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.