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Order Blocks Indicator

CEF ORDER BLOCK SIGNALS

Description

This indicator points out zones in which, with a high probability, institutional orders with the potential to change the price’s direction and keep moving towards it, have been placed. 

How is this indicator useful?

  •  It will allow you to trade on the order’s direction, once its direction has been identified.
  • It will allow you to trade retracement or breakout patterns, everytime they occur in a given zone.
  • You’ll be able to identify potential resistance or support levels. Be mindful that you can use these levels as take profit zones.
  • You’ll be able to combine this indicator with trend and market maker patterns. In order to identify these patterns, both the “Trend Force” and “TDI Pro Signals” indicators are highly recommended.

Components

  • Horizontal green lines: These represent bullish order blocks.
  • Horizontal red lines: These represent bearish order blocks.
  • Green, red Arrows: Bullish or Bearish signal of recent OB Formed
  • Yellow Arrows: Bullish or Bearish signal of Breakout of OB.

Suggested indicators

CEF Order Block Signals is designed to work and complement its signals with following indicators:

General Indicators

Trend Indicators

Signals Tools

Pattern Tools


Aravind
5319
Aravind 2019.06.16 00:12 
 

Good. Do not trade arrow to arrow as signals, use it along with your strategy.

Version 1.4 2020.01.07
Updated Versión
Version 1.3 2019.05.27
Improve Arrows Location
Added Arrow Size parameter
Version 1.2 2019.05.23
Added Alerts
General Improvements