Demand And Supply Diagram MT4
The balance of supply and demand is a simple and effective market analysis method.
The supply and demand diagram can show you in advance, even before the trend reversal, where the supply ends and the demand is already emerging, where the demand ends and the supply is emerging, while substantially increasing the probability of making a deal in the right direction and with a high profit factor.
The indicator uses the price/volume values to generate signals:
- ED – excess demand.
- ES – excess supply.
- ND (No demand) – no demand (accompanied by a warning message "Sell area").
- NS – no supply (accompanied by a warning message "Buy area").
It also monitors the sequence of these signals, determines the elasticity of demand/supply to the price and gives a confirmation message "Buy point" or "Sell point".
- Alerts – enables/disables additional showing of signals in the alert window, as well as additional push messages.
- Advise - enables/disables trading tips.
- Labels – enables/disables the display of signal labels on the chart.
- Viewing – enables/disables the full display of the diagram (Alerts and Advise retain their functionality, if they are enabled).
- Position – location of the diagram along the time scale.
- Average - calculation mode of the diagram's midpoint, moving average or weighted average based on volume.
- Deviation - calculation mode of the diagram's amplitude, the maximum deviation, the standard deviation or the deviation based on the Hurst exponent.
- Signal - data set (supply and demand and/or total volume) to be used for generation of the trade signal.
- Reverse - enable/disable the diagram calculation mode in terms of limit orders.
- ExcessValidate - the mode of tracking subsequent chains of signals, this option works as a filter.
- ElasticityValidate - check the elasticity of supply/demand to the price, with selection of the position opening type; the option acts as an additional filter.
- Profile - calculation mode of volume profile: normal profile, difference profile and profile of open interest, mathematically obtained by successively zeroing the mutually exclusive volumes.
- Timing - diagram recalculation frequency.
- Volumes – type of volumes, tick or real if provided by the broker.
- TfShift – shift of the applied period.
- Correlation - enable/disable the mode of checking the correlation between the trade signals of the current and the higher timeframes.
- LowLevelValue – below this value the volume is considered as low, in percent.
- LowestLevelValue – below this value the volume is considered as very low, in percent.
- HighLevelValue - above this value the volume is considered as high, in percent.
- HighestLevelValue - above this value the volume is considered as very high, in percent.
- PeriodForXX – an arbitrary period for a specific timeframe.
- DurationParts – the number of the diagram sectors along the time scale.
- StandardDeviations - multiplier for the standard deviation mode.
- HurstExponent - Hurst exponent to calculate the deviation.
- ProfileMaxLengthPix - limit on the profile length in pixels.
- LeftShiftPix – shift of the diagram to the left, in pixels.
- WidthPix – width of the diagram, in pixels.
- FontSize – font size.
The remaining inputs refer to line color and width settings, and their purpose is clear from their names.
Indicator operation features
The presence of a "Buy point" / "Sell point" is expressed by a text message, and also accompanied by a flashing of the relevant price tag. Only these two combinations together should be perceived as a valid presence of the signal.
The full recalculation of the diagram is performed according to the Timing variable, a signal is checked on every tick.
A line with a width of zero is not displayed and is not considered in the formation of signals.
You can scroll the chart and view its historic diagram and signals.
Alerts and trading tips are given for the periods ranging from current and higher.
The volumes on the diagram are cumulative and normalized to the percentage calculation.
