Axos
- Indicators
- Version: 3.5
Smart Money Analysis | Supply & Demand Zones | Volume Analysis | Buying & Selling Pressure | Moving Average Trend Filter | Automatic Zone Updates | Multi-Market & Multi-Timeframe Support
Introduction
AXOS Smart Money Supply and Demand is a technical indicator developed for MetaTrader 4 (MT4) that identifies potential supply and demand zones using price movement and swing analysis.
The indicator displays calculated volume information for each zone, including estimated buying and selling percentages. It also includes an optional Moving Average trend filter and configurable zone detection settings.
The indicator can be used for technical analysis on Forex, Gold, indices, and cryptocurrency charts supported by MetaTrader 4.
Its main purpose is to help traders identify potential market reaction areas, evaluate buying and selling pressure estimates, and analyze price behavior around important supply and demand zones.
1. Supply and Demand Zones
The indicator analyzes historical price movements to identify potential supply and demand areas.
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Supply Zone (Sell Zone): A price area where selling activity may develop.
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Demand Zone (Buy Zone): A price area where buying activity may develop.
Identified zones are displayed directly on the MT4 chart using customizable colors.
Traders can use these areas as reference levels when evaluating price reactions, market structure, and possible trading setups.
Supply and demand zones can help traders identify areas where price may encounter buying or selling pressure.
However, these zones represent potential technical areas and do not guarantee future market reactions.
2. Volume Information
Each detected zone includes calculated volume information.
The displayed information consists of:
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Vol: Calculated volume associated with the zone.
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B%: Estimated buying volume percentage.
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S%: Estimated selling volume percentage.
For example:
Sell Zone | Vol: 299.6K (B:46% / S:54%)
In this example:
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Calculated volume: 299,600
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Estimated buying percentage: 46%
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Estimated selling percentage: 54%
The percentages are derived from the indicator's internal calculations using available broker data.
Important: In MetaTrader 4, Forex volume data generally represents tick volume rather than centralized exchange-traded volume.
Therefore, the displayed buying and selling percentages are estimates based on the indicator's calculations. They do not represent verified institutional order flow or exact market-wide buying and selling transactions.
3. Automatic Volume Updates
The indicator calculates initial volume information using historical candle data.
When a new candle closes, the indicator updates the relevant zone volume calculations and estimated buying and selling percentages.
The updated information is displayed directly on the MT4 chart.
These calculations depend on the available historical price and volume data provided by the broker.
The accuracy and completeness of volume information may vary between brokers and trading instruments.
4. Moving Average Trend Filter
AXOS Smart Money Supply and Demand includes an optional Moving Average trend filter.
Users can enable or disable this filter and configure its calculation settings.
Available parameters:
InpUseMAFilter
Enables or disables the Moving Average trend filter.
InpMAPeriod
Sets the Moving Average calculation period.
InpMAMethod
Selects the Moving Average calculation method.
An example configuration uses a 200-period Exponential Moving Average (EMA 200).
The filter adds trend-based conditions to the zone detection process.
This feature allows traders to incorporate an additional trend reference into their supply and demand analysis.
5. Zone Detection Settings
The indicator provides configurable parameters for zone detection and chart management.
InpMaxActiveZones
Defines the maximum number of active supply and demand zones displayed on the chart.
InpMinMoveBars
Defines the minimum movement-related bar requirement used by the zone detection algorithm.
InpSwingLookback
Specifies the number of historical bars used for swing analysis.
InpMaxBars
Defines the maximum number of historical bars processed by the indicator.
These parameters allow traders to adjust zone detection and display behavior according to their preferred trading instruments and timeframes.
6. Visual Settings
AXOS Smart Money Supply and Demand allows users to customize the visual appearance of identified zones.
Available parameters:
InpBuyZoneColor
Defines the color of demand zones.
InpSellZoneColor
Defines the color of supply zones.
InpBorderColor
Defines the color of zone borders.
InpTextColor
Defines the color of zone labels and volume information.
Example color configuration:
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Demand Zones: OrangeRed
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Supply Zones: RoyalBlue
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Zone Borders: White
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Zone Text: White
These settings help traders customize the indicator according to their preferred chart background and visual style.
7. How to Use the Indicator
A possible technical analysis workflow is:
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Open MetaTrader 4 and select a trading instrument.
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Choose your preferred chart timeframe.
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Attach AXOS Smart Money Supply and Demand to the chart.
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Review the automatically identified supply and demand zones.
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Examine the calculated volume and estimated buying and selling percentages.
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Enable the optional Moving Average filter if additional trend context is required.
