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Supply and Demand Trading Zones (Miller Concept)

Pine Script base on the concept of frank miller
The Concept of Supply and Demand Trading
The specific trading strategy discussed in the Frank Miller book, "Supply and Demand Trading," is based on the fundamental economic principle:
Demand Zone: An area on a price chart where buyers are dominant and are likely to enter the market, causing the price to rise. Traders look to buy in this zone.
Supply Zone: An area on a price chart where sellers are dominant and are likely to enter the market, causing the price to fall. Traders look to sell in this zone.
The strategy involves identifying these "zones" to predict high-probability entry and exit points for a trade.
The Concept of Supply and Demand Trading
The specific trading strategy discussed in the Frank Miller book, "Supply and Demand Trading," is based on the fundamental economic principle:
Demand Zone: An area on a price chart where buyers are dominant and are likely to enter the market, causing the price to rise. Traders look to buy in this zone.
Supply Zone: An area on a price chart where sellers are dominant and are likely to enter the market, causing the price to fall. Traders look to sell in this zone.
The strategy involves identifying these "zones" to predict high-probability entry and exit points for a trade.
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免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。