EasySupplyDemand levels indicator: a ready strategy for bounce trading

EasySupplyDemand levels indicator uses the values of the volatility indicator ATR to plot zones on the price chart of the currency pair support и resistance.

In addition, the EasySupplyDemand indicator displays recommended trade entry levels based on the rebound from support and resistance zones, as well as stop-loss (red line) and take-profit (green line) order levels.

When you hover your cursor over a line, a tooltip appears explaining what kind of line it is. Note, to eliminate confusion, the lines are grouped and each group has its own number.

Of course, the EasySupplyDemand indicator can be used as a source of trading signals, but in this case erroneous entries are inevitable. We recommend to filter indicator signals with oscillatorsThe following are some examples of the most common types of data.

EasySupplyDemand levels indicator - is a very effective trading assistant, which is especially useful for beginner traders who do not have enough experience in identifying important technical levels and the correct setting of stop-loss and take-profit orders.

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