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.
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
matkikar
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Good evening sir, thanks for making demand and supply indicator, sir i requested you to (add some options to indicator easy to find , RBR, DBR, DBD, RBD)
muthushun
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@matkikar, Thanks for your feedback. Those features are already added. Testing is on going.
Excellent work. I noticed that my understanding is bit different than yours (based on your indicator) for DZ and Explosive candle. For instance I would have considered red candle of 18 feb 2020 11 AM as SZ (referring your chart). Would you suggest me what logic you are using for considering DZ/SZ. It will be really helpful. Thanks.
gisaccountmanager
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I was wondering if we can add alerts to mobile when ever a Demand and supply zone is created. Can you add this option to the tool?