[GrandAlgo] Supply Demand Pressure Cloud

In addition to pressure analysis, the indicator allows customization of zone strength—Major, Intermediate, or Minor—enabling users to adapt the tool to their trading strategy and preferred levels of significance.
Key Features:
- Unique Pressure Cloud Visualization:
Red Supply Clouds: Indicate areas with significant selling pressure, often acting as resistance.
Green Demand Clouds: Indicate areas with significant buying pressure, often acting as support.
The cloud shading dynamically represents the buildup of market pressure, providing a visual edge that simple supply/demand indicators lack. - Customizable Pressure Levels:
Choose between Mild, Moderate, or Strong pressure levels to highlight zones with varying levels of market intensity. - Adjustable Zone Strength:
Select between Major, Intermediate, and Minor zones to focus on the levels most relevant to your trading style. - Real-Time Adaptability:
Automatically adjusts to reflect the most current market conditions, ensuring the zones are always relevant. - Clear and Intuitive Visuals:
Gradual color shading for the Pressure Cloud enhances clarity and usability, making it easy to spot key levels at a glance. - Comprehensive Market Coverage:
Works seamlessly across multiple markets, including Forex, crypto, stocks, and commodities.
Why Choose Supply Demand Pressure Cloud?
While traditional supply and demand indicators only highlight zones, the Pressure Cloud adds another layer of actionable insight by visually representing the intensity of pressure within these areas. This feature allows traders to:
- Anticipate potential reversals with greater accuracy.
- Prioritize zones with higher market activity.
- Stay ahead of significant price movements.
The Pressure Cloud sets this indicator apart, making it an essential tool for traders who want a deeper understanding of market dynamics.
How It Works:
The Supply Demand Pressure Cloud identifies supply and demand zones by analyzing historical price data. It then overlays a Pressure Cloud within these zones, representing the intensity of pressure. Users can further refine the analysis by:
- Selecting Pressure Levels:
🔹 Mild: Highlights pressure clouds with lower intensity.
🔹 Moderate: Displays pressure clouds with medium intensity.
🔹 Strong: Focuses on pressure clouds with the highest intensity for precise trading insights.decisions. - Adjusting Zone Strength:
🔹 Major: High-impact zones that attract significant market attention.
🔹 Intermediate: Medium-significance levels for additional context.
🔹 Minor: Lesser impact zones for detailed analysis.
The image showcases the Supply Demand Pressure Cloud in action, dynamically highlighting key supply and demand zones on the chart. These zones, combined with the pressure clouds, provide a clear visualization of potential areas of market interest:
Supply Zone (Red): Represents areas of concentrated selling pressure. The overlayed Supply Cloud (red gradient) highlights the buildup of supply pressure within the zone, offering insights into potential resistance areas.
Demand Zone (Green): Represents areas of concentrated buying pressure. The overlayed Demand Cloud (green gradient) highlights the buildup of demand pressure, indicating potential support zones.
This powerful combination of zones and pressure clouds equips traders with actionable insights to identify market turning points, reversals, and areas of consolidation. Let the Supply Demand Pressure Cloud be your guide to navigating market dynamics.
Disclaimer:
This indicator is a technical analysis tool designed to assist traders by providing insights into market conditions. It does not guarantee future price movements or trading outcomes and should not be relied upon as a sole decision-making tool. The effectiveness of this indicator depends on its application, which requires your trading knowledge, experience, and judgment.
Trading involves significant financial risk, including the potential loss of capital. Past performance of any tool or indicator does not guarantee future results. This script is intended for educational and informational purposes only and does not constitute financial or investment advice. Users are strongly encouraged to perform their own analysis and consult with a qualified financial professional before making trading decisions.
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Penafian
Skrip jemputan sahaja
Hanya pengguna yang diberikan kebenaran oleh penulis mempunyai akses kepada skrip ini dan ini selalunya memerlukan pembayaran. Anda boleh menambahkan skrip kepada kegemaran anda tetapi anda hanya boleh menggunakannya selepas meminta kebenaran dan mendapatkannya daripada penulis — ketarhui lebih lanjut di sini. Untuk lebih butiran, ikuti arahan penulis di bawah atau hubungi GrandAlgo secara terus.
TradingView tidak menyarankan pembayaran untuk atau menggunakan skrip kecuali anda benar-benar mempercayai penulisnya dan memahami bagaimana ia berfungsi. Anda juga boleh mendapatkan alternatif sumber terbuka lain yang percuma dalam skrip komuniti kami.
Arahan penulis
Amaran: sila baca panduan kami untuk skrip jemputan sahaja sebelum memohon akses.