muthushun

Demand & Supply Zone - Muthu S

This indicator marks Demand and Supply Zone on the chart based on various inputs. It also marks Boring candle in Blue colour & Explosive Candle in Black colour.

Prior knowledge of Demand and Supply Zone is mandatory to use this indicator effectively.
Kindly do your own math (based on your experience & knowledge) to identify the zones along with this indicator.
Release Notes: Code optimization. Marking only needed candles.
Release Notes: Code Optimization.
Release Notes: Code Optimization
Protected script
This script is published closed-source and 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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Comments

Hey bro,
can iu share the code which u used for marking DZ and SZ.
Just need the code for marking dz sz, as its needed to mark only explosive candle, I think the parameter should if oprn is hight then mark it sz and vise versa. if u dont find any issue in giving code, plz share it with me,
Thanks and regards
Indyan
+24 Reply
Good evening sir, thanks for making demand and supply indicator, sir i requested you to (add some options to indicator easy to find , RBR, DBR, DBD, RBD)
+2 Reply
muthushun matkikar
@matkikar, Thanks for your feedback. Those features are already added. Testing is on going.
Reply
I was wondering if we can add alerts to mobile when ever a Demand and supply zone is created. Can you add this option to the tool?
+1 Reply
muthushun gisaccountmanager
@gisaccountmanager, its been added, but from a different platform to telegram.
+3 Reply
Excellent work. I noticed that my understanding is bit different than yours (based on your indicator) for DZ and Explosive candle. For instance I would have considered red candle of 18 feb 2020 11 AM as SZ (referring your chart). Would you suggest me what logic you are using for considering DZ/SZ. It will be really helpful. Thanks.
+1 Reply
Wow! Excellent . Can i show one TF's zone in another TF?
+1 Reply
muthushun Arpi2018
@Arpi2018, Thanks. Yes, You can ...
+1 Reply
WORK APPRICIATED...NOW EASY TO FIND QUALITY ZONES..THANKS...KEEP IT UP
+1 Reply
muthushun SudhirSananda
@SudhirSananda, Thanks Sudhir....
+4 Reply
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