PipTick Supply Demand is the best indicator we have ever made. This great tool automatically draws a supply and demand zones which are the best places for opening and closing the positions. It has many advanced features such as multi timeframe zones support, displaying width of zones, alert notifications for retouched zones and much more. Because of principle of market fractality, this indicator can be used for any kind of trading. It does not matter whether you are positional, swing or intraday
The market is unfair if only because 10% of participants manage 90% of funds. An ordinary trader has slim changes to stand against these "vultures". This problem can be solved. You just need to be among these 10%, learn to predict their intentions and move with them. Volume is the only preemptive factor that faultlessly works on any timeframe and symbol. First, the volume appears and is accumulated, and only then the price moves. The price moves from one volume to another. Areas of volume accumu
Why do we use Volume? Volume is the most valuable data after the price. What can this Indicator do? It can confirm the current open interest according to the volume Volume above average means that the open interest among traders is high. Volume below average means that the open interest among traders is low. Parameters The Fast Volume Index . The histogram represents the average volume according to the shorter amount of periods. The Slow Volume Index . The line represents the average volume acco
This indicator displays the histogram and arrows on chart. When Simple The Best Pro are placed on a chart, they identify the trend. The color of may be blue or red. The blue color stands for upside moves and the red color stands for downside trends. The indicator offers to set Stop Loss (SL) and Take Profit (TP) setting. The default value is ATR. Indicator has automatic optimization. The STB is a unique indicator that shows the tendency (button Bars) of a particular signals. The STB tells us
As we know, МТ4 and МТ5 do not store tick history, which may be necessary to develop trading strategies and market analysis. I have developed a method allowing you to receive tick history very easily. The indicator gathers tick history in real time and writes it to XXXXXX2.hst file, where XXXXXX is a symbol name. This file can be used to create an offline chart or something else. If you use a trading robot, then launch the indicator and control your broker by examining the spread and quotes. All
Zig Zag 123 tells us when a reversal or continuation is more likely by looking at the shift in supply and demand. When this happens a signature pattern appears known as 123 (also known ABC) will often break out in direction of higher low or lower high. Stop loss and take profit levels have been added. There is a panel that shows the overall performance of your trades for if you was to use these stop loss and take profit levels. We get alerted if a pattern 123 appears and also if the price r
The Volume Impuls VSA indicator paints a histogram of volumes tading into account the bar direction and comparing it with the volume of previous bars. The volume of the rising and falling trend are painted respectively in blue and in red. If the current volume exceeds the volumes of the opposite direction, an impulse is formed. Accordingly, the impulse of the upward and downward trends are painted in blue and orange. Also the indicator displays three levels, based on which you can easily compare
IMPORTANT PIECE OF INFORMATION: the demo is not working properly because of problems related to MQL. The indicator is fully working. If you want to try it or buy it please get in touch by email first firstname.lastname@example.org or via MQL message service. If you want to buy on MQL5 please drop me a message and I will send you also the indicator via message service. This indicator is working like in the pictures, 100%. With me you have prime customer service. You are never left alone. I really su
Displays the local time with the time difference you set. (It does not correspond to the time difference in 30-minute increments.) It also displays a price line with a good price, such as 100.000 .100 or .200. By default, the grid lines are shown with time and price according to MT4, but it hides them and shows the grid lines with the time difference and price set by the user. It is made to work lightly. The time line shows the line at the point one bar ahead. It's easy to figure out the mil
Volume Volatility is an indicator which analyzes currency pairs, indices, commodities etc. in terms of extremely high and extremely low accumulation to distribution ratio in comparison to values from past. The most important parameter is "Volume Volatility Factor" - this parameter, in big simplification, determines how far distance in the past is analyzed. The lower value of the parameter, the indicator analyzes less data from the past. I recommend you to set and test e.g. 3, 5, 15, 35, and 48 w
