OPEN-SOURCE SCRIPT
Supply and Demand Sniper [Wagmi-lab]
Supply and Demand Sniper by Wagmi Lab
Supply and Demand Sniper is a cutting-edge TradingView indicator designed to help traders identify key supply and demand zones with precision and clarity. Built with advanced algorithms and a futuristic visual design, this tool is perfect for traders who want to stay ahead of the market by spotting high-probability trading opportunities.
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Key Features:
1. Accurate Zone Detection:
- Automatically identifies bullish demand zones(accumulation) and bearish supply zones(distribution) based on volume and price action.
- Uses pivot points and volume analysis to ensure reliable zone detection.
2. Customizable Settings:
- Adjust the length of volume pivots to fine-tune zone detection. (6 is a standard H4 timeframe tuning)
- Choose between wick-based or close-based mitigation methods for zone invalidation.
- Customize the style and width of the **average line** (solid, dashed, or dotted).
3. Real-Time Alerts:
- Receive instant alerts when new zones are formed or invalidated.
- Stay informed with notifications for **bullish demand zones**, **bearish supply zones**, and their respective mitigations.
4. User-Friendly Interface:
- Easy-to-read zones with clear visual boundaries and labels.
- Designed for both beginners and advanced traders.
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How It Works:
The indicator analyzes price action and volume to identify areas where significant buying (demand) or selling (supply) has occurred. These zones act as potential reversal points, providing traders with actionable insights for entering or exiting trades.
- Demand Zones (Green): Areas where buying pressure is likely to push prices higher.
- Supply Zones (Red): Areas where selling pressure is likely to push prices lower.
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Perfect For:
- Day Traders: Identify intraday supply and demand levels for quick, high-probability trades.
- Swing Traders: Spot key zones for longer-term price reversals.
- All Markets: Works seamlessly on forex, stocks, crypto, and commodities.
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Disclaimer: This indicator is for educational and informational purposes only. Past performance is not indicative of future results. Always trade responsibly and use proper risk management.
---
Supply and Demand Sniper is a cutting-edge TradingView indicator designed to help traders identify key supply and demand zones with precision and clarity. Built with advanced algorithms and a futuristic visual design, this tool is perfect for traders who want to stay ahead of the market by spotting high-probability trading opportunities.
---
Key Features:
1. Accurate Zone Detection:
- Automatically identifies bullish demand zones(accumulation) and bearish supply zones(distribution) based on volume and price action.
- Uses pivot points and volume analysis to ensure reliable zone detection.
2. Customizable Settings:
- Adjust the length of volume pivots to fine-tune zone detection. (6 is a standard H4 timeframe tuning)
- Choose between wick-based or close-based mitigation methods for zone invalidation.
- Customize the style and width of the **average line** (solid, dashed, or dotted).
3. Real-Time Alerts:
- Receive instant alerts when new zones are formed or invalidated.
- Stay informed with notifications for **bullish demand zones**, **bearish supply zones**, and their respective mitigations.
4. User-Friendly Interface:
- Easy-to-read zones with clear visual boundaries and labels.
- Designed for both beginners and advanced traders.
---
How It Works:
The indicator analyzes price action and volume to identify areas where significant buying (demand) or selling (supply) has occurred. These zones act as potential reversal points, providing traders with actionable insights for entering or exiting trades.
- Demand Zones (Green): Areas where buying pressure is likely to push prices higher.
- Supply Zones (Red): Areas where selling pressure is likely to push prices lower.
---
Perfect For:
- Day Traders: Identify intraday supply and demand levels for quick, high-probability trades.
- Swing Traders: Spot key zones for longer-term price reversals.
- All Markets: Works seamlessly on forex, stocks, crypto, and commodities.
---
Disclaimer: This indicator is for educational and informational purposes only. Past performance is not indicative of future results. Always trade responsibly and use proper risk management.
---
Script open-source
In pieno spirito TradingView, l'autore di questo script lo ha pubblicato open-source, in modo che i trader possano comprenderlo e verificarlo. Un saluto all'autore! È possibile utilizzarlo gratuitamente, ma il riutilizzo di questo codice in una pubblicazione è regolato dal nostro Regolamento. Per aggiungerlo al grafico, mettilo tra i preferiti.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.