This indicator will automatically plot support and resistance levels and will also allow you to overlay multi time frame support and resistance on any time frame that you are currently conducting analysis on. In addition you can also set alerts when a support and resistance level is tested, fine tune how many levels you would like to view on your charts, option to...
* XPACE INDICATOR * The XPace indicator represents a histogram view of the Tape Speed of the Floor. The Tape Speed (aka Pace) is represented as red and green bars drawn in a histogram view. As the red histogram bars grow larger and increase in frequency, this shows that the BIDS are in kontrol at that time. And conversely, when the green histogram bars grow...
* XKONTROL INDICATOR * Is a visual representation of who is in Kontrol relative to the Tape Speed of the Floor. The XKontrol indicator will show you who is in Kontrol, the BIDS or the OFFERS. This is a very powerful indicator. Great for long term plays and a *SCALPERS* paradise. * WHAT THE SCRIPT DOES * The XKontrol indicator reads the BIDS Being hit and the...
This indicator is created to find the imbalances when a market exchange receives too many of one kind of order—buy, sell, limit—and not enough of the order's counterpoint and price shoots up or down and it left with unfilled orders. If you know how to trade the imbalances, this indicator can help you by find imbalances automatically.
This indicator is created to find the imbalances when a market exchange receives too many of one kind of order—buy, sell, limit—and not enough of the order's counterpoint. If you know how to trade the imbalances, this indicator can help you by find imbalances automatically.
The OrderBlocks indicator is used to find the supply and demand zones that represent the support and resistance. What it is Demand Zone? A demand zone is the price area at which the traders usually buy. This area is present below the current price, where the highest buying interest or potential. This means the demand zone has many buyers available due to many...
Supply and Demand - Order Block - Energy Candles Description An experimental script, designed as a visual aid, to highlight the last up or down candle before a fractal break. We can assume these candles where the point of origin that generated enough strength to break recent structure. By using them as reference points, traders are expected to follow their...
Change of Character (CHOCH) - Market Structure Break (MSB) for Supply & Demand Description The script is designed as a confirmation entry tool to be used with supply and demand zones (predefined proximal and distal levels). When price hits a predefined level it will monitor price action using fractals and an algorithm to determine a potential reversal in...
This is a supply and demand indicator based on structural pivot points. Everytime a pivot high/low is broken, it will plot the recent wicks of the candle that caused the break of pivot stucture and the one before it. This is know as a 'stall' before an explosive move. Indicator Settings: Filled type - is zone filled once price closes away from it or if wick...
This is a modification of a script by RobMinty, "FXN - Asian Session Range" The script provides functionality to track specific trading sessions based on user preference rather than just the market sessions open and close. The idea is to help you hold yourself accountable to your specific trading times as well as backtest various marketing timings suitable to your...
Supply, Demand and Equilibrium Zones, Interactive The law of supply and demand is a theory that explains the interaction between the sellers of an asset and the buyers for that asset. The theory defines the relationship between the price of a given asset and the willingness of traders to either buy or sell it. Generally, as price increases, traders are willing...
This Day Trading Indicator applies the use of multiple techniques designed to maximize profits and trade success probability while utilizing proprietary mathematical techniques to calculate specific high probability Pivot Points, Break of Structure, Supply and Demand, previous days High and Low, Liquidity Hunts, Dynamic Trend Lines and Fibonacci Discount Zones....
Hello Traders, This is one that I've been working on a very, Very long time. As easy as it is to draw after the fact, as someone well versed in Supply and Demand; it's a bit more difficult to create all the calculations to show them, code them out, and then I went a step further — attempting to predict future ones as well. Let's talk about what Supply & Demand...
This indicator automatically helps you find supplies & demands using different detection methods. Methods for classification: i) Supply: High/Low; Demand: High/Low ii) Supply: High/Open; Demand: Low/Open Also in the indicator settings, you can define whether the indicator should hide the box if at least 1 tick was touched, or the indicator should...
Lines plotted for the Low and High of the region of price that was Overbought or Oversold (Low of the candle that became overbought and highest high in the Overbought period) (High of the candle that became oversold and highest high in the Oversold period) I like to use the dotted lines as pivot points for the reversal of the trend, and also pay attention to...
OVERVIEW The supply and demand zone indicator shows real-time supply and demand zones on the chart. It also plots a table including the high and low values of the zones. The last row of the table also shows the daily trend in the market. CONCEPTS What is Supply & Demand? Supply and Demand represent the two most powerful forces of the forex market. Demand...
This should easily find the clear BUY to SELL / SELL to BUY candles with imbalance created. There are options to change the Supply and Demand / OrderBlock CREATION based off the OPEN or WICK imbalance and also the option to DRAW the zones from the OPEN or the WICK. Will also draw HTF zones with options to change the colour of zones when price has mitigated these...
MarketReader_Strategy is a very useful and advanced indicator: - It draws buying (green) and selling (orange) zone . -Once the buying or selling zone is tapped, the color is automatically changed to grey -It shows liquidity pool ($$$) engineered by market behaviour Buying or selling area are determined by an algorithm that combines volume profile,...