Supply and Demand Reduction - MetaTrader 5 Script | Forex Indicators Download - MT4/MT5 Resources
This is the MQL5 version of the Shved Supply and Demand indicator, written by Shved and upgraded by eevviill7 this link .
I also added a historical mode to the indicator. Set the "historyMode" parameter to true and "double-click" on any point in the price chart to see the support and resistance areas for that point.
The indicator uses fractals and the ATR indicator to find and draw support and resistance areas on the price chart. Area types are:
Please check out my profile if you would like to purchase a multi-timeframe dashboard for this indicator.
Attachment download
📎 shved_supply_and_demand_v1.6.mq5 (37.08 KB)
📎 shved_supply_and_demand_v1.7.mq5 (38.59 KB)
Source: MQL5 #29395
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