Wednesday, July 22, 2026

BigBeluga indicator demand and supply zones

 The Supply and Demand Zones [BigBeluga] script is a powerful tool because it does not just look at pivot points; it requires 3 or more consecutive candles with above-average volume to generate a zone. [1, 2]

Because it uses volume-weighting, catching trades on ORCL and T makes perfect sense—the script successfully mapped institutional momentum. However, applying this on a 1-minute or 5-minute chart right before the 1 PM PST close requires specific adjustments to the indicator's settings and alert functions. [1, 2, 3]
1. Identify "Untested" vs. "Tested" Zones
The BigBeluga indicator utilizes distinct visual styles to denote zone strength: [1]
  • Thick Solid Borders (Untested Zones): These represent fresh institutional orders that have not been revisited yet. Only trade these.
  • Dashed Borders (Tested Zones): This signifies price has already re-entered the zone. On micro-timeframes (1M/5M), a tested zone is significantly weaker and prone to breaking. Do not buy a 1M demand box if it has already transitioned to a dashed line. [1, 2, 3, 4]
2. Configure BigBeluga Dynamic Alerts
To build your pre-close warning system on your 5-chart TradingView layout, map your alerts to the script's internal logic:
  1. Open your 1-minute chart (or 5-minute chart) where BigBeluga is loaded.
  2. Press Alt + A to open the Alert menu.
  3. Set Condition to Supply and Demand Zones [BigBeluga].
  4. In the secondary trigger condition, look for New Demand Zone or Price Entering Demand Zone.
  5. Set Trigger to Once Per Bar Close. Do not choose "Once Per Minute." Because BigBeluga requires 3 consecutive above-average volume candles to form a zone, an alert fired mid-candle can vanish (repaint) if volume dies down before the bar closes. [1, 2, 3, 4]
3. The BigBeluga Scalping Framework (12:00 PM – 1:00 PM PST)
Because micro-timeframe zones can fail under heavy end-of-day institutional volume, implement these precise entry filters: [1, 2]
  • The Volume Weighting Check: BigBeluga displays the cumulative volume of the move right next to the zone. When price drops into a 1M demand box, look at the text on the box. The buying volume that created that box must be significantly higher than the selling volume leading down into it. [1]
  • The Overlap Filter: The indicator features internal Overlap Logic that automatically deletes older overlapping zones to keep the chart clean. If you see a fresh 1-minute demand zone form directly over a broken 5-minute or 15-minute supply zone (a "flipped" zone), this represents a highly reliable, high-probability long setup. [1, 2]
To help fine-tune your configuration, do you find that the 1-minute or the 5-minute BigBeluga boxes give you cleaner entries on large cap stocks like ORCL? I can help you optimize the indicator's ATR multiplier settings for that specific timeframe.

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