OPEN-SOURCE SCRIPT

Basic Odds Enhancer: Supply Zone for Shorts

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How to Use/Adjust:

On your chart, it marks bars where a 20-bar high coincides with high volume and bearish divergence—flag these as supply zones.
Tweak supply_threshold to 2.0 for stricter volume (fewer but stronger signals).
For zones, manually draw rectangles around the flagged area (use Drawing Tools > Rectangle).
Backtest: Apply to historical data (e.g., EUR/USD 4H) and check win rate with shorts on retests.



This setup typically yields 2-5 signals per week on major pairs, depending on volatility. Test on a demo account, and combine with market context (e.g., avoid shorts in strong uptrends).

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