Supply And Demand Zones
This Old Kings indicator for MetaTrader 4 is called Supply And Demand Zones. Judging by its name, it is built around supply / demand zones and price zones drawn on the chart. It draws arrows on the chart, can send alerts and can read another timeframe. It has 40 settings, for example Time Frame (default PERIOD_CURRENT), Draw Zones (default true) and Solid Zones (default true). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 1 indicator file 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 Supply And Demand Zones
Supply And Demand Zones is an indicator for MetaTrader 4. 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 Time frame, Draw zones and Solid zones. MQL source code included.
Files in the download: supply-and-demand-zones.mq4, New Trading System.url.
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | PERIOD_CURRENT | Period or timeframe used by the calculation |
| Draw zones | true | |
| Solid zones | true | |
| Solid retouch | true | |
| Recolor retouch | true | Colour on the chart |
| Recolor weak retouch | true | Colour on the chart |
| Zone strength | true | |
| No weak zones | true | |
| Draw edge price | false | |
| Zone width | 1 | |
| Zone fibs | false | |
| Fib style | 0 | |
| Hud on | false | |
| Timer on | true | |
| Layer zone | 0 | |
| Layer hud | 20 | |
| Corner hud | 2 | |
| Pos x | 100 | |
| Pos y | 20 | |
| Alert on | false | Turn this alert on or off |
| Alert popup | false | Turn this alert on or off |
| Alert sound | alert.wav | Turn this alert on or off |
| Color sup strong | clrSlateGray | Colour on the chart |
| Color sup weak | clrGainsboro | Colour on the chart |
| Color sup retouch | clrGainsboro | Colour on the chart |
| Color dem strong | clrSlateGray | Colour on the chart |
| Color dem weak | clrGainsboro | Colour on the chart |
| Color dem retouch | clrGainsboro | Colour on the chart |
| Color fib | clrDodgerBlue | Colour on the chart |
| Color hudtf | clrNavy | Colour on the chart |
| Color arrow up | clrSeaGreen | Colour on the chart |
| Color arrow dn | clrCrimson | Colour on the chart |
| Color timer back | clrDarkGray | Colour on the chart |
| Color timer bar | clrRed | Colour on the chart |
| Color shadow | clrDarkSlateGray | Colour on the chart |
| Limit zone vis | false | |
| Same tf vis | true | |
| Show on m1 | false | |
| Show on m5 | true | |
| Show on m15 | false |
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: Supply & Demand · Buy/Sell Arrows · Alerts · Multi-Timeframe (MTF) · MT4 Indicator · MQL4 Source Code