Best Supply and Demand Indicator Review [2023]

Looking for a supply and demand indicator that makes trading a little easier for you?

I may have found just the one for you.

This powerful tool is designed to help traders spot potential price reversal zones with ease, and it’s packed with features that make it a must-have for any serious trader.

In this review, I’ll share with you what I’ve learned and if it could help or hinder the average trader when it comes to trading supply and demand.

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Best Supply and Demand Indicator Review

There are a lot of trading indicators out there. Some good. Some Bad.

So in this review, I think I have found one that would suit your needs when it comes to an indicator that ticks most boxes.

The only box it doesn’t tick is that it is not free – but like most things in life – you get what you pay for and trust me.

Some of the free indicators actually cost you more money in false signals, than simply flipping a coin.

The indicator we are reviewing today is ForexBee’s Supply and Demand Indicator. Below is a quick summary of what to expect, but if you are interested in learning the finer details – keep reading below the summary.

You may have read a lot about the service offered by forex mentor pro, so if you have, or you just want a quick highlight of the service, here is a quick overview for you. (You can read more in-depth about the service below).

Pros

Simplifies the process of identifying key levels

Works with a wide range of currency pairs

A real-time alert system can make finding opportunities throughout the day easier

Cons

May require additional education on supply and demand

May not be suitable for all trading styles

Indicator signals may be less reliable in certain markets

What is Supply and Demand Indicator?

The purpose of this indicator is to identify situations where a market exchange is flooded with an excessive amount of one type of order, whether it’s a buy, sell, or limit order, and there aren’t enough opposing orders to balance things out. This imbalance can cause prices to rapidly shoot up or down, leaving traders with unfilled orders. The indicator is designed to help traders spot these imbalances and make informed decisions to avoid unfilled orders.

The ForexBee Supply and Demand Indicator is a trading tool designed to help traders identify key levels of supply and demand in the market.

It uses a unique algorithm to analyze price data and determine where buyers and sellers are most likely to enter or exit the market.

The indicator is designed to work with the popular TradingView platform and is compatible with a wide range of currency pairs and timeframes.

Here it is in action:

Who is the Supply and Demand Indicator for?

The ForexBee Supply and Demand Indicator are designed for forex traders of all levels, from beginners to advanced traders.

If you’re looking for a trading tool that can help you identify key levels in the market and make better trading decisions, this indicator may be worth considering.

Many traders struggle to identify key levels in the market and make accurate trading decisions based on supply and demand.

That’s where the ForexBee Supply and Demand Indicator comes in – it takes the guesswork out of identifying these levels and makes it easier for traders to make informed decisions.

If you’re new to supply and demand trading or find it difficult to identify key levels, this indicator could be a game-changer for you.

Why should Traders try this Supply and Demand Indicator?

1. Identify HIGH Probability Supply & Demand Zones: This indicator has the ability to identify high-probability supply and demand zones, which is essential for making informed trading decisions based on objective data.
2. Subjective Analysis Based on Higher Timeframe: The indicator uses subjective analysis based on a higher timeframe, which ensures that you are getting a more accurate picture of the market trends. This means you can trade with more confidence and reduce the risk of making poor trading decisions.
3. Pinpoint entries, High-risk reward & Low drawdown trade setups: The indicator can pinpoint entries, high-risk reward, and low drawdown trade setups. This is crucial for traders who are looking to maximize their profits while minimizing their losses.
4. Timely Alert System for Potential Trade Opportunity: The indicator has a timely alert system that notifies you of potential trade opportunities. This feature saves you time and effort in monitoring the market, as the indicator does the work for you.
5. Breakaway from traditional lagging indicators that can give false signals: This indicator breaks away from traditional lagging indicators that can give false signals, providing you with more reliable data to base your trades on.
6. Take back your time by using the indicator to alert you for high-probability opportunities: By using the indicator to alert you for high-probability opportunities, you can take back your time and focus on other important aspects of trading.

What do you Get with the Indicator?

With most indicators I found on the internet when looking for something to help new traders ease into the forex game, they primarily come with just the indicator and basic support.

Well with this supply and demand indicator, you get the following:

Supply and Demand Indicator for TradingView – this is the main product that will highlight supply and demand zones for you.

BONUS #1: Psychological Indicator for TradingView – this is a brand new feature that is an indicator to highlight a confident area to take profit from your open trades, therefore potentially holding on for more profits.

BONUS #2: Video Guide Bundle – The video bundle includes comprehensive guidance on how to effectively use the supply and demand indicator to enhance your trading performance.

BONUS #3: Ultimate PDF Guide – Designed to walk you through the basics of supply and demand, including what to look out for and which timeframes to use.

BONUS #4: Active Facebook Community – Access to the premium community of traders to share and learn from.

Pros and Cons of Using a Supply and Demand Indicator

Pros

Simplifies the process of identifying key levels

Works with a wide range of currency pairs

A real-time alert system can make finding opportunities throughout the day easier

Cons

May require additional education on supply and demand

May not be suitable for all trading styles

Indicator signals may be less reliable in certain markets

The Price

The current price is $79 per month. This includes all of the additional features mentioned above and lifetime updates as a member.

However, currently, if you go through the link below it’s only $49 per month (saving you $30 per month).

Plus, you have a 60-day money-back guarantee – so if you are looking for a premium supply and demand indicator then it might be worth a try.

Is This Supply and Demand Indicator For You?

Okay, so here is one thing I would say.

An indicator should never replace a trader’s intuition or eyes. I think it is valuable to learn how to trade supply and demand zones properly and pair up with price action.

However, life isn’t just as simple as that. Not everyone can find it easy, which is why sometimes an indicator could potentially help out.

That is why I have found this one that could help most of you that want to take advantage of supply and demand zones, instead of learning about them.

Personally, if you are serious about trading and want something that could make life easier. There is no harm in trying out this indicator.

For the price of 5 days’ worth of Starbucks, you could get access to a tool that could flip a switch in your trading brain, helping you potentially grow your account.

Yet, the worst case is you don’t love it, or it doesn’t work for you.

Then you can simply cancel and get your money back.

Overall, I think it would be worth a punt if you are serious and looking for a solution to “automate” or make trading “easier”.

I’d HIGHLY recommend using the tool on a demo to get used to it first before putting any real money on the signals.

You can learn a lot more about the product below, this link has the current price of $49 and a 60-day money-back guarantee (compared to the $79 offered elsewhere).