Box Breakout Trading with Supply and Demand Zone
Ace Supply Demand Zone comes with non repainting supply demand zone detection with many powerful advanced features. Non repainting supply and demand zone is handy for your trading because you do not lose your signal.
One additional trading tactics with our non repainting supply demand zone is box trading for breakout. When the supply and demand zone are adjacent and paired to form a box. This is great opportunity for breakout.
The condition for box trading for breakout is that we need a pair of demand zone and supply zone in adjacent as shown in the screenshot.
How to trade with it ? It is very similar to Sideways market trading. You will take the entry when the price try to move outside the box.
When you perform this sort of box trading, it is much more convenient to use our Ace Supply Demand Zone indicator. With repainting supply demand zone, this type of box trading is probably more difficult.