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Supply And Demand Zones Detector

2.67

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

Reviews 3
pete080368
960
pete080368 2021.04.05 07:42 
 

Works perfectly. Use it on higher timeframes if you want to trade in lower timeframes.

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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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Filter:
Thomas Bradley Butler
19385
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
960
pete080368 2021.04.05 07:42 
 

Works perfectly. Use it on higher timeframes if you want to trade in lower timeframes.

8601567
779
8601567 2021.01.06 16:25 
 

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

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Version 1.4 2019.03.13
New input:

deleteLevelsOnSwitch - if true, levels will be removed once symbol or timeframes has changed. So if a top-down analysis ( for example MN > W1 > D1) then its value must be set as false. Note, that true is a default value.

New feature:

price at a level is always displayed
improved license management - if demo version detects other market than AUDNZD indicator will be unloaded with a warning alert
pressing <c> key will remove all levels on a current chart
Version 1.1 2018.09.18
Fixed repainting issues
Previously drawn levels can be deleted by pressing <c> key