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EP16 Free trading lesson · Tools

Free Indicator for Demand/Supply, Order Block and FVG Zones

A free MT4 indicator and template that draws zones automatically, with 5-step installation, a recap of each zone type and how to choose zones for trade entries.

By 1TRADER6 min readUpdated 16 Oct 2026
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Note: This indicator works with MT4 on a Windows computer, following the steps in this article. The zones are an analysis aid, not trading signals. This content is for education only and is not investment advice.

Quick summary before you read

  • A free MT4 indicator + template that draws demand/supply zones, order blocks and bullish/bearish FVGs automatically
  • Install in 5 steps: download → extract → copy the folders → paste into the data folder → load the template and tick OB and FVG
  • Works with MT4 only, not MT5
  • The zones help you find entries but are not trading signals; always check the trend and set a stop loss

Previous lessons: EP1 Trends · EP2 Sideways markets · EP3 Trend reversals · EP4 Speed line · EP5 Demand & supply zones · EP6 FVG · EP7 Divergence · EP8 FIBO · EP9 Money management · EP10 Free backtesting · EP11 Stochastic · EP12 Bollinger Bands · EP13 Starting capital · EP14 Sniper (All-in) · EP15 Free TradingView

01Features

What does this indicator do?

After learning demand/supply zones and order blocks (EP5) and FVG (EP6), the most common beginner problem is drawing zones wrongly or not finding them at all. So this lesson gives you a free indicator and template that draws these zones for you automatically on MT4.

It does 2 things
1
Draws demand / supply zones automatically – including bullish and bearish order blocks
2
Draws bullish / bearish FVGs automatically – showing gaps that price may come back to fill
MT4 indicator drawing zones automatically on the H1 gold chart: supply zone, bearish order block, bearish FVG, bullish FVG and bullish order block
The indicator on the H1 gold chart: supply zone, bearish OB, bearish FVG, bullish FVG and bullish OB · tap to enlarge
2 featuresZones + FVG
5 stepsInstalled in a few minutes
1 templateZ_DemandSupplyAndOrderblock
$0 freeFor MT4
02Zones

Demand/supply zones, order blocks, FVG: what are they for?

A quick recap before installing. For the full details, go back to EP5 Demand & supply zones + order blocks and EP6 Fair value gap (FVG).

1 Demand zone
A buying zone with heavy buying pressure; used for buy entries, with the SL below the zone
2 Supply zone
A selling zone with heavy selling pressure; used for sell entries, with the SL above the zone
3 Bullish order block
Drawn from the last red candle before price surges up; used for buy entries
4 Bearish order block
Drawn from the last green candle before price drops hard; used for sell entries
5 Bullish / bearish FVG
A gap in a 3-candle sequence created by a strong move; price often comes back to fill it
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An order block isn’t just any candle; it is the last opposite-colour candle before a strong move. An FVG uses 3 candles: a bullish FVG is the gap between the high of candle 1 and the low of candle 3 where the wicks don’t overlap (a bearish FVG is the reverse).

FVGs often come from big news or large orders. Use them to judge whether price may return to close the gap, and as entries together with demand/supply zones or order blocks for better accuracy.

03Install

How to install the indicator in MT4 (5 steps)

Download the indicator + template freeThe “Template and indi Free” archive for MT4
Free download ↗

Step 1: Download and extract

1
Download the file – from the button above, then right-click it and choose Extract to Template and indi Free (or Extract All in Windows)
Right-click the downloaded indicator file and choose Extract to Template and indi Free to extract it
Right-click and choose Extract · tap to enlarge

Step 2: Copy the 2 folders

2
Copy the folders – open the extracted folder, select MQL4 and templates, then right-click and choose Copy
Select the extracted MQL4 and templates folders, then right-click and choose Copy
Select the MQL4 and templates folders and click Copy · tap to enlarge

Step 3: Open the MT4 data folder

3
Open Data Folder – open MT4, click the File menu and choose Open Data Folder
The File menu in MT4 with Open Data Folder selected to open the program data folder
File > Open Data Folder in MT4 · tap to enlarge

Step 4: Paste the folders

4
Paste – right-click an empty area in the window that opens and click Paste. If Windows asks whether to merge folders with the same name, answer Yes
Right-click an empty area in the MT4 data folder and choose Paste to add the MQL4 and templates folders
Right-click in the MT4 data folder and click Paste · tap to enlarge

Step 5: Load the template and turn on OB and FVG

5
Template – restart MT4, right-click the chart and choose Template > Z_DemandSupplyAndOrderblock. Click the bottom-right panel as shown, then tick the OB and FVG buttons at the top right (just once)
Right-click the MT4 chart, choose Template and then Z_DemandSupplyAndOrderblock, then tick the OB and FVG buttons at the top right
Choose the Z_DemandSupplyAndOrderblock template and tick OB and FVG · tap to enlarge

That’s it, the indicator is ready to use. To use it on another chart, just right-click and load the same template.

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These files are for MT4 only and don’t work with MT5. If you have several MT4 installations (several brokers), paste the folders into each one’s data folder. If you use TradingView (EP15), see the free FVG indicator in EP6.

