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mkSupDemZones

This Indicator draws MTF Supply and Demand Zones based on the NinjaTrader Swing Indicator.
In addition to drawing the zones, it shows a strength value on the right side of each zone.
The strength value corresponds with the number of bars to the left of the swing which are above/below the swing.
This way you get an instant idea how important the current zone is in relation to other zones on the chart.
The indicator includes the ability to show and hide the zones, the lines and also the strength output.

There are a lot of ideas how to further improve this indicator with new features but i decided to keep it as simple as possible so other people are free to add their own features without crawling through 1000 lines of code.

Exported using NinjaTrader 7.0.1000.16

2013-12-08 - Added second strength attribute for bars on the right side of the swing.
2013-12-09 - The zones will now be properly extended on lower time frames, fixed small bug.
2013-12-09 - The indicator works now with COBC = true and COBC = false
2013-12-17 - Bug fixed in range-calculation of second BarSeries

Category NinjaTrader 7 Indicators

Details: mkSupDemZones
Category: NinjaTrader 7 Indicators

December 7th, 2013
Size: 9.72 KB
Downloaded: 2846 times

Keywords: demand mtf supply zones

Comments/ratings

supermht December 7th, 2013 11:43 AM

excellent

ignacio90 December 8th, 2013 08:14 AM

No Comment

scottschaffer December 8th, 2013 02:17 PM

According to NT, the indicator is corrupt and cannot be imported.

cooldo December 9th, 2013 12:15 PM

cory December 9th, 2013 01:44 PM

very nice, load super fast on my charts.

Kingsley December 11th, 2013 09:37 AM

This is indicator is excellent!!

ValLiant December 11th, 2013 06:59 PM

thank you ...quick question is there a way to add an input so we can see historically what happened?

br8080 December 13th, 2013 04:11 PM

great addition......tons of thanks!

leonex December 16th, 2013 04:48 PM

Really useful thanks so much for sharing:
: Allgood:

dappa December 18th, 2013 05:09 PM

Thank you for sharing this indicator.

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