• Overview
  • Reviews (8)
  • Comments (51)
  • What's new

Advanced Supply Demand

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 this update, you will be able to show double timeframe zones. You will not only be able to show a higher TF but to show both, the chart TF, PLUS the higher TF: SHOWING NESTED ZONES. All Supply Demand traders will love it. :)

Imagine how your trading will improve because you are able to pinpoint the exact trigger point of entry or target? Built on new underlying algorithms it makes it even easier to identify potential imbalances between buyers and sellers. This is because it graphically shows the strongest supply and demand zones and how it performed in the past (showing old zones). These features were designed to help make it easier for you to find the best entry zones and levels.

Now you can optimize and edit the zone strength for your symbol and timeframe!

Advanced Supply Demand Indicator works on all products and timeframes. It is a new formula, and the very new features are two zone strength functions adjustable by user input! This is a great advantage in trading. When you learn how to use the proprietary features such as the zone strength with min X-factor of price travel away, you will be able to tell whether the zone is strong or not.

The supply and demand zones are used as an alert trigger. You have the choice of 3 alerts. If the price 1) enters the zone and/or 2) breaks the zone and/or 3) a reversal candle has formed from a zone. You can use popup alert with sound on MetaTrader 4 and/or push and/or email. When you will receive the alert you will know as a trader what to do.

A message will tell you how many demand zones have been broken in a row, so you want to trade with the trend and look for a trend continuation.


Parameters

Supply Demand settings

  • Min candles before a zone is printed (used for live chart).
  • Min X-factor of price travel away (ATR) (The higher the number the stronger the zones). OPTIMIZE HERE FOR YOUR SYMBOL AND TIME FRAME!
  • Min Y-factor of price travel away (zone size) 2nd Input: The higher the number the stronger the zones. OPTIMIZE HERE FOR YOUR SYMBOL AND TIME FRAME!
  • Limited size of a big zone. Max factor (ATR) (Oversized big zones will be reduced. The higher the number the larger zones are allowed).

Chart settings

  • Show inner price labels.
  • Show outer price labels.
  • Show old zones (needed for Sup/Dem counter, see below).
  • Use S/R line for old zones
  • Show yesterdays high/low
  • Show todays pivot
  • Show number of broken Sup/Dem in a row (counter)
  • Show above in corner
  • draw rectangle extended over live candle

MTF settings

  • Add higher TF
  • Higher TF period (if MTF is the same or lower than chart TF, the higher one will be used)
  • Show inner price labels MTF
  • Show outer price labels MTF
  • Limited size of a big zone. Max factor (ATR) MTF (Oversized big zones will be reduced. The higher the number the larger zones are allowed).

Alert settings

  • Alert zone hit
  • Alert zone break
  • Alert reverse candle from zone
  • Popup Alerts (MT4 popup and sound)
  • Send email alerts
  • Send push alerts

Color settings

  • color supply (new zone)
  • color supply used (supply zone was tested)
  • color demand (new zone)
  • color demand used (demand zone was tested)
  • color supply old
  • color demand old
  • color price labels
  • color price labels MT
  • Alert buy Color (arrow for reversal candle)
  • Alert sell Color
  • Color yesterday high
  • Color yesterday low
  • Color today open (open price of the day of your broker)
  • Color Pivot (daily pivot)
  • color supply MTF
  • color supply used MTF
  • color demand MTF
  • color demand used MTF

Other settings

  • Write Globalvariable (to use for an EA, writing first supply and first demand prices)
  • Show Bars back (number of bars back to read the levels)
  • Show max number of supply zones
  • Show max number of demand zones
  • Size price labels
  • Font size message
  • zone print delay seconds for redraw (5 to 60 sec)
  • Size price labels MTF
  • Rectangle style full MTF
  • Rectangle width (1-5) MTF


Tips

  1. Use my template (See comments).
  2. Optimize Zone Strength for your symbol and timeframe.
  3. Stay within the trend. The indicator is mostly used with one of my other specialized indicators of currency strength.
  4. Check my news and blogs on profile for trading system and trade examples.

I will always help you if you have any questions.

Thanks, I wish you many green pips in the future.

Best regards, Bernhard

Alba89
82
2017.11.21 08:29 
 

Excellent product.

Adam Westrop
165
2017.11.12 22:21 
 

Support and resistance zones are obviously important for forex. I don't like to spend time manually drawing zones/or visualising myself. This indicator is great and you can base a number of strategies off it, for instance bet on prices re-visiting the zones, bet on prices moving away further from new zones etc.

Additionally Bernhards support is second to none. He's always there to lend a helping hand.

Eng Hoe Teh
1329
2017.10.15 07:21 
 

Great support and well coded excellent product, definitely deserve 5 stars.

Seyed Mani Ashraf Pour Shoshtar
214
2017.09.23 10:02 
 

User didn't leave any comment to the rating

Fame.Ltd
384
2017.06.22 16:44 
 

Ich nutze vier Produkte von Bernhard in Kombination und habe fast alle anderen Indikatoren,die ich in nahezu 30 Jahren Trading "sammelte", deinstalliert.

Ich kann nur jedem Trader empfehlen, der dieses Business ernsthaft betreiben will, sich mit seinen Produkten auseinanderzusetzen.

Auch die schnelle Hilfsbereitschaft von Bernhard sind deutlich hervorzuheben und sehr selten anzutreffen, nachdem jemand sein Produkt verkauft oder verleast hat.

Eindeutiges "MUST HAVE" !!!

Jakob Dalsgaard
152
2017.06.20 13:06 
 

Amazing tool. A must!

mrkaib
401
2017.04.25 11:03 
 

Just perfect if you keep to all the published rules.

Special thanks to Bernhard for the indicators

John444
157
2017.04.11 12:14 
 

Amazing! Definitely, a tool you must have. I love the Multi-Time Frame function with the nested zones! Don't Diddle in the Middle! This tool paid for its self within a short time and it has already become part of my daily trading routine. Bernhard, Thank you for this unique product. It saved me a lot of time of manual charting! Also, the support from Bernhard is great.

Version 1.22 - 2017.07.17
Added an input to draw the higher timeframe squares extended to the right to not cover the live candle.
Optimized alerts.
Minimized CPU usage with a timer.
Reorganized inputs.

New input parameters:
+ draw rectangle extended over live candle (1 to 5 bars)
+ zone print delay seconds for redraw (5 to 60 sec)
Version 1.14 - 2017.04.24
On customers request, I added different colors for broken (old) zones.
+ color supply old
+ color demand old
Repeating alerts on M1 are been fixed.
Version 1.13 - 2017.03.30
With this update, we have a small add for better graphic.
Now you can choose empty squares for the higher timeframe (MTF) and edit the line width. This makes it graphically easier to differentiate between chart timeframe zones and higher timeframe zones.
+ rectangle style full MTF (default=false)
+ rectangle width (1-5) MTF (default=3)
The colors have been modified for the higher TF to be more beautiful.
Version 1.12 - 2017.03.16
With this update, you will be able to show double time frame zones. You will not only be able to show a higher TF but to show both, the chart TF, PLUS the higher TF: SHOWING NESTED ZONES.

Indicator parameters added:
==== MTF settings
+ ADD higher TF
+ higher TF period (or one more if chart TF)
+ show inner price labels MTF
+ show outer price labels MTF
+ limited size of a big zone. Max factor (ATR) MTF
+ color supply MTF
+ color supply used MTF
+ color demand MTF
+ color demand used MTF
+ color price labels MTF
+ size price labels MTF
Version 1.11 - 2017.02.06
Corrected count of broken supply/demand zones and start of daily lines.