muthushun

Demand & Supply Zone - Muthu S

This indicator marks Demand and Supply Zone on the chart based on various inputs. It also marks Boring candle in Blue colour & Explosive Candle in Black colour.

Prior knowledge of Demand and Supply Zone is mandatory to use this indicator effectively.
Kindly do your own math (based on your experience & knowledge) to identify the zones along with this indicator.
Release Notes: Code optimization. Marking only needed candles.
Release Notes: Code Optimization.
Release Notes: Code Optimization
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Kommentarer

Hey bro,
can iu share the code which u used for marking DZ and SZ.
Just need the code for marking dz sz, as its needed to mark only explosive candle, I think the parameter should if oprn is hight then mark it sz and vise versa. if u dont find any issue in giving code, plz share it with me,
Thanks and regards
Indyan
+16 Svara
WORK APPRICIATED...NOW EASY TO FIND QUALITY ZONES..THANKS...KEEP IT UP
+1 Svara
muthushun SudhirSananda
@SudhirSananda, Thanks Sudhir....
+4 Svara
nice programming...thanks for sharing to the community !!
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muthushun financial_freedom_with_guna
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Hi Muthu, Superb coding and it is very helpful. I am also trying to write code for supply and demand zone with DBR RBD with golden cross over. Can you please help on this.
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muthushun prakash1232
@prakash1232, Thanks Prakash. Ping me regarding the coding doubts.
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Bro what is explosive strength and what atr in use of supply and demand ?
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muthushun rajvyas2014
@rajvyas2014, Hi, Explosive candle denotes the body range with respect to candle range. ATR 1 identify more zones. Need to filter manually. Default settings is a good start, later you can explore more.
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rajvyas2014 muthushun
@muthushun,
Ok thank u for beautiful tool
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