Supply Demand EA ProBot (Free Download)
Supply Demand EA ProBot is a versatile MetaTrader 4 Expert Advisor that automatically identifies and trades supply and demand zones with customizable risk parameters and multi-timeframe analysis capabilities. This all-in-one trading solution offers three operational modes (manual, semi-automatic, and fully automatic) through an intuitive trading panel, making it suitable for all experience levels and trading styles while providing real-time mobile alerts when trades are executed or closed.
Supply Demand EA ProBot is a comprehensive automated trading solution for MetaTrader 4 that utilizes supply and demand principles to identify potential trading opportunities. Developed by Georgios Kalomoiropoulos, this Expert Advisor offers unparalleled flexibility with 3 distinct trading modes: manual, semi-automatic, and fully automatic. What sets this EA apart is its user-friendly graphical trading panel that gives you complete control over your strategy while maintaining the option for full automation. The system is designed to work across all timeframes and currency pairs, making it suitable for day trading, swing trading, and scalping approaches.
How It Works
The Supply Demand EA ProBot operates by identifying key supply and demand zones – areas where price is likely to reverse based on historical buyer and seller activity. The system analyzes price action to find significant imbalances between supply and demand, then marks these areas as potential trading zones:
- Supply Zones are marked red
- Demand Zones are marked blue
What makes this EA unique is its flexibility in trading approaches:
- Manual Trading: You can place market or limit orders by clicking directly on zone labels displayed on the chart.
- Semi-Automatic Trading: The EA places trades automatically when price touches a zone, but only according to the direction (BUY or SELL) that you’ve selected on the Trading Panel.
- Fully Automatic Trading: The system autonomously decides whether to place buy or sell trades based on higher timeframe analysis and momentum indicators, requiring minimal intervention.
The EA also incorporates a Trading Panel that provides real-time information about market bias across different timeframes, helping you make more informed decisions about trade direction and place trades.
What makes this system particularly powerful is its multi-timeframe capability. Even when attached to a single timeframe chart, the EA can visualize and trade zones from up to three higher timeframes. For example, if you’re viewing a 30-minute chart, you can activate and see supply and demand zones from the 1-hour, 4-hour, and daily timeframes, giving you a complete market perspective.
Key Features
- Currency Compatibility: Works with any currency pair, index, CFD, or metal
- Timeframe Compatibility: Works well on any timeframe, from M1 to D1
- Multiple Trading Modes: Choose between manual trading (clicking on zone labels), semi-automatic trading (EA places trades when price touches zones, but only in directions you select), or fully automatic trading (EA decides direction based on market momentum)
- Multi-Timeframe Analysis: View and trade based on supply and demand zones from multiple timeframes at once
- Flexible Risk Management: Select between three money management options, with both risk-based and ATR-based take profit and stop loss ratios
- Trade Channel Filtering: Select to trade only within bullish or bearish channels, or set specific upper and lower price limits
- Time Range Filters: Place trades only during specific hours of the day
- Trading Styles Support: Suitable for day trading, swing trading, and scalping
- Minimum Deposit: Can start with as little as $100
- Real-Time Alerts: Receive notifications on your phone when trades are opened or closed
The download package of the product includes:
- Experts: Supply Demand EA ProBot_fix.ex4
- Indicators: Supply Demand indicator.ex4
- Templates: supply demand ea.tpl
- Developer’s Manual
- Installation Guide from forex-hacked.com
Conclusion
Supply Demand EA ProBot represents a significant advancement in automated trading technology by combining the power of supply and demand analysis with flexible automation options. Its standout feature is the balance it strikes between automation and trader control – you can let the system run completely on its own or maintain various levels of manual oversight.
Contact me: trent@trentbaxter.com
Excellent bot with low deposit requirements!
excellent tool!