AlgoRanger Supply & Demand Zones

📘 AlgoRanger Supply & Demand Zones
Multi-Timeframe Institutional Zone Mapping

🔍 Overview:
The AlgoRanger Supply & Demand Zones indicator is a dynamic tool that automatically plots key institutional supply (resistance) and demand (support) zones across multiple timeframes. These zones are color-coded and labeled (e.g. 1h, 2h, 4h) to help traders identify powerful reversal or breakout areas with high precision.

Perfect for price action traders, this tool allows you to align trades with institutional activity — all without manually marking levels.

📈 How to Use It:
1. Spot Strong Entry/Exit Zones
Red Zones = Supply: Potential resistance where price previously dropped after aggressive selling.

Green Zones = Demand: Potential support where price previously rallied after strong buying.

2. Timeframe Confluence
Multiple zone labels (e.g. “1h”, “2h”, “4h”) on a single area indicate stronger institutional interest.

Zones from higher timeframes are generally stronger and more respected.

3. Trade Setups
Reversal Strategy: Wait for price to enter a fresh zone and show signs of rejection (e.g. wicks, volume spikes).

Breakout Strategy: A clean break above a supply zone or below a demand zone may signal continuation.

4. Trend Context
Use with trend tools (e.g. AlgoRanger Trend Matrix) to avoid trading against momentum.

Use lower timeframe zones for entry within higher timeframe trends.

5. Risk Management
Place stop-loss outside the zone (beyond the wick or structure).

Set targets at the next opposing zone or swing high/low.

🛠️ Features:
✅ Automatic plotting of untested supply and demand zones

✅ Labels with timeframe visibility (1h, 2h, 4h, etc.)

✅ Color-coded zones for easy visual analysis

✅ Multi-timeframe scanning and zone overlay

✅ Extends zones until broken for dynamic S/R tracking

🧠 Tips for Effective Use:
Use 1h/4h zones for swing trading, and 15m/1h zones for intraday setups.

Look for overlap zones between multiple timeframes for stronger signals.

Pair with Fibonacci, volume, and momentum indicators for extra confirmation.

🔧 Customization Options (if available):
Enable/disable zones by timeframe

Adjust zone thickness and color

Configure how long zones remain visible

Zone stacking and merge options

💡 Best For:
Price Action Traders

Supply/Demand & S/R Strategy Users

Breakout and Reversal Traders

Day Traders and Swing Traders