jp7fx

Smart Orderblocks / Supply and Demand (@JP7FX)

jp7fx Updated   

"Smart" Order Block Supply and Demand Indicator – a tool inspired by Smart Money Concepts and designed to complement your trading style.
It's not about perfection, but rather about enhancing your trading insights and catching things you might have missed.

Keep in mind that the structural representation here is subjective, just like many other indicators. It's more of a guide to help you navigate the market.

While it doesn't explicitly include Imbalance / FVG, you have the flexibility to use additional Imbalance /FVG indicators, including my own, to complement the insights drawn from Supply and Demand zones.

This indicator offers customisation options like trading ranges, allowing you to mark Killzones and tailor it to your preferences. Explore liquidity levels, 50% retracement lines, and personalize the colors and lines to match your unique chart setup.

Guide below on how the "Hidden" Zones are created!


Trade Safe :)

Release Notes:
Any alert () Function call tick boxes added to bottom of menu
Release Notes:
Fixed issue of not being able to change opacity of Zones and Zone Imbalance/FVG
Release Notes:
Fixed some issues with the alerts also added independent alerts for "Hidden" OB creation and mitigation.

Fixed issue with 50% Structure Retracement

Fixed issue with Zone Colours

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.

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