Nas100setup

NAS100 Doji Dual Supertrend is a non-trading chart indicator for MetaTrader 5. It combines a configurable moving average with two Supertrend calculations: one applied to Low and one applied to High. By default, both Supertrends use an ATR period of 240 and a factor of 4.8, while the moving average uses period 60 and the Open price.

The indicator identifies confirmed Doji and Spinning Top candles and draws demand or supply wick zones according to the direction of the previous Low Supertrend. When a new zone overlaps an older zone, the newer zone is kept. A zone is removed when a candle closes beyond its invalidation boundary; no grey or silver zone is created.

Optional chart features include BOS/CHoCH swing breaks with midpoint levels, a candle countdown, and upcoming medium- and high-impact US and Euro Area calendar events. Colors, calculations, zone display, and calendar settings can be adjusted. The indicator does not place or manage trades.

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This indicator is based on the logic of accumulation, manipulation, and liquidity in the European and US markets. It monitors the first hour of trading and displays an entry zone—specifically the high, the low, and the 50% mark of the candle body. The zone and line are removed after two touches, as they are no longer valid. It helps me determine the technical trend direction and potential reversals. I use it in combination with my other indicator and a supply and demand level indicator.
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