KT MTF Order Blocks MT4

KT MTF Order Blocks marks every order block on your chart as fresh or tested, and clears it the moment a candle closes through it.

Blocks from your own timeframe and two higher timeframes sit on one chart, each built from closed candles, so the blocks you scroll back through are the blocks you would have seen live.

What you get

• Bullish and bearish order blocks with a 50% line and a clear label, such as "H4 Bullish OB".
• A fresh or "(tested)" state on every block, so the first return of price is obvious.
• Broken blocks removed on a candle close, and breaker blocks drawn as dashed outlines on the other side.
• H4 and D1 blocks by default, drawn as outlines that never cover the candles.
• The three nearest blocks above and below the price for each timeframe, with labels that stay apart.
• A stop room line beyond each fresh block, measured on the symbol and timeframe you trade.
• One alert per block on the first return, or on a breaker's first retest, by popup, sound, push notification and email.

How to use it

Attach the indicator and keep the higher timeframes that suit your chart: H4 and D1 on H1, H1 and H4 on M15, D1 and W1 on H4. Watch the fresh blocks, let the alert tell you when price first returns, and place the stop loss on the stop room line rather than at the block edge.

Recommendations

Forex pairs, gold, silver, indices and crypto, on any timeframe. The blocks, breakers and alerts work the same on every symbol, and the stop room line adjusts to each symbol by itself.

Input parameters

• Order Block Bars: how many candles of each timeframe are read.
• Display OB from Current, Second and Third Timeframe, Second Timeframe, Third Timeframe: which timeframes are drawn.
• Show Bullish Order Blocks, Show Bearish Order Blocks, Blocks per Side, per Timeframe: which blocks and how many.
• Show Breaker Blocks, Show Stop Room Line, Draw Mid(50%) Line in OB, Draw OB Labels: what is drawn.
• Use Chart Template: applies a light chart theme.
• Colors, Style and Width: block, mid line and label colours.
• Alert Area: alert at the block edge or at the 50% line.
• PopUp Box Alert, Email Alert, Push Notifications, Sound Alert, Sound Alert File: where the alerts go.

Know which blocks still count

Fresh and tested order blocks, breakers, the higher timeframe blocks behind yours and a stop loss line with room, on every symbol you trade.