The indicator displays the following elements:
- Supply Zones,
- Demand Zones,
- Fair Value Gaps
and sends alerts when a supply or demand zone is reached.
The zone timeframe is set independently of the chart timeframe. For example, it is possible to set M5 zones on an H4 chart. The importance of zones can be adjusted using the zone strength parameter.
Demand zones are displayed if at least one candle in the range of the zone is entirely above the zone. Similarly, supply zones are displayed if at least one candle within the zone is entirely below the zone.
Fair Value Gaps are formed in a three-bar pattern when the left and right bars do not engulf the middle one.
Alerts for supply and demand zones can be set as pop-up, sound alerts, or “send notification” alerts.
A convenient panel is attached to the indicator.