Shved Supply and Demand Indicator
The Shved Supply and Demand Indicator is designed to identify key supply and demand levels on a price chart, aiding traders in determining where prices might reverse or consolidate. To trade using this indicator, first, you should identify the demand zones (areas where buying interest may increase) and supply zones (areas where selling interest may rise) marked by the indicator. Look for price action signals, such as reversals or breakouts, at these zones to time your entries. For risk management, consider placing stop-loss orders just outside the identified zones and aim for a risk-reward ratio that aligns with your trading strategy. Always combine this indicator with other analyses, like price action or fundamental factors, to enhance trading decisions.