The Advanced Supply Demand indicator auto-plots the most recent swing low as a dashed demand line and swing high as a dashed supply line, then prints a green BUY arrow on a reaction up from demand or a red SELL arrow on a rejection at supply. Also, the zones carry forward until a fresh swing replaces them.
For more like this, browse the more trend indicators for forex or jump to the full MetaTrader indicator hub.
What the Advanced Supply Demand Indicator does on the chart
The Advanced Supply Demand indicator plots the most recent swing low as a dashed green demand line and the most recent swing high as a dashed red supply line, carrying each level forward until a fresh swing replaces it.
When price dips into the demand line and closes back above it with a bullish bar, a green BUY arrow prints; when price tags the supply line and closes back below it with a bearish bar, a red SELL arrow prints.
Key features and settings
- Auto demand (swing-low) and supply (swing-high) zones
- Levels carry forward until a new swing forms
- Green BUY arrow on a reaction up from demand
- Red SELL arrow on a reaction down from supply
- Configurable swing lookback
- Full alert system: popup, push notification to mobile MetaTrader, email, and sound — all four channels toggle independently from the inputs panel. Alerts fire once per closed bar so you never get spammed mid-tick.
- Built for both MT4 and MT5; works on every timeframe and every symbol your broker offers.
- Lightweight code that does not slow down the chart.
| Setting | Description | Default |
|---|---|---|
SwingLookback |
Bars on each side that define a swing | 8 |
ArrowOffsetPoints |
Arrow offset from the candle wick | 40 |
EnableAlerts |
Master toggle for the alert system | true |
EnablePopup |
MT4/MT5 popup dialog on signal | true |
EnablePushNotify |
Mobile push notification (configure MetaQuotes ID first) | false |
EnableEmail |
SMTP email (configure Tools -> Options -> Email) | false |
EnableSound |
Play .wav from MT4/Sounds on signal | false |
How to read signals from the Advanced Supply Demand Indicator
The freshest reaction off an untested zone tends to be the cleanest.
Entry idea (long). Wait for a green BUY arrow at the demand line; stop just below it.
Entry idea (short). Wait for a red SELL arrow at the supply line; stop just above it.
Also, Exit idea. Target the opposite zone.
Tuning the Advanced Supply Demand Indicator inputs
Still, start with the defaults, then tune for your market. SwingLookback (default 8) tunes how the calculation behaves. Thus, every alert channel — pop-up, sound, email and mobile push — toggles independently in the same inputs panel, and alerts fire once per closed bar.
Recommended timeframes and instruments
This indicator maps supply, demand and key levels, which are cleanest on higher timeframes.
- H4 and Daily to map the levels that matter.
- M15 to H1 to time entries off those levels.
Mark the higher-timeframe zones first, then drop down for the entry. In practice, most useful on EURUSD, GBPUSD, USDJPY and XAUUSD.
How to install on MT4 and MT5
Installation is the same for every indicator on this site. Also, hence, unzip the download, copy the compiled .ex4 into your MT4 MQL4/Indicators folder (or the .ex5 into MT5 MQL5/Indicators), refresh the Navigator, then drag it onto the chart. For the full step-by-step with alert setup and troubleshooting, see our guide to installing MT4 and MT5 indicators.
Best practices and tips
- Mark higher-timeframe zones first and trade reactions, not the raw level.
- Look for a rejection wick or momentum shift before entering at a zone.
- Wait for the bar to close before acting on a signal.
- Backtest your configuration on at least 200 closed bars before trading live.
- Keep position sizing small while you learn how the tool behaves on your instrument.
- Review your results weekly and prune settings that underperform.
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Related on forexmt4systems.com: Supply and Demand Strategy.
Built by forexmt4systems.com
This It is one of 1,383 free MT4, MT5 and TradingView indicators we publish and maintain. Then, typically, every tool ships with ready-to-use compiled MT4 (.ex4) and MT5 (.ex5) files, a 4-channel alert system (popup + mobile push + email + sound), and is loaded on EURUSD H1 before release to confirm it draws cleanly without repainting. The same one-step email opt-in below unlocks the entire library – not just this one indicator.
FAQ
What does the Advanced Supply Demand measure?
It plots a clear signal layer that the Advanced Supply Demand computes from recent price and volume on the chart.
Is the indicator non-repaint?
By default the indicator only confirms a signal on the bar close, so the printed signal locks in once that bar closes. Also, still, yet, some users prefer the early intra-bar mode for faster signals — both options are in the inputs.
Which timeframe should I use?
There is no single best timeframe. Thus, truly, m15 to H1 is a common starting point for intraday traders, and H4 to D1 works for swing traders. Backtest the configuration on the timeframe you actually trade.
Does it work on instruments other than forex?
It works on any instrument MT4 and MT5 supports — forex majors, gold (XAUUSD), indices like US30 and NAS100, and major cryptos. Also, hence, plainly, fast-moving instruments may need a smaller period setting.
Can I add alerts?
Yes. Also, Pop-up, sound, push, and email alerts live in the inputs panel. On MT4 and MT5 the alert plays on the bar close that triggers the signal. Next, this indicator ships with full alert functionality built in: popup alerts on the chart, push notifications to mobile MetaTrader, email alerts, and a sound alert with a configurable .wav file. you toggle each channel independently from the inputs panel (EnableAlerts, EnablePopup, EnablePushNotify, EnableEmail, EnableSound). Alerts trigger once per closed bar.
For external background reading, see the background reading on moving averages. Are results guaranteed?
No. Trading involves risk. Results are not guaranteed. Past performance is not indicative of future results. Use the tool as one input. Always backtest before trading live.
Category: this is part of our Trend collection. Then, still, browse more Trend for MetaTrader, or explore every MT4 indicator and MT5 indicator on the site.
External references
- For background on this concept, see Technical analysis on Wikipedia.
- For broader market context, see trading strategies at IG.