Supply and Demand Zone simple
- Indicatori
-
Nguyen Quoc Hung
I have a passion for coding, I am willing to share and learn good knowledge! - Versione: 1.0
Supply and Demand indicator powered by advanced multi-timeframe fractal algorithms, Zone Merging technology, and full EA readiness.
- Finding the exact areas where institutional buying and selling occur is the key to successful trading. Advanced Supply & Demand Zones Simple takes the guesswork out of chart analysis. By utilizing a dual-layered fractal calculation (Fast and Slow points) combined with dynamic ATR scaling, this indicator pinpoints high-probability reversal and continuation zones with clinical precision.
Unlike traditional indicators that clutter your chart with endless rectangles, this tool features a Smart Zone Merging algorithm, keeping your workspace clean and focused only on the levels that truly matter.
[Key Features]
-
Dual Fractal Detection: Calculates both fast-moving price actions and slow, structural market shifts to identify valid zones.
-
5-Level Zone Strength Rating: Instantly know the quality of a zone via interactive tooltips. Zones are categorized dynamically as Untested, Verified, Proven, Turncoat, or Weak.
-
Smart Zone Merging: Overlapping zones are automatically merged to prevent visual clutter and provide a clear, unified support/resistance area.
-
Developer & EA Ready: Built-in Global Variable broadcasting. Expert Advisors can instantly read Zone Highs, Lows, Strengths, and Hit Counts without complex iCustom calls.
-
Highly Optimized UI: Object re-utilization ensures zero terminal lag, even when calculating thousands of historical bars.
-
Customizable Aesthetics: Perfect for both Dark and Light chart themes. Includes settings for solid/hollow zones, custom colors, and line widths.
-
Instant Alerts: Never miss a trade with built-in Pop-up and Sound alerts when price enters a key zone.
