Order Blocks

Order Blocks

null

Order blocks are the ‘smart money’ footprints in the charts

This ‘Smart Money’ Order Block indicator uses a custom coded algorithm to highlight order blocks on MT4 charts. Its smart enough to distinguish between mitigated and unmitigated order blocks, and alerts to popup, push & email.

order block indicator

 

  • Displays both bullish and bearish order blocks
  • Option to display only bullish or bearish order blocks
  • Highlights change when an order block has been mitigated
  • Select ‘all candles’ in the order block or just the ‘last candle’
  • Highlights the order block ‘candle only’ or ‘candle with wicks’
  • Adjust how many candles to look back for order blocks
  • Adjust the length of the order block lines
  • Alerts to Popup, Push & Email

Order Blocks Indicator package

$29

Not familiar with “Smart Money” concepts? Want to learn?

This order block indicator comes with 25+ hours of Smart Money video courses (in full HD) by some of my mentors, a VERY valuable education! (all the video courses are available to download from our private Telegram group)

$29 – Purchase the Order Blocks indicator package via Paypal

Instant download after payment

Order Blocks MT4 Indicator

 

order block indicator

  • Display OB Option – Allows you to display:
    • Both bullish and bearish order blocks
    • Bullish order blocks only
    • Bearish order blocks only
    • Hide all order blocks
  • Look-back Candle Count – Set the amount of candles that the indicator will look back to highlight order blocks
  • Sensitivity – Adjust to highlight more or less order blocks. A higher number will make the indicator algorithm show ‘stronger’ order blocks, and a lower number will show more (less important) order blocks
  • OB Line Type – Choose to highlight the order block candle (body) only, or to highlight the order block candle body AND its wicks
  • === Alerts ===
    • Popup Alert – Alert will trigger the popup window and an alert sound
    • Push Alert – Alert will trigger a message sent to your cell phone
    • Email Alert – Alert will trigger a message sent to your email address
  • === Visualization ===
  • OB Line Length, Bars – If set to 0 (zero) the order block lines will extend all the way to the current candle
  • OB Candle Capture – Choose to highlight all the candles that make the order block (whole OB) or the last candle of the order block only (last candle only)
  • Bull OB line color – Select the color of your choice
  • Bear OB line color – Select the color of your choice
  • OB Line Width – Select the size of the order block lines
  • OB Line Style – Select the style of the order block lines (solid, dot, etc)

 

A little refresher course on Order Blocks:

 

Order blocks are the ‘smart money’ footprint in the charts. When price comes back to the order block we have an opportunity to get in and ride their coat-tails. The best types of order blocks are the ones that are followed by a big explosive move away in the opposite direction.

The strongest order blocks:

  • Take liquidity first (stop hunt)
  • Price moves away aggressively
  • Leaves a market imbalance (FVG) due to the large volume contained in the move

So when looking for good order blocks, ask yourself:

  • Did price take liquidity first?
  • Did price move away strongly & make a FVG? (Fair Value Gap)

When price returns to an Order block:

  • It should react to either the open or 50% level (equilibrium) of the candle

If you marry these important points up with your higher timeframe confluences (market structure, order flow, liquidity targets) the order blocks you choose to trade from will be even more powerful.

 

Indicator Display Options:

 

Displays both bullish and bearish order blocks on any timeframe:

order block indicator

 

Option to display only bullish or bearish order blocks:

 

Order block highlights change when an order block has been mitigated:

order block indicator

 

Adjust the ‘Sensitivity’ setting to show less (stronger) or more (minor) order blocks:

 

Choose to highlight the ‘last candle’ in the order block or the ‘whole OB’:

order block indicator

 

Choose to highlight the order block ‘candle with wicks’ or ‘candle only’:

 

Adjust the length of the order block lines:

order block indicator

Order Blocks Indicator package

$29

Not familiar with “Smart Money” concepts? Want to learn?

This order block indicator comes with 25+ hours of Smart Money video courses (in full HD) by some of my mentors, a VERY valuable education! (all the video courses are available to download from our private Telegram group)

$29 – Purchase the Order Blocks indicator package via Paypal

Instant download after payment

This indicator is one of a collection of eight ‘Smart Money’ Indicators for MT4:

null
8 Pack - Smart Money Indicator Collection
Special Offer: Get the whole suite of 8 MT4 Smart Money indicators
Best Value!! 8 indicators for the price of 4 - Just $149
Read more...