The indicator "Supply_and_Demand_V5" is a display type indicator that allows various adjustments.
This indicator, based on fractals, is designed to draw support and resistance zones on any desired time frame.
The numbers displayed on each zone indicate the sequence of the support or resistance zone, starting from the most recent one.
Green represents support, pink represents resistance, and gray indicates a broken zone.
Usually, indicators of this kind have fixed zone settings, but with this indicator, you can adjust the appearance of the zones by modifying the fractal values.
It is compatible with multiple time frames, allowing you to display support and resistance zones from higher time frames. Additionally, you can use two instances of this indicator to display both higher time frame and current time frame zones simultaneously.
The chart below shows a 1-hour time frame chart with support and resistance zones from both the daily and 1-hour time frames.
Below are the indicators you must use for the dashboard to work. Supply_Demand_Dashboard is the indicator you put on your chart to see the dashboard itself
***You must also have Supply_and_Demand_V5 installed in your MT4**** - the Supply_demand_dashboard uses this indicator to display the Dashboard values
Supply_and_demand_V5 replaces Supply_and_demand_V4. Use V5 just like V4, the only difference is V5 has been modified to support the dashboard and also works as a standalone indicator just like v4 does.
Be patient therefore, brethren, until the coming of the Lord. Behold, the husbandman waiteth for the precious fruit of the earth: patiently bearing till he receive the early and latter rain.
Behold, we account them blessed who have endured. You have heard of the patience of Job, and you have seen the end of the Lord, that the Lord is merciful and compassionate.
on the time frame H1 or H4, for entry I will suggest to get confirm from another indicator like RSI or MA
