
Description
Introduction
The Supply & Demand EA V1.0 MT5 is an automated trading system designed for the MetaTrader 5 platform. It is built around the core concept of supply and demand zones, which are key price levels where strong buying or selling activity occurs. The EA automatically identifies these zones and executes trades based on price reactions, helping traders follow a structured and disciplined trading approach without manual analysis.
Key Features
- Automatic Zone Detection: Identifies strong supply and demand zones without manual drawing.
- Smart Entry Logic: Executes trades only when price reacts to key zones.
- Multi-Timeframe Analysis: Uses higher timeframes for zone strength and lower timeframes for entry precision.
- Risk Management Tools: Includes stop loss, take profit, and drawdown protection.
- Trend Filtering: Avoids trades against strong market trends.
- Customizable Settings: Adjustable lot size, risk percentage, and trading parameters.
- Real-Time Monitoring: Continuously scans the market for trading opportunities.
- Backtesting Support: Allows performance testing using historical data.
Recommended Settings
- Lot Size: Use low risk such as 0.01 for small accounts or adjust based on capital.
- Risk Per Trade: 1% to 2% recommended for stable growth.
- Stop Loss / Take Profit: Maintain a risk-reward ratio of at least 1:2.
- Timeframe: Use H1 or H4 for better zone accuracy.
- Drawdown Limit: Set between 5%–10% to protect capital.
Backtest Result
Backtesting shows that the EA can deliver consistent performance when used with proper settings. It performs well in both trending and ranging markets, with improved accuracy when higher timeframes are used. Optimization can further enhance results depending on the trading environment and broker conditions.
Advantages
- Based on a reliable price action concept used by professional traders.
- Focuses on high-quality trades rather than frequent entries.
- Reduces emotional trading through automation.
- Saves time by eliminating manual analysis.
- Includes strong risk management features.
- Flexible and customizable for different trading styles.
- Works continuously without missing opportunities.
Disadvantages
- Market risk cannot be completely eliminated.
- Requires proper configuration for optimal performance.
- Dependent on stable internet and platform operation.
- Performance may vary based on broker conditions.
- Needs occasional monitoring and adjustments.
- Beginners may need time to understand supply and demand concepts.
Installation & Setup Guide
- Download the EA file from a trusted source.
- Install MetaTrader 5 if not already installed.
- Open MT5 and go to File > Open Data Folder.
- Navigate to MQL5 > Experts folder.
- Paste the EA file into the Experts folder.
- Restart the MT5 platform.
- Enable Auto-Trading from the toolbar.
- Drag the EA onto your desired chart.
- Configure settings such as lot size, risk, and stop loss.
- Click OK to activate and start trading.
Support & Disclaimer
Support
If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:
WhatsApp: Click here
Telegram Group: Join our community
Disclaimer:
Forex and gold trading involve risk. Past performance doesn't guarantee future results. Always test robots on demo before live trading and use proper risk management.
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