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Supply Demand Indicator by ZonePro

65 USD

Demo downloaded: 40

Published: 6 July 2023

Current version: 2.0

Supply Demand Indicator by ZonePro

Name: Supply Demand Indicator by ZonePro
Price: 65.00 USD
Rating: 5 (4 reviews)
Author: Gabor Bocsak

Indicators
Gabor Bocsak
Version: 2.0
Updated: 20 March 2024
Activations: 10

A laser sharp and very affordable indicator FOR BEGINNERS AND EXPERTS ALSO AND YOU CAN TRADE THE ZONE BY SIMPLY PRESSING IT!

Draws fresh, tested, broken, old, and nested zones up to 3 higher timeframes, and sends Alerts if the zones are touched , entered , or broken, or reversal candle is leaving the zone! NO REPAINT!

After purchase leave a comment and i will send you the user manual and EA designed for the indicator

This indicator is using multitimeframe data and chart interaction events so BACKTEST is NOT possible!

It is highly appriciated if you write a review after using the product!

USER MANUAL :https://www.mql5.com/en/blogs/post/755896 for the SUPPLY DEMAND indicator!

SETUP :https://www.mql5.com/en/blogs/post/756792 For the expert advisor!

USER MANUAL :https://www.mql5.com/en/blogs/post/756806 For the expert advisor!

This indicator is using multitimeframe data and chart interaction events so BACKTEST is NOT possible!

Zone info:

Pip size
if the zone is nested in a higher timeframe
if the zone is tested and how many times

Trend panel (top left) :

Shows you the time
Time until next candle
Overall trend
Short term trend direction
Distance since trend started
How many zones are broken

If you switch on the alert button you recive alerts when the trend is changing!( alert buttons have to be on on the aleret panel!)

Alert panel (bottom right) :

Pop up , email, push notifications,
Zone alert types to choose
If higher timeframe is turned on the info label can be switched on and off

Important levels:

Daily open line
Asian market high/low
Yesterdays high/low
Adr high/low
Zonepro trendline

Zones :

Fresh zone : light color
tested zone : dark color
Broken / Old zone :grey color ( the broken zone is shown fore 5 more candles )

Settings :

Timeframes to use:

How many higher timframes you would like to see

Color theme:

Set your preference: Light or Dark

Zone sensitivity:

Sensitive : No higher high or lower low candle needed to create a zone .
Regular : Less zones : need a 1 higher high bullish / lower low bearish candle formed before zone is created
Conservative: Even fewer zones : needs 2 higher high bullish / lower low bearish candle formed before zone is created

Zone size Filtering:

True or False: If TRUE then the previous candles avarage sizes are calculated and too small zones will be filtered

Zone activation delay settings:

1 Candle : the zone is activated 1 candle away ( for scalping strategy ) Be in Alert as the price did not move away from the zone yet! Only use in trend direction! If Candle Closes back to the zone pay Attention !
3 candles : the zone is activated 3+candles after the zone was created ( for retouch / broken zone trading or limit orders ) the price moved away already , it shows strenght.
7 Candles : the zone is activated 7+candles after the zone was created ( for retouch / broken zone trading or limit orders ) the price has stayed away from zone for a while, good opportunity for retouch trading and limit orders!
10 Candles : Candle : the zone is activated 7+candles after the zone was created ( for retouch / broken zone trading or limit orders ) the price has stayed away from zone for a while, good opportunity for retouch trading and limit orders!

Show old zones:

Show/Hide :choose if you want to see the old/ broken zones

Zone deactivation if inside opposite zone created:

True/False : Choose if you want to deactivate zone if a new opposite zone is created inside the zone.

Spikes included in zone size :

True/ False : Choose if you want the spikes to be included in the zone size between the zone start candle and the signal candle

All settings has a screenshot!

Choose the style fitts you most!

Alerts: ( all can be turned on off!) Included in panel

New zone created : fresh zone created
Zone broken : opposite direction candle closes below/ above zone
Zone tested : live candle touches zone
Zone retested : live candle touches zone 2nd or more time
Zone entered : candle closed inside the zone
Rev candle leaves zone : opposite direction candle opened in zone but closed outside
Spiked rev candle leaves zone :opposite directional candle spike touches the zone and closing outside
Engulfing candle leaves zone : engulfing candle closing outside the zone.
Also higher timeframe labels can be switched on / off

USER MANUAL :https://www.mql5.com/en/blogs/post/755896

Trend panel description:

ZonePro Trend : Overall trend
ZonePro Direction : Short term trend of price action
Distance: Distance since the trend is started
Broken zones: Broken supply zone means bullish trend, brokend demand zone means bearish trend.

PLEASE WATCH THE VIDEO!

Always use proper risk managment , trade in trend direction and avoid trading in high volatility news!

Please if you like our product leave a review we would highly appriciate it !

To leave a review, open the indicator information and the "Review" tab. There, you will find a link in the upper right corner to write a new review. Thank You!

Thank you and have a great trading day!

https://www.mql5.com/en/users/gabedk/seller

USER MANUAL:https://www.mql5.com/en/blogs/post/755896

telegram : https://t.me/+UmVGJ-GGoiU4ZTY0

more...

1082

Trade2222 2024.05.03 09:14 #

Indicator is good

326

NobleBean 2024.03.22 15:40 #

Very good quality at a very good price!

261

Wan Mohammad Shazly Bin Wan Zulkifli 2024.03.21 19:32 #

MR.Gabor, you really make my day. i have been a trader for years and this is one of the finest indicator i have used... marvellous. Its s just the pricing... hahaaaa..... couldnt be any better then this.. well done bro.

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psandra 2024.06.26 15:30 #

What can I say after weeks of using it? If you know what you are doing, this tool can really help you, but if you are not sure...I recommend wait a little bit and really think if you want to have this too. Besides that...Communication with Gabor was smooth and beautiful. Thanks.

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Reply from developer Gabor Bocsak 2024.10.02 10:33 #

Thanks for the review! Supply and demand zones can be used for newbies and experienced traders also. If you are not surejust ask me ! i am always willing to help and supply demand zones can only improve your trading experience! many traders only use the zones to trade! Its up to your trading style!

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Trade2222 2024.05.03 09:14 #

Indicator is good

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NobleBean 2024.03.22 15:40 #

Very good quality at a very good price!

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Reply from developer Gabor Bocsak 2024.03.22 16:05 #

Thank you for the review ! sending you a pm!

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Wan Mohammad Shazly Bin Wan Zulkifli 2024.03.21 19:32 #

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Reply from developer Gabor Bocsak 2024.03.21 19:39 #

Thank you so much for your review ! sending you a pm.

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GoldForex777 2024.03.17 01:21 #