Demand and Supply Zones indicator by CSTAcademyPurushothamGowda

oscillator volatility trendanalysis demandzone supplyzone demandlevel supplylevel

This Script automatically marks Demand and Supply Zone on the chart

Release Notes:

This Indicator identifies the Demand(DZ) and Supply(SZ) zones automatically
DZ ==> Demand exceeds Supply
SZ ==> Supply exceeds Demand
It only identifies the Zones, One has to do Multiple time Frame analysis to check the Quality and Probability to trade the Zones

Release Notes:

code optimization

Release Notes:

Fix for label distortion

Release Notes:

Script code optimized to Pine Script Language version4.0

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.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?