This Supply & Demand indicator uses a unique price action detection to calculate and measures the supply & demand area.

The indicator will ensure the area are fresh and have a significant low risk zone. Our Supply Demand indicator delivers functionality previously unavailable on any trading platform.

Trading idea

1. You may set pending orders along the supply & demand area.
2. You may enter a trade directly upon price hit the specific area (after a rejection /confirm/ied).

Input parameters

• Signal - Set true to show the signal arrow.
• Bars to calculates - To choose the maximum bars to calculate the S&D area.
• Tolerance - The additional size from original size area.
• Deviation - Deviation of engulfing candle.
• Candle bear - Engulfing candle color for bear.
• Candle bull - Engulfing candle color for bull.
• Demand box - Demand area box color.
• Demand line - Demand area line color.
• Supply box - Supply area box color.
• Supply line - Supply area line color.

Feature highlights

• Marking out the Supply & Demand.
• Back test directly on chart.
• Customization of engulfing candle color.
• Customization of Supply & Demand zone color.