Demand and Supply Zones indicator

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 and you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
Want to use this script on a chart?


200 coins
+1 Reply
@w-0nder27, thank you
Hi, this is great. I am looking for something very similar for Thinkorswim. By any chance do you have this indicator built for Thinkorswim?
+5 Reply
@pk1729, sorry i do not have it for thinkorswim
Nice script. I want to know about the length parameter, is it based on volume or not? I’m trying to find an indicator which is lookalike vpa.
+2 Reply
Is there a way to view the script for this indicator?
hi bro , might to know the the blue colour and dark colour candle is mean to ? thx
Hi, would you please share with me the source code plz.
I want to make an indicator approximatively similar to this one (for personnal use).
I'm new to "Trading view script" that's why a try to ask.

Thank you so much for this indicator !
Great indicator.. thanks bro
thnx so much! helps out me a ton