Supply Demand Zones MT5 Trading Capital P
- Indicators
- Version: 1.0
- Activations: 10
Supply Demand Zones MT5 Trading Capital P draws the supply and demand zones that matter now: a base of small candles followed by a strong departure candle. Every zone follows a clear life cycle (fresh, tested, broken), only the zones nearest to the price are drawn, and nothing repaints.
Zones built on clear rules
- Departure candle: range of at least 1.5 ATR, strong body, and a close beyond the base. Base: 1 to 4 candles no larger than 1 ATR. All thresholds are inputs
- Demand: proximal line at the highest body of the base, distal line at the lowest low. Supply: the mirror image
- Pattern shown on each zone: RBR and DBR for demand, DBD and RBD for supply, plus the departure strength in ATRs
- Zones that are too thin or too wide are skipped, and a zone that overlaps an active zone of the same side is not drawn twice
No repainting, verified
- A zone is known when its departure candle closes, and its levels never move afterwards. Only closed candles touch or break a zone
- The engine was checked against an independent implementation on 30,000 H1 bars of XAUUSD, EURUSD, GBPUSD and USDJPY, with breaks by close and by wick: 7,037 zones and 960,000 nearest-zone values, 0 differences
Life cycle on the chart
- Fresh zones (never touched) are drawn strong, tested zones lighter with the number of touches, broken zones are removed (or kept faint if you want)
- Broken by a candle close beyond the distal line, or by a wick: your choice
- Only the zones nearest to the price are drawn (3 per side by default), so the chart stays clean
- Zones of a higher timeframe (H4 by default) drawn as outlined boxes on the same chart
Panel with first-test statistics
- Active zones per side and how many are fresh
- Nearest demand below and supply above: levels, distance in points and state; the same for the higher timeframe
- Status: price inside a demand zone, inside a supply zone, or between zones
- How often the FIRST test of a zone held on this chart: price moved 1 ATR away before the zone was broken. Measured on your symbol and timeframe, per side
Alerts and automation
- Alerts on closed candles: price enters a zone (only fresh zones, or every new visit), a zone is broken, a new zone forms. Pop-up, push, e-mail
- Four buffers for Expert Advisors: nearest demand proximal and distal, nearest supply proximal and distal, as of each closed bar
Light and tidy
- Recalculates once per new candle, not on every tick
- Movable, minimisable panel that remembers its position; every object is removed with the indicator
- Any symbol and timeframe: forex, gold, indices, crypto, stocks
Inputs
- Detection: departure size and body, base candles and size, zone height limits, break by close or wick, bars to analyse
- Display: zones per side, tested and broken zones, labels, colours
- Higher timeframe and its zones per side; panel corner and position; reaction size for the first-test statistic
- Alerts: enter (fresh only or every visit), break, new zone; pop-up, push, e-mail
The statistics describe past behaviour on your chart and are not a promise of future results. Part of the Trading Capital P family: Market Structure MT5, Structure Stop MT5, Power Bar MT5, Fair Value Gaps MT5 (free) and Trade Manager MT5.
