3 CANDLE SUPPLY/DEMAND

11월 10일

Explanation of the Code:


Demand Zone Logic: The script checks if the second candle closes below the low of the first candle and the third candle closes above both the highs of the first and second candles.


Zone Plotting: Once the pattern is identified, a demand zone is plotted from the low of the first candle to the high of the third candle, using a dashed green line for clarity.


Markers: A small triangle marker is added below the bars where a demand zone is detected for easy visualization.


Efficient Logic: The script checks the conditions for demand zone formation for every three consecutive candles on the chart.
This approach should be both accurate and efficient in plotting demand zones, making it easier to spot potential support levels on the chart.