Name: Shved Supply/Demand Indicator
SKU: 41466
Availability: InStock

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Within the realm of Forex, fluctuating prices are a consequence of the shifting balance between buyers and sellers. Nevertheless, the standard MT4 terminal lacks an indicator designed to pinpoint the areas where these critical shifts manifest.

The Shved Supply Demand Indicator presents itself as a complimentary instrument, conceived to automatically identify and graphically represent these pivotal points, empowering traders to recognize potential trading prospects.

1. An Overview of the Shved Supply & Demand Indicator

Supply and demand zones are essentially price brackets where substantial trading activity has previously occurred. These zones are pivotal due to the potential they offer in terms of repeated price interactions, thereby aiding in the identification of prospective trade entry points.

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Key Features:

This specific indicator pinpoints supply and demand levels based on pricing sectors that, historically, have stimulated notable price actions.

How Supply & Demand Zones Are Depicted

✔ Zone Dimensions:

The frequency with which a particular level has been assessed and respected directly corresponds to the magnitude of its representation on the visual chart.
The sustained interest from traders towards a particular supply or demand level contributes to its enhanced significance.

✔ On-Chart Information for Comprehension:

Every zone highlighted is paired with a brief explanatory caption, designed to facilitate a trader's grasp of its import.

✔ Recommended Timeframes for Use:

Consistent with the nature of a majority of Forex indicators, the Shved Supply & Demand Indicator is expected to deliver more dependable signals on higher-period timescales.
Lower timescales often present heightened market volatility, leading to reduced reliability of indicated levels.

✔ Significance of Evaluated Zones:

The more regularly a specific price level is subjected to testing, the greater its significance.
The frequent interactions of price with supply and demand zones substantiate their validity and potency.

By assimilating this particular indicator into a trader's established methodologies, precise identification of critical entry and exit levels becomes possible, leading to the reduction of market ambiguities and boosting the precision of trades.

2. Shved's Supply & Demand Indicator: Zone Categories

The Shved Supply & Demand Indicator distinguishes between five zone types, each exhibiting distinct levels of dependability and impact:

1. Weak Zone

🔹 Represents an unreliable zone where either excess demand nor supply isn't dominating the market.
🔹 Price movements are usually not significantly affected by these levels, which means that trading close to them carries more risks.
🔹 Traders should be wary when dealing with these zones, or refrain from trading altogether.

2. Untested Zone

🔹 A freshly generated zone that the price hasn't yet interacted with.
🔹 The price displayed a decisive move from the area, signaling some action, but there has been no revisit yet.
🔹 These zones possess the potential to become significant later, but confirmation is essential before considering them as entry or exit points.

3. Verified Zone

🔹 A tested level where the price has interacted at least twice with it.
🔹 These zones suggest areas with recurring trading interest and repeated activity.
🔹 The number of retests that have occurred is shown on the chart directly by the indicator; increased retests reflect a zone's power.

4. Proven Zone

🔹 A highly reliable zone that has been tested time and again.
🔹 These zones frequently provide significant turning points in market movements.
🔹 Trading activity frequently re-emerges nearby, even if the price pierces the level and prompts a trend reversal.

5. Turncoat Zone (Mirror Level)

🔹 A level that initially served as support or resistance, but then changed its function.
🔹 Initially the level works as a resistance or support, but it changes behavior because of alterations to supply and demand.
🔹 Once the price breaks through it, retesting from the other side frequently produces these levels becoming important entry points.

By differentiating these distinct supply and demand zones, the Shved Supply & Demand Indicator enables traders to make well-informed judgments concerning trade entry and exit timing and placement.

Employing the Shved Supply & Demand Indicator for Trend Reversal Identification

The image above presents a downtrend transitioning towards an uptrend. Let's dissect, step-by-step, how the Shved Supply & Demand Indicator pinpoints pivotal trading territories:

1️⃣ Initial Substantial Rally

🔹 A swift upward price movement emerges, propelled by heightened demand within the Forex trading community.
🔹 Following the rally's completion, the area is designated "Untested", signifying that the price has not yet revisited this specific level.

2️⃣ Confirmation of Zone Formation

🔹 When price subsequently re-enters the level, a second bullish wave transpires, strengthening the interest of buyers.
🔹 The zone is then elevated to "Verified," affirming that traders are indeed reacting to this specific price level.

3️⃣ Validation of Zone Reliability

🔹 A third upward thrust results in a new peak, thus signifying solid bullish momentum and augmenting the chances of an uptrend continuing.
🔹 After the generation of three rally waves, the level achieves "Proven" status, indicating it's a highly dependable demand zone.

4️⃣ Identifying Buy Opportunities

🔹 As the price retreats towards the demand zone, a new bullish advance gets underway.
🔹 At this stage, traders should begin searching for Buy entries, anticipating a continuance of the ongoing uptrend.

5️⃣ Implementation of Stop Loss Order

🔹 A conditional Stop Loss order should be positioned just beneath the identified demand zone, thus implementing crucial risk management protocols in case of any adverse reversal.

By adopting this systematic methodology, traders can adeptly leverage supply and demand zones to effectively identify trend reversals and confidently execute high-probability trades.

Trading in a Downtrend with the Shved Supply & Demand Indicator

This scenario examines trading within a downtrend, characterized by retracement rallies. The strategy for aligning with the existing trend mirrors approaches used when anticipating trend reversals. Here’s the procedure, dissected methodically:

1️⃣ Recognizing the Retracement Phase

🔹 Observe how the chart displays an upward price movement; this is purely a temporary retracement counter to the primary sell trend.
🔹 Understand this temporary surge isn't a reversal signal; instead, it reveals chances for re-entry into the overall downward trend.

2️⃣ The Initial Sell-Off Wave: Verifying Seller Authority

🔹 Notice the initial sell-off breaks beneath the most recent low, thereby solidifying strong selling pressure.
🔹 As the price revisits this area, Sell orders become favorable.

3️⃣ The Second Sell-Off Wave: Entering the Market

🔹 The second sell-off originates from a similar price level, which accentuates seller dominance.
🔹 This instance is ideal for implementing a Sell order at the current market rate, projecting the downtrend to endure.

4️⃣ Establishing a Stop-Loss Order

🔹 Put in place a pending Stop Loss order immediately above the critical resistance zone. Doing so mitigates possible risk if an unexpected price reversal transpires.

Bolstering Trading Precision with Complementary Instruments

The Shved Supply & Demand Indicator efficiently pinpoints high-interest zones for market traders; nevertheless, it yields greater results when combined with supplementary tools, such as:

✅ Price Action strategies (support/resistance validation, trendlines).
✅ Candlestick patterns (pin bars, engulfing patterns, etc.).
✅ Alternative technical indicators (moving averages, RSI, MACD for confirmation).

Final Remarks

The Shved Supply & Demand Indicator, regardless of your pre-established trading strategy, serves as an essential tool within any trading approach. Its ability to reveal key supply and demand thresholds provides a substantial boost to the chances of achieving profitable trend-following trades.