Supply and Demand Zones Indicator for MT4 – Price Action Zones

Simple supply and demand indicator Zones that tells you where the price is likely to go depending on your timeframe. The chart must have a minimum of 3 bars for this indicator to work properly, if it doesn’t check out my other indicators! Note – I didn’t make this indicator I’m just uploading because people asked me to upload it .

Title: Fibonacci Retracement with Alerts (New)

File: FibAlert_v21.mq4

Type: Custom Indicator

Category: Technical Analysis

Description: Shows fibonacci retracement levels based on the time frame.

Supply and Demand Indicator v20 – Just paste it in!

Non Repaint Supply and Demand Indicator MT4

Making the first version of this indicator was pretty simple but making a new update with some extra features is more work than I thought.

supply and demand zones indicator

This new update will have all the same settings as before however there are now 2 new settings that you can turn on or off; “Alerts” and “Price Overlay”.

Breakout Zones

Trend Confirmation

The Alerts feature allows you to input the price at which you would like alerts to be triggered (if turned on), if an alert is set it will appear in your chart along with the supply/demand levels.  If no alerts are found then nothing will show up for that timeframe!  If you use alerts please note that they do not come with sound meaning you’ll only know there’s an alert by checking the timeframes you have alerts on.

Institutional Supply and Demand Zones Indicator

This can be a feature or a bug depending how you see it!  If you want sound then leave a comment and I’ll try to add it in.

The Price Overlay feature allows you to overlay the price onto your chart along with the supply/demand levels, this is entirely up to you if you want this feature or not but if turned on this will display in all of your charts.  I have found that sometimes when using this indicator with other indicators / study tools the price doesn’t appear so double check your settings if it isn’t showing.

Non Repaint Supply and Demand Indicator MT4

There are currently 3 presets for setting up Supply & Demand which will only work if the alerts and price overlay have been turned off.  These presets are shown below and if you want to use the indicator as a template for your own charts (or copy-paste the settings) then here’s where you can find them:

Marubozu Candlestick Pattern

Xmaster Formula

Download Supply and Demand Zones Indicator MT4 Free

Default – Default supply and demand levels based on time frame supplied.  The default number of bars used is set at 100 however this can be changed in your inputs tab.

Low Range – Suppy/demand levels used during low volatility (low range).

High Range – Supply/demand levels used during high volatility (high range).

How To Use: Right click anywhere on the chart and click “Insert Indicator” then choose either custom or expert how you would like to display.