Kagi Demand Supply Line

Summary of the use of the "Kagi Demand Supply Line" indicator
This indicator is a tool to help analyze market trends, using the Ichimoku Cloud and Demand-Supply Zones to identify support and resistance levels and generate buy/sell signals. Its main functions are as follows:

Ichimoku Line (Conversion Line & Base Line)

Used to view short-medium-term price trends
If the Conversion Line (blue line) cuts up the Base Line (red line) → gives a BUY signal
If the Conversion Line cuts down the Base Line → gives a SELL signal
Demand-Supply Zone

Demand Zone (Support) → The highest price in the last 20 bars (green)
Supply Zone (Resistance) → The lowest price in the last 20 bars (purple)
Used to identify zones with a lot of buying/selling power
Buy/Sell Signal

BUY → Shows a green up arrow below the candlestick
SELL → Shows a red down arrow above the candlestick
Usage
✅ Used to view support-resistance levels through Demand-Supply Zone
✅ Use Ichimoku lines to help identify trends
✅ Use Buy/Sell signals to help decide to enter trades

Suitable for traders who want to analyze trends and important trading zones 🚀

🔹 In conclusion, this indicator is better than general support and resistance channels because...
✅ Provides more accurate support and resistance with Demand-Supply Zone
✅ Reduces false signals and helps confirm trends with Ichimoku
✅ Has clear Buy/Sell signals without using multiple indicators
✅ Can be used in all market conditions, whether it is uptrend, downtrend or sideways
✅ Easier to use, no need to analyze multiple indicators

💡 This indicator helps you trade efficiently and make better decisions! 🚀

This indicator works on
#crypto #forex #gold and all assets.