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Order Block Void indicator MT4

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Published: 15 February 2025

Current version: 1.11

Order Block Void indicator MT4

Name: Order Block Void indicator MT4
Rating: 5 (1 reviews)
Author: Eda Kaya

Indicators
Eda Kaya
Version: 1.11

Order Block Void Indicator MT4

Order Blocks represent critical price zones where institutional traders place significant buy and sell orders. These areas often serve as key support and resistance levels on price charts. The Order Block + Void indicator for MetaTrader 4 autonomously marks these order blocks on the chart.

One of its notable features is displaying the percentage of the order block that has been utilized, turning the consumed section gray. This tool highlights bullish order blocks with green rectangles and bearish order blocks with red rectangles.

«Indicator Installation & User Guide»

MT4 Indicator Installation | Order Block Void Indicator MT5 | ALL Products By TradingFinderLab | Best MT4 Indicator: Refined Order Block Indicator for MT4 | Best MT4 Utility: Trade Assistant Expert TF MT4 | TP & SL Tool: Risk Reward Ratio Calculator RRR MT4 | Money Management: Easy Trade Manager MT4

Indicator Specifications

Category	ICT - Smart Money - Liquidity
Platform	MetaTrader 4
Skill Level	Advanced
Indicator Type	Reversal - Continuation
Time Frame	Multi-timeframe
Trading Style	Day Trader - Scalper
Trading Market	Cryptocurrency - Forex - Stocks

Overview of the Indicator

The Order Block indicator assists traders in recognizing and plotting order blocks, making it easier to set stop loss (SL) and take profit (TP) levels. It is particularly useful for traders employing liquidity-based strategies such as Smart Money and ICT. When the price nears an order block generated by the indicator, the likelihood of a price reaction and reversal significantly increases.

Understanding Bullish Order Blocks

An analysis of the USD/CHF pair on the one-hour timeframe illustrates how bullish order blocks operate. The indicator identifies an order placement region and marks a bullish order block in green. When the price revisits this block, it often provides an ideal buy entry point. The gray-shaded portion in the bearish order block represents the consumed section of that zone.

Understanding Bearish Order Blocks

In bearish scenarios, as depicted in the 30-minute ETH chart, the indicator pinpoints the order placement area and marks a bearish order block in red. When the price retraces to this block, it may offer a suitable entry for sell positions. If an order block is fully consumed, it transitions to gray, indicating invalidation.

Indicator Settings

Chart and Object Theme: Light-colored theme.
Back Candles Check: Uses 1000 candles for block calculations.
Object Prefix: Sets a unique identifier for objects drawn by the indicator.
Vertical Line Display: Enabled to indicate order block formation.
Level 1 Trend Display: Disabled.
BOS & ChoCh Level 1: Break of Structure and Change of Character for Level 1 is disabled.
Level 2 Trend Display: Enabled.
BOS & ChoCh Level 2: Break of Structure and Change of Character for Level 2 is disabled.
BOS & ChoCh Level 2 Labels: Labels for Break of Structure and Change of Character are disabled.
Order Block Type: Set to Aggressive.
Order Block Visibility: Enabled.
Used Order Block Color: Adjusts color for utilized order blocks.
Invalid Blocks with Close Beyond Zone: Enabled to remove invalidated blocks.
New Zone Overlap Deletion: Enabled to prevent new blocks from overlapping with existing ones.
Invalid Zone Display: Disabled.

Conclusion

The Order Block + Void indicator for MetaTrader 4 is a versatile and efficient trading tool, suitable for various markets, including Crypto, Forex, and Stocks. It is especially beneficial for traders employing Supply and Demand or Liquidity-based trading strategies.

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Screenshot #1 Order Block Void indicator MT4

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Screenshot #5 Order Block Void indicator MT4

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smv062025 2025.07.27 08:29 #

протестировал много подобных индикаторов для поиска ордер блоков, есть много хороших. но конкретно этот Order Block Void indicator - впечатлил больше всех. огромная благодарность разработчику и уважение!

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Three 3TP Easy Trade Pad Expert for MetaTrader 5 The 3TP Easy Trade Pad Expert is an advanced, specialized tool for capital management, risk management, and trading in the MetaTrader 5 (MT5) platform, designed. This expert utilizes a special panel to provide specialized functionalities for trade management. Key features of this expert include setting the risk-to-reward ratio, calculating stop loss , setting multiple take profits , and managing both take profits and stop losses, alongside other

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TP & SL Calculator Indicator for MT4 The Take Profit & Stop Loss Calculator Indicator is a valuable tool designed for the MetaTrader 4 platform . It enables traders to calculate and display the profit and loss for each trade. This indicator features a dedicated management box that provides several essential tools for efficient trade handling, including: Creating Take Profit and Stop Loss levels for buy and sell positions ; Determining trade volume in lots; Displaying the Risk to Reward (R/R) r

