Demand Supply Screener 1.0

15 Jul 2022

The Demand Supply Screener helps in identifying symbols that are trading close to or inside Demand Supply Zones. You can provide a list of up to 40 symbols to the screener.

The more the number of symbols or smaller the time frame, the longer it will take for the screener to shortlist symbols. This can result in a calculation timeout. In such a case, you can reduce the number of symbols in the list by splitting it into multiple charts/indicators until the error is resolved.

Use "Proximity %" to filter symbols, for example, if you set it to 2%, the screener will shortlist symbols where the high/low of the time frame you are on is within 2% proximity of the supply/demand zone respectively.

For shortlisting symbols that are currently touching demand supply zones or trading inside of them use Proximity % as 0 and ensure Show Tested Zones is enabled.

30 Ogo 2022

Nota Keluaran

Option added to check the Exchange and Symbol name on the chart.

5 Nov 2022

Nota Keluaran

A new option has been added to choose the proximity method using High/Low or Close price.

25 Ogo 2023

Nota Keluaran

Now select symbols from indicator settings.

17 Jun 2024

Nota Keluaran

Enhancements and bug fixes.

18 Jan

Nota Keluaran

Bug fix and indicator optimization

29 Jun

Nota Keluaran

v6 Demand Supply Screener

The Demand Supply Screener is a powerful tool designed to help traders quickly identify the best demand and supply zone opportunities across multiple symbols, all in one place. It uses advanced zone detection logic inspired by institutional trading methods to highlight where strong buying (demand) or selling (supply) imbalances exist, allowing you to focus only on high-probability setups. The screener helps you identify symbols that are trading close to or inside demand and supply zones, so you can quickly spot potential opportunities without manual chart scanning.

Key Features

Multi-Symbol Screening
Analyze up to 15 symbols simultaneously. Monitor major indices, forex pairs, commodities, or stocks at the same time without switching charts.

Advanced Pattern Detection
Detects strong demand and supply zones using patterns such as Gap, Regular, and Follow-Through. Focus on the setups that matter most.

Dynamic Table Display
Cleanly displays symbol names, pattern details, and proximity data directly on your chart in a table format. Stay organized and make faster decisions.

Customizable Filtering
Choose which pattern types to include, set proximity thresholds, and filter symbols based on your strategy needs.

5 Jul

Nota Keluaran

Fixed bug in gap zone.

9 Jul

Nota Keluaran

Improved table display for zone distance metrics:

When the price is outside a zone:
 • For demand zones, if the zone is below the current closing price, the distance will be shown as a negative percentage. This indicates the price needs to move down by that percentage to reach the demand zone proximal line.
 • For supply zones, if the zone is above the current price, the distance will be shown as a positive percentage, showing how much the price needs to move up to reach the supply zone.

When the price is already inside a zone:
 • For demand zones, the distance is shown as a positive percentage, indicating how much the price must move up to exit the zone.
 • For supply zones, the distance is shown as a negative percentage, indicating how much the price needs to drop to leave the zone.

This update provides a clearer and more intuitive view of how far the price is from each zone or how much it needs to move to exit a zone if already inside.

4 hari lalu

Nota Keluaran

We’ve enhanced the Demand Supply Screener!
Now, along with the percentage proximity to the zone, the screener also indicates whether the current price is INSIDE or OUTSIDE the zone:

• IN → Price is within the demand or supply zone
  
• OUT → Price is outside the zone
  

This helps you make quicker, more informed trading decisions at a glance.