This index allows you to analyze the graph with the law of supply and need. You will be able to see from which price zones purchases and sales occurred and determine the most profitable areas to open places. The indicator is based upon the principle of marketplace fractality. The zones on the chart show the places in which the existence of a solid buyer or seller caused the price to flip around and change direction. There are numerous kinds of zone calculation accessible in the indicator. The colour and screen type of the zones could be adjusted based on your wishes. There is an option to show the width of the zone in pips, the font size and color of which you can change. There is also the possibility of incorporating an alert when the area is touched, the formation of a new zone in the breakdown zone. It is possible to enable push notifications.
- Print zones only after full outside bar close-display the level only if there is no contact with the potential zone;
- Type of zone – the principle of calculating the zone;
- StandartZones-the zone boundary is calculated based on the average value of the opening and closing prices of neighboring bars;
- ZonesWithFullCandles – the zone boundary is calculated as the minimum of the bar that formed the supply zone, or the maximum of the bar that formed the demand zone, respectively;
- ZonesWithWicksOnly-the zone boundary is calculated as the highest value among the closing prices of the bar that formed the supply zone, and the lowest for the demand zone, respectively;
- CertainZoneWidth – defined zone width;
- EngulfZones-zones formed by absorption;
- Width of zone – the width of the zone in pips (used only if CertainZoneWidth is selected as Type of zone);
- Color of Supply levels – color of supply zones;
- Color of Demand levels – color of demand zones;
- Draw zones with background – fill the zones with color or not;
- Show the zone width-show the width of the zone (in pips);
- Font size of zone width display – the font size of the zone width;
- Color of zone size display-the font color of the zone width;
- Alert when price is in zone-alert when the demand or supply zones are touched;
- Alert when new zone formed-notification when a new zone is formed;
- Alert when zone broken by price-notification when the zone is broken by price;
- Use Push notifications is to use push notifications.