> For the complete documentation index, see [llms.txt](https://stockalgo.gitbook.io/userguide/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://stockalgo.gitbook.io/userguide/indicators/markdown-1.md).

# Stock Algo Supply Demand

{% hint style="info" %}
Supply and demand zones are specific areas on a price chart identified by traders where the price is likely to stall or reverse.

* **Demand Zone:** This is a range where a significant number of buy orders are expected to be executed if the stock price drops within that range. When the price enters a demand zone, it is likely to rise or stall.
* **Supply Zone:** Conversely, this is a range where a significant number of sell orders are anticipated if the stock price rises within that range. When the price enters a supply zone, it is likely to drop or stall.
  {% endhint %}

Stock Algo Supply Demand analyzes a multitude of data points related to stock price movements, subsequently generating comprehensive charts that provide users with in-depth insights regarding potential price movements as stocks approach these zones.

1. **Integrating**: To begin, expand the "Indicators" dropdown menu and navigate to the "Invite-Only" tab. From there, locate and select the "Alpha Supply Demand v1." Upon selection, the chart will show different zones of Supply and Demand with Red and Green colors according to the zone its pointing to.

   <figure><img src="/files/LYNsE6BjnCQkj9ogFJ6y" alt=""><figcaption></figcaption></figure>
2. **Supply Demand**: Upon integration, you will be able to observe various zones as illustrated below. Notably, Tesla exhibits a heightened supply around the 270 price level and substantial demand near the 200 and 170 levels. Consequently, traders are advised to monitor these critical levels closely and make decisions accordingly.

   <figure><img src="/files/A494qU5MADRoDNeMBLta" alt=""><figcaption></figcaption></figure>
3. **Settings Menu:** By hovering your Mouse  over the StockAlgo Supply Demand Zone and opting for the "Settings" feature, you gain the ability to alter both the visual display and underlying configuration. This will unveil a screen analogous to the one depicted below. Upon interacting with the highlighted settings buttons, the corresponding interface, as illustrated, will be presented, allowing for further customization.

   <figure><img src="/files/OL7ThR1souCKyQagdNfc" alt=""><figcaption></figcaption></figure>
4. **Inputs**:&#x20;

* **Pivot Period** : Decreasing the pivot value increases the frequency of supply and demand zones, whereas an increase in the pivot value correspondingly diminishes their frequency. For optimal efficiency, it is advisable to maintain the pivot period at 9.    &#x20;

  <figure><img src="/files/Qi0R057YdKXtGwdk2okx" alt=""><figcaption></figcaption></figure>
* **Source:** You can configure whether the source is derived from the high and low values of the stock within the selected timeframe or from the opening and closing prices of the candlestick for that timeframe. Please note that when the value is switched to Close/Open in the Chart below. I t is advisable to retain High/Low setting for optimal results.   &#x20;

  <figure><img src="/files/HtafQaSmcDsgoWPyfpZW" alt=""><figcaption></figcaption></figure>
* **Minimum Strength:** This value indicates the strength of the supply and demand zone, derived from the stock price's strength of action. If you wish to enhance this strength, you may adjust the value accordingly. The default setting of 1 is generally effective for many traders. When the value is increased, you may notice corresponding changes in the chart below.                         &#x20;

  <figure><img src="/files/iq9AAlG7QZZLcR0hswZ9" alt=""><figcaption></figcaption></figure>
* **Maximum Number Of Zones**: With this configuration you can specify certain number of zone you would like to view on the chart. For instance if i updated the value to 2 it will display only two  most recent zones.

  <figure><img src="/files/d9bosdDUj5rxypMxN4dI" alt=""><figcaption></figcaption></figure>
* **Colors**: You can customize the colors for resistance and support according to your preferences. The current default colors are standard red for resistance and green for support.

5. **Style**: It provides the option to toggle the visibility of Support Demand Zones; however, no active functionality exists and changing Color option is available under Inputs Tab.
6. **Visibility**: This setting is used to configure the display of time intervals such as seconds/minutes/ hours etc on indicator. It is strongly recommended to avoid making any changes to these settings.                     ![](/files/zOFbE0fTpw0jLLtrik7D)&#x20;
7. **Reset Settings**: You can revert any settings to their default values by expanding the "Defaults" dropdown and selecting "Reset Settings." Alternatively, you can save your current settings as the new default using the "Save as Default" option. However, proceed with caution, as this action will overwrite the original default values provided by Stock Algo that have been modified by the user.

   <figure><img src="/files/mz4aiMXkC2BVXrmuC5we" alt=""><figcaption></figcaption></figure>

{% hint style="info" %}
Supply and demand zones are critical in the price action of a specific stock. Utilize Stock Algo Supply Demand to accurately denote these values on the chart.
{% endhint %}


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