Demand Supply Indicator With Alerts

The Demand Supply Zone indicator with Alerts helps in identifying the Demand Supply zones on chart by pinpointing them.

The indicator looks for Demand Zone patterns, Drop-Base-Rally or Rally-Base-Rally, when such pattern is identified the indicator marks it on the chart. Likewise, if the indicator identifies Supply Zone patterns, Rally-Base-Drop or Drop-Base-Drop the indicator marks it as Supply Zone. The basing candles are changed to Blue color and the Legout candles are changed to Black color by default.

Using the Demand Supply Zone Indicator with Alerts you can also set Alerts on your favourite scripts and timeframes, to get notification when Demand Supply Zones are formed.

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. Display Proximal and Distal Values
12. Color customization for Demand Supply Zone Labels
13. Set Alerts based on Demand Supply Zone formation

To set Alerts follow the steps provided below.

1. Go to the symbol chart and select the timeframe on which you want to set Alerts.
2. Select Alerts Tab and click on Create Alert, shortcut key Alt+A
3. In Condition Select, Demand Supply Indicator With Alerts
4. In Options, select Once Per Bar Close
5. Select expiry as per your preference or keep it open-ended
6. Select Alerts Actions as per your preference
7. Alert name is optional
8. Default message is “Zone Alert” and can be modified
9. Click on Create and in the warning window select Continue Anyway

Once you have active alert, you will keep getting notification whenever a Demand/Supply zone in identified on the symbol and time frame you selected.

Use the link below to obtain access to this indicator.

Note di rilascio:

Changed default options.

Note di rilascio:

Version 3
Automatically draws the Demand and Supply zones

Note di rilascio:

Bug Fix

Note di rilascio:

Option added to change the Proximal Distal Line Width

Note di rilascio:

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

Note di rilascio:

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.

Note di rilascio:

Code enhancement

Note di rilascio:

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

Note di rilascio:

Bug fix

Note di rilascio:

Code optimization

Note di rilascio:

Code optimization.

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

Note di rilascio:

Code optimization and grouped options in indicator settings.

Note di rilascio:

Code Optimization

Note di rilascio:

Version 4.2.5
Code optimized and a bug fix.

Note di rilascio:

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

Note di rilascio:

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

Note di rilascio:

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.

Note di rilascio:

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)

Note di rilascio:

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

Note di rilascio:

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

Note di rilascio:

Alerts functionality fixed.

Note di rilascio:

"Plot Zones Only On Visible Chart Data" functionality restored

Note di rilascio:

Bug Fix for Zone Violations

Note di rilascio:

Features Added

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

Note di rilascio:

Bug fix