This overlay indicator finds pivot highs and lows on the price chart and compares the last two highs and the last two lows. When the percentage difference between a pair is below the Equal HL threshold, it treats them as equal levels and draws a box. Left and
Indicator · Pine Script v5 · On the chart
Shved Supply & Demand Optimized
The Shved Supply & Demand indicator identifies and draws dynamic supply and demand zones directly on the price chart using fast and slow pivot points.
GitHub stars6on the repository
Pine versionv5runs as is
Lines of code502
Settings27inputs
LicenceNone stated
Last update7 months ago16 Mar 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
Shved Supply & Demand Optimized determines zone height using an ATR multiplier and categorizes levels by strength, including untested, verified, proven, weak, and broken zones. Key inputs allow traders to adjust the lookback period, limit max displayed zones, configure pivot parameters, and merge overlapping levels to keep the chart clean.
- Pivot-based supply and demand zone detection
- Zone strength and status classification
- ATR-based dynamic zone width calculation
- Overlapping zone merging and right extension
- Customizable visual fills, colors, and labels
Details
Published by
alboogycOdR on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Support & resistance, SMC / ICT / price action
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Lookback Bars | int | 300 | i_lookback |
| Max Zones to Display | int | 50 | i_maxZones |
| Show Weak Zones | bool | false | i_showWeak |
| Show Untested Zones | bool | true | i_showUntested |
| Show Broken Zones | bool | true | i_showTurncoat |
| Zone Width (ATR Multiplier) | float | 0.75 | i_atrMult |
| Merge Overlapping Zones | bool | true | i_merge |
| Extend Zones Right | bool | true | i_extend |
| Fast Pivot Left Bars | int | 3 | i_fastLeft |
| Fast Pivot Right Bars | int | 3 | i_fastRight |
| Slow Pivot Left Bars | int | 6 | i_slowLeft |
| Slow Pivot Right Bars | int | 6 | i_slowRight |
Show all 27 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Show Zone Labels | bool | true | i_showLabels |
| Fill Zones | bool | true | i_fillZones |
| Border Width | int | 1 | i_borderWidth |
| Label Size | string | Small | i_labelSize |
| Enable Alerts | bool | false | i_alerts |
| Weak Support | color | color.new(#2F4F4F, 50) | c_suppWeak |
| Untested Support | color | color.new(#2E8B57, 50) | c_suppUntested |
| Verified Support | color | color.new(#008000, 50) | c_suppVerified |
| Proven Support | color | color.new(#32CD32, 50) | c_suppProven |
| Broken Support | color | color.new(#6B8E23, 50) | c_suppTurncoat |
| Weak Resistance | color | color.new(#4B0082, 50) | c_resWeak |
| Untested Resistance | color | color.new(#DA70D6, 50) | c_resUntested |
| Verified Resistance | color | color.new(#DC143C, 50) | c_resVerified |
| Proven Resistance | color | color.new(#FF0000, 50) | c_resProven |
| Broken Resistance | color | color.new(#FF8C00, 50) | c_resTurncoat |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
Similar Pine Scripts
This indicator plots labels on the TradingView price chart to mark ARK Invest's buy and sell trades for the DE stock. Buy transactions appear in green with X1 or X2 multipliers showing the number of ARK ETFs involved on the same day; sells appear in red. The m
This Pine Script indicator plots a ZigZag on the price chart. It identifies reversal points when price moves more than a set percentage from the last pivot. The script calculates forecasts using zigzag data and labels detected geometric patterns including harm
The Golden Bullet Strategy is an overlay signal indicator based on Smart Money Concepts and time-based liquidity models. It identifies liquidity sweeps of a designated reference session range during a specified hunt window. It then confirms Market Structure Sh
This indicator implements the Fractal Model concept to plot market structure shifts, liquidity sweeps, and Change in State of Delivery (CISD) levels. It overlays custom higher-timeframe candle previews, open prices, and time markers directly on the price chart
This indicator calculates pivot highs and pivot lows to detect liquidity sweeps and Swing Failure Patterns. It identifies when price breaks past recent key swing highs or lows within a configurable historical window, then looks for a quick reversal or change i
Trade Your Charts With a Regulated Broker
Compare brokers that connect to TradingView, with spreads, minimum deposits and leverage side by side.
Compare brokers