Shved Supply Demand Indicator MT4 is a technical analysis tool designed to automatically identify and display critical supply and demand zones directly on your trading chart.
Shved Supply Demand Indicator MT4 Overview
The Shved Supply & Demand Indicator for MetaTrader 4 is a technical analysis tool designed to automatically identify and display critical supply and demand zones directly on your trading chart. These zones represent areas where buying or selling pressure historically caused significant price movement, helping traders anticipate potential support and resistance levels and improve their entry and exit decisions.
When applied to a chart, the indicator plots colored rectangles or highlighted regions that correspond to areas of market imbalance—where either demand (buyers) or supply (sellers) dominated price action. Traders often look to these zones for high-probability reversal or breakout opportunities: a demand zone may signal a potential buy area, while a supply zone may indicate a possible sell area as price reacts to these levels.
One of the key strengths of the Shved Supply & Demand Indicator is its ability to differentiate between different zone types based on market history, such as weak, untested, verified, and proven levels, which can help prioritize the most significant areas for trading decisions.
Because the indicator automatically detects and draws these levels, it saves traders time on manual analysis and reduces the subjectivity involved in identifying key market zones. It is especially useful in forex and other liquid markets where supply and demand imbalances play a major role in price movement, supporting a variety of trading strategies from trend trading to reversals.
