Accurate Supply and Demand Indicator V1.0 MT4

Introduction

Accurate Supply and Demand Indicator V1.0 MT4 is a technical analysis tool designed for the MetaTrader 4 platform. It automatically identifies and highlights potential supply (selling pressure) and demand (buying pressure) zones based on price imbalance and impulsive market movements. The indicator helps traders visualize institutional activity areas and improve trade planning using structured price action analysis.

Key Features

1. Automatic Supply Zone Detection
   Marks areas where strong selling pressure previously caused price to drop sharply.

2. Automatic Demand Zone Detection
   Identifies zones where aggressive buying pushed price upward.

3. Impulse-Based Calculation
   Detects zones based on strong price expansion rather than minor fluctuations.

4. Clear Visual Display
   Displays zones directly on the chart for easy interpretation.

5. Multi-Timeframe Compatibility
   Works on all timeframes from M15 to D1.

6. Customizable Sensitivity
   Allows adjustment of zone strength and detection filters.

7. Non-Repainting Structure
   Once confirmed, zones remain fixed on the chart.

8. Lightweight Performance
   Runs efficiently without slowing down MT4.

Recommended Settings

For balanced analysis:

• Use H1 or H4 timeframe for stronger zones
• Keep default sensitivity for beginners
• Reduce sensitivity if too many zones appear
• Combine higher timeframe bias with lower timeframe entries
• Use 1–2% risk per trade when trading zones

These settings help maintain clarity and structured decision-making.

Backtest Result

Since this is an indicator (not an automated EA), traditional backtesting does not apply. However, historical chart analysis shows that strong supply and demand zones often lead to:

• Price reactions
• Temporary reversals
• Break-and-retest setups

Effectiveness depends on confirmation methods and overall market conditions.

Advantages

1. Improves Entry Precision
   Helps traders wait for pullbacks into key zones.

2. Enhances Risk Management
   Provides logical stop-loss and target placement.

3. Simplifies Chart Analysis
   Focuses only on imbalance areas rather than multiple indicators.

4. Works With Any Strategy
   Can be combined with trend-following, breakout, or reversal strategies.

5. Multi-Timeframe Flexibility
   Suitable for scalping, intraday, and swing trading.

Disadvantages

1. No Automatic Trade Execution
   Requires manual confirmation and decision-making.

2. False Reactions Possible
   Not all zones will result in reversals.

3. Market Condition Sensitivity
   Strong trends may break zones without reaction.

4. Requires Price Action Knowledge
   Best results require understanding of market structure.

5. No Guaranteed Profit
   Like all technical tools, it does not eliminate risk.

Installation & Setup Guide

Step 1: Download the indicator file (.ex4 or .mq4).
Step 2: Open MetaTrader 4 and click File → Open Data Folder.
Step 3: Navigate to MQL4 → Indicators.
Step 4: Paste the indicator file into the Indicators folder.
Step 5: Restart MetaTrader 4.
Step 6: Open your preferred currency pair and timeframe.
Step 7: Drag the indicator from Navigator → Indicators onto the chart.
Step 8: Adjust input parameters according to your trading style.
Step 9: Begin analyzing supply and demand zones.

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.