Supply and Demand Metatrader Forex levels objects copier
9th February 2014
Real time forward testing forex supply and demand imbalances for high odds trades
17th February 2014

Dear fellow traders,

I have the pleasure to communicate you that version 12 of Rectangle Reader supply and demand rectangle extender indicator for Metatrader 4 has just been released. It supports latest Metatrader 4 Builds 600 and higher, you just need to copy it to the right folder (folder structure changed, copy it to MQL4/Indicators).

Some of the new features are:

  • It will show a 50% line of the curve for Monthly, Weekly and Daily timeframes, you choose which one you want to display
  • It shows freshness of the higher timeframe levels on the upper right corner next to the curve percentages
  • It calculates the risk to be taken on each supply and demand zone based on percentage risk parameter, spread, padding pips and wiggle room pips. By doing so, you will be able to plan your supply and demand limit orders faster since the lots calculation together with wiggle room and padding will be done for you automatically on each supply and demand level

The new indicator is only available for now to subscibers of Set and Forget Supply and Demand Trading Community

This video shows in more detail the new features added to version 12 of the Rectangle Reader supply and demand rectangle extender indicator for Metatrader 4:

If you want to download the Rectangle Reader Extender indicator for Supply and Demand get it from here: RectangleReader

Happy trading to you all!

Alfonso Moreno
Alfonso Moreno
Full time trader, expert technical analyst and founder of Set and Forget supply and demand online trading community. Traveler, photographer and adventurer.

7 Comments

  1. What I write is enough. The video explains how one of my indicators work, needed for others to understand how it works. I am not wasting my time or “intelligence”, I am helping others understand how the the indicator works. Giving us something informative to read? There are hundreds of posts in the blog, eBook, etc? What do you want me to do? Write a Bible? 🙂 If that’s not enough, then you should look for information somewhere else because you are insatiable.

  2. nayan says:

    where can i get the rectangle reader indicator for pine editor….. can you help

  3. ammarqadah says:

    where can i get the rectangle reader indicator for mt4

  4. Edward Thobela says:

    how do i download the rectangle extender after subscribing
    please assist

Leave a Reply

Your email address will not be published. Required fields are marked *

     
 

Disclaimer: Any Advice or information on this website is General Advice Only - It does not take into account your personal circumstances, please do not trade or invest based solely on this information. By viewing any material or using the information within this site you agree that this is general education material and you will not hold any person or entity responsible for loss or damages resulting from the content or general advice provided here by Set and Forget, its employees, or fellow members. Futures, options, and spot currency and stocks trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the Forex and futures markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell spot Forex, cfd's, stocks or other financial products. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed in any material on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.

High Risk Warning: Forex, Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work against you as well as for you. You must be aware of the risks of investing in Forex, futures, and options and be willing to accept them in order to trade in these markets. Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with borrowed money or money you cannot afford to lose. Any opinions, news, research, analysis, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. Please remember that the past performance of any trading system or methodology is not necessarily indicative of future results.