OPEN-SOURCE SCRIPT
MTF Institutional Zone - EugenioTheDog Mackaqui
This script plots Institutional Supply & Demand Zones (MTF) on any chart timeframe, so you can track higher timeframe decision areas while executing on lower timeframes.
What it does
Up to 3 selectable timeframes (TF1 / TF2 / TF3)
Automatically detects Demand (buy) zones and Supply (sell) zones
Zones are created when a strong impulse candle appears (body vs ATR), using the last opposite candle as the zone source
Zones are extended to the right in real time
Zones are removed after 50% mitigation (midpoint touched)
Alerts included
Formation alerts
TF1 / TF2 / TF3: Demand formed
TF1 / TF2 / TF3: Supply formed
Combined: TF1+TF2 and TF1+TF2+TF3 zone formed
Proximity alerts (before touch)
Alerts when price is approaching a zone (configurable % distance)
Combined alerts: TF1+TF2 and TF1+TF2+TF3
How to use (important)
This indicator is NOT a standalone entry signal.
Zones must be traded with context:
Align with trend / market structure
Look for liquidity grabs / sweeps
Wait for reaction and confirmation before entering
Visual settings
You can customize colors and transparencies for Demand/Supply in the settings.
Made for EugenioTheDog – Grupo VIP Mackaqui.
Not financial advice. Use at your own risk.
What it does
Up to 3 selectable timeframes (TF1 / TF2 / TF3)
Automatically detects Demand (buy) zones and Supply (sell) zones
Zones are created when a strong impulse candle appears (body vs ATR), using the last opposite candle as the zone source
Zones are extended to the right in real time
Zones are removed after 50% mitigation (midpoint touched)
Alerts included
Formation alerts
TF1 / TF2 / TF3: Demand formed
TF1 / TF2 / TF3: Supply formed
Combined: TF1+TF2 and TF1+TF2+TF3 zone formed
Proximity alerts (before touch)
Alerts when price is approaching a zone (configurable % distance)
Combined alerts: TF1+TF2 and TF1+TF2+TF3
How to use (important)
This indicator is NOT a standalone entry signal.
Zones must be traded with context:
Align with trend / market structure
Look for liquidity grabs / sweeps
Wait for reaction and confirmation before entering
Visual settings
You can customize colors and transparencies for Demand/Supply in the settings.
Made for EugenioTheDog – Grupo VIP Mackaqui.
Not financial advice. Use at your own risk.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.