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Demand Zone

Godmode 4.0.2 [Supply/Demand]First off, a huge thank you to the following people: LEGION: LazyBear: tradingview.sweetlogin.com xSilas: tradingview.sweetlogin.com Ni6HTH4awK: tradingview.sweetlogin.com sco77m4r7and: SNOW_CITY: tradingview.sweetlogin.com oh92: tradingview.sweetlogin.com alexgrover: tradingview.sweetlogin.com cI8DH: tradingview.sweetlogin.com DonovanWall: tradingview.sweetlogin.com shtcoinr: tradingview.sweetlogin.com This is the third iteration of Godmode. This time I borrowed the method used by shtcoinr to render supply/demand, resistance and support zones. The idea here is to input the appropriate benchmark tickerid to the asset class you're trading and to paint zones according to the price activity of the selected tickerid. This works very well trying to paint meaningful zones against noisy stocks, currencies, commodities etc. Use a correlation coefficient to determine the best benchmark for your asset class. Want to Learn? If you'd like the opportunity to learn Pine but you have difficulty finding resources to guide you, take a look at this rudimentary list: docs.google.com The list will be updated in the future as more people share the resources that have helped, or continue to help, them. Follow me on Twitter to keep up-to-date with the growing list of resources. Suggestions or Questions? Don't even kinda hesitate to forward them to me. My (metaphorical) door is always open.
Pine Script® indicator
by chrysopoetics
63