Demand Supply Zone Indicator
$ 10.80 – $ 18.00 + 18% GST
Demand Supply Zone Indicator for TradingView
The Demand Supply Zone indicator helps in identifying the Demand Supply Zones on the chart by pinpointing them. The indicator looks for patterns of Drop-Base-Rally and Rally-Base-Rally and when such a pattern is available the indicator marks it as DZ ( Demand Zone ). Likewise, if the indicator finds a pattern of Rally-Base-Drop or Drop-Base-Drop the indicator marks it as SZ ( Supply Zone ). The basing candles are changed to Blue color and the Legout candle is changed to Black color.
The setting for legout strength can be customized as follows
1 – Good Legout Strength
1.5 – Strong Legout Strength
2 – Very Strong Legout Strength
The setting for the number of candles in the basing can be customized from 1 to 6.
NOTE: Understanding of Demand Supply Trading Methodology is required to use the Indicator effectively.
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