No Demand No Supply

4.5

This indicator identifies No Demand –No Supply candles to your chart and plots volume bars colored according to the signal. It can be applied to all timeframes or to a specific one only. It can also be used as regular volume indicator but with exceptional future of WEIGHTED VOLUME.

Furthermore is has an alert notification, sound and email when a signals occurs.

The indicator does not repaint but the alert will come on two candles back due to the definition of No Demand No Supply.

The VSA (Volume Spread Analysis) definition for No Demand and No supply is as follows:

No Demand (no buyers-potential short position):

The Volume within the candle formation again has to be lower than the volume of the previous 2 candles.

The candle has to close bullish (green body) and the next candle to be bearish.

There has to be some sort of rejection (pin or wick) at the high of the candle.

If the candle closed at the top it would not be a no demand candle.

No Supply (no sellers-potential long position):

The Volume within the candle formation has to be lower than the volume of the previous 2 candles.

The candle has to close bearish (red body) and the next candle bullish.

There has to be some sort of rejection (pin or wick) at the low of the candle.

If the candle closed at the bottom it would not be a no supply candle.


Parameters

Format Labels

  • TimeFrame: Specify a specific timeframe in minutes (5,15,60, etc.) or 0 to be applied to all timeframes
  • ShowLabels: Show NS and ND labels, true or false;
  • Show_No_Demand: Shows No Demand label on price chart or not;
  • Show_No_Supply: Shows No Supply label on price chart or not; 
  • Engulfing Filter: if true signals will be generate when engulfing candle pattern occur
  • Wick: ND or NS candle can be filtered by the Wick (pin) size: 0 very small, 1 at least 25% pin and 2 at least 50% pin
  • LabelShift: Label shift above and below bars in points
  • FontSize: Font size of labels
  • FontColorNS: Color of No Supply label
  • FontColorND: Color of No Demand label

Weight Volume Parameters - Weight Volume According to Sessions London-US-Asia. Should be used only in Forex or any other Instrument that when EU+US sessions operating together has the Highest Volumes. (it operates  on 1Hr charts or less)

  • Weighted Volume: true/false - Weights volume of  different sessions taking into consideration that when London and US are operating at same time the highest volume of all sessions occurs and adjusts the rest of the sessions. With this parameter it very easy visualize which volumes are significant even on Asian hours or non-significant on London-US hrs.  



    Alert Parameters

    • EnableNativeAlerts: Popup window
    • EnableSoundAlerts: Sound alert
    • EnableEmailAlerts: Sends email
    • EnablePushAlerts: Push Notification
    • SoundFileName: The sound file for sound alert "alert.wav"


    Recensioni 5
    Ed N.
    60
    Ed N. 2022.02.13 16:58 

    Very happy with this indicator. Offers several options to filter out signals. What a wonderful coder, also provides a good video explaining the features and filters of the indicator. It's a good complement to my existing Wyckoff software on MT4.

    forix7
    627
    forix7 2019.03.30 03:17 

    Another fabulous indicator by Panagiotis, I have a number of his indicators which all work together with nice confluence and when i use them together i find that price speaks to me with regards direction - you must understand the other indicators available from this seller to really benefit from them all working together - All programming and updates work GREAT and NEVER any problems or repainting with these indicators - (please keep up the good work Panagiotis)

    syedfaisalshah
    44
    syedfaisalshah 2022.04.09 03:55 

    hi i purchased good indicator only one thing missing alert pop up should be in one window pop up now only sound we have to search which pair give alert so kindly up date it if possible.

