MastersOfTrading

MoT - [Analyst] - Zig Zag Supply/Demand

**THE INDICATOR**

This is our Zig Zag Supply and Demand Indicator. It is a repainting support and resistance indicator based on the ZigZag indicator . It is only meant to be used live to gauge ranges easily. It can be backtested using the replay function in TradingView.


**THE CHART**

S&P500 on the 4HR Time Frame


**ON THE CHART INDICATORS**

- On the chart we have our ATR-filtered Exponential Moving Average . It either plots further away from price or closer to price, the higher or lower the current ATR is compared to recent history.

- Also on the Chart we have our Sessions Indicator which allows you to add backgrounds for certain Trading Sessions so you can have a good gauge what Session is driving the Market.

- Finally on the main chart, we have this Indicator, our Zig Zag Supply/Demand visual indicator.


**MASTERS OF TRADING**

Many Thanks and Trade Safe!
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