Supply & Demand Zones By Panda Trading
This advanced indicator automatically identifies high-probability supply and demand zones using the base-blast candle methodology. Designed for traders who utilize institutional order flow concepts, this tool helps you visualize key price levels where significant buying or selling pressure has occurred.
Key Features:
🎯 Intelligent Zone Detection
Identifies zones based on base/blast candle ratio patterns
Configurable base-to-blast ratio (default 8:1) for precision control
Wick threshold filtering to ensure quality setups
Works on any timeframe with multi-timeframe analysis support
🎨 Dynamic Color Coding
Zones automatically change color based on current price position
Green zones (demand) appear below current price
Red zones (supply) appear above current price
Visual clarity for identifying support/resistance levels
📊 Smart Zone Management
Tracks zone touches/reactions automatically
Configurable zone deletion after X touches (default: 5)
Optional zone removal after price breaks through
Limits maximum zones displayed to reduce chart clutter
⚙️ Fully Customizable
Adjustable zone colors and transparency
Border width and color settings
Show/hide demand or supply zones independently
Optional zone labels with touch counters
📈 Information Dashboard
Real-time display of active zones
Current timeframe indicator
Zone count statistics
Configuration settings overview
Perfect for swing traders, day traders, and scalpers looking to identify institutional order blocks and high-probability reversal zones
Wskaźnik Pine Script®






