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    4.81 (21)
    M1 Arrow è un indicatore basato sui principi naturali del trading di mercato, che includono l'analisi della volatilità e dei volumi. L'indicatore può essere utilizzato con qualsiasi timeframe e coppia di valute. Un parametro di facile utilizzo consente di adattare i segnali a qualsiasi coppia di valute e timeframe. Oltre all'algoritmo principale basato su segnali di acquisto e vendita, l'indicatore include diverse strategie aggiuntive integrate, selezionabili tramite le impostazioni. Queste stra
    Identify over 30 candlestick patterns with precision This indicator recognizes over 30 Japanese Candlestick Patterns and highlights them beautifully on the chart. It is simply one of those indicators price action traders can't live without. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  ] Boost your technical analysis overnight Detect japanese candlestick patterns easily Trade reliable and universal reversal patterns Hop onto established trends safely using continua
    Quantum Naked SMC Prime is a streamlined Smart Money Concepts indicator designed for traders who prefer a clean chart, structured market analysis and clear visual trade setups without unnecessary complexity. The indicator combines market structure, liquidity behavior, institutional zones and confirmation logic into a compact analytical framework. Instead of flooding the chart with technical indicators, Quantum Naked SMC Prime focuses on the core elements of price action and Smart Money Concepts
    Prop Firm Sniper
    Mohamed Hassan
    4.33 (6)
    Prop Firm Sniper MT4  is a professional market structure indicator that automatically identifies high-probability BUY and SELL opportunities using BOS and CHoCH analysis. Recommended Timeframes: For backtesting, use the indicator on   M5 or M15   for Gold (XAUUSD), and   M15 or H1   for more volatile Forex pairs such as   GBPUSD, USDJPY, EURGBP , and similar markets. CONTACT ME AFTER PURCHASE TO CLAIM YOUR FREE BONUSES! Prop Firm Sniper  is a professional market structure indicator designed t
    DayTrader PRO MT4
    Davit Beridze
    4.6 (10)
    DayTrader PRO MT5:  https://www.mql5.com/en/market/product/186222 DayTrader PRO è un indicatore di trading avanzato che combina il filtro Laguerre di John Ehlers con un potente motore di auto-ottimizzazione. Invece di utilizzare parametri fissi, l'indicatore ricerca automaticamente le migliori impostazioni in base alle condizioni recenti del mercato, aiutandoti ad adattarti alla volatilità variabile senza costanti aggiustamenti manuali. L'indicatore genera segnali chiari di ACQUISTO (BUY) e VEND
    Quantum Trend Sniper MT4
    Ian Andrew Nicholson
    5 (1)
    Quantum Trend Sniper PRO for MetaTrader 4 Quantum Trend Sniper PRO is a professional-grade MT4 indicator built for traders who want selective entries, clear trade structure, and live on-chart decision support . This is not a basic buy/sell arrow tool. It is a complete trading workflow that helps you identify higher-quality setups, project the full trade structure, monitor progression through multiple profit targets, and review trade behavior directly on the chart. Designed for traders who value
    Scalper Inside PRO
    Alexey Minkov
    4.74 (69)
    Scalper Inside PRO helps you read the intraday trend and plan a trade before you enter the market. It is built around three exclusive strategies for a sharper read of the market. The moment a signal appears, the indicator evaluates market direction and calculates the key levels, so you see the potential entry, the expected stop-loss and several profit-taking levels in advance. Detailed performance statistics show how different instruments and strategies performed in history and help you pick ass
    I Gold Target sono il miglior indicatore di tendenza. L'algoritmo unico dell'indicatore analizza il movimento del prezzo dell'asset, tenendo conto di fattori di analisi tecnica e matematica, determina i punti di ingresso più redditizi, emette un segnale sotto forma di freccia e il livello di prezzo (ACQUISTA Entrata / VENDI Entrata) per aprire un ordine. L'indicatore mostra inoltre immediatamente il livello di prezzo per lo Stop Loss e cinque livelli di prezzo per il Take Profit. ATTENZIONE: L
    The Extreme point indicator helps in determining the probable price reversal points on the chart. The indicator facilitates the search for points to enter the market with greater accuracy. The indicator displays certain impulses, after which there is a high probability of the price continuing its movement in the same direction. The indicator can be used in conjunction with other indicators for a more accurate detection of the position entry points. The indicator can also be used independently. F
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    My Chart Generator
    Trade The Volume Waves Single Member P.C.
    What if your chart adapted to the market instead of the clock?   THE PROBLEM IT SOLVES   Instead of trying to find the best indicator that fits your timeframe chart, build a chart and find the most appropriate indicator.   My Chart Generator is a MetaTrader 5 background service that builds  live, fully historical three types of custom charts :1. Range/Volume Balanced chart, 2.  Range/Volume Absorption chart and 3. Constant Volume chart from any symbol — Forex pairs, crypto, indices, commodities,
    Trend Lines MT5 with Alert
    Trade The Volume Waves Single Member P.C.
    Trend Lines Cross  This indicator will alert you on any cross of a Trendline. You can draw up to two trend lines and form a channel, a pennant , a triangle or a simple trend and when the price crosses either trend line the indicator  will provide you with alerts that you define plus an up or down arrow when the cross happened. How to:   Draw the 1st trendline and name it tl1.  Draw the 2nd trendline and name it tl2. Select which type of alerts you would like in the indicator properties and you a
    FREE
    TrendLines Cross with Alert
    Trade The Volume Waves Single Member P.C.
    4 (4)
    Trend Lines Cross  This indicator will alert you on any cross of a Trendline. You can draw up to two trend lines and form a channel, a pennant , a triangle or a simple trend and when the price crosses either trend line the indicator  will provide you with alerts that you define plus an up or down arrow when the cross happened. How to:   Draw the 1st trendline and name it tl1.  Draw the 2nd trendline and name it tl2. Select which type of alerts you would like in the indicator properties and you a
    FREE
    My Chart Control
    Trade The Volume Waves Single Member P.C.
    Important: Do not download or install My Chart Control unless you already own My Chart Generator service. My Chart Control is not a standalone chart generator. It is designed to work together with the custom charts produced by My Chart Generator. Your Range/Volume chart, optimized for your indicator — automatically.   My Chart Control is the on-chart dashboard and intelligence interface for My Chart Generator. Attach it to your My Chart custom symbol chart and it gives you complete control over
    FREE
    Tick Chart Monitor
    Trade The Volume Waves Single Member P.C.
