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Flosoft Supply Demand MT5

49 USD

Demo downloaded: 88

Published: 23 February 2022

Current version: 1.7

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Overview
Reviews (4)
Comments (5)
What's new

Flosoft Supply Demand MT5

Indicators
Jan Flodin
Version: 1.7
Updated: 22 January 2024
Activations: 10

Among the top indicators offered here on the market in terms of value for money.

I recommend you to read the product's blog (manual) from start to end so that it is clear from the beginning what the indicator offers.

This supply and demand zone indicator draws the zones on the chart and sends alerts when the price has reached or broken a zone. It has support for one nested zones (zones on one other time frame than the current) which will also be drawn on the chart and involve alerts. It is also possible to use it to be alerted about regular double tops/bottoms instead of zones. RSI, Bollinger bands, volume, candle pattern and divergence filters can be used to filter out only the strongest setups. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system.

Features

Can show nested zones and send alerts about them as well.
Reverse breakout logic from zone based on Hull moving average color change and/or 5 different candle patterns (pin bar, engulfing, tweezer, morning/evening star and three line strike). An alert will be sent and an arrow drawn on the chart.
The zones have 3 colors (adjustable by input). Dark color for untested zone, medium for tested zone and light for broken zone.
The price of the zone outer border as well as the amount of zone test are written at each zone.
The following divergences are supported: MACD, OsMA, RSI, CCI, Stochastics and Awesome.
The indicator can write the signals to global variables which can be used by an Expert Advisor for auto trading.

Input parameters

Please find the description and explanation of the input parameters here.

more...

524

Poller 54 2023.12.03 02:26 #

Very useful indicator. Easy to spot supply and demand zones in the main window. Using it for scalping. Well working, even in the 1M Timeframe. Highly recommended, for that price!

899

Johan Julien Aubry 2023.02.12 11:39 #

Powerfull indicator, very cheap and with a lot of possibilities to customise settings. Can be used for entry points or to confirm other entries. Well documented and EA compatible. Jan is really helpful and very reactive. I totally recommend this product!

693

cubetrader33 2022.11.08 02:28 #

Best demand and supply indicator, recommended 100 %. For what it does the price is too low.

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This indicator draws supply and demand zones on the chart. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. Please also check out the paid version which offers much more. My recommendation is to look for trading opportunities where the first zone test occurs after at least 25 bars. Features The zones have 3 colors (adjustable by input). Dark color for untested zone, medium for tested zone and light for broken zone . The p

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Please if possible consider buying the MT5 version which at the moment offers more functionaIity . I also recommend you to read the product's blog (manual) from start to end so that it is clear from the beginning what the EA offers. This Expert advisor's (EA) main strategy is to place trades when 3 moving averages (MA) are in consecutive alignment and at a certain distance from each other (it can be used for instance for a not very well known strategy used by some institutional traders, whic

59 USD

The indicator identifies when a divergence occurs between price and an indicator or oscillator. It identifies bullish and bearish hidden or regular (classical) divergences. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. Features Can detect divergences for the following indicators/oscillators: MACD, OsMA (Moving average of Oscillator), Stochastics, RSI, CCI, RVI, Awesome (AO), ADX, ATR, OBV, MFI, Momentum and Composit

FREE

I recommend you to read the product's blog (manual) from start to end so that it is clear from the beginning what the indicator offers. This multi time frame and multi symbol indicator scans for Pin bars, Morning/evening stars, Engulfings, Tweezers, Three Line Strikes, Inside bars and Pennants and Triangles. The indicator can also be used in single chart mode. Please read more about this option in the product's blog . Combined with your own rules and techniques, this indicator will allow

49 USD

This indicator can send alerts when a Heiken Ashi Smoothed color change occurs. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. Features Can send all types of alerts. Option to delay the alert one bar in order to confirm the color (trend) change. Input parameters Wait for candle close: 'true' or 'false'. Setting it to 'true' will delay the alert to the opening of the bar following the bar where the color change occurred.

FREE

I recommend you to read the product's blog (manual) from start to end so that it is clear from the beginning what the indicator offers. The indicator identifies when a divergence occurs between price and an oscillator/indicator. It identifies both regular and hidden divergences. It has a RSI, Bollinger Bands and ATR filter options which makes it possible to filter out only the strongest setups. The indicator also offers options to wait for an Engulfing formation, Donchian channel breakout,

59 USD

I recommend you to read the product's blog (manual) from start to end so that it is clear from the beginning what the EA offers. This Expert Advisor identifies when a divergence occurs between price and an oscillator/indicator. It identifies both regular/classical (trend reversal) and hidden (trend continuation) divergences. It has supply/demand zone, RSI, bollinger, stochastics, moving average (regular MA and Hull MA), ADX and volume filter options which makes it possible to filter out only

59 USD

I recommend you to read the product's blog (manual) from start to end so that it is clear from the beginning what the indicactor offers. This multi time frame and multi symbol indicator identifies double or triple top/bottom formations or a following neckline breakout (confirmed top/bottom). It offers filters for RSI overbought/oversold, candle patterns (pin bar, engulfing, tweezer, morning/evening star, three line strike) and divergences (MACD, OsMA, Awesome (AO), RSI, CCI, Stochastic) whic

