Demand & Supply Zones
This indicator helps to identify large moves driven by institutions.
What qualifies as a zone?
If the price moves (open to close) by more than a certain % in one candle or in a bullish / bearish run of candles, the zone is marked as a Demand or Supply zone .
0.8% is good for Crypto and Forex might be better with 0.4%. Play around with the % to match your requirements.
Active zones
A zone remains active until it is hit by the price. When it becomes inactive, the zone background becomes transparent.
Zone lines
Lines are displayed if the zone is active and within a certain % of the close. 3% is a good setting for Crypto.
A maximum of two lines are displayed for each zone type.
This indicator helps to identify large moves driven by institutions.
What qualifies as a zone?
If the price moves (open to close) by more than a certain % in one candle or in a bullish / bearish run of candles, the zone is marked as a Demand or Supply zone .
0.8% is good for Crypto and Forex might be better with 0.4%. Play around with the % to match your requirements.
Active zones
A zone remains active until it is hit by the price. When it becomes inactive, the zone background becomes transparent.
Zone lines
Lines are displayed if the zone is active and within a certain % of the close. 3% is a good setting for Crypto.
A maximum of two lines are displayed for each zone type.
Phát hành các Ghi chú:
- Use unix for x pos instead of bar index.
- Delete inactive zones first when zones are maxed.
- A little tidying up.
Phát hành các Ghi chú:
- Changed screenshot
Phát hành các Ghi chú:
- Make zone bigger when small
- A little more tidying up.
- Better screenshot with labels.
Phát hành các Ghi chú:
- Better screenshot with labels
Phát hành các Ghi chú:
- Add alerts.
- Add price labels to zone lines.
- Keep more zone data by not relying on label limitations.
Phát hành các Ghi chú:
- Added max value to inputs.
Phát hành các Ghi chú:
- Read me added.
Phát hành các Ghi chú:
- Removed readme
Phát hành các Ghi chú:
- changed defaults
Add me as a friend on Discord or email me.
Discord username: backtestbot
Email: hi@backtestbot.com
Discord username: backtestbot
Email: hi@backtestbot.com