OPEN-SOURCE SCRIPT

15M Gap + BOS Supply & Demand Zones

537
This indicator is designed to identify potential supply and demand zones based on a 15-minute gap and break of structure strategy.

For bullish setups, the indicator looks for a 15-minute bullish gap followed by a bullish break of structure. It then finds and boxes the most recent bearish candle before the bullish move, marking it as a green demand zone.

For bearish setups, the indicator looks for a 15-minute bearish gap followed by a bearish break of structure. It then finds and boxes the most recent bullish candle before the bearish move, marking it as a red supply zone.

The zones extend to the right to help identify possible future reaction areas where price may return, reject, or continue from.

Aviso legal

As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.