Forex buyers sellers indicator. This high-tech foreign exchange dashboard indicator for MetaTrader 4 evaluates buyers versus sellers in the current market. It can provide you a marvelous indication where the future currency price is shifting to, up or down. A green trend indicates buyers surpass the sellers, price shift up. A red trend.

Forex buyers sellers indicator

Mastering Buyers and Sellers in Forex

Forex buyers sellers indicator. Here you can download S-KG BUYERS vs SELLERS 1M-8D display. Source Code is from KG BUYERS_SELLER mtnmaven.com4 mtnmaven.com?t= Attached Image. I like this indicator, because it react very quickly on price change. So i was refined original indicator  Tick separate volume trading - coder needed @ Forex.

Forex buyers sellers indicator


Discussion in ' Forex Trading Software Arsenal. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Jul 13, Messages: If you have not read the thread " Important please read first! We are introducing our first very powerful indicator that shows the zones in the markets where based on statistics and market volatility strong accumulation of buying or selling market participants mostly occurs.

This indicator gives traders a significant advantage, because thanks to these zones traders can with increased accuracy predict where the market can do countermoves and reverse.

Below you can see how the indicator looks in a chart. The indicator is very easy to understand and use. It shows two main types of zones. The blue zone, where the strong accumulation of buyers occur, and then the red zone, where the strong accumulation of sellers occur. For clarity and better utilization of the zones it further subdivides the zones by force and number of buyers or sellers into four other subgroups: Very Strong Strong Medium Weak The description clearly shows that on very strong zones the reversal of the current market move will most likely happen.

On the other side in weak zones the probability of a countermove is the least. However, in all zones including the weak zone , there is indeed an increased chance that there will be a reverse in current market moves. This is because the strength of buyers blue zone and sellers red zone orders can stop the current market move and turn it into a countermovement.

We especially do not recommend using the indicator during strong fundamentals like NFP report, interest rates, speeches of important bankers etc. However, the main advantage with this indicator is an increased probability of noticing expected market moves. How to trade with the indicator? There are a lot of possible approaches to trading with the indicator. It is possible to use the indicator in any time-frame and any market that you would like to trade.

In essence, traders can wait until the market reaches the blue zones, wait for the market reaction and if the market will be reversing, open a long trade. Conversely, if the market will hit the red zones, then traders can wait for the market reaction, and if the market will be reversing then open a short trade.

With the indicator you can also very effectively set Stop-Losses. It is possible to simply set a Stop-Loss below the blue zones or above the red zones. This will ensure that the market will not hit your Stop-Loss too soon and that your Stop-Loss is set based on current market moves and volatility. Also, the indicator is very useful when setting Profit-Targets.

You can simply set Profit-Targets of sell trades above the blue zones or Profit-Targets of buy trades below the red zones. Settings of the indicator: The higher this number is set, the stronger and better zones will be displayed. In cases that within the number of candles the market comes back above a buyers zone or below a sellers zone, then the indicator keeps the original zone.

Frank Cornel , ruseneca , mrazak33 and 21 others like this. Buyers and sellers zones drawing optimization Stability improved Minor code changes You can download the latest version in the end of the first post above. You must log in or sign up to post here. Share This Page Tweet. FXTradingRevolution posted May 21, ElaineMDG posted Apr 12, Perses posted Jun 9, FXTradingRevolution Jul 8, Sive Morten Dec 1, at 5: Sive Morten Nov 24, Sive Morten Nov 17, Peter O Nov 11, Andrew Mitchem Nov 23, Andrew Mitchem Nov 7, Andrew Mitchem Nov 14, Fear Joeyherron , Sep 21, Tebogo Dec 5, at 8: Eclipse-finace documentation chasethem , Oct 10, Lexie Dec 5, at 8: Partially resolved Tooncastle , Jan 22, Andrew Mitchem Dec 5, at 6: TRUJohn Dec 5, at 4: Your name or email address: Do you already have an account?

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