" Is Supply and Demand Indicator Considered as a Best Price Action Indicator"

Is the Supply and Demand indicator considered the best?
Yes
No
Depends on strategy
What's the main idea behind Supply and Demand indicator?
Use moving averages
Apply Fibonacci levels
Spot potential reversals
Why might traders prefer this indicators?
Better for specific strategies
Clearer entry/exit signals
Subjective and varied results
When is Supply and Demand indicator most effective?
Strong trending markets
All market types
Sideways markets
Limitations of relying only on Supply and Demand indicator?
False signals possible
Hard to pinpoint levels
Ignores fundamentals
How to enhance effectiveness of Supply and Demand indicator?
Combine with other indicators
Use it exclusively
Avoid in trending markets
Role of historical data in Supply and Demand indicator?
Identifying recurring levels
Calculating moving averages
Not relevant
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