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Basic Supply Demand MT5

4.89

Basic supply demand indicator is a powerful tool designed to enhance your market analysis and help you identify key areas of opportunity on any chart. With an intuitive and easy-to-use interface, this free Metatrader indicator gives you a clear view of supply and demand zones, allowing you to make more informed and accurate trading decisions / Free MT4 version

Dashboard Scanner for this indicator: (Basic Supply Demand Dashboard)


Features

  • The indicator automatically scans the chart for supply and demand zones, eliminating the need for tedious manual analysis
  • Graphical display of remaining distance to the nearest supply and demand zones
  • Supply zones are highlighted in one distinctive color, while demand zones are shown in another, facilitating quick and accurate interpretation
  • The indicator automatically calculates the distance in pips between the nearest supply or demand zones and the current price on the chart, giving you a clear and quantifiable reference. The distances in pips are displayed clearly and legibly on the chart, allowing you to quickly identify the areas that have a greater or lesser distance from the current price
  • Alerts on approaching or breaking supply and demand zones
  • Works in any timeframe
  • Choose between a dark or light theme for a customized graph display

How to use it

It is recommended to use the M1 and M5 timeframes. Watch the video below to understand how it works.



Reviews 20
gnanos123
725
gnanos123 2024.09.11 14:22 
 

The best

Roopesh R
71
Roopesh R 2024.09.09 18:20 
 

Has to be the best supply demand indicator......any supply/demand created on lower time is visible on all time frames and it happens in real time and not after the price has moved away significantly from your entry, of course you have to use other confluences for entry, for example during a heavy sell off, any demand zone created would likely be decimated and vice versa....I use AT trailing stop loss to determine the direction on smaller time frame as for day trading, we are looking for quick entries and exits....only use this for entries to confirm ur bias, as any supply/demand can fail easily depending on market conditions......kudos to the developer, this indicator is a life saver and makes analysis and entries and exits, much much easier.....

Nisaba707
97
Nisaba707 2024.08.25 22:03 
 

very helpful in supply & demand strategy

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gnanos123
725
gnanos123 2024.09.11 14:22 
 

The best

Roopesh R
71
Roopesh R 2024.09.09 18:20 
 

Has to be the best supply demand indicator......any supply/demand created on lower time is visible on all time frames and it happens in real time and not after the price has moved away significantly from your entry, of course you have to use other confluences for entry, for example during a heavy sell off, any demand zone created would likely be decimated and vice versa....I use AT trailing stop loss to determine the direction on smaller time frame as for day trading, we are looking for quick entries and exits....only use this for entries to confirm ur bias, as any supply/demand can fail easily depending on market conditions......kudos to the developer, this indicator is a life saver and makes analysis and entries and exits, much much easier.....

Nisaba707
97
Nisaba707 2024.08.25 22:03 
 

very helpful in supply & demand strategy

mohammadengineer anas
27
mohammadengineer anas 2024.08.22 16:00 
 

great indicator dear we want MQL5 code of this indicator we want to convert it into EA Please

UNOHU
16
UNOHU 2024.08.22 09:26 
 

Hello Team Thanks for Beautiful indicator . . . i'm color bling and i can not identify red color so i always change candle color as per my doctor advice kindly try to provide candle color change option . . . i tried to change candle color and save that template but it did not work Kindly add Candle color change option . . . thanks and regards

Mehran Sepah Mansoor
110020
Reply from developer Mehran Sepah Mansoor 2024.08.26 00:26
Hi, We will definitely consider this in the following updates.
Patrice Assi
68
Patrice Assi 2024.08.05 13:55 
 

Very good!!! Thank you.

Semih Uzuner
19
Semih Uzuner 2024.07.31 15:15 
 

User didn't leave any comment to the rating

Waddah Abdaljabbar Haik
333
Waddah Abdaljabbar Haik 2024.07.29 05:29 
 

Very excellent. We wish you success in your work. Thank you. I expect the next version to be better in terms of results. We will look into it.

BobChip
62
BobChip 2024.07.06 01:43 
 

User didn't leave any comment to the rating

Daniel Bosy
109
Daniel Bosy 2024.07.03 12:19 
 

User didn't leave any comment to the rating

Hueyboy
14
Hueyboy 2024.07.02 18:03 
 

the scalping mode is quite good & accurate. how about the long term trade mode, how's its accuracy? it's not available in the fee version. has anybody here tried it? thanks

Cynthia211
46
Cynthia211 2024.06.18 16:42 
 

nice!!!

Vns Oktora
188
Vns Oktora 2024.06.17 02:52 
 

Good indicator, thanks for making it free.

Haris Abdu Sahid
116
Haris Abdu Sahid 2024.06.08 12:46 
 

Good

Seth Tetteh
1364
Seth Tetteh 2024.04.25 11:58 
 

that fine

tariqm2202
31
tariqm2202 2024.04.24 13:20 
 

Very happy with the indocator. Good result.

vnm221
24
vnm221 2024.03.19 13:21 
 

OK

mariomorais
46
mariomorais 2024.03.02 12:44 
 

User didn't leave any comment to the rating

Flaviona
104
Flaviona 2024.02.26 16:24 
 

Good undicator

152531577
14
152531577 2024.02.18 05:57 
 

Buenos indicadores gratuitos, me ayudarán en mi trade, solo una pregunta cómo podré instalarlo en XM

12
Reply to review
Version 1.13 2024.09.22
- Customizable Graphical Settings added
Version 1.11 2024.06.16
- Improve Performance
Version 1.10 2024.04.23
- updated log
- fixed reported bugs