balajinambisaravanan

Supply and Demand Zones

This indicators should be used along with price action breakout

Red zones - Red zones are formed daily
10 days average ranges

Blue zones - Blue zones are formed every week
10 weeks average ranges

Green zones - Green zones are formed every month
10 months averange ranges
Release Notes: It will just plot the close price
Release Notes: It will plot the previous day's high and low
Release Notes: Now it will plot previous day , previous week and previous month high and low
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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Comments

Good Job with the indicator.
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originally you decoded the madras trader indicator. Great bro
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@ashishtambe, it is average zones by christian .d
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Good job, man! So, we should simply buy and sell at demand and supply levels respectively right?
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@ilesanmipepsi, only after a price action breakout
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ilesanmipepsi balajinambisaravanan
@balajinambisaravanan, Ok. Thanks.
Reply
how did you code this bro this is awesome
Reply
balajinambisaravanan vinod.dhonifan
@vinod.dhonifan, original indicator is CD_average daily range zones by cristian.d. He published only in daily zones
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