Supply and demand indicator.

Sometimes an analysis of the supply and demand of a currency on Forex allows you to understand what the current situation is in the Forex market. It is quite difficult to obtain reliable data; a special indicator is usually used for this purpose.

The supply and demand indicator allows you to build a bid and ask channel and track how a change in trend affects the situation with the supply and demand of a currency.

After carrying out the analysis, sometimes you can draw completely unexpected conclusions, which allows you to use the identified patterns in your future work on Forex.

It is quite difficult to assess the practical usefulness of this tool, but perhaps some traders will find a worthy use for it.

The installation of the Forex indicator follows the standard procedure; after restarting the terminal, it is almost ready for work; all that remains is to add the desired currency pair to the chart.

The only thing is changing the color of the vertical lines, by default they are displayed in black, so if your terminal background is also black, the merge will occur. In my case, I changed the color to red. the Forex time frame for each , and sometimes duplicate this action.

After installation and changes are made on your working chart, you will notice that each candle has additional shadows.

I was unable to discover the logic behind their changes, but perhaps someone will be able to do it. Download the supply and demand indicator .