MTF Institutional Zone - EugenioTheDog Mackaqui

This script plots Institutional Supply & Demand Zones (MTF) on any chart timeframe, so you can track higher timeframe decision areas while executing on lower timeframes.

What it does

Up to 3 selectable timeframes (TF1 / TF2 / TF3)

Automatically detects Demand (buy) zones and Supply (sell) zones

Zones are created when a strong impulse candle appears (body vs ATR), using the last opposite candle as the zone source

Zones are extended to the right in real time

Zones are removed after 50% mitigation (midpoint touched)

Alerts included

Formation alerts

TF1 / TF2 / TF3: Demand formed

TF1 / TF2 / TF3: Supply formed

Combined: TF1+TF2 and TF1+TF2+TF3 zone formed

Proximity alerts (before touch)

Alerts when price is approaching a zone (configurable % distance)

Combined alerts: TF1+TF2 and TF1+TF2+TF3

How to use (important)

This indicator is NOT a standalone entry signal.
Zones must be traded with context:

Align with trend / market structure

Look for liquidity grabs / sweeps

Wait for reaction and confirmation before entering

Visual settings

You can customize colors and transparencies for Demand/Supply in the settings.

Made for EugenioTheDog – Grupo VIP Mackaqui.
Not financial advice. Use at your own risk.