OPEN-SOURCE SCRIPT
4H Institutional Zones - EugenioTheDog Comunidade Mackaqui

The script detects zones formed after impulsive 4H candles, projecting high-probability areas where price may react, absorb liquidity, or reverse.
Zones are automatically removed after 50% mitigation, keeping the chart clean and focused only on relevant institutional levels.
🔹 Key Features
Automatic detection of 4H Supply & Demand zones
Works on any timeframe (MTF logic)
Zones based on impulsive 4H candles
50% mitigation rule (zones are deleted after partial fill)
ATR-based filters to avoid distant or irrelevant zones
Fully customizable colors and transparency
Clean and minimal visual design for discretionary traders
🔹 How to Use
This indicator is intended for context and higher-timeframe bias, not for blind entries.
Best used in confluence with:
Market structure (BOS / CHoCH)
Liquidity concepts (equal highs/lows, stop hunts)
Lower timeframe execution models
Price action confirmation
Ideal for scalping, day trading, and swing trading, always aligned with higher-timeframe context.
⚠️ Disclaimer
This indicator is for educational purposes only
It does not constitute financial or investment advice.
Always use proper risk management.
👤 Author
Developed by EugenioTheDog
Exclusive release for Grupo VIP MackAqui
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.