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Order Blocks Finder Dynamic MT5

0.00

CHART OBJECTS:

Blue field: Bullish Order Blocks (OB)

Purple field: Bearish OB

Orange field: Mitigated OB. Value bounce from this space the made a brand new excessive/low

Mild grey field: Value bounced from this space however didn’t made a brand new excessive/low

Darkish grey field: Damaged OB. 

INDICATOR SETTINGS:

Order Block Required Size: Required variety of subsequent candles in the identical route to determine Order Block. Default worth: 5

Imbalance Required: Add situation to require imbalance for OB standards (see pictures under)

Doji: Measurement of doji candles in %value to be disregarded in counting of subsequent candles. Default worth: 0.01. May be adjusted to zero to exclude dojis.


FUTURE UPDATES:

  • Multi timeframe – executed (Please replace to the newest model)
  • Panel to trace a number of symbols and timeframes

I am open for function options to incorporate for this indicator.

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