelValue, HighLevelValue, HighestLevelValue, PeriodForXX, DurationParts, StandardDeviations, ProfileMaxLengthPix, LeftShiftPix, WidthPix, and FontSize.
Where can I watch independent testing of this product?
Independent testing of this product can be watched on the forexroboteasy.com website. You can also subscribe to updates on the results of testing this product.
We invite readers to share their experience of using this product. This is an independent product review and the text is written in the third person. We hope this review will assist you in making an informed decision about the applicability of the Demand and Supply Diagram MT5 for your Forex trading strategies.
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