    DO NOT DOWNLOAD  UNLESS YOU OWN "Tick Chart - Constant Volume Generator EA" - This indicator acts as remote control of the specifc EA. The link for "Tick Chart - Constant Volume Generator EA" : https://www.mql5.com/en/market/product/171018 1. Tick Chart Monitor   1.1 What It Does The Monitor is an indicator that runs directly on the generated tick chart. It provides a graphical control panel that lets you change the EA’s style, volume, start date, or trigger a full rebuild — without touching the
    FREE
    RVH Monitor MT5
    Trade The Volume Waves Single Member P.C.
    This is an indicator to control the Parameters of Range Volume Hybrid Generator expert advisor -It does not work as stand alone, it works as a remote control of Range Volume Hybrid Generator and must be applied on the custom chart generated by the EA. To get Range Volume Hybrid Generator expert advisor:  https://www.mql5.com/en/market/product/165557 Parameters that can be adjusted: Trading Style as well as manual setting of Range, Volume and start Date of data collection. What's the video for 
    FREE
    Constant Volume Calculator MT5
    Trade The Volume Waves Single Member P.C.
    This is a free helper indicator for MT5 that will help traders setup their constant volume charts depending on their trading style. It will calculate the number of ticks that your constant volume chart should have depending on the following trading styles: Scalper Active Day trader Day trader Swing trader Position trader   Instruction video attached. Enjoy!
    FREE
    Constant Volume Calculator MT4
    Trade The Volume Waves Single Member P.C.
    This is a free helper indicator for MT4 that will help traders setup their constant volume charts depending on their trading style. It will calculate the number of ticks that your constant volume chart should have depending on the following trading styles: Scalper Active Day trader Day trader Swing trader Position trader   Instruction video attached. Enjoy!
    FREE
    Weis Wave with Alert
    Trade The Volume Waves Single Member P.C.
    4.82 (22)
    Rental/Lifetime Package Options and Privileges' Rent Monthly Six Months   Yearly/Lifetime Weis Wave with Speed with Alert+Speed Index x x x Manual  x x x Quick Set up Video x x x Blog x x x Lifetime Updates x x x Setup and Training Material x x Rectangle Break Alert Tool      x Discord Access Channel "The SI traders" x   How to trade info visit:    http://www.tradethevolumewaves.com   ** If you purchase please contact me to setup your  : training Room and  complete manual access.  This is
    Anchored VWAP with Alert
    Trade The Volume Waves Single Member P.C.
    5 (4)
    What is the Volume Weighted Average Price (VWAP)? The volume weighted average price (VWAP) is a trading benchmark used by traders that gives the average price an instrument has traded at throughout the day, based on both volume and price.  It is important because it provides traders with insight into both the trend and value of the instrument. What is the Difference between VWAP and AVWAP? While VWAP is having as starting point the beggining of the day,week,month etc. in the AVWAP you can plac
    Wave Anatomy
    Trade The Volume Waves Single Member P.C.
    5 (1)
    Wave Anatomy Visit:   http://www.tradethevolumewaves.com   for more information Construct your own 5 Waves and analyze the price movements stages: Easy Movement Hard time to move Fast move This indicator is based on Wyckoff’s, David’s Weis and my Speed Index Theory. This indicator will you help analyze what is happening in 5 Price Waves that you can construct yourself. This tool is designed for scalpers and swing traders and will help them to analyze any wave on any timeframe at the same time.
    Weis Wave with Alert MT5
    Trade The Volume Waves Single Member P.C.
    4.94 (17)
    Rental/Lifetime Package Options and Privileges  Rent Monthly Six Months   Yearly/Lifetime Weis Wave with Speed with Alert+Speed Index x x x Manual  x x x Quick Set up Video x x x Blog x x x Lifetime Updates x x x Setup and Training Material x x Discord Access Channel "The SI traders"          x Rectangle Break Alert Tool      x How to trade with it:    http://www.tradethevolumewaves.com   ** If you purchase please contact me to setup your  : Training Room and  complete manual access.  Wei
    No Demand No Supply MT5
    Trade The Volume Waves Single Member P.C.
    No Demand No Supply   This indicator identifies   No Demand –No Supply candles to your chart and plots volume bars colored according to the signal. It can be applied to all timeframes or to a specific one only. It can also be used as regular volume indicator  with exceptional future of WEIGHTED VOLUME. Furthermore is has an alert notification, sound and email when a signals occurs. The indicator does not repaint but the alert will come on two candles back due to the definition of No Demand No Su
    Anchored VWAP with Alert MT5
    Trade The Volume Waves Single Member P.C.
    5 (1)
    What is the Volume Weighted Average Price (VWAP)? The volume weighted average price (VWAP) is a trading benchmark used by traders that gives the average price an instrument has traded at throughout the day, based on both volume and price.  It is important because it provides traders with insight into both the trend and value of the instrument. What is the Difference between VWAP and AVWAP? While VWAP is having as starting point the beggining of the day,week,month etc. in the AVWAP you can pla
    Wave Anatomy MT5
    Trade The Volume Waves Single Member P.C.
    Wave Anatomy Visit:  http://www.trafethevolumewaves.com  for more information Construct your own 5 Waves and analyze the price movements stages: Easy Movement Hard time to move Fast move This indicator is based on Wyckoff’s, David’s Weis and my Speed Index Theory. This indicator will you help analyze what is happening in 5 Price Waves that you can construct yourself. This tool is designed for scalpers and swing traders and will help them to analyze any wave on any timeframe at the same time. Fur
    Range Volume Hybrid Generator
    Trade The Volume Waves Single Member P.C.
    1. Introduction Range Volume Hybrid (RVH) is a MetaTrader 5 Expert Advisor that creates custom chart symbols using a unique dual-condition bar formation method. Unlike traditional charts where bars close based on a single criterion (time, range, or volume), RVH bars close only when BOTH a minimum price range AND a minimum volume threshold are met simultaneously.  Download also and install RVH Monito r Indicator - to control the EA from the custom charts (it's Free)  https://www.mql5.com/en/marke
    Tick Chart Constant Volume Generator
    Trade The Volume Waves Single Member P.C.
    1. Overview   The Tick Chart Toolset is a pair of tightly coupled MQL5 files that generate and control professional Constant Volume charts inside MetaTrader 5 as custom symbols. Unlike time-based charts, each bar closes only when a target volume threshold is reached, giving you a noise-filtered, activity-proportional view of the market. Free "Tick Chart Monitor Indicator" to control the generator EA:  https://www.mql5.com/en/market/product/17104   Component Type Role Tick_Chart_Generator_AI_MT5
    Filtro:
    syedfaisalshah
    44
    syedfaisalshah 2022.04.09 03:55 