39 USD

I recommend you to read the product's blog (manual) from start to end so that it is clear from the beginning what the indicactor offers. This multi time frame and multi symbol indicator identifies double or triple top/bottom formations or a following neckline breakout (confirmed top/bottom). It offers RSI, pin bar, engulfing, tweezer, morning/evening star filters as well divergence filter options which makes it possible to filter out only the strongest setups. The indicator can also be used

39 USD

This multi time frame and multi symbol indicator scans for pin bars. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. Features Can monitor all symbols visible in your Market Watch window at the same time. Apply the indicator to just one chart and instantly monitor the entire market. Can monitors every time frame, from M1 to MN, and sends you a real-time alert when a pin bar is identified. All Metatrader native alert types

30 USD

This multi time frame and multi symbol indicator identifies fractals patterns. As a bonus it can also scan for Parabolic SAR (pSAR) trend changes. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. Features Can monitor all symbols visible in your Market Watch window at the same time. Apply the indicator to just one chart and instantly monitor the entire market. Can monitor every time frame, from M1 to MN, and sends you a re

30 USD

This multi time frame and multi symbol indicator identifies high-probability breakout patterns. It does this by identifying strong, symmetrical pennants and triangles. This pattern DOES NOT appear very often on higher time frames. But when it does, it is a very high-probability setup. The indicator also includes an Inside bars scanner. It can for example be used to detect a special type of Inside bars formation which is formed by a Master candle (MC) followed by 4 inside candles (please see the

30 USD

Features This is an indicator that recognizes a special type of Inside Bar formation which is formed by a Master candle followed by 4 smaller candles (please see the strategy explanation below). Plots buy/sell stop lines on the chart as well as well as take profit and stop loss levels. The TP/SL levels are based on the Average True Range (ATR) indicator. Object colors are changeable. Sends you a real-time alert when a Master candle formation is identified - sound / pop-up / email / push notifica

10 USD

30 USD

I recommend you to read the product's blog (manual) from start to end so that it is clear from the beginning what the indicator offers. This multi time frame and multi symbol indicator scans for engulfing and tweezer formations. The indicator can also be used in single chart mode. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. Features Can monitor all symbols visible in your Market Watch window at the same time. Ap

30 USD

This multi time frame and multi symbol indicator scans for Pin bars, Morning/Evening stars, Engulfings, Tweezers, Three line strikes, Inside bars and Pennants and Triangles. The indicator can also be used in single chart mode. Please read more about this option in the product's blog . Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. Features Can monitor all symbols visible in your Market Watch window at the same time. App

49 USD

I recommend you to read the product's blog (manual) from start to end so that it is clear from the beginning what the indicator offers. This multi symbol and multi time frame indicator scans for the following candlestick patterns (please see screenshot for explanation of the patterns): Three white soldiers (reversal>continuation pattern) Three black crows (reversal>continuation pattern) Bullish and bearish Three line strike (reversal pattern) The patterns do not appear very often on higher

30 USD

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1977

ZERO9898.Tom KC Wang 2024.01.25 12:24 #

User didn't leave any comment to the rating

524

Poller 54 2023.12.03 02:26 #

Very useful indicator. Easy to spot supply and demand zones in the main window. Using it for scalping. Well working, even in the 1M Timeframe. Highly recommended, for that price!

899

Johan Julien Aubry 2023.02.12 11:39 #

693

cubetrader33 2022.11.08 02:28 #

Best demand and supply indicator, recommended 100 %. For what it does the price is too low.

Version 1.7 2024.01.22

*** IMPORTANT - Please always make a backup of the existing indicator (the .ex5 file) before you make the update ***

This is not a mandatory update. Please only update if you are experiencing problems with the indicator after the new Metatrader build 4150

Version 1.6 2023.04.21

*** IMPORTANT - Please always make a backup of the existing indicator (the .ex5 file) before you make the update ***

Change log:
- various bug fixes in the divergence detection mechanism
- added Three line strike to the list of candle patterns
- fixed an issue with the morning/evening star candle patter scanning
- added Bollinger bands filter as an alternative to RSI
- added a new type of alert when price is close to (approaching) a zone. ATR or points can be used as offset value

Version 1.5 2023.04.06

*** IMPORTANT - please always make a backup of the existing indicator (the .ex5 file) before you make an update ***

Change log:
- fixed an issue with the drawing of trend lines when supply/demand was disabled (regular top/bottoms only)

Version 1.4 2023.02.11

*** IMPORTANT - please always make a backup of the existing indicator (the .ex5 file) before you make an update ***

Change log:
- bug fixe

Version 1.3 2023.02.07

*** IMPORTANT - please always make a backup of the existing indicator (the .ex5 file) before you make an update ***

Change log:
- various bug fixes

Version 1.2 2023.02.06

*** IMPORTANT - please always make a backup of the existing indicator (the .ex5 file) before you make an update ***

Change log:
- added support for one nested zone (zone on other time frame than the current)
- added reverse breakout logic from zone based on Hull moving average color change and/or 4 different candle patterns. An alert will be sent and an arrow drawn on the chart
- removed the non functional option to use the RSI filter on the second extremum (at zone test)
- price raised from $30 to $49

Version 1.1 2022.02.23

- bug fix