Wolf Wave is a Predictive Reversal Pattern Wolfe Waves are caused by forces of supply and demand that exist in all markets and all time frames. They were originally discovered by Brian and Bill Wolfe. They form patterns consisting of 5 waves where the first 4 define a wedge and the last extends beyond this wedge. This last wave is usually traded. Using the Wolfe wave principles, we can calculate its length by drawing a line between point 1 and point 4 on the wedge and extending this in the dire
PipTick Volume indicator is a great tool for measuring tick volume activity. It quickly and easily helps traders to evaluate the current size of volume. The indicator for the classification of the volume size uses the moving average and its multiples. Accordingly, the area where the volume is located (relative to the moving average) is labeled as ultra low, low, average, high, very high or ultra high. This indicator can calculate moving average by four methods: SMA - Simple Moving Average SMMA -
This indicator is analogous to Weis Wave from the recognized expert David Weiss. It is a modern adaptation of the Wyckoff Method featuring 30-years experience on different markets. The main indicator objective is to calculate the cumulative volumes of the previous waves and the current one. Indicator Features It responds to changes in a price behavior of the current wave. The indicator may begin to form a new unconfirmed wave. It works in all possible time periods. Four types of different pric
This indicator is a conventional analytical tool for tick volumes changes. It calculates tick volumes for buys and sells separately, and their delta on every bar, and displays volumes by price clusters (cells) within a specified bar (usually the latest one). The algorithm used internally is the same as in the indicator VolumeDelta , but results are shown as cumulative volume delta bars (candlesticks). Analogous indicator for MetaTrader 5 exists - VolumeDeltaBars . This is a limited substitution
Supply Demand uses previous price action to identify potential imbalances between buyers and sellers. The key is to identify the better odds zones, not just the untouched ones. Blahtech Supply Demand indicator delivers functionality previously unavailable on any trading platform. This 4-in-1 indicator not only highlights the higher probability zones using a multi-criteria strength engine, but also combines it with multi-timeframe trend analysis, previously confirmed swings and engulfing detector
Features Supports the creation of Monthly, Weekly, Daily, 4 Hours, 1 Hours and 30 Minutes Market Profile. Daily Profile can have custom start time. Merge and Split of Market Profile Market Profile References Point can be exported to CSV format for any further analysis. Indicator Parameters Indicator Update Interval - Choose indicator calculation period from 250 milliseconds to 2.5 seconds Indicator Setting ID - An ID for this particular indicator setting. Profile Number - The Number of Market
Supply and demand, as well as the corresponding volumes, are among the main determining factors of the price movement on the currency markets to date. The demand for the currency increases its purchasing power, and as a consequence, the value of the currency against other currencies. The supply acts in the opposite direction, reducing the value of the currency. Such value can have physical meaning and justification, for example, in relation to the volume of material goods, corresponding to a cur
PLEASE NOTE THAT LIKE MANY SUCH INDICATORS ON THIS MARKET, THIS INDICATOR WILL NOT WORK AS A DEMO DOWNLOAD FOR STRATEGY TESTER. Therefore the 1 month option at the lowest cost allowed of $10 is available for you to test. One of the better ways to trade is to analyse individual currencies rather than currency pairs. This is impossible with standard chart indicators on MT4. This currency strength meter allows one to trade the strongest with the weakest currency. The meter includes the curren
Delta Single Volume FREE is a very powerful indicator that reads the supply on the Market. It calculates the Delta from movement of the price and the difference of BUY and SELL volumes. Its special structure allows you to get all timeframe values available on the MT4 platform. A good observation of this instrument can suggest great entry points and possible reversal. We are confident that this tool will help you to improve your trading timing. FREE Version usable only on EURNZD. For FULL version
Trend indicator with calculation of dynamic levels and signaling their intersection. Description of input parameters: StepTF = true; - Calculation of the indicator by closing the bar (true) or by each tick (false) BarsCount = 300; - Number of settlement bars Price = PRICE_CLOSE; - Type of price used TimeFrame = PERIOD_CURRENT; - Estimated timeframe TrendPeriod = 9; - Trend calculation period TrendDeviations = 4.9; - coefficient of deviation PeriodTrendSmooth = 1; - Trend smoothi
We have made the New Pin Bar Pointer faster, slimmer, and even more accurate. This is the brand new Pin Bar Pointer. A new indicator designed to work together with our other indicators to create an innovative and extremely accurate tool for investors. At heart, The Pin Bar Pointer 2, like its predecessor, is an indicator designed to find and show the most profitable pin bars, but that is not all... Pin Bar Pointer 2 Settings Proportion - equivalent of the tail as compared to the overall size.