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Observe price behavior when the market approaches an identified zone.
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Evaluate potential trading opportunities using independent price action analysis and appropriate risk management.
The indicator can be combined with:
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Market Structure Analysis
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Support and Resistance
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Price Action Trading
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Liquidity Analysis
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Trend Analysis
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Moving Averages
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Other Technical Indicators
AXOS Smart Money Supply and Demand is a technical analysis indicator and does not automatically open or close trades.
8. Supported Markets and Timeframes
The indicator can be applied to financial instruments available through MetaTrader 4, including:
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Forex currency pairs
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Gold (XAUUSD)
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Stock indices
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Cryptocurrencies
Instrument availability depends on the broker.
Supported Timeframes
The indicator can be used on different MT4 chart timeframes, including:
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M1 – 1 Minute
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M5 – 5 Minutes
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M15 – 15 Minutes
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M30 – 30 Minutes
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H1 – 1 Hour
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H4 – 4 Hours
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D1 – Daily
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W1 – Weekly
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MN1 – Monthly
Users should evaluate the indicator's behavior on their selected instruments and timeframes before using it in live trading.
9. Installation and Setup – MetaTrader 4
Follow these steps to install the indicator:
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Open the MetaTrader 4 trading platform.
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Install AXOS Smart Money Supply and Demand from the MQL5 Market using the MT4 version.
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Open your preferred trading instrument chart.
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Select the desired timeframe.
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Find the indicator in the MT4 Navigator window.
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Attach the indicator to the chart.
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Configure the supply and demand zone detection parameters.
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Adjust the Moving Average filter settings if required.
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Customize the zone colors and visual settings.
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Click OK to activate the indicator.
The indicator will analyze the available historical price data and display the identified supply and demand zones.
The amount and quality of available historical data may influence the calculated results.
10. Why Choose AXOS Smart Money Supply and Demand?
AXOS Smart Money Supply and Demand combines several technical analysis features into one indicator:
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Developed for MetaTrader 4.
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Automatic identification of potential supply zones.
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Automatic identification of potential demand zones.
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Price movement and swing-based analysis.
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Calculated volume information for identified zones.
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Estimated buying pressure percentages.
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Estimated selling pressure percentages.
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Automatic updates of relevant zone volume information.
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Optional Moving Average trend filter.
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Configurable Moving Average settings.
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Adjustable zone detection parameters.
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Customizable supply and demand zone colors.
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Flexible zone display settings.
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Support for multiple trading instruments.
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Compatibility with different MT4 timeframes.
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Visual technical analysis directly on the chart.
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No automatic trade execution.
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Designed to support independent trading analysis and decision-making.
The main purpose of AXOS Smart Money Supply and Demand is to provide traders with a structured visual approach to identifying potential supply and demand areas and evaluating market behavior.
11. Important Information and Risk Disclaimer
Supply and demand zones are potential technical reference areas.
They do not guarantee that price will reverse or continue in a particular direction.
The volume values and estimated buying and selling percentages are calculated using the indicator's internal methodology and available broker data.
These calculations should not be interpreted as complete exchange-level order flow or verified institutional trading activity.
Forex volume data provided through MetaTrader 4 is generally based on tick volume, and the available information may differ between brokers.
The indicator provides technical analysis information only and does not guarantee profitable trading results.
Historical chart examples and previous price reactions do not guarantee future performance.
Trading Forex, Gold, indices, cryptocurrencies, and other financial instruments involves financial risk.
Users should apply appropriate risk management and independently evaluate trading opportunities before opening positions.
AXOS Smart Money Supply and Demand is an indicator, not an automated trading system or Expert Advisor.
12. Your Feedback Matters – Comments & Reviews
If you are using AXOS Smart Money Supply and Demand for MetaTrader 4, we kindly encourage you to share your experience in the Comments and Reviews sections on MQL5.
Your honest feedback, ratings, suggestions, and trading experiences are extremely valuable to us.
Your reviews help us continuously improve the indicator, introduce useful new features, and develop future updates based on the needs of our users.
After testing or using AXOS Smart Money Supply and Demand, please take a moment to leave your comment and review on MQL5.
We appreciate your trust, support, and contribution to the AXOS trading community.
Thank you for choosing AXOS Smart Money Supply and Demand!
AXOS Development Team
AXOS SMART MONEY SUPPLY AND DEMAND
IDENTIFY THE ZONES.
ANALYZE THE VOLUME.
UNDERSTAND THE MARKET STRUCTURE.
TRADE WITH A PLAN.
AXOS Smart Money Supply and Demand – Professional Supply & Demand Analysis for MetaTrader 4.
