This indicator automatically helps you find supplies & demands using different detection methods.
Methods for classification:
i) Supply: High/Low; Demand: High/Low
ii) Supply: High/Open; Demand: Low/Open
Also in the indicator settings, you can define whether the indicator should hide the box if at least 1 tick was touched, or the indicator should display this until a complete breakout.
I would be very happy if you could enable an option like "only show zones within XX% of the current price" as it includes zones that are quite far away when displayed in auto scale and the candles are crushed.
stoja
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Is there a way for you to add alert option when supply/demand zone is formed?
MisterSpread
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Thank you for the indicator mate. In your opinion after backtesting, what is the best timeframe you use it?
Also what settings to apply so we dont have sometimes supply zones overlapping with demand zones?
Cheers
truenomic
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@MisterSpread, it's sucks for lower timeframes like 1h, but very dope for 4h+
MisterSpread
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@truenomic, Thanks for that TE, any way / setting I can apply so I dont see supply / demand zones overlapping?
Thanks again.
Mevltt
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Thank you so much ! You did perfectly bro 👏
PlainView
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Great one! Saves time ;) I think it can be really useful to be able to set multiple timeframes or to point to a specific timeframe so multiple instances of the indicator can be loaded to identify intersected supply/demand areas.