This multicurrency indicator is the Lite version of the Cosmic Diviner Reversal Zone Pro indicator. The indicator is based on original formulas for analyzing the volatility and price movement strength. This allows determining the overbought and oversold states of instruments with great flexibility, as well as setting custom levels for opening buy or sell orders when the overbought or oversold values of the instruments reach a user-defined percentage. A huge advantage of Reversal Zone Lite is the
TWO PAIRS SQUARE HEDGE METER INDICATOR Try this brilliant 2 pairs square indicator It draws a square wave of the relation between your two inputs symbols when square wave indicates -1 then it is very great opportunity to SELL pair1 and BUY Pair2 when square wave indicates +1 then it is very great opportunity to BUY pair1 and SELL Pair2 the inputs are : 2 pairs of symbols then index value : i use 20 for M30 charts ( you can try other values : 40/50 for M15 , : 30 for M30 , : 10 for H1 ,
The VSAMultiAnalize indicator serves to construct a horizontal volume profile and delta on the symbol graph ( VSA - Volume spread analysis ). The MT5 version is here . Construction can be performed in various ways. Input parameters: View Type. What is displayed on the chart. Volume by Range. The horizontal volume profile for the specified timeframe is the Target parameter. Previous and current. Two horizontal volume profiles for the current and past period (for example for the current and last d
Recommended for trading using Market Profile and VSA. The indicator displays profile of different periods on one chart. Minimum profile period is 15 minutes. The period of each next profile is twice the size of the previous one. The VAH/VAL price area is displayed on each profile. Price levels, where borders of price areas of different periods' profiles converge in one line, represent reliable support/resistance levels. The indicator displays volume accumulation areas on the chart to confirm rel
Volumes are one of the most important factors of trading, as it is the high volumes that move the market in either direction. But there are very few standard indicators for volumes in MetaTrader 4. The Volume Candles analyses the volumes of the trades and displays candles depending on these volumes. The candle appears once the required number of volumes has passed during trading (the VolumeCandle parameter). If the candles close frequently and are thin, then the volumes on the market are current
⭐⭐⭐⭐⭐ 24 hour event. Discount -34% on the product market profile singles indicator. Next price 75 usd . MT5 : https://www.mql5.com/en/market/product/53385 Theory: Market profile - Singles : Singles or single prints ( or gap ) of the profile are placed in the middle of a profile structure, not at the upper or lower edge. Singles draw our attention to places where the price moved very fast ( impulse movements) and therefore the market imbalance and show us the area of imbalance. Singles
Индикатор отображает бары в системе High-Low-Close ( HLC ). Имеется возможность выделять бары с увеличенным объемом. Простые понятные настройки цвета, толщины баров. Входные параметры Width Line – толщина баров. Color Down Bar – цвет медвежьего бара. Color Up Bar – цвет бычьего бара. Color Undirected Bar – цвет ненаправленного бара. Volume Level (0-off) – уровень объема для показа бара с увеличенным объемом (0-отключено). Color Volume Bar – цвет бара с увеличенным объемом.
This indicator provides you with MACD formula applied to volume-aware Accumulation/Distribution and OnBalance Volumes indicators. In addition to tick volumes it supports special pseudo-real volumes, synthesized for Forex symbols where real volumes are unknown. More details on the volume surrogates may be found in description of another indicators - TrueVolumeSurrogate and OnBalanceVolumeSurrogate (algorithm of the latter is used internally in MACDAD for AD and OBV calculation before they proceed
An indicator of patterns #24, #25, #26 and #27 ("Head and Shoulders", "Complex Head and Shoulders") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - indicator period K - an additional parameter that influences the accuracy of pattern shape recognition. The smaller the value is, the smoother the row of peaks/valleys shou
Switching between volume and elasticity curves is performed by double-clicking the horizontal axis line (VolumeMidpointLevel graphical object).
The ED and ES signals are now accompanied by the messages «Close sell position» and «Close buy position» as a recommendation to a partial or complete closure of the corresponding position.
Added algorithm for checking volatility to avoid signals in too narrow flat periods of the market.
Fixed error in calculating the length of the daily diagram for trading symbols having an additional short trading day.
Added clarifying signals "Buy point" and "Sell point" to the «Buy area» and "Sell area" signals, which are formed when the price reaches the Lowest or Highest levels, respectively.
Fixed an error in calculation of the volume profile in the Difference mode.
Alerts and trading tips are given for the periods ranging from current and higher.
In addition, the indicator displayed the weighted average price line, and also places the signal labels directly on the chart.
The signal labels and trading tips can be generated only when there is a permanent connection to the broker's server. To restore the chains of signals lost due to disconnection from the broker's server, scroll the chart into the history.