Shved Supply and Demand Indicator for MT4

The Shved Supply and Demand Indicator for MT4 automatically identifies and draws key supply and demand zones directly on the price chart.

These zones represent areas where strong buying or selling pressure previously caused significant price movements.

This support and resistance indicator highlights these zones and classifies them based on how often price has interacted with them, giving traders a structured view of market structure and liquidity areas.

Why traders use the Shved Supply and Demand Indicator

Traders use this indicator because it visualizes where major order flow imbalances have occurred in the past.

These areas often act as turning points where price reacts strongly, making them useful for planning entries, exits, and stop-loss placement.

The indicator is especially valuable for identifying whether a zone is weak, untested, verified, or proven.

Untested zones often attract price for the first time after a strong move, while verified and proven zones show repeated reactions and higher reliability.

Turncoat zones, on the other hand, can flip from support to resistance or vice versa after a breakout, offering potential reversal opportunities.

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Indicator Chart Setup

Once applied to MetaTrader 4, the indicator draws colored supply and demand zones directly on the main price chart.

Each zone includes a label explaining its type and strength.

Weak zones indicate minimal reaction, while stronger zones show repeated price interaction.

Fractals can be displayed to help identify swing points used in zone construction.

As price develops, zones remain visible to help traders track historical liquidity areas.

Core Features

Automatic supply and demand zone detection
Classification of zones (weak, untested, verified, proven, turncoat)
Fractal-based swing identification
Visual zone labeling on the chart
Alert system for zone interaction
Push notification support for mobile trading

Best for

Identifying high-probability reversal zones
Trading institutional supply and demand areas
Planning entries around market structure
Setting logical stop-loss levels
Combining with price action strategies

Best Markets

Major Forex pairs such as EUR/USD, GBP/USD, and USD/JPY where liquidity creates clear zones
Volatile cross pairs such as GBP/JPY, EUR/JPY, and AUD/JPY
Gold (XAU/USD) where strong institutional supply and demand levels often form
Stock indices such as NASDAQ 100, S&P 500, and DAX 40 during active trading sessions
Energy and commodity CFDs such as Brent Crude and WTI Oil

Trading Styles

Scalping around intraday supply and demand reactions
Day trading based on fresh zone retests
Swing trading from higher timeframe zones
Breakout and reversal trading from zone breaks or rejections
Trend continuation trading using zone retests in the direction of momentum

How traders use it

Traders typically wait for price to return to a marked supply or demand zone before looking for confirmation entries.

In an uptrend, demand zones are used to find BUY opportunities, while in downtrends, supply zones are used for SELL setups.

Stop-loss orders are often placed just outside the zone boundary to protect against false breakouts.

A common strategy is combining the Shved Supply and Demand Indicator with the 50 EMA.

When price is above the 50 EMA, traders focus only on demand zones for long entries.

When price is below the 50 EMA, attention shifts to supply zones for short trades.

For example, if price retraces into a demand zone while still above the 50 EMA, traders wait for bullish confirmation such as a rejection candle before entering a BUY trade.

This alignment helps filter lower-quality setups and keeps trades in the direction of the dominant trend.