Forex Supply Demand Index Support Resistance Trading Strategy
Forex Supply Demand Index Support Resistance Trading Strategy is an indicator for MetaTrader 4 from the Old Kings collection. As the name suggests, the idea behind it is supply / demand zones and support / resistance levels. Its source code uses MACD and moving averages. It draws arrows on the chart, can send alerts and can read another timeframe. It has 40 settings, for example set1, Time Frame (default D1) and Unique Name (default AllPivots). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 46 indicator files with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT4 · v1.0 · Free
About Forex Supply Demand Index Support Resistance Trading Strategy
Forex Supply Demand Index Support Resistance Trading Strategy is an indicator for MetaTrader 4 based on MACD and Moving Average. It draws buy and sell arrows on the chart, can alert you with a pop-up, sound, email or push message and can show data from another timeframe (MTF). It has 40 settings, such as Set1, Time frame and Unique name. MQL source code included.
It also is set up for gold (XAUUSD).
Files in the download: AllPivots_v4.7 600+.ex4, AllPivots_v4.7 600+.mq4, AO AC SAR Display.ex4, blue_spread.mq4, cci_heatmap_3.ex4, cci_heatmap_3.mq4, chalkin_money_flow_on_t3_reg_histo.ex4, chalkin_money_flow_on_t3_reg_histo.mq4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Set1 | ==== Main settings: ==== | |
| Time frame | D1 | TimeFrame |
| Unique name | AllPivots | Unique Name |
| Length | 1 | Length in periods(eg. 2= 2 days) |
| Pivot mode | 0 | Pivot Mode |
| Base price | 5 | Base Price |
| Base hour shift | 0 | Base Hour Shift(eg.0-start of the day) |
| Show medians | false | Show Medians |
| Range mode | 0 | Range Mode |
| Avg period | 1 | Avg Period in bars |
| Session start hour | 0 | Session Start Hour(eg. 9 for DAX,0-for Forex) |
| Session end hour | 0 | Session End Hour(eg. 22 for DAX,0-for Forex) |
| Number of digits | 4 | Number of digits after decimal point |
| Set2 | ==== Visual settings: ==== | |
| Show gradient color | true | Show Gradient Colors |
| Main pivot color | clrWhite | Main Pivot Color |
| Main pivot width | 2 | Main Pivot Width |
| Upper level color | clrYellowGreen | Upper Level Color |
| Lower level color | clrFireBrick | Lower Level Color |
| Line style | STYLE_SOLID | Line Style |
| Line width | 1 | Line Width |
| Median style | STYLE_DOT | Median Style |
| Median width | 0 | Median Width |
| Show pivot values | false | Show Pivot Values(true/false) |
| Font name | Arial | Font Name |
| Font size | 8 | Font Size |
| Description place | left | Description Place |
| Show comment | false | Show Comments |
| Show period separators | true | Show Period Separators |
| Period separators color | clrGray | Period Separators Color |
| Cci period | 14 | CCI period |
| Price | PRICE_TYPICAL | CCI price |
| L strong up | 200 | Strong up level |
| L strong down | -200 | Strong down level |
| Bar to test | 0 | Bar to test |
| Strong up | clrLimeGreen | Color for strong up |
| Neutral | clrDarkGray | Color for neutral |
| Strong down | clrOrangeRed | Color for strong down |
| Color steps | 41 | Color steps for gradint colors |
| Text color | clrBlack | Color for butons text |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: Support & Resistance · Supply & Demand · Buy/Sell Arrows · Alerts · Multi-Timeframe (MTF) · Gold (XAUUSD) · MACD · Moving Average · MT4 Indicator · MQL4 Source Code