OPEN-SOURCE SCRIPT
Demand & Supply Zones [eyes20xx]
Atualizado
Demand & Supply Zones
This indicator helps to identify large moves driven by institutions.
What qualifies as a zone?
If the price moves (open to close) by more than a certain % in one candle or in a bullish / bearish run of candles, the zone is marked as a Demand or Supply zone .
0.8% is good for Crypto and Forex might be better with 0.4%. Play around with the % to match your requirements.
Active zones
A zone remains active until it is hit by the price. When it becomes inactive, the zone background becomes transparent.
Zone lines
Lines are displayed if the zone is active and within a certain % of the close. 3% is a good setting for Crypto.
A maximum of two lines are displayed for each zone type.
This indicator helps to identify large moves driven by institutions.
What qualifies as a zone?
If the price moves (open to close) by more than a certain % in one candle or in a bullish / bearish run of candles, the zone is marked as a Demand or Supply zone .
0.8% is good for Crypto and Forex might be better with 0.4%. Play around with the % to match your requirements.
Active zones
A zone remains active until it is hit by the price. When it becomes inactive, the zone background becomes transparent.
Zone lines
Lines are displayed if the zone is active and within a certain % of the close. 3% is a good setting for Crypto.
A maximum of two lines are displayed for each zone type.
Notas de Lançamento
- Use unix for x pos instead of bar index.
- Delete inactive zones first when zones are maxed.
- A little tidying up.
Notas de Lançamento
- Changed screenshot
Notas de Lançamento
- Make zone bigger when small
- A little more tidying up.
- Better screenshot with labels.
Notas de Lançamento
- Better screenshot with labels
Notas de Lançamento
- Add alerts.
- Add price labels to zone lines.
- Keep more zone data by not relying on label limitations.
Notas de Lançamento
- Added max value to inputs.
Notas de Lançamento
- Read me added.
Notas de Lançamento
- Removed readme
Notas de Lançamento
- changed defaults
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Email: hi@backtestbot.com
Aviso legal
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