Supply & Demand Zones with Broken Zone Detection

This indicator automatically identifies and draws key supply and demand zones on a chart, highlighting where institutional buying or selling pressure has historically acted. It also monitors zones for breaks (i.e. when price decisively crosses through a zone) and changes their status or appearance accordingly.

Key features include:

Automatic detection of fresh zones based on consolidation + impulse patterns

Classification and visual updates when a zone is tested, used, or broken

Option to retain broken zones in the background (lighter style) for reference

Customizable visual styles (colors, transparency, labels)

Alerts when zones are broken or retested