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Supply Demand FVG

50 USD

Demo downloaded: 29

Published: 15 May 2023

Current version: 1.20

Supply Demand FVG

Indicators
Krzysztof Janusz Stankiewic
Version: 1.20
Updated: 14 March 2024
Activations: 5

The indicator displays the following elements:

Supply Zones,
Demand Zones,
Fair Value Gaps

and sends alerts when a supply or demand zone is reached.

The zone timeframe is set independently of the chart timeframe. For example, it is possible to set M5 zones on an H4 chart. The importance of zones can be adjusted using the zone strength parameter.

Demand zones are displayed if at least one candle in the range of the zone is entirely above the zone. Similarly, supply zones are displayed if at least one candle within the zone is entirely below the zone.

Fair Value Gaps are formed in a three-bar pattern when the left and right bars do not engulf the middle one.

Alerts for supply and demand zones can be set as pop-up, sound alerts, or “send notification” alerts.

A convenient panel is attached to the indicator.

more...

1344

danmar 2024.03.13 08:10 #

HI I discover this tool which give us 2 very importants informations : supply/demand and FVG with a real easy MTF down (great) and Up (of course). really very interesting , easy, accurate from what i see in my first look. I will come back later but already i am very very happy to find this one even i have already differents indicators for this but not so easy and giving the ability to have a clean chart. Very Very Well done.

2024 03 15 I reported yesterday an little problem with template and today i have the fix , difficult to do better, Thank you a lot Krzysztof to make this quick. Well Done.

and also after some days of use i can confirm that, for me, this one is very accurate and become part of my core indicators.

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Supply or demand zones refer to price areas where a significant amount of supply or demand had previously entered the market, causing prices to either fall or rise. If the price returns to the demand or supply zone, it is likely to bounce off due to the large number of orders previously placed within the zone. These orders will be defended in these areas. The Fair Value Gap (FVG) is a concept used to identify imbalances in the equilibrium of buying and selling. Fair Value Gaps are formed in a

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The indicator draws supply and demand zones. The zone timeframe can be set independently of the chart timeframe. For instance, it is possible to set M5 zones on an H4 chart. The importance of zones can be adjusted using the zone strength parameter. Demand zones are displayed if at least one candle in the range of the zone is entirely above the zone. Similarly, supply zones are displayed if at least one candle within the zone is entirely below the zone.

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For those who monitor charts from afar, this utility is essential. It displays the chart symbol, time frame, and bid price as text. Users can adjust the text position, color, and font size. It’s also a useful tool for forex video publishers. There will be no more complaints about which symbol and time frame are displayed on the screen, even if the content is viewed on a phone. Symbol prefixes such as “_ecn” or “_stp” can be removed from the displayed symbol.

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Filter:

1344

danmar 2024.03.13 08:10 #

2024 03 15 I reported yesterday an little problem with template and today i have the fix , difficult to do better, Thank you a lot Krzysztof to make this quick. Well Done.

and also after some days of use i can confirm that, for me, this one is very accurate and become part of my core indicators.

824

Reply from developer Krzysztof Janusz Stankiewic 2024.03.13 10:49 #

Thanks for a good review.

Version 1.20 2024.03.14

A bug was reported when applying the indicator from a template. An appropriate correction has been made.

Version 1.10 2024.02.06

A bug was spotted, indicating an error 4211 on MT4 when the panel was off. An appropriate correction has been made.