True Supplies and Demands — Indicator by truenomic

chartpatterns supplies demands supplyzone demandzone

This indicator automatically helps you find supplies & demands using different detection methods.

Methods for classification:

i) Supply: High/Low; Demand: High/Low

ii) Supply: High/Open; Demand: Low/Open

Also in the indicator settings, you can define whether the indicator should hide the box if at least 1 tick was touched, or the indicator should display this until a complete breakout.

"Virgin" or untouched:

Touched, but not complete breakout:

Protected script

This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.

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