This is MQL5 version of Shved Supply and Demand indicator written by Shved and upgraded by eevviill7 from this link.
I also added history mode to indicator. Set “historyMode” parameter to true then “double click” on any point in price chart to see Support and Resistance zones in that point.
Indicator uses fractals and ATR indicator to find and draw support resistance zones on price chart. Types of zones are:
weak: important high and low points in trend
untested: major turning points in price chart that price still didn’t touch the again
verified: strong zones, price touched them before but couldn’t break them
proven: verified zone that at least four time price couldn’t break it
broken: zones that price breaks them (not applied for weak zones)
v1.1:
Fixed warnings when compiling the code and error when there was low number of bars in the chart.
Checked zones with MT4 version and now they are exactly the same.
v1.2:
History mode added
v1.3:
Added parameter for sending notification to mobile phone when price entering S/R zones.
v1.4:
Fixed Sup. & Res. labels in history mode.
v1.5:
Added Timeframe option to show S/R zones from a timeframe on other timeframes. For example you can show H4 zones on D1 and H1 and other timeframes.
Optimizing the alert function to not receive alerts when you set the weaker zones to not show on the chart.
Demand Index - indicator MetaTrader 5 Demand Index is developed by James Sibbet. When calculating this index the prices and volume are used. This index is…
