Supply Demand levels MT4

This indicator draws supply and demand zones on the chart. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. Please also check out the paid version which offers much more. My recommendation is to look for trading opportunities where the first zone test occurs after at least 25 bars.

Features

  • The zones have 3 colors (adjustable by input). Dark color for untested zone, medium for tested zone and light for broken zone.
  • The price of the zone outer border as well as the amount of zone test are written at each zone.

Input parameters

  • Max. back bars to search for first extremum - Default is 3000. Will search for the first extremum xx bars back in time. The higher the value the more system resources will be needed. For slower computers a value of 500-1000 can be more suitable.
  • Min. amount of candles between zone tests
  • Untested demand color
  • Tested demand color
  • Broken demand color
  • Untested supply color
  • Tested supply color
  • Broken supply color
  • Text color
  • Font size for number of tests label
  • Size for price labels [1-3]
  • Fill rectangles
  • Rectangle border thickness
    •


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Specials Discount now. The Next Generation Forex Trading Tool. Dynamic Forex28 Navigator is the evolution of our long-time, popular indicators, combining the power of three into one: Advanced Currency Strength28 Indicator (695 reviews) + Advanced Currency IMPULSE with ALERT (520 reviews) + CS28 Combo Signals (recent Bonus) Details about the indicator  https://www.mql5.com/en/blogs/post/758844 What Does The Next-Generation Strength Indicator Offer? Everything you loved about the originals, now
Advanced Currency Strength28 Indicator
Bernhard Schweigert
4.91 (659)
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Trading Special –40% OFF Best Solution for any Newbie or Expert Trader! This Indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With only ONE chart you can read Currency Strength for 28 Forex pairs! Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity? User manual: click here That's the first one, the original! Don't buy a
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