FREE DOWNLOAD – Auto StochTrend Supply-Demand Forex Trading Strategy & System. Today we will discuss supply and demand trading strategy in Forex.
We will learn how to use auto supply and demand levels and how to apply the levels within a comprehensive trading strategy.
- Time Frame: H4 or higher
- Financial Markets: any
The supply and demand concept is a core component of economic theory.
The Supply and Demand rule states that if the supply of a commodity is high and the demand is low, this generates excess which drives the price down.
And conversely, if the supply of a commodity is low and the demand is high, this creates scarcity, pushing the price higher.
The rule is pretty easy to understand and it could be applied to anything, which falls in the group of tradable resources.
- S-StochTrend
- Auto Supply Demand
- NonLagMA
- Relative Strength Index
- Download “ForexWOT.Com-AutoStochTrendSupplyDemand” (Zip/RAR File).
- Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
- Copy the “ForexWOT.Com-AutoStochTrendSupplyDemand.tpl” file (template) to your Metatrader Directory …/templates /
- Start or restart your Metatrader Client.
- Select Chart and Timeframe where you want to test your forex system.
- Right-click on your trading chart and hover on “Template”.
- Move right to select “ForexWOT.Com-AutoStochTrendSupplyDemand” trading system and strategy
- You will see “Auto StochTrend Supply-Demand Forex Trading System” is available on your Chart
- S-StochTrend: Bullish
- Auto Supply Demand: Price reaches a demand zone level and bounces upwards
- NonLagMA: Blue line
- Relative Strength Index: Upward and above level 55
- S-StochTrend: Bearish
- Auto Supply Demand: Price reaches a supply zone level and bounces downwards
- NonLagMA: Red line
- Relative Strength Index: Downward and below level 45
- To trade supply and demand methodology in Forex you should:
- BUY when the price bounces upwards from a demand area. (Place a stop loss below the zone).
- SELL when the price bounces downwards from a supply area. (Place a stop above the zone).
- Hold your trade at least until the price action reaches an opposite level on the chart or use price action rules to manage the trade.
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I want this system pls.