Edward-Trader

Nirvana Supply Demand V1.0

This is an indicator of supply and demand ,It can provide the reference of supply and demand position for traders.
First of all, I need to explain the components of the indicators in detail.
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Components of supply and demand zone:
DBD:means Drop Base Drop
RBR:means Rally Base Rally
DBR:means Drop Base Rally
RBD:means Rally Base Drop
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Supply zone = DBD and RBD
Deamdn zone = RBR and DBR
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DBD = Sell
RBD = Sell
DBR = Buy
RBR = Buy
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Static K-line zone =Yellow
Dynamic Red K-line =Fall
Dynamic Green K-line = Bullish
Green + Yellow + Green Candle K = RBR = Demand = Buy
Green + Yellow + Red Candle K = RBD = Supply = Sell
Red + Yellow + Red Candle K = DBD = Supply = Sell
Red + Yellow + Green Candle K = DBR = Demand = Buy
Yellow + Red Candle K = Supply =Sell
Yellow + Green + Candle K = Demand Buy
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Only after closing can we know whether it constitutes a supply and demand zone
The upward trend only trades in the demand area
The downward trend trades only in the supply area
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How should we map the supply and demand area when choosing admission?
You can refer to this view
Here, three ways of admission in supply and demand area are introduced in detail.
☎ If you have any questions, please feel free to contact me. ☎ 🔚
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