    hi i purchased good indicator only one thing missing alert pop up should be in one window pop up now only sound we have to search which pair give alert so kindly up date it if possible.

    Trade The Volume Waves Single Member P.C.
    7482
    Risposta dello sviluppatore Panagiotis Diamantopoulos 2022.04.09 06:31
    Hi syedfaisalshah your request is already there just set to true the EnableNativeAlerts. Please note that you can set to true multiple alert types at the same time. Enjoy!
    Ed N.
    60
    Ed N. 2022.02.13 16:58 

    Very happy with this indicator. Offers several options to filter out signals. What a wonderful coder, also provides a good video explaining the features and filters of the indicator. It's a good complement to my existing Wyckoff software on MT4.

    Trade The Volume Waves Single Member P.C.
    7482
    Risposta dello sviluppatore Panagiotis Diamantopoulos 2022.02.13 17:00
    Thank you for your review.
    forix7
    627
    forix7 2019.03.30 03:17 

    Another fabulous indicator by Panagiotis, I have a number of his indicators which all work together with nice confluence and when i use them together i find that price speaks to me with regards direction - you must understand the other indicators available from this seller to really benefit from them all working together - All programming and updates work GREAT and NEVER any problems or repainting with these indicators - (please keep up the good work Panagiotis)

    smohamedfarouk
    133
    smohamedfarouk 2018.11.22 09:18 

    Purchased on this but not coming up market plz help?

    Aravind Kolanupaka
    10405
    Aravind Kolanupaka 2018.10.22 22:59 

    Good. Better to use on higher timeframe.

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