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 v6 · On the chart
Supply and Demand Zones with Market Structure
This indicator draws supply and demand zones from confirmed swing highs and lows, using the candle body edge to bound each box.
GitHub stars1on the repository
Pine versionv6current
Lines of code226
Settings19inputs
LicenceCustom licence
Last update2 months ago7 Aug 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
Zones extend to the right until price closes through them, then they are removed or greyed out, and only the newest zones per side are kept. It also labels higher highs, higher lows, lower highs and lower lows, draws a zigzag of swings and marks breaks of structure. Swings confirm late, by the swing length.
- Supply and demand zones from swing points
- HH, HL, LH and LL labels
- Zigzag and break of structure markers
- Zone removal or grey out after a break
Details
Published by
jayadevrana on GitHub
Type
Draws
On the price chart
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.
Repository
Topics
indicatormarket-structurepine-scriptpinescript-v6supply-demandtradingview
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Swing High/Low Length | int | 8 | swingLength |
| Show zig-zag of swings | bool | true | showZig |
| Show swing labels (HH / HL / LH / LL) | bool | true | showLabels |
| Show Break of Structure (BOS) | bool | true | showBos |
| Show supply / demand zones | bool | true | showZones |
| Zones to keep per side | int | 10 | zonesToKeep |
| Give thin zones a minimum thickness | bool | true | useAtrFloor |
| Minimum thickness (x ATR) | float | 0.5 | atrMultFloor |
| When a zone is broken | string | Remove | mitigation |
| Extend active zones to the right | bool | true | extendRight |
| Supply zone fill | color | color.new(#e53935, 80) | supplyCol |
| Border | color | color.new(#e53935, 35) | supplyLn |
Show all 19 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Demand zone fill | color | color.new(#26a69a, 80) | demandCol |
| Border | color | color.new(#26a69a, 35) | demandLn |
| Broken zone fill | color | color.new(color.gray, 85) | brokenCol |
| Zig-zag line | color | color.new(color.gray, 0) | zzCol |
| Bullish structure | color | #26a69a | bullCol |
| Bearish structure | color | #e53935 | bearCol |
| Show dashboard | bool | true | showTable |
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.
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