Supply / Demand Indicator

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Supply / Demand Indicator

Postby robocod » Tue Nov 18, 2014 5:18 am

I have developed an indicator inspired by supply/demand guru Sam Seiden. If you don't know Mr Seiden's work, then there are many webinars available on the internet (YouTube, etc.).

My indicator uses a proprietary algorithm to find areas of basing (balance) followed by strong move up or down (imbalance). The indicator works on any timeframe, and is used to find potential entries and exits.

screenshot2.png


Here's a short movie about the indicator.

The indicator is available for a small fee on my blog.
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Re: Supply / Demand Indicator

Postby mechanicjon » Sat Sep 10, 2016 3:18 pm

Its a very good indicator!
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Re: Supply / Demand Indicator

Postby robocod » Wed May 02, 2018 8:54 am

An improved version of this indicator is now available, which also now provides alerts (both for newly detected zones, and whenever price touches an existing zone). A "scanner" (to simultaneously show supply/demand zone levels on multiple instruments and time-frames) is also in the works.

More information can be found here.

supplyzones.png
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Re: Supply / Demand Indicator

Postby robocod » Fri May 18, 2018 6:06 am

The Supply/Demand Scanner further enhances the capability of the Supply/Demand Zones indicator by simultaneously analysing multiple instruments at different time-frames. The indicator displays a “mini-chart” for each specified instrument and time-frame combination, showing the currently identified supply/demand zones (if any).

2018_05_18_sd_scanner.png


More information on my blog.
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