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Refined Order Block Indicator for MT4 The Refined Order Block (OBR) indicator is a specialized tool tailored for traders utilizing ICT and Smart Money (SMC) methodologies on the MetaTrader 4 (MT4) platform. This indicator pinpoints bullish order blocks in green and bearish order blocks in brown, assisting traders in recognizing pivotal market zones. Order block regions are critical price areas where substantial institutional orders can heighten the probability of trend reversals or directional

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Easy Trade Manager Expert in MT4 The Easy Trade Manager Expert is a specialized product designed for effective trade management and risk reduction within the MT4 platform. This tool features a user-friendly panel to easily set Stop Loss and Take Profit levels automatically. The management panel includes settings for adjusting chart themes and calculating the Risk-to-Reward ratio. «Indicator Installation & User Guide» MT4 Indicator Installation | Easy Trade Manager Expert MT5 | ALL Product

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BOS and CHOCH with Label Indicator MT4 The BOS-CHOCH with Label Indicator is an essential tool for traders who employ ICT and Smart Money trading strategies. Utilizing a sophisticated algorithm, this indicator detects and marks price structure breakouts (known as BOS, or Break of Structure) and shifts in market behavior (CHOCH, or Change of Character) directly on the chart. By showcasing every structural shift and market transformation, traders can efficiently observe both significant and subt

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ZigZag Indicator for MT5 The ZigZag Indicator is a valuable tool available in MetaTrader 5, designed to highlight the highs and lows on a price chart. By marking pivotal turning points in price—commonly referred to as Pivot Highs and Lows (HH-HL-LH-LL)—it simplifies the process of identifying price trends. In any price movement, consecutive peaks and troughs are formed. Understanding these patterns correctly is essential for recognizing the direction of the overall market trend or short-term fl

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Three 3TP Easy Trade Pad Expert for MT4 Download The 3TP Easy Trade Pad Expert is a specialized tool developed for capital management , risk management, and trading on the MetaTrader 4 (MT4) platform. This advanced tool, with its functional and specialized panel, allows traders to easily manage their stop loss (SL) and take profit (TP) levels. This expert includes features for setting acceptable loss and expected profit (R/R) and managing trades with advanced options, providing traders with a p

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Order Block Void Indicator MT5 The Order Block + Void Indicator in MetaTrader 5 is an advanced tool designed to detect key liquidity areas and highlight them as order blocks. These zones are frequently utilized by institutional traders, making them ideal reference points for determining support and resistance levels. This indicator visually marks bullish order blocks with green boxes and bearish order blocks with red boxes. Additionally, once an order block is consumed, it turns gray to indic

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Risk Reward Ratio Calculator Indicator MT4 The Risk Reward Ratio Calculator Indicator is a practical tool that helps traders easily define take profit (TP) and stop loss (SL) levels, while calculating the risk-to-reward ratio (R/R) for each trade. This indicator includes a management panel where traders can set the TP, SL, and R/R values. The indicator displays TP and SL levels as green and red boxes, respectively. These boxes are adjustable, allowing traders to either manually set the levels

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Fair Value Gap Void MT5 The Fair Value Gap and Void (FVG + Void) indicator is specifically designed for ICT and Smart Money (SMC) traders, utilizing sophisticated algorithms to detect and highlight imbalance zones and FVGs on price charts. This tool is tailored for the MetaTrader 5 (MT5) platform, where bullish FVGs are represented in green and bearish FVGs in brown, allowing traders to quickly recognize critical trading areas. When the price revisits these zones, the indicator marks the portio

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Fair Value Gap (FVG) Indicator for MetaTrader 4 – Download and Guide Traders rely on a variety of tools and strategies to discover profitable investment opportunities. Among these, the Fair Value Gap (FVG) indicator in MetaTrader 4 stands out as a highly effective tool. An FVG represents a price gap within the market structure where supply and demand are not balanced. These gaps emerge during sharp price movements. In simple terms, when three candlesticks form, the gap between the first and thi

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Market structure indicator BOS CHOCH MT4 The BOS-CHOCH Market Structure Indicator is an ICT-style tool developed for MetaTrader 4 (MT4). It is designed to assist traders who follow ICT methodologies in recognizing shifts in the market’s dominant and secondary trends. By pinpointing structural breakouts and market character changes, traders can refine their technical analysis for more precise decision-making. «Indicator Installation & User Guide» MT4 Indicator Installation | Market structur

