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No Supply No Demand (NSND) – Volume Spread Analysis Tool

This indicator is designed for traders utilizing Volume Spread Analysis (VSA) techniques. It automatically detects potential No Demand (ND) and No Supply (NS) candles based on volume and price behavior, and confirms them using future price action within a user-defined number of lookahead bars.
Confirmed No Demand (ND): Detected when a bullish candle has volume lower than the previous two bars and is followed by weakness (next highs swept, close below).
Confirmed No Supply (NS): Detected when a bearish candle has volume lower than the previous two bars and is followed by strength (next lows swept, close above).
Adjustable lookahead bars parameter to control the confirmation window.
This tool helps identify potential distribution (ND) and accumulation (NS) areas, providing early signs of market turning points based on professional volume logic. The dot appears next to ND or NS.
Confirmed No Demand (ND): Detected when a bullish candle has volume lower than the previous two bars and is followed by weakness (next highs swept, close below).
Confirmed No Supply (NS): Detected when a bearish candle has volume lower than the previous two bars and is followed by strength (next lows swept, close above).
Adjustable lookahead bars parameter to control the confirmation window.
This tool helps identify potential distribution (ND) and accumulation (NS) areas, providing early signs of market turning points based on professional volume logic. The dot appears next to ND or NS.
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開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。