• 概述
  • 评论 (3)
  • 评论 (17)
  • 新特性

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 but with exceptional future of WEIGHTED VOLUME.

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

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 occurs
  • 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.  
  • Weight_All_Bars: true/false - If set to true the algorithm will weighted volume considering all bars on chart, if set to false only the numbers of bars specified on "Weight_Specific_Bars" parameters will be considered.
  • Weight_Specific Bars: the number of bars that will be considered for the weighted volume calculation.   



    Alert Parameters

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

    Current candle must close in order to provide the alert

    评论 3
    forix7
    467
    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)

    Aravind
    6170
    Aravind 2018.10.22 22:59 
     

    Good. Better to use on higher timeframe.

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    筛选:
    forix7
    467
    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
    6170
    Aravind 2018.10.22 22:59 
     

    Good. Better to use on higher timeframe.

    版本 2.8 2020.09.07
    Updated Weighted Volume Algorithm
    版本 2.7 2020.07.07
    Added Show No Demand and/or Show No Supply option on price chart
    版本 2.6 2019.09.20
    Added Engulfing Candle Filter + added Push Notification
    版本 2.5 2019.09.19
    Added Daylight Savings
    版本 2.4 2019.09.18
    Adjusted weighted volume and added all bars weight
    版本 2.3 2019.07.29
    New Algorithm for Weighted Volume and Adjustable Bars Back for weight calculations
    版本 2.2 2018.11.14
    Adjusted weighted volume for JPY pairs
    版本 2.1 2018.11.14
    Fixed a bug on weighted volume.
    版本 2.0 2018.11.12
    Added an option to weight volume or not.
    Weight Volume Parameters - Weight Volume According to Sessions London-US-Asia
    Weighted Volume: true/false - Weights volume of different sessions taking into consideration that when London and US are operating at same time have 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.
    版本 1.1 2018.08.27
    Fixed a bug on the alert functions that was missing some signals.