DTFX Algo Zones Indicator for MetaTrader 4 – Free Download [TradingFinder]

The DTFX Algo Zones Indicator is an advanced technical analysis tool that automatically identifies zones of supply and demand.

Its primary goal is to pinpoint high-probability reversal areas based on the analysis of Swing Points and Fibonacci logic.

Unlike other tools that provide direct buy/sell signals, this indicator acts as a visual guide for understanding market structure, dynamically displaying significant support and resistance levels as colored zones (green and red).

DTFX Algo Zones Indicator Table

The key features of the DTFX Algo Zones Indicator are summarized in the following table.

DTFX Algo Zones at a Glance

The colored zones in the DTFX Algo Zones Indicator are a blend of key technical components and advanced algorithms, defined as follows:

• Swing Point Detection: Extracting supply and demand areas based on valid price reversals;
• Fibonacci Overlap: Reinforcing zones via alignment with the 50%, 61.8%, and 78.6% Fibonacci levels on price swings;
• Price Action Analysis: Evaluating zone accuracy through candlestick reversal patterns, momentum intensity, and price reaction;
• Advanced Algorithmic Filter: Automatically filtering out weak zones to enhance precision.
• Dynamic Visual Display: Showing zones with varying color intensity and transparency according to their validity.

Indicator in an Uptrend

In the 15-minute timeframe, the AUD/CHF currency pair is in an uptrend. A trade entry is considered when the price touches a DTFX demand zone and bullish signals emerge, such as bullish candlesticks or long lower shadows in a green zone.

Additional confirmations, such as a high volume or a downtrend line breakout, enhance the reliability of the entry and define a strong long-term opportunity.

Indicator in a Downtrend

The chart below shows the EUR/CAD pair on a 15-minute timeframe. In a downtrend, when the price enters a DTFX supply zone, selling pressure is activated, and a trade opportunity emerges.

Bearish reversal patterns such as engulfing candles or long upper shadows in a red zone signal the market's tendency to continue declining.

If this bearish reaction coincides with Fibonacci levels or a descending trendline, the zone's reliability increases, offering an ideal sell entry point.

DTFX Algo Zones Indicator Settings

The image below illustrates the DTFX Algo Zones Indicator Settings Panel:

• ZIGZAG PERIOD: Zigzag Period;
• ZIGZAG BACKSTEP: Zigzag Backstep;
• DISPLAY ZIGZAG: Toggle Zigzag Display;
• DISPLAY PIVOT LABELS: Toggle Pivot Labels;
• ZIGZAG COLOR: Zigzag Color;
• BULLISH BOX: Bullish Box;
• BULLISH LINE: Bullish Line;
• BEARISH BOX: Bearish Box;
• BEARISH LINE: Bearish Line;
• HISTORY LIMIT: History Limit.

Conclusion

The DTFX Algo Zones Indicator is a powerful tool designed to detect supply and demand zones with high reversal potential, based on price action, Fibonacci confluence, and market structure.

This trading tool, With precise visualization and smart algorithmic filters, it highlights key zones clearly without cluttering the chart.