Supply and Demand
Welcome to the Pipnotic Supply and Demand (SD) project page where you will find all you need to know about the supply and demand software.
How it works
The supply and demand indicator scans the data-feeds and looks for liquidity distribution patterns that denote large buying and sell, on multiple time-frames at the same time. The result of the analysis is displayed on your chart so you can easily see what to do.
The supply and demand algorithm scans the currently active chart, and looks for liquidity distribution patterns that meet the requirements defined in the configuration.
Visualization of zones
Once the algorithm has identified price patterns that meet the configuration requirements it draws visual objects onto the chart so you can see where your entry, stop and target should be placed.
According to the algorithm execution interval, the supply and demand software will rescan the data-feed when new price data is received, and add, remove or modify any visual objects as required.
Frequently Asked Questions
Here are some of the most common questions and answers people have in relation to the Pipnotic supply and demand indicator.
What is the win percentage?
This depends on how the software is used and how the trades are managed. Looking at the data (historical zones) there is about a 70% win rate with a risk reward of 1-to-1. As the targets are moved further away from the entry the win rate goes down, but the winners are much bigger, leaving good results.
What are the best settings?
We have defined a default configuration, which works well for most assets. We recommend that you experiment for yourself, as this will get you well acquainted will the software, how it works and the different configurations.
Does Pipnotic software work on Mac?
There are some issues getting our indicators to work on a Mac, as they are slightly more complex than normal indicators and Experts. As a result, we recommend that you use a Windows PC or rent a VPS on which to host our software, which is what all of our Mac users are doing.
Does it work on MT5?
No. All software currently only works on MT4. I am currently rewriting my entire software offering in Python, which will eventually result in everything running in the browser. No client software will be requuired.
What are the best time-frames?
Based on thousands of trades, the data tells us that the larger time-frames work best, the weekly being very good. The supply and demand software works on time-frames as low as the one minute, but it will require that you manage the trades a little more actively due to the volatility on such time-frames. .
The software works good with most assets but assets with a high degree of sensitivity at identified zones does exist. We find that it works well with Forex, cryptocurrencies and commodities, but it can be used with a high degree of efficiency on just about anything.
How many licences do I have?
Each user is issued 4 licences when they sign up. This means that the software can be used on 4 different accounts. If the software is run on a 5th account, all instances will stop working, and you will have to request a licence reset via e-mail.
Can I use it with BASZ?
Yes. The Pipnotic supply and demand and BASZ software are based on the same algorithm and work well together. As BASZ isn’t sold separately, signing up for a 12-month subscription will grant you access to BASZ, for FREE.
Supply and demand settings
The table below is a reference for all of the settings available for the supply and demand indicator.
|Keys||Section containing product and private keys|
|Product||Monthly product key. This value changes on the first day of each month so please remember to get the value from your downloads.|
|Private||Private key that was sent to you via the welcome email that you received when you signed up at Pipnotic. It looks something like this: yourname_b8e612da873e65e7c62ba63d. This key can be used to activate 4 MT4 accounts (live and demo).|
|Performance||Section containing performance settings|
|AlgoExecutionInterval||The software executes at the interval specified here in seconds. This setting is used to limit the frequency that the engine runs to increase performance.|
|Dashboard||Section containing dashboard settings|
|EnableDashboard||Enable or disable|
|DashboardPosition||Position of the dashboard. It can be positioned on any corner of the chart.|
|Alerts||Section containing alert settings|
|EnableAlarms||Enable or disable|
|SDAlarmCount||Alerts will sound the number of times speficied here. Added to prevent them alerts from sounding non stop.|
|Psychological||Section containing psychological level settings|
|EnablePsychologicalLevels||Enable or disable|
|PsychologicalLevelCount||Maximum number of lines drawn above and below the psychological level closest to current price.|
|PsychologicalLevelWidth||Line width of the line drawn on the chart|
|SD||Section containing supply & Demand settings|
|EnableAutomatedSupplyAndDemand||Enable or disable|
|RiskToRewardRatio||How far price must travel away from a zone in order to be qualified|
|PriceImbalanceReleasePeriod||How quickly price must travel away from a zone in order to be qualified|
|MaxAccDist||Maximum number of periods of accumulation/distribution located within a zone. Many periods reduce liquidity in the given zone|
|MaxAgeInPeriods||This value specifies the maximum age of zones. A study I did discovered that zones with a maximum age of 20 work 80% of the time.|
|GreaterPeriodMultipliers||Multiple timeframe zones displayed on the current chart|
|SupplyAndDemandLineWidth||Line width of the object drawn on the chart|
|ManualBarCount||Used for back-testing. Big values display more zones.|
|ShowConsumedSupplyAndDemand||Display zones that have been removed|
|TestedSupplyAndDemand||Line style for tested zones|
|ConsumedSupplyAndDemand||Line style for consumed zones|
|StaleSupplyAndDemand||Line style for old zones|
|HighLiquiditySettings||Section containing high Liquidity settings|
|EnableHighLiquidity||Enable or disable|
|HighLiquidityOpen||High liquidity open hour (relative to terminal server time)|
|HighLiquidityClose||High liquidity close hour (relative to terminal server time)|
|Trendlines||Section containing trendline settings|
|EnableManualTrendlineManagement||Enable or disable|
|EnableTrendlineExtension||Extend or cut trendline|
|SwingSignificance||Trendline point significance|
|TrendlineLineWidth||Line width of the object drawn on the chart|
|Rectangles||Section containing rectangle settings|
|EnableRectangleManagement||Enable or disable|
|FillRectangle||Fill rectangle with solid colour|
|RectangleBorderWidth||Rectangle border width|
|ExtraCapital||Extra money available for positions but not in the trading account. Leverage is typically used when extra capital is allocated to positions|
|Risk||Max risk per trade. 1.0 = 1%|
|CandlePatterns||Candle Pattern settings|
|EnableAccumulationBars||Enable or disable|
|EnablePriceImbalanceBars||Enable or disable|
|EnableFlipBars||Enable or disable|
|Boxing||Section containing boxing settings|
|EnableBoxing||Enable or disable|
|BuySideColour||Buy side colour|
|SellSideColour||Sell side colour|
|Appearance||Section containing appearance settings|
|DashboardTextColour||Dashboard text colour|
|SDDefaultColour||Default object colour|
|MN1||Monthly object colour|
|W1||Weekly object colour|
|D1||Daily object colour|
|H4||4-hour object colour|
|H1||1-hour object colour|
|M30||30-minute object colour|
|M15||15-minute object colour|
|M5||5-minute object colour|
|M1||1-minute object colour|
|Default||Error default colour|
The Pipnotic supply and demand software is probably one of the most accurate buy and sell zone software packages available, and is used by professional and retail traders from all over the world.
Due to the flexible nature of the algorithm, it can be used to trade anything your MT4 broker has a price feed for, including Forex, stocks, cryptocurrencies, futures, commodities and more. Simply drag it onto the chart you wish to analyse, and after a few seconds the software will begin drawing supply and demand zones directly onto the chart.
"The Pipnotic software has been an invaluable addition to my trading approach. The clearly defined supply and demand levels help me refine my entries and minimise my risk substantially. Whether I am scanning the market for longer term trading opportunities, or looking for shorter-term trades while my longer term thesis is unfolding, the visual nature of the indicator allows me to quickly scan multiple pairs on a multitude of time frames, increasing the likelihood of finding many trades that I would otherwise be unaware of."
– Jason S.