Flosoft Supply Demand MT4

5

Please if possible consider buying the MT5 version which at the moment offers more functionaIity. I also recommend you to read the product's blog (manual) from start to end so that it is clear from the beginning what the indicator offers.

This supply and demand zone indicator draws the zones on the chart and sends alerts when the price has reached or broken a zone. It is also possible to use it to be alerted about regular double tops/bottoms instead of zones. It is possible to use RSI, volume and divergence filters to filter out only the strongest setups. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system.

Features

  • The following divergences are supported:  MACD, OsMA, RSI, CCI, Stochastics and Awesome.
  • The zones have 3 colors (adjustable by input). Dark color for untested zone, medium for tested zone and light for broken zone.
  • The price of the zone outer border as well as the amount of zone test are written at each zone.
  • The indicator can write the signals to global variables which can be used by an Expert Advisor for auto trading.

Input parameters

Please find the description and explanation of the input parameters here.

Reviews 1
peter stoyanov
159
peter stoyanov 2026.05.13 08:10 
 

fine product. i've just contacted the author with request to add on/off button - otherwise the chart is too crowded for me and i'm waiting for the author's response.

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This indicator has been designed to integrate with the Elliott Wave theory, providing two distinct methods of operation: Automatic Work: In this mode, the indicator operates autonomously by detecting all five motive waves on the chart according to Elliott Wave theory. It offers predictions and identifies potential reversal zones. Additionally, it has the capability to generate alerts and push messages to notify traders of significant developments. This automated functionality streamlines the pro
Fractal Pattern Scanner MT4
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I recommend you to read the   product's blog  (manual) from start to end so that it is clear from the beginning what the indicactor offers. This indicator for Metatrader 4 identifies when a divergence occurs between price and an oscillator/indicator. It identifies both bullish and bearish divergences. It has a RSI filter option which makes it possible to filter out only the strongest setups. The indicator also offers options to wait for an Engulfing formation, Donchian channel breakout or for p
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I recommend you to read the   product's blog  (manual) from start to end so that   it is clear from the beginning what the indicator offers. This multi oscillator, multi time frame and multi symbol indicator identifies when a divergence occurs between price and an oscillator/indicator. It identifies both regular/classical (trend reversal) and hidden (trend continuation) divergences. It has moving average, RSI/Bollinger, ADX, pin bar and engulfing filter options which makes it possible to filter
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This multi time frame and multi symbol indicator identifies when the stochastics signal line (D) crosses the stochastics main line (K) as well as options  to scan for main line and signal line level crossovers.  As a bonus it can also scan for Bollinger bands and RSI overbought/oversold crosses. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. Features Can monitor all symbols visible in your Market Watch window at the sam
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This cost averaging Expert advisor (EA) places additional trades in the same direction as the original (manually opened) order when the price goes against you. It can be used as a grid system or as pure martingale system (exponential increasing of lot size) or smoothed martingale (for instance linear increasing of the lot size). Due to the risk involved, this EA is more suitable for intermediate to advanced traders who are well aware of how to handle risk management and trading an already profit
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peter stoyanov
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peter stoyanov 2026.05.13 08:10 
 

fine product. i've just contacted the author with request to add on/off button - otherwise the chart is too crowded for me and i'm waiting for the author's response.

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