Demand and Supply Zones Pro [Afnan]
The Demand and Supply Zones indicator is a powerful tool that helps you identify potential turning points in the stock market by spotting the zones where large institutional investors and professional traders (the Smart Money) form their positions.
Demand & Supply Zones Pro [Afnan] - TradingView Indicator
Demand and supply zones are critical in trading as they mark specific price areas where significant buying (demand) or selling (supply) activity is likely to occur. These zones often reflect the actions of “smart money”—large institutional investors—who leave footprints of unfilled orders in these areas. When price revisits these zones, it frequently triggers strong reactions, offering traders the opportunity to anticipate market reversals or substantial price movements.
What Does the Indicator Do?
Demand & Supply Zones Pro [Afnan] simplifies the identification of these key areas by automatically plotting demand and supply zones on your charts. It detects price imbalances that lead to the formation of zones, enabling traders to make informed decisions without manual analysis. Key features include:
- Automatic Zone Plotting: Identifies and plots demand and supply zones in real time.
- Multi-Timeframe Support: Displays higher timeframe zones on lower timeframe charts for a broader market perspective.
- Four Zone Types: Tracks the most critical zone formations created by price imbalances, helping traders spot opportunities with precision:
- Rally Base Rally (RBR): Signals strong uptrend continuation after a base formation.
- Rally Base Drop (RBD): Indicates a potential trend reversal after a rally and base formation.
- Drop Base Rally (DBR): Marks areas where price may reverse upward after a drop and base formation.
- Drop Base Drop (DBD): Highlights zones where price is likely to continue its downward trend after a base formation.
Why Use This Indicator?
Demand & Supply Zones Pro [Afnan] empowers traders to align their strategies with the market’s driving forces. By tracking the footprints of institutional investors, the indicator provides clear, actionable insights for:
- Market Reversals: Anticipating turning points in the market.
- Trend Continuations: Spotting areas of strong momentum.
- Improved Accuracy: Leveraging multi-timeframe analysis to refine entry and exit points.
What are the benefits
The Demand and Supply Zones indicator offers you several advantages, such as:
- It helps you spot high-probability trading opportunities in any market and timeframe.
- It allows you to trade with institution / smart money.
- It enables you to implement proper risk management.
- It saves you time and effort by doing the analysis for you and showing you the zones where the Smart Money is active.
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1. Visit the TradingView website at www.tradingview.com and sign in to your account.
2. Open any chart.
3. Locate the indicator icon at the top of the TradingView chart.
4. Click on the icon to open a new window. In this window, select “Invite-Only Script” and choose the Demand & Supply Zone Indicator.
Key Features Of The Demand and Supply Zones Pro [Afnan] (TradingView Indicator)
- Higher Timeframe Zones: Visualize higher timeframe zones directly on lower timeframe charts for multi-timeframe analysis.
- Authentic Zones: Enable the plotting of only key, significant zones on the chart.
- Curve Analysis: Perform higher timeframe curve (location) analysis directly in lower timeframe charts for better context.
- Alert System: Set alerts for when the price reaches a specific zone, ensuring you never miss an opportunity.
- Follow-Through Rules Check: Integrate follow-through rules to validate zone performance.
- Zone Strength Customization: Adjust candle sensitivity for better control.
- Zone Components Table: View the latest supply and demand zones with details of proximal and distal lines in an organized table.
- Customizable Zone Length: Adjust the number of base candles in a zone to suit your preferences and strategy.
- Candle Body Size Customization: Personalize the body size of candles for fine-tuning visual representation.
- Base Candle Selection: Choose between the body of the candle or narrow range candles as the base candle for zone plotting.
- Wick of Candle: Customize zone plotting using either the body or wicks of candles for flexible analysis.
- Colour Customization: Customize Drop, Base, Rally, and Zone colours to match your visual preferences.
- Tested Zone Display: Gain insights into tested zone by toggling tested zones on or off.
- Invisible Candle Visualization: Highlight invisible candles on the chart for advanced candlestick analysis.
- Violated Zones : Display or disable previously deleted and utilized zones for a cleaner chart while retaining historical insights.
- Trend Visualization: View trends from two timeframes simultaneously, showing higher timeframe trends in lower timeframe charts.
- Moving Averages: Utilize up to four (4) customizable Moving Averages from any timeframe to enhance analysis.
- Swing High and Swing Low Lines: Enable or disable support and demand lines based on Swing High and Swing Low levels.
- Sector and Industry Data: Display sector and industry information for the stock directly on the chart.
- Piotroski Score: Visualize the Piotroski score of the stock for a quick fundamental assessment.
Why Choose Us
An investment that takes you to great heights
Our indicator does the analysis for you and shows you the zones where the Smart Money is active from higher timeframe to lower timeframe. You don’t have to draw lines and rectangles on your charts manually.
Our indicator helps you align your trades with the market movers and follow their footsteps.
Our indicator tracks the Price Action to generate a signal. In comparison, conventional indicators will generate a signal whenever it meets a specific mathematical condition, without regard for whether demand is greater or supply is greater. This can lead to poor risk management and increasing odds of loss. Moreover, conventional indicators are lagging, meaning they give signals after the price has already moved, whereas our indicator is leading, meaning it gives signals before the price moves.
Who is the creator?
The man behind Demand and Supply Zones Indicator Pro (Tradingview indicator) is Afnan Tajuddin, a full-time trader who has been in the market since 2012. He has completed various courses on different topics from several experts, but he has learned the demand and supply zone concept specifically from two renowned institutes of India, Get-together Finance (GTF) and Trade Legend, who are masters of this concept. He has won the Zerodha 60 Days Profitable Days Challenge eight times. He is an active contributor on TradingView, where he has written educational content on various topics and many of his posts have been selected by TradingView for their editorial pick. Some of his work has also been posted on Twitter by TradingView’s official handle. He has mastered the concept of demand and supply zones and developed this indicator to help other traders benefit from his knowledge and experience.
The power of volume and how to read it!
— TradingView (@tradingview) July 10, 2023
Written by AfnanTAjuddinhttps://t.co/DowJPL4AhY
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