Demand Supply Zone Indicator

17 kwi 2020

The Demand Supply Zone indicator helps in identifying the Demand Supply zones on chart by pinpointing them. The indicator looks for patterns of Drop-Base-Rally and Rally-Base-Rally and when such pattern is available the indicator marks it as DZ ( Demand Zone ). Likewise, if the indicator finds a pattern of Rally-Base-Drop or Drop-Base-Drop the indicator marks it as SZ ( Supply Zone ). The basing candles are changed to Blue color and the Legout candle is changed to Black color.

The setting for legout strength can be customized as follows

1 – Good Legout Strength
1.5 – Strong Legout Strength
2 - Very Strong Legout Strength

The setting for number of candles in the basing can be customized from 1 to 6.

Use the link below to obtain access to this indicator.

12 paź 2020

Informacje o Wersji

The Demand Supply Zone indicator has been update to Version 2.0. New version has a lot more features added. List of all the features is provided below.

1. You can choose which patterns the indicator should identify.
2. Number of candles in basing from 1 to 6.
3. Strength of the legout.
4. Identify follow-through patterns.
5. Hide Single Legout patterns.
6. Strength of the first legout in follow through pattern.
7. Strength of the second legout in the follow through pattern.
8. Customize Basing Color
9. Customize Legout Color
10. Display Pattern Name
11. Proximal and Distal Values
12. Color customization for Demand Supply Zone Labels

13 paź 2020

Informacje o Wersji

Bug Fix

15 paź 2020

Informacje o Wersji

Bug fix for pattern identification

26 paź 2020

Informacje o Wersji

Bug Fix

17 lis 2020

Informacje o Wersji

Number of Labels increased from 50 to 500

17 lut 2021

Informacje o Wersji

Changed few default options

12 kwi 2021

Informacje o Wersji

Version 3
Automatically draws the Demand and Supply zones

15 kwi 2021

Informacje o Wersji

Bug Fix

30 kwi 2021

Informacje o Wersji

Option added to change the Proximal Distal Line Width

26 maj 2021

Informacje o Wersji

New In Version 4

1. Option to use the indicator for multiple timeframe analysis.
2. Customize Proximal Distal Line Width
3. Customize Legout color based on Drop or Rally

10 lip 2021

Informacje o Wersji

This update adds cosmetic changes to the indicator. You can now customize the color of

1. Fresh Demand Zone Border
2. Fresh Supply Zone Border
3. Tested Demand Zone Border
4. Tested Supply Zone Border
5. Fresh Demand Zone Fill Color
6. Fresh Supply Zone Fill Color
7. Tested Demand Zone Fill Color
8. Tested Supply Zone Fill Color

You can also customize the zone border width.

30 lip 2021

Informacje o Wersji

Code enhancements

3 sie 2021

Informacje o Wersji

Bug Fix - If the indicator is already applied to your chart please remove it and add it again. If the indicator name will starts with 4.2.1, you have the latest version.

4 sie 2021

Informacje o Wersji

Bug fix

4 sie 2021

Informacje o Wersji

Code optimization

5 sie 2021

Informacje o Wersji

Code optimization.

New feature to show current settings on the chart top right corner.

8 sie 2021

Informacje o Wersji

Code optimization and grouped options in indicator settings.

17 sie 2021

Informacje o Wersji

Code optimization

25 sie 2021

Informacje o Wersji

Version 4.2.5
Code optimized and a bug fix.

10 wrz 2021

Informacje o Wersji

Features Added in Version 5.0
1. Automated Curve Analysis.
2. Automated Zone Violations (recent 2 zones)

4 lis 2021

Informacje o Wersji

Curve analysis will not give error even if the zones are far back in history.

25 gru 2021

Informacje o Wersji

The following 2 new features have been added
1. Option to mark the zone using WickToWick or BodyToWick method.
2. Option to display Proximal and Distal values inside the zone.

28 lut 2022

Informacje o Wersji

Changelog:

• New Improved Algorithm for Zone Identification
  
  
• Option to select Legin method
  
  
• Zones based on GAPS

(NOTE: If you already have an active subscription, please remove the indicator from the chart and add it again to upgrade to the latest version 5.3)

13 lip 2022

Informacje o Wersji

The following feature has been added to version 5.3.2
1. Zones On Visible Chart Data
2. Auto settings for HTF, ITF, RTF

5 lis 2022

Informacje o Wersji

Now you can input custom time frames for HTF, ITF and RTF.

20 lut 2023

Informacje o Wersji

Bug Fix for Zone Violations

16 sie 2023

Informacje o Wersji

Features Added

1. Improved Algorithm.
   
2. Option to Enable/Disable Basing and Legout Candle Color.
   

19 gru 2023

Informacje o Wersji

Bug fix

17 cze 2024

Informacje o Wersji

Enhancements and bug fixes.

18 sty

Informacje o Wersji

Bug fix and indicator optimization.

18 sty

Informacje o Wersji

Indicator Optimization

29 cze

Informacje o Wersji

v6 Demand Supply Zone Indicator

The Demand-Supply Zone Indicator is a powerful tool designed to help traders identify high-probability reversal and continuation zones across any market or timeframe. Inspired by institutional trading concepts, this indicator visually highlights areas where strong buying (demand) or selling (supply) has taken place, allowing you to make better-informed trading decisions.

Key Features

Automatic Zone Detection
Detects high-quality demand (DBR, RBR) and supply (RBD, DBD) zones automatically. Supports advanced detection patterns including Gap, Regular, and Follow-Through.

Dynamic Curve Analysis
Provides the highest proximal value for demand zones and the lowest proximal value for supply zones, helping you understand price location relative to key institutional levels.

Zone Validity Management
Automatically removes zones after violation or multiple tests, ensuring your chart stays clean and up to date.

Intuitive Visualization
Zones are clearly marked with customizable colors and labels for easy identification. You can also display zone details like proximal levels and distances.

Flexible Inputs
Full control over detection patterns, zone width, and other advanced settings to match your strategy.

5 lip

Informacje o Wersji

Fixed bug in gap zone.

23 lip

Informacje o Wersji

Bug Fix for Curve

24 sie

Informacje o Wersji

Update: Bug Fix – Follow-Through Pattern

Fixed an issue where the Follow-Through pattern was incorrectly marked as Tested if the second leg-out candle touched the zone.

Now, the pattern will correctly display as Fresh, since the formation is only considered complete after the closing of the second leg-out candle.