Demand & Supply by DaoEA — v1.1
This indicator is designed to help traders identify key demand and supply zones, displaying strong price action patterns such as Pin Bar, Engulfing, Hammer, and Shooting Star to confirm reversal points.
Key Features
Automatically identifies Supply & Demand Zones and extends them to the right.
Displays Break of Structure (BOS) when prices break out of these zones.
Tracks Swing Highs/Lows and analyzes HH, HL, LH, and LL.
Highlights strong price action patterns such as Bullish/Bearish Pin Bars, Engulfing, Hammer, and Shooting Star.
Customizable zones, colors, and labels.
Overlay zone protection. To avoid over-cluttering the chart,
Usage
Use with higher timeframes (H1 and above) to identify high demand and supply points.
Switch to smaller timeframes (M15–M30) to identify entry and exit opportunities.
Wait for a strong BOS + PA to confirm the signal.
Suitable for scalpers, swing traders, and Smart Money Concept (SMC) traders who want to clearly understand market structure.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact daoforex4you directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact daoforex4you directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.