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Demand and Supply zone Master Indicator without Alert
The Demand and Supply Zone indicator helps to identify the valid demand and supply zones by removing the played out zones. This indicator looks for all patterns , Rally-Base-Rally and Drop-Base-Rally mark the zone as "DZ". Same way with pattern Drop-Base-Drop and Rally-Base-Drop it will mark "SZ".
The indicator is fully customizable as per your trading style.
What does the Indicator do ?
Normal = Aggressive Trader
Strong = Conservative Trader
V Strong = V Conservative Trader
Based on Trading style one can choose the option available. Default gives the best result.
1. Explosive candle Range : One can choose explosive candle range.
2. Basing Candle Range : One Can Choose Basing candle range.
3. Normal Candle Range : One can choose the normal candle range.
4. Legout Strength : One can customize the Legout Strength.
5. Demand and Supply zone version :
High - Low = Most traders use the high and low of the basing for calculating their zone.
Body - Low = Body (Base candle body high for demand zone and Body low for supply zone ). Normally beginner ( Conservative trader ) uses this option.
Continuous base = 1 to 10 : Based on the requirement one can use the number of basing candle.
max normal = 2 to 10 : Based on the requirement one can use the number of normal candle.
min normal = 1 to 10 : Min one to form the zone.
Line width = 1 to 5
MaxTouches = One can set the number of times the price visits the zone. 1 for Conservative trader and 3 for aggressive trader. Once the price touches the zone more than the given input, lines get deleted. Also if the price is grater that the zone value, line deletes.
Bar Lookback = How many bars to look back to check the strength of the candle. Default gives the best result.
Max Demand and Supply zones and Show all active Demand and Supply zones = One can visually see played out ( violated ) zones by unticking the Active zones option.
MaxActiveDemand and Sell Zone : One can have max number of active Demand and Supply Zones on Chart. This option looks chart clean.
The indicator is fully customizable as per your trading style.
What does the Indicator do ?
Normal = Aggressive Trader
Strong = Conservative Trader
V Strong = V Conservative Trader
Based on Trading style one can choose the option available. Default gives the best result.
1. Explosive candle Range : One can choose explosive candle range.
2. Basing Candle Range : One Can Choose Basing candle range.
3. Normal Candle Range : One can choose the normal candle range.
4. Legout Strength : One can customize the Legout Strength.
5. Demand and Supply zone version :
High - Low = Most traders use the high and low of the basing for calculating their zone.
Body - Low = Body (Base candle body high for demand zone and Body low for supply zone ). Normally beginner ( Conservative trader ) uses this option.
Continuous base = 1 to 10 : Based on the requirement one can use the number of basing candle.
max normal = 2 to 10 : Based on the requirement one can use the number of normal candle.
min normal = 1 to 10 : Min one to form the zone.
Line width = 1 to 5
MaxTouches = One can set the number of times the price visits the zone. 1 for Conservative trader and 3 for aggressive trader. Once the price touches the zone more than the given input, lines get deleted. Also if the price is grater that the zone value, line deletes.
Bar Lookback = How many bars to look back to check the strength of the candle. Default gives the best result.
Max Demand and Supply zones and Show all active Demand and Supply zones = One can visually see played out ( violated ) zones by unticking the Active zones option.
MaxActiveDemand and Sell Zone : One can have max number of active Demand and Supply Zones on Chart. This option looks chart clean.
仅限邀请脚本
只有经作者批准的用户才能访问此脚本。您需要申请并获得使用权限。该权限通常在付款后授予。如需了解更多详情，请按照以下作者的说明操作，或直接联系SupplyIsInDemand。
除非您完全信任其作者并了解脚本的工作原理，否則TradingView不建议您付费或使用脚本。您还可以在我们的社区脚本中找到免费的开源替代方案。
作者的说明
Please DM us for trial access.
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
仅限邀请脚本
只有经作者批准的用户才能访问此脚本。您需要申请并获得使用权限。该权限通常在付款后授予。如需了解更多详情，请按照以下作者的说明操作，或直接联系SupplyIsInDemand。
除非您完全信任其作者并了解脚本的工作原理，否則TradingView不建议您付费或使用脚本。您还可以在我们的社区脚本中找到免费的开源替代方案。
作者的说明
Please DM us for trial access.
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。