Volume Supply and Demand Zones — Indicatore di Heavy91

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volumeprofile supportandresistance candlestick supplyzone demandzone orderblock dynamic structure pointofcontrol

Draws supply and demand zones of 3 types, based on 3 different volume threshold parameters.
The timeframe of the script is fixed (you can change it in the options), so for example it is possible to keep Daily S/D zones while looking at 1h chart.

Script protetto

Questo script è pubblicato con codice protetto, ma puoi comunque usarlo gratuitamente. Mettendolo tra i preferiti potrai applicarlo al grafico, senza però la possibilità di visualizzare o modificare il codice sorgente.

Vuoi usare questo script sui tuoi grafici?

Commenti

Hi can I haves access to the code? Thanks!

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Jb_2

@Jb_2, Amazing work btw.

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Jb_2

@Jb_2, Hello, I published the source code of my scripts on GitHub, user Heavy91

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Heavy91

@Heavy91, Thanks for sharing the code in open source!

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Thanks for sharing!

When apply on chart, it shows blue box/dots and purple box/dots. what those level does it mean exactly?
example:

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miaomiao18

@miaomiao18, I divided the zones in 3 ranges of volume (big/medium/small), each one has a different color. The purpose is trying to find where liquidity is. You can try to adjust the thresholds in settings to make them fit better the pair that you are watching.

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Heavy91

@Heavy91, I only saw 2 colors in my screenshot, what's the 3rd color(apart from blue and purple)?

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Heavy91

@Heavy91, Hey and which color stands for big, which medium and which small?

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iggyyggi86

@iggyyggi86,
big = aqua
mid = teal
small = navy

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Heavy91

@Heavy91, ok how do you utilize the meaning of these? Like if its purple what would that mean and would would be the likely move?

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