Smart Scanners › Volume and spread

No Demand

An up bar — closing higher than the bar behind it — on volume lower than each of the two previous bars. Tom Williams' Signs of Weakness, principle 5.

What it looks like on a chart

A mark under the bar itself. There is no level to draw: the event is the bar.

Settings, as they are actually applied on each timeframe. A dash means this scanner emits no settings string. Where a number differs by timeframe, that is a span of chart time resolved into bars.
Timeframe	Bars of history it reads	Settings	Events, last 30 days
M15	120	—	181
M30	120	—	115
H1	120	—	40
H4	120	—	10
D1	120	—	0

No Supply the exact mirror: a down bar on the same dried-up volume
Climax the opposite volume reading in the same vocabulary: ultra-high rather than dried up