🌟 Features One by One (With Section Breakdown)
1. Smart Supply & Demand Zones (Section 3 & 6) The script doesn’t just draw random support and resistance lines; it uses Pivot Highs and Pivot Lows to identify true swing points.
Supply Zones (Red): Formed at Pivot Highs. These represent areas where sellers overwhelmed buyers.
Demand Zones (Blue): Formed at Pivot Lows. These represent areas where buyers overwhelmed sellers.
2. Deep Volumetric Analysis (Section 6) Instead of just drawing a box, the script analyzes the actual candle that created the zone to determine how strong the reversal was. It splits the zone into two internal boxes showing Buy Volume % vs Sell Volume %.
Simple: Based purely on where the candle closed within its high-low range.
Hybrid: Gives extra weight to the physical body of the candle (committed volume) over the wicks.
Delta: Measures the directional delta of the body relative to the entire range.
3. The “Specific Section” Explained: Zone History & State Management (Section 5) This is the most powerful part of the code (method Trace_History). It gives each zone a “memory”:
Fresh: The zone is drawn brightly and extended to the right.
Tested (Touched): If price comes back and dips into the zone, the script instantly changes the zone’s opacity (makes it dimmer) and triggers a “Touch” alert. It remembers that this zone is no longer fresh.
Broken (Invalidated): If the price completely breaks and closes through the back of the zone, the script realizes the zone has failed. It triggers a “Breakout” alert, removes the zone from the active list, and either stops drawing it or deletes it entirely to keep your chart clean.
4. Breakout Dashboard (Section 7) A live table on your chart that constantly updates with the exact price coordinates of the active Supply and Demand zones, so you know exactly where the breakout levels are without having to scroll back through the chart.
⚙️ Inputs & Settings
When you apply this to your chart and open the settings (gear icon), here is what you can control:
1. Theme Colors
Customize the colors of the Bull (Demand) and Bear (Supply) zones, as well as the text and background colors of the dashboard table to match your chart’s dark or light mode.
2. SMC Zone Analysis (Hidden by default, used for logic)
Analysis Left/Right Bars: Dictates how many bars must pass to confirm a Pivot. (Default is 30 left, 2 right). Higher numbers mean major, macro zones. Lower numbers mean minor, scalp zones.
Max Zones: Limits how many active zones are displayed on the screen at once to prevent chart clutter.
3. Volumetric Details
Volumetric (Toggle): Turn the internal buy/sell percentage boxes on or off.
Pressure: Choose your volume algorithm (Simple, Hybrid, Delta).
Zone Type (Inside/Outside): Determines how the box is drawn. “Outside” draws the Supply zone above the pivot high, while “Inside” draws it below the pivot high into the candle body.
Delete Breaked: If checked, once a zone is broken by price, it is completely erased from the chart to keep things clean.
4. Alerts
Zone Test: Fires an alert the exact moment the price touches a zone.
Breakout: Fires an alert the exact moment the price breaks entirely through a zone.
