Supply and Demand Zones Indicator
This indicator identifies and visualizes supply and demand zones on the chart to help traders spot key areas of potential price reversals or continuations. The indicator uses historical price data to calculate zones based on high/low ranges and a customizable ATR-based fuzz factor.
Key Features:
Back Limit: Configurable look-back period to identify zones.
Zone Types: Options to display weak, untested, and turncoat zones.
Customizable Parameters: Adjust fuzz factor and visualization settings.
Usage:
Use this indicator to enhance your trading strategy by identifying key supply and demand areas where price is likely to react.
You can customize this further based on how you envision users benefiting from your indicator. Let me know if you'd like to add or adjust anything!
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