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Hi. The main obstacle for multi timeframe traders or traders who use multiple indicators on multiple charts is when they want to do analysis on multiple pairs quickly. You can imagine if there are 3 or 10 charts that must be opened when you want to do analysis. and each chart has its own template. of course it will take a long time to replace one by one before analysis. how many opportunities are lost due to the time spent changing charts. or maybe when a mentor wants to explain to his students
trading is not a game. trading is business. and the main thing to consider in business is to limit losses. Stop Loss is the lowest price limit set to limit losses. When price movements touch this value, the system will automatically close the order or position.
For most traders, the decision to put this stop loss is an uncomfortable choice. Why? because that means they have received the loss. However, every trader has the right to decide for himself which trading model is the most suitable for
This indikator is used as a supporting indicator. its function is to find out the position of the price reflection position, but he cannot work alone, requires another set of indicators which will immediately be sold separately
The principle of Supply And Demand can be used as a forex trading analysis tool. One way to use it is to rely on the balance zone as zone stops Supply And Demand and the trading system applied, as well as the legal basis for general supply and demand.