The Supply and Demand with Swap zones MTF indicator is an improved and modified version of the Supply and Demand Multi Timeframe Indicator, which allows you to analyze the chart using the law of supply and demand on three timeframes simultaneously. In this version, the so-called “flip” zones (Swap) are added – those areas that were broken by the price, but still have strength. The most significant areas on the chart will be the” clashes ” of zones in which a fresh demand zone and a reversal zone are formed. There are several types of alerts available in the indicator, including PUSH notifications. You can also customize the types of zones that are displayed, including the thickness and color of the zones. In the options, you can choose different types of zone calculations, including those formed by the absorption pattern.
- 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;
- Show only Swap zones-select only Swap zones
- Type of zone – the principle of calculating zones:
- 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 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 — the type of borders for the zones of the main timeframe;
- Width of line of main TF — 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 — the width of the borders for the zones of the additional timeframe #1;
- Color of additional TF #2 Supply levels — color of the supply zones of the additional timeframe #2;
- Colour 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 — the width of the borders for the zones of the 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 all TF zones-alert only when price is in zones of all timeframes;
- Alert when price is in Swap zone-alert when the Swap zones of demand or supply are touched;
- Alert only when price is in all TF Swap zones-alert only when the price is in the Swap zones of all timeframes;
- Alert when new zone formed-alert when a new zone is formed;
- Alert when new Swap zone formed-alert when a new Swap zone is formed;
- Alert when zone broken by price-alert when a zone is broken by price;
- Alert when Swap zone broken by price-alert when the Swap zone is broken by price;
- Use Push notifications – use Push notifications.