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TSupplyDemand Oscillator

NOTE: The TSupplyDemand Oscillator breaks down volume into trades made at the best bid price and those executed at the best ask price. This indicator provides insight into market dynamics by showing whether sellers or buyers are more aggressive.

Use Case

  1. A wide gap between the Supply/Demand Line indicates which side is in control.
  2. When the Supply/Demand Line is low, it highlights areas of NO SUPPLY / NO DEMAND.
  3. When the Supply/Demand Line crosses, it signals a shift between Buyers/Sellers attempting to move the price in their direction.

Example 1: NVDA - daily

Example 2: /RTY - 3 min