The supply and demand indicator is a type of indicator that is used to point out the points on the chart where the price direction moves towards the right side.
Supply and Demand Indicator
The forex traders use this indicator to get the help that at which point they should invest money. This indicator highlight the price action areas.
Working of Supply and Demand Indicator
This indicator works on the basis of supply and demand. This Supply and Demand Indicator tells the flow of price in the trading. In this Supply and Demand Indicator, there are two types of zones. The one zone is known as the supply zone and the second zone is known as the demand zone. There is a short detail about the supply and demand zones of the supply and demand indicator.
In the supply zone, the supply line crosses the demand line. It means that the price value downs. So simply it tells that the point on the chart highlights and tells that if the money will be invested then maybe it gives loss.
In the demand zone, the demand line crosses the supply line. It means that the price value became up. So simply it tells that the point on the chart highlights and tells that if the money will be invested then it can give a big profit.