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Supply and Demand Multi Timeframe Indicator

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The indicator is a multi-time frame version of the Supply and Demand indicator. It allows you to analyze the chart using the law of supply and demand on three different timeframes at the same time. You will be able to see in which price zones purchases and sales took place, and determine the most profitable places to open positions. The indicator is based on the principle of market fractality.

The zones on the chart show the places where the presence of a strong buyer or seller caused the price to turn around and change direction. There are several types of zone calculation available in the indicator. It is also possible to display fresh zones that have not yet been touched by the price. The color, type and style of the zones display can be customized according to your wishes. There is an option to show the zone width in pips, font size, line style, and color, which you can change. It is also possible to enable alerts when a zone is touched, when a new zone is formed, when a zone is broken, and when the price is found in all zones at the same time. Push notifications are also available in the Expert Advisor.

  • Print zones only after full outside bar close-display the zone only after the last bar closes outside the potential zone;
  • Show only untested zones-show only those zones that were not touched by the price;
  • Type of zone – the principle of calculating zones:
    1. StandartZones-the zone boundary is calculated based on the average value of the opening and closing prices of neighboring bars;
    2. 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;
    3. 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;
    4. CertainZoneWidth — defined zone width;
    5. 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 main TF Supply levels — color of the supply zones of the main timeframe;
  • Color of main TF Demand levels — color of the demand zones of the main timeframe;
  • Type of line of main TF zones — type of borders for the zones of the main timeframe;
  • Width of line of main TF zones — the width of the borders for the zones of the main timeframe;
  • Draw main zones with background — fill the main timeframe 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;
  • Timeframe of additional zones #1-timeframe of additional supply and demand zones #1;
  • Timeframe of additional zones #2-timeframe of additional supply and demand zones #2;
  • Color of additional TF #1 Supply levels — color of the supply zones of the additional timeframe #1;
  • Color of additional TF #1 Demand levels — color of the demand zones of the additional timeframe #1;
  • Type of line of additional TF #1 zones — type of borders for zones of additional timeframe #1;
  • Width of line of additional TF #1 zones — width of borders for zones of additional timeframe #1;
  • Color of additional TF #2 Supply levels — color of the supply zones of the additional timeframe #2;
  • Color of additional TF #2 Demand levels — color of the demand zones of the additional timeframe #2;
  • Type of line of additional TF #2 zones — type of borders for zones of additional timeframe #2;
  • Width of line of additional TF #2 zones — width of borders for zones of additional timeframe #2;
  • Draw additional zones with background — fill the zones of additional timeframes with color or not;
  • Alert when price is in zone-alert when the demand or supply zones are touched;
  • Alert only when price is in both TF zones-alert only when the price is in the zones of all timeframes;
  • Alert when new zone formed-alert when a new zone is formed;
  • Alert when zone broken by price-alert when a zone is broken by price;
  • Use Push notifications – use Push notifications.
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