SDP Indicator

Highlights

📊 All Markets

💻 MetaTrader 4

🔓 Unlimited

🖍 Dynamic Levels

♻️ Assets: All

⏰ Timeframes: All

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Description

SDP Indicator, aka the Supply and Demand MT4 Indicator, is a technical analysis tool used in trading to identify potential trading opportunities based on the interaction between supply and demand in the market. SDP indicator helps traders visualize the levels where price moves are likely to occur, as well as the areas where the market participants might be interested in buying or selling.

In general, supply and demand zones are areas where the price has been rejected, meaning that the market participants are either not willing to buy at higher prices (supply) or sell at lower prices (demand). When the price reaches these areas, it can either continue to move in the direction it was previously moving, or it can reverse. The SDP indicator marks these areas on the chart, which can help traders identify potential trade entry or exit points.

It's important to note that the SDP Indicator is not a guarantee of future market behavior and is only one of the many tools that traders can use in their analysis. It's crucial to always use sound risk management practices and consider multiple factors and indicators before making any trading decisions.

Settings

Indicator in Action

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