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Improved Fair Value Gap Void MT5 The Improved Fair Value Gap (iFVG + Void) indicator for MetaTrader 5 is an advanced iteration of the traditional Fair Value Gap "FVG" indicator. Fair Value Gaps emerge following sharp price movements, marking crucial zones where supply and demand are unbalanced. Price action often gravitates back to these levels. This indicator visually marks bullish Fair Value Gaps (FVG) with green boxes and bearish Fair Value Gaps with red boxes. Additionally, it shades the us

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Trade Assistant Expert TF MT4 The Trade Management Assistant is a specialized trading tool designed to enhance capital allocation and mitigate risks within the MetaTrader 4 (MT4) environment. This expert advisor features an intuitive control panel that facilitates seamless trade execution, risk oversight, and fund distribution. It also incorporates key functionalities such as automatic breakeven adjustments and a Trailing Stop system for optimized trade security. «Indicator Installation & User

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CISD-CSD & BPR Combined Indicator MT5 The CISD-CSD + BPR Combined Indicator is an advanced tool based on the ICT (Inner Circle Trader) trading style in MetaTrader 5. This indicator utilizes the three concepts of "CSD," "CISD," and "BPR" to identify specific zones on the chart and issue trading signals under appropriate conditions. The "CISD" concept comprises four elements: consolidation , impulse , fluctuation , and divergence . Typically, the price exits these zones with a rapid movement ( I

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Rejection Block Indicator and Void MT5 The Rejection Block Indicator is a powerful tool designed to detect market reversal zones in MetaTrader 5 . By analyzing candle wicks, this indicator marks crucial rejection block areas where long upper shadows near price highs and lower shadows near price lows act as potential reversal points. Additionally, the Void (absorbed portion) within the rejection blocks is highlighted in gray. Once this void is entirely filled, it signals that the level has lost

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Easy Reward to Risk RRR Indicator for MT5 The Easy Reward to Risk RRR Indicator is a powerful trading assistant that streamlines technical analysis. It calculates and visualizes the risk-to-reward ratio in real time. This tool simplifies trading decisions by displaying two distinct areas on the chart a red zone for stop-loss levels and a green zone for take-profit levels . These zones help traders visualize potential losses and gains . «Indicator Installation & User Guide» MT5 Indicator Install

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Order Block Indicator for ICT and Smart Money Trading in MT4 The Order Block Indicator is an essential tool for traders using ICT (Inner Circle Trader) and Smart Money Concepts on the MetaTrader 4 (MT4) platform. This indicator helps identify crucial price zones where institutional orders are likely to be concentrated, allowing traders to pinpoint potential reversals or high-impact market levels. Bullish order blocks appear in green , while bearish order blocks are displayed in brown . When pri

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Download the Laguerre RSI Indicator for MT5 The Laguerre RSI indicator is a powerful trend-following oscillator designed for MetaTrader 5. It can function independently as a trading tool or serve as a supporting confirmation indicator within broader strategies. Unlike the traditional RSI, it significantly reduces signal lag, particularly in extended time frames. Additionally, it employs a gamma (Γ) filter that minimizes price fluctuations, leading to fewer misleading signals. «Indicator In

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Fair Value Gap (FVG) Indicator for MetaTrader 5 The Fair Value Gap (FVG) Indicator is an effective tool designed to spot trading opportunities in MetaTrader 5 by identifying imbalances in supply and demand. These imbalances, known as FVGs, emerge when the price moves aggressively. To explain simply, imagine three candlesticks: the gap between the first and third candlestick forms the " FVG ." This indicator highlights these gaps as dynamic boxes—green for bullish FVGs and red for bearish FVGs.

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Modified Fair Value Gap (FVG) Indicator for MT5 The Modified Fair Value Gap (Modified FVG-iFVG) indicator is a sophisticated and efficient tool designed for ICT and Smart Money traders, optimized for the MetaTrader 5 (MT5) platform. This indicator detects and marks market imbalance areas (FVG), highlighting key supply and demand zones. Bullish FVG zones are displayed in green, while bearish FVG zones appear in brown. As the price revisits these levels, the indicator dynamically updates by progr

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Swing Failure Pattern BB OB Indicator for MT5 The Swing Failure Pattern (SFP) indicator is a valuable tool in MetaTrader 5, designed to identify false breakouts and key market reversal points. This indicator provides a visual representation of significant price action events such as Break of Structure (BOS), Change of Character (CHoCH), and Fake Breakout (SFP). It is particularly useful for traders following price action strategies, ICT methodologies, and Smart Money trading concepts to pinpoin

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smv062025 2025.07.27 08:29 #

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Reply from developer Eda Kaya 2025.07.27 09:22 #

Спасибо, что поделился своим мнением.
Мы создали два новых продукта по концепциям Smart Money и ICT — обязательно посмотри и эти два новых индикатора.