04How to use

Use the indicator’s zones to find entries in 5 steps

The indicator helps you see zones faster, but it doesn’t tell you which zone to trade. The steps below help you pick only the interesting ones.

Checklist before trading a zone
1
Check the higher-timeframe trend – on H4 or H1 with trends and trendlines; in an uptrend focus on buy zones, in a downtrend on sell zones
2
Pick zones that match the trend – uptrend: demand zone / bullish OB / bullish FVG; downtrend: supply zone / bearish OB / bearish FVG
3
Look for overlapping zones – such as a bullish FVG above a bullish OB inside a demand zone; the more conditions line up, the more interesting the zone
4
Wait for a retest + confirmation – such as a reversal candle, RSI divergence or the zone lining up with FIBO 61.8%
5
Put the SL outside the zone, then size your lot – buys: SL below the zone; sells: SL above it; TP at the opposite zone. Size your lot as in EP9 Money management
Buy-side example
A
Uptrend – price pulls back into a demand zone
B
Overlapping zones – a bullish FVG + bullish OB in the same area
C
Buy – after a confirmation candle, with the SL below the bullish OB and TP at the next supply zone
Sell-side example
A
Downtrend – price bounces up into a supply zone
B
Overlapping zones – a bearish FVG + bearish OB in the same area
C
Sell – after a confirmation candle, with the SL above the bearish OB and TP at the next demand zone
05Cautions

Cautions when using zone indicators

Common beginner mistakes
1
Trading every zone you see – there are many zones on the chart; trading all of them means often trading against the trend
2
Using too small a timeframe – M1–M5 has lots of zones and many false ones
3
No stop loss – zones can always break, especially during big news
4
Trusting a zone after it breaks – a broken zone may flip, with demand becoming supply, as covered in EP5
Use it well
1
Find zones on H1/H4 – then drop to a smaller timeframe to time the entry
2
Check zones with your own eyes – compare them with the rules from EP5 and EP6 to make sure they make sense
3
Backtest before going live – practise on past charts with the free backtesting sites (EP10) or a demo account
4
Avoid big news – check the economic calendar before trading
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The indicator calculates zones from candles that have already formed. As new candles appear, zones may be added, adjusted or removed, so use it as a tool to help you see zones, not as an automated trading system.

06Summary

Summary of all 6 zone types

ZoneFormed byUsed forSL
Demand ZonePrice pauses, then surges upBuyBelow the zone
Supply ZonePrice pauses, then drops hardSellAbove the zone
Bullish Order BlockThe last red candle before price surgesBuyBelow the OB low
Bearish Order BlockThe last green candle before price dropsSellAbove the OB high
Bullish FVGGap from candle 1 high to candle 3 low in an up moveBuy when price pulls back to fill itBelow the FVG or OB
Bearish FVGGap from candle 1 low to candle 3 high in a down moveSell when price bounces up to fill itAbove the FVG or OB

A zone indicator helps beginners see zones quickly and consistently, cutting down on badly drawn zones. But choosing the zone, waiting for confirmation and setting the stop loss are still the trader’s job. Always use it with the trend and money management.

07FAQ

FAQ about the zone indicator

Does this indicator work with MT5?

No. These files are made for MT4 (they sit in the MQL4 folder), while MT5 uses MQL5 and a different file format, so they can’t be installed across platforms. If you use TradingView, see the free FVG indicator in EP6.

I installed it but can’t find the Z_DemandSupplyAndOrderblock template. What should I do?

Check that you pasted the MQL4 and templates folders into the data folder of the MT4 you are actually using, because each MT4 (each broker) has its own data folder. If Windows asks whether to merge folders, answer yes, then restart MT4.

Do I need to tick OB and FVG every time?

Usually only once after loading the template. If zones don’t appear on a new chart, load the template again and tick them, then save it as your own template with Template > Save Template.

How is a demand/supply zone different from an order block?

A demand/supply zone is the area where price pauses before surging up or dropping hard, so it is a wide zone. An order block is narrower, drawn from the last opposite-colour candle before a strong move; for example, a bullish OB is the last red candle before price surges up.

Does price always come back to fill an FVG?

Not always. An FVG is only an area price may return to fill; sometimes it fills only partly or keeps running. So use FVGs together with the trend, demand/supply zones or order blocks, and always set a stop loss.

Can I trade every zone the indicator draws?

You shouldn’t. Pick only zones in the direction of the higher-timeframe trend and zones where several conditions overlap, and wait for confirmation when price returns to the zone before entering.

Is it safe to download a free indicator like this?

Only download from the link in this article. The indicator and template never need your trading account password; if a window asks for a password, card details or to install other software, stop immediately. Test it on a demo account before using it on a live account.

See all lessons in the free Forex and gold trading course

Risk warning: Trading Forex, gold and CFDs carries a high level of risk and you may lose money. 1TRADER provides information and education to support your own decisions only. The indicator is shared for education; past results and chart zones do not guarantee future results. MetaTrader 4 is a trademark of MetaQuotes. Read the full risk disclosure.