22# Supply and Demand MT5 Forex Strategy

Submit by Dimitri

Supply and Demand MT5 Forex Strategy is the King of price action trading system. The principle is simple: the indicator tells us the support and resistance levels on the chart and whether these levels have been tested and verified. This is how key levels are determined.

Setup strategy
Price Action strategy
Time frames30 min or higher
currency pairs:any
Best time frame Daily and 240 min.
Metatrader 5 Indicators
Supply and Demand
HMA 15 periods (TF daily), 18-20 peiods TF 240.
Stochastic Trend (optional Filter)
Symbol Changer
Trading Rules
Identify the key levels on the chart.
Buy
Identify key support level.
When the price bounces off the support, wait for the HMA to give a buy signal that has become light blue. (Can also use Stochastic Trend for filter)
Sell
Identify key resistance level.
When the price bounces off the resistance, wait for the HMA to give a sell signal by turning red. (Can also use Stochastic Trend for filter).
Exit position
Place the stop loss below/above the support/resistance line.
Porfit Target minimum ratio 1:1.1 stop loss.