Features of the Ii SupDem Indicator
The II SupDem is a straightforward MT4 indicator that lists forex pairs’ supply and demand zones. The abbreviation for supply and demand is SupDem.
The indicator plots supply and demand zones that represent support and resistance levels. SupDem plots supply and demand zones whenever there is significant volatility or a high trading volume.
The supply levels are shown in the red zone, while the demand levels appear in the green zone. The indicator shows a potential reversal whenever it charts the zones.
How the Indicator Can Benefit You
The II SupDem indicator plots supply and demand zones to suggest a potential trend reversal. Traders should go short if the green zone occurs since it indicates the resistance levels. Conversely, traders can initiate long positions if the indicator displays red zones.
One of the advantages of the indicator is that it shows the general sentiment of the market. Therefore, forex traders can benefit from this and adjust their positions accordingly.
Indicator Setting Description
forced.tf: It allows you to change the period of the indicator.
Draw. zones: Enables/disables the drawing of supply and demand zones.
Solid.zones: Enables/disables the displaying of supply and demand zones in solid.
solid.retouch: Enables/disables the retouching of solid zones.
recolor.retouch: Enables/disables the recoloring of the zones.
recolor.weak.retouch: Enables/disables the recoloring of weak zones.
zone.strength: Enables/disables the showing of the strength of the zones.
no.weak.zones: Enables/disables the showing of weak zones.
draw.edge.price: Enables/disables the mentioning of price edges.
zone.width: It allows you to change the width of zones.
zone.fibs: Enables/disables the drawing of fib levels.
fib.style: It allows you to change the style of fib levels.
HUD.on: Enables/disables the displaying of the strength meter.
Timer.on: Enables/disables the displaying of a timer.
layer.zone: The default value is 0.
layer.HUD: The default value is 20.
corner.HUD: The default value is 2.
pos.x: The default value is 100.
pos.y: The default value is 2.
alert.on: Enables/disables the showing of alerts whenever it creates a zone.
alert.sound: It allows you to change the alert sound.
color. sup. strong: It allows you to change the color of a strong supply zone.
color. sup. weak: It allows you to change the color of a weak supply zone.
color. sup. retouch: It allows you to change the retouch color of the supply zone.
color. dem. strong: It allows you to change the color of a strong demand zone.
color. dem. weak: It allows you to change the color of the weak demand zone.
color. dem. retouch: It allows you to change the retouch color of the demand zone.
color.fib: It describes the fib color.
color.HUD.tf: It allows you to change the color of HUD.
color. arrow. up: It allows you to change the arrow up color.
color. arrow. down: It allows you to change the arrow down color.
color. timer. back: It allows you to change the timer color.
Color.timer.bar: It allows you to change the timer color.
color. Shadow: It allows you to change the shadow color of the arrow.
limit. zone.vis: If set to false, the indicator doesn’t limit its supply and demand zones.
same. tf.vis: If set to true, the indicator fluctuates between zones.
show. on.m1: Shows the indicator on the M1 timeframe.
show. on.m5: Shows the indicator on the M5 timeframe.
show. on.m15: Shows the indicator on the M15 timeframe.
show. on.m30: Shows the indicator on the M30 timeframe.
show. on.h1: Shows the indicator on the H1 timeframe.
show. on.h4: Shows the indicator on the H4 timeframe.
show. on.d1: Shows the indicator on the daily timeframe.
show. on.w1: Shows the indicator on the weekly timeframe.
show. on.mn: Shows the indicator on a monthly timeframe.
Price_Width: The default value is 1. It shows the width of the price.
time. offset: The default value is 0. It mentions the offset time.
globals: If set to false, the indicator doesn’t show global time.
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