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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    Bernhard Schweigert
    4.91 (302)
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    Price & Time Market Structure Indicator A professional market structure tool that analyzes waves through both price and time — not price alone. Main Description NeoWave PRO is a professional market structure indicator for MetaTrader 4 designed for traders who want to move beyond traditional one-dimensional wave tools such as ZigZag, swing indicators, and basic high/low systems. Most wave indicators analyze only one thing: Price. But a real market wave is not only a price movement. A true wave de
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    Oleg Rodin
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    Channel Trend Bands  MTF – A Comprehensive Indicator for Market Analysis MetaTrader 5 Version Simple to Use, Effective in Application User-Friendly and Suitable for All Traders This indicator stands out due to its straightforward functionality. Whether you're a beginner exploring the market or an experienced trader refining your strategy, this tool offers valuable insights. Using a Triangular Moving Average (TMA) with additional ATR-based bands , it provides structured market data to support w
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    Noiros Tech
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    Stefano Frisetti
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    Trend Lines MT5 with Alert
    Trade The Volume Waves Single Member P.C.
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    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
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    Range Volume Hybrid Generator
    Trade The Volume Waves Single Member P.C.
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    Tick Chart Monitor
    Trade The Volume Waves Single Member P.C.
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    Trade The Volume Waves Single Member P.C.
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    Constant Volume Calculator MT4
    Trade The Volume Waves Single Member P.C.
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    Trade The Volume Waves Single Member P.C.
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    Trade The Volume Waves Single Member P.C.
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    Trade The Volume Waves Single Member P.C.
    4.82 (22)
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    Trade The Volume Waves Single Member P.C.
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    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.
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    Trade The Volume Waves Single Member P.C.
    4.94 (17)
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    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
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    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
    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
    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,
    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.
    7347
    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.
    7347
    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
    10264
    Aravind Kolanupaka 2018.10.22 22:59 
     

    Good. Better to use on higher timeframe.

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