TradingView
shtcoinr
Feb 23, 2019 2:25 PM
Grimes Modified MACD Supply Demand
FOREXCOM:XAUUSD
3D
Gold / U.S. Dollar
FOREX.com
Description
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Feb 23, 2019 2:25 PM
A follower of mine asked me if I could make a version of my
tradingview.com/script/m6dD8tBf-RSI-Based-Automatic-Supply-and-Demand/
script using the MACD. Well it just so happens I was making a few modifications to my MACD script:
tradingview.com/script/B9zBVLYm-Grimes-Modified-MACD-Highest-Lowest-Momentum-Indicator/
just as this question came up so I went ahead and threw this together.
The MACD that triggers the SR zones is pictured below, with key trigger points encircled to illustrate how it works.
Moving Average Convergence / Divergence (MACD)
support
Support and Resistance
Supply Zone
Demand Zone
priceaction
Comments
rohitmcx21
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Apr 1, 2021 2:58 PM
how to use please help
Cryptocontinuum
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Jun 18, 2019 9:36 PM
Your avatar is by far the best I've seen; thanks for this indicator.
shtcoinr
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Jun 19, 2019 5:00 AM
@Cryptocontinuum
, thank you sir
pattama8471
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Jul 21, 2023 5:21 AM
Why macd doesn't show up just only demand supply highlight?
shtcoinr
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Jul 29, 2023 7:20 AM
@pattama8471
, That's another one of my indicators, here is a link:
tradingview.com/script/B9zBVLYm-Grimes-Modified-MACD-Highest-Lowest-Momentum-Indicator/
MTPaT
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Nov 12, 2021 12:56 AM
These zones are great, thanks for the indicator
shtcoinr
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Nov 12, 2021 11:54 AM
@MH45721, bless
chrysopoetics
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Feb 24, 2019 1:56 AM
Keep ‘em coming brother, your S/R indicators are inspiring
Heroturk
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Feb 23, 2019 2:27 PM
Thanks
zschonn
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Sep 19, 2022 3:37 PM
Hi there, how can we differentiate within the bars as to which bar belong to higher point & lower ? because you did not leave the room for colour bars
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