Supply & Demand Zones + Order Block (Pro Fusion) - Auto Order

The Supply & Demand Zones + Order Block (Pro Fusion) - Auto Order indicator provides a comprehensive toolkit for identifying institutional price levels and executing automated breakout strategies based on volume and trend alignment.

Usage

This tool can be used to identify key areas of interest where price may reverse or accelerate. The indicator automatically identifies supply and demand zones based on swing high and low logic, as well as order blocks formed by consecutive candle structures.

• Breakout Trading: The indicator generates signals when price interacts with a demand or supply zone, provided there is a confirmed volume spike and price is on the correct side of the 50 EMA.
• Order Blocks: Bullish and bearish order blocks are highlighted with boxes and labels, representing areas of significant market participant activity.
• Momentum Filtering: The integrated Scalp Pro logic acts as a secondary confirmation, using a smoothed MACD-style momentum calculation to identify trend shifts.
• Automated Management: The script includes built-in strategy execution logic with dynamic stop losses and trailing stops to manage risk automatically.

Details

The script utilizes a lookback period to determine "strong" swing points for zone identification. A demand zone is established at a strong swing low, while a supply zone is established at a strong swing high.

The Order Block logic requires a specific number of consecutive candles in one direction followed by a significant percentage move to qualify as an institutional block. The Scalp Pro filter uses exponential smoothing constants to reduce noise in the momentum calculation, ensuring that only high-probability crossovers are signaled.

Settings

• Swing Lookback Period: The number of bars used to determine strong highs and lows for supply and demand zones.
• Zone Padding: Adds a price buffer to the identified zones.
• Max Zones to Display: Limits the number of active supply and demand levels shown on the chart.
• Show Breakout Signals: Toggles the visibility of the primary BUY/SELL breakout labels.
• Show EMA 50: Displays the 50-period Exponential Moving Average used for trend filtering.
• Order Block Periods: The number of consecutive candles required to identify an order block.
• Min % Move for OB: The minimum percentage price change required for an order block to be valid.
• Use Wick Range for OB: When enabled, uses the full candle wick range for the order block box rather than just the body.
• Fast/Slow/Smooth Lines: Parameters for the Scalp Pro momentum filter calculation.

FAQ

How do I use the breakout signals?

Signals are generated when price breaks out of a demand or supply zone with high volume and trend confirmation. A green "BUY" signal appears when price breaks above demand in an uptrend, while a red "SELL" signal appears when price breaks below supply in a downtrend.

What is the purpose of the 50 EMA?

The 50 EMA acts as a trend filter. Long signals are only prioritized when price is above the EMA, and short signals are prioritized when price is below it, ensuring trades align with the medium-term momentum.

How can I access this tool?

You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.