PROTECTED SOURCE SCRIPT

Demand/Supply Cloud + Volume Signal

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1. Stochastic Crossover (Crossover/Crossunder)
Stochastic Indicator: Used to find the point where %K and %D intersect (Crossover and Crossunder) in 1D (1 day) Timeframe
Signal:
White Dot Up (Crossover): When %K crosses %D up, a white dot is drawn below the candlestick
White Dot Down (Crossunder): When %K crosses %D down, a white dot is drawn above the candlestick
2. Hull Moving Average (HMA)
Calculation: Used to find the direction and speed of price movement
Signal:
Buy Signal: When the price crosses above HMA
Sell Signal: When the price crosses below HMA
Display: HMA lines are drawn on the chart
3. Demand/Supply Cloud
Usage:
Demand Zone: When the closing price is higher than HMA, it is displayed as the Demand area (green)
Supply Zone: When the closing price is lower than HMA, it is displayed as the Supply area (red)
Horizontal Bar: Displays horizontal bars in the area Demand/Supply
4. Volume Signal
Volume Threshold: When Volume is higher than 1.5 times the average Volume of 20 bars (VolumeMA)
Signal:
Volume Signal: Draw purple dots when Volume exceeds Threshold
Volume Buy/Sell: If Uptrend Volume is higher than Downtrend Volume, V-BUY (green) and V-SELL (red) dots will be drawn
5. Volume High but Can't Break Supply (V-HIGH)
Signal: When Volume is high but price cannot break through Supply Zone, orange dots will be drawn
6. Volume Low but Can't Hold Demand (V-LOW)
Signal: When Volume is low but price cannot maintain Demand Zone, red dots will be drawn
7. Label:
Volume Delta: Displays the change in Volume between each bar (between Volume and VolumeMA) in Demand/Supply area via Label showing Delta data
Settings:
Stochastic Length: Define the period for calculating Stochastic value (default is 14)
Smoothing for %K and %D: Set the smoothing of %K and %D (default is 3)
HMA Period: Set the period of Hull Moving Average (default is 9)
Summary:
This script helps to analyze the price movement on the chart through signals from Stochastic, Hull Moving Average, Volume, and Demand/Supply Zones.
Settings such as Stochastic Period, HMA, and Volume Threshold can be customized as desired.
Buy/Sell signals are based on the crossover of HMA and Volume that are highly significant.
This application is suitable for short-term trading and analyzing key market points where there may be buying or selling pressure.

This indicator works on
#crypto #forex #gold and all assets.

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