Supply And Demand Zones Detector

1.5

This indicator scanning thorough the history and drawing horizontal rays on all bars untested lows and highs.

Fresh supply/demand zones and support/resistance levels will be marked down.

It allows to be sure that certain levels is fresh and has not been tested yet.

Usually after strong departure price is not retesting base immediately and leaving unfilled orders. 

There is no inputs, so indicator is ready to go.

Version for MT5 is also available here: https://www.mql5.com/en/market/product/30841

Version 1.1 - 2018.09.18

Fixed repainting issues 

Previously drawn levels can be deleted by pressing <c> key

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Description: Please tick "Show object descriptions" in chart properties to enable hrays views That utility converts a trendline into a horizontal ray known as tool for drawing supply and demand zones. Simply create a trendline on a chart and once selected, it will get converted. Ray remains horizontal while dragging.  Quick ray plot: press "R" key to create horizontal ray. It will be snapped to the nearest OHLC value Further versions will be improved. For feature request please post new comm
This indicator scanning thorough the history and drawing horizontal rays on all bars untested lows and highs. Fresh supply/demand zones and support/resistance levels will be marked down. It allows to be sure that certain levels is fresh and has not been tested yet. Usually after strong departure price is not retesting base immediately and leaving unfilled orders.  There is no inputs, so indicator is ready to go.
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Thomas Bradley Butler
32466
Thomas Bradley Butler 2021.04.09 04:37 

Too many levels, becomes confusing and it recalculates even when to false. Changing time frames and then back will recalculate.

pete080368
1191
pete080368 2021.04.05 07:42 

User didn't leave any comment to the rating

8601567
789
8601567 2021.01.06 16:25 

Make sure you rent this first before you give away 50 bucks.

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