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Supply And Demand Zones Detector

2.67

This indicator scanning thorough the history and drawing horizontal rays on all bars untested lows and highs.

Fresh supply/demand zones and support/resistance levels will be marked down.

It allows to be sure that certain levels is fresh and has not been tested yet.

Usually after strong departure price is not retesting base immediately and leaving unfilled orders. 

There is no inputs, so indicator is ready to go.

Version for MT5 is also available here: https://www.mql5.com/en/market/product/30841

Version 1.1 - 2018.09.18

Fixed repainting issues 

Previously drawn levels can be deleted by pressing <c> key

Reviews 3
pete080368
1004
pete080368 2021.04.05 07:42 
 

Works perfectly. Use it on higher timeframes if you want to trade in lower timeframes.

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This utility allows to quickly scan markets on different timeframes without dragging symbols from Market Watch. It supports multi timeframe analysis, ie. 3 different timeframes can be scanned. Additionally, it saves objects drawn of chart to file and synchronize its between other windows. Also, this utility will automatically save all objects and drawing to a file and restore when switching back; also template will be loaded on other charts, too. The watchlist is based on instruments listed on M
Description: Please tick "Show object descriptions" in chart properties to enable hrays views That utility converts a trendline into a horizontal ray known as tool for drawing supply and demand zones. Simply create a trendline on a chart and once selected, it will get converted. Ray remains horizontal while dragging.  Quick ray plot: press "R" key to create horizontal ray. It will be snapped to the nearest OHLC value Further versions will be improved. For feature request please post new c
This indicator scanning thorough the history and drawing horizontal rays on all bars untested lows and highs. Fresh supply/demand zones and support/resistance levels will be marked down. It allows to be sure that certain levels is fresh and has not been tested yet. Usually after strong departure price is not retesting base immediately and leaving unfilled orders.  There is no inputs, so indicator is ready to go.
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Thomas Bradley Butler
30517
Thomas Bradley Butler 2021.04.09 04:37 
 

Too many levels, becomes confusing and it recalculates even when to false. Changing time frames and then back will recalculate.

pete080368
1004
pete080368 2021.04.05 07:42 
 

Works perfectly. Use it on higher timeframes if you want to trade in lower timeframes.

8601567
779
8601567 2021.01.06 16:25 
 

Make sure you rent this first before you give away 50 bucks.

Reply to review
Version 1.4 2019.03.13
New input:

deleteLevelsOnSwitch - if true, levels will be removed once symbol or timeframes has changed. So if a top-down analysis ( for example MN > W1 > D1) then its value must be set as false. Note, that true is a default value.

New feature:

price at a level is always displayed
improved license management - if demo version detects other market than AUDNZD indicator will be unloaded with a warning alert
pressing <c> key will remove all levels on a current chart
Version 1.1 2018.09.18
Fixed repainting issues
Previously drawn levels can be deleted by pressing <c> key