Basic Supply Demand MT5

Basic Supply Demand

Basic supply demand indicator is a powerful tool designed to enhance your market analysis and help you identify key areas of opportunity on any chart. With an intuitive and easy-to-use interface, this free Metatrader indicator gives you a clear view of supply and demand zones, allowing you to make more informed and accurate trading decisions / Free MT4 version

Dashboard Scanner for this indicator: (Basic Supply Demand Dashboard)

Features

• The indicator automatically scans the chart for supply and demand zones, eliminating the need for tedious manual analysis
• Graphical display of remaining distance to the nearest supply and demand zones
• Supply zones are highlighted in one distinctive color, while demand zones are shown in another, facilitating quick and accurate interpretation
• The indicator automatically calculates the distance in pips between the nearest supply or demand zones and the current price on the chart, giving you a clear and quantifiable reference. The distances in pips are displayed clearly and legibly on the chart, allowing you to quickly identify the areas that have a greater or lesser distance from the current price
• Alerts on approaching or breaking supply and demand zones
• Works in any timeframe
• Choose between a dark or light theme for a customized graph display