Supply and Demand MTFs
- Индикаторы
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Mohammed Zakana Al Mallouk
For the last several years, I have combined my operational background with a passion for algorithmic trading. As an MQL5 author and developer, I focus on creating robust, high-performance Expert Advisors—most notably the “XAUUSD Supreme Scalper” series. My EAs are designed to scalp gold on the - Версия: 1.0
- Активации: 5
Overview
Supply & Demand (MTF) v1.00 is a MetaTrader 5 indicator that automatically identifies and draws key supply and demand zones from up to three timeframes on your current chart. Supply zones mark areas where selling pressure was strong; demand zones mark areas where buying pressure was strong.
Features
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Multi-timeframe detection
Scan the current chart plus two higher timeframes for zones. -
Candle-strength filter
Require a configurable number of strong candles to confirm each zone. -
Adjustable lookback
Choose Long, Medium or Short scan windows (1250 / 500 / 150 bars). -
Zone limits
Cap the number of supply or demand zones per side and timeframe. -
Automatic invalidation
Optionally hide zones when price breaks them by wick or by close. -
Active-only mode
Show only unbroken zones when enabled. -
Custom styling
Assign separate colors for demand and supply on each timeframe. -
Performance-optimized
Efficient data retrieval and minimal chart objects.
Inputs
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LookbackDepth (Long / Medium / Short) – Bars to scan on each timeframe
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MomentumSpan (integer) – Bars used to assess candle-body strength
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MinStrongCandles (integer) – Minimum strong-candle count to form a zone
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StrongCandleFactor (decimal) – Body size ≥ factor × 20-bar average body
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MaxZonesPerSide (1 / 3 / 5 / 30) – Maximum zones per side per timeframe
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ShowOnlyActiveZones (true / false) – Hide invalidated zones when true
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InvalidateMethod (By Wick / By Close) – Choose break criterion
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UseTF1–UseTF3 (true / false) – Enable detection for each timeframe slot
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TF1–TF3 (timeframe) – Select PERIOD_CURRENT, M5, H1, H4, etc.
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DemandColor_TF1–TF3 / SupplyColor_TF1–TF3 – Zone fill colors
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DebugMode (true / false) – Output diagnostic messages to the Experts log
How to Use
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Attach the indicator to any chart.
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Enable TF1–TF3 and select your scan timeframes.
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Set LookbackDepth, MomentumSpan, MinStrongCandles and StrongCandleFactor.
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Define MaxZonesPerSide, ShowOnlyActiveZones and InvalidateMethod.
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Choose your demand and supply colors for each timeframe.
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Observe zones appear, refresh and invalidate automatically.
Disclaimer
This indicator is provided for analytical purposes only. It does not guarantee trading signals or results.
