Intraday Supply and Demand
- Indicators
- Version: 1.0
Intraday Supply & Demand
Free Supply and Demand Zone Indicator for MetaTrader 5
Intraday Supply & Demand automatically identifies potential Supply and Demand zones using confirmed price pivots and ATR-based price movements.
The indicator helps traders visualize important price areas and track how many times each zone has been retested after confirmation.
Key Features
- Demand Zones (Green): Potential buying support areas.
- Supply Zones (Red): Potential selling resistance areas.
- Touch Counter: Displays D0, D1, D2 or S0, S1, S2 to indicate distinct retests after confirmation.
- Fresh Zones: D0 and S0 identify confirmed zones that have not yet been retested.
- Flip Zones (Gray): Highlights zones whose role has changed following a confirmed price break.
- Overlap Detection: Identifies overlapping Supply and Demand areas.
- Customizable Parameters: Adjust pivot sensitivity, ATR thresholds, zone colors and display limits.
- Clean Chart Display: Shows a configurable number of relevant zones.
- Historical Audit: Optionally displays invalidated historical zones for visual review.
Understanding the Zone Labels
D0 — Confirmed Demand zone with zero subsequent retests.
D2 — Confirmed Demand zone with two distinct subsequent retests.
S1 — Confirmed Supply zone with one subsequent retest.
Flip 1 — Zone with one retest after a confirmed change of role.
Consecutive candles within the same zone visit count as one retest.
Timeframes and Instruments
Designed primarily for intraday trading on M1, M5 and M15, with configurable support for other timeframes and trading instruments.
Important Information
The indicator uses closed candles to confirm zone formation and retests. Zones become available only after confirmation.
This is a technical analysis tool, not an Expert Advisor. It does not execute trades, calculate TP/SL or generate automatic BUY/SELL entry signals.
Supply and Demand zones do not guarantee future price reactions.
Intraday Supply & Demand — Free Edition v1.00
Developed by Răzvan Pricop | ISD
