Piphunterss wrote: Wed Oct 23, 2024 1:24 am Hi Guys I want to Understand the true Meaning of Support and Resistance / Supply Demand i know there are tons of indicators available plus trader can manually draw supply demand but as i traded more and more i felt these levels never hold in expansion hwhen market expand with trend , so Question is what is the true criteria of supply demand zones in Forex , other previous week day and month .

I agree with what was already written here.

My opinion is......I'll make it simple...TRH follows a certain code and SR levels are an integral part of it.
You don't use them for reversal, bay, sell, etc... but for CONFIRMATIONS (correct/incorrect - must be returned, etc.).. and sometimes also for exit trade. Of course you have to specify them correctly..

are SR an indicator? for me it is definitely YES, I make min. 20% of indicators and EA - of course modified. Traders don't like them very much in indicators because they don't know what nonsense it shows Precise nonsense
SR can be added to anything when you create a base.
For me it belongs in the Top 10. I'm on test PCs, but I'll try to find some examples here.
I found 4 ... here is a screen for understanding/not understanding SR.







Edit: It was too late yesterday - I didn't have time to explain..... so now I'll explain the logic of what the scribbles in the picture are doing... since it's a SR indicator, it will show us correct/incorrect trends and fulfilled/unfulfilled conditions and will also show Buy, Sell if the conditions are met, but it will not be used for that...the first, third and fourth indicators do not need to be explained, I think they only confirm the trend - correct, incorrect..... So for me it is - SR indicator at 100% and in the Top 10. This is how I use SR