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Break Legs and Order Block Finder

30 USD

Demo downloaded: 20

Published: 15 May 2025

Current version: 1.0

Break Legs and Order Block Finder

Indicators
Parham Vakilizand
Parham Vakilizand
Germany

298
With over 6 years of trading experience and 2 years of expertise in MQL development, I specialize in creating high-quality, efficient indicators and expert advisors (EAs) tailored to meet diverse trading needs.
Version: 1.0
Activations: 5

Overview

Break Legs and Order Block Finder is a cutting-edge market structure indicator for MetaTrader 5, tailored for smart money traders, structure-based traders, and institutional-style strategies. It automatically highlights critical market events – from Break of Structure (BOS) and Market Structure Shift (MSS) to Fair Value Gaps (FVGs) and Order Blocks (OBs) – directly on your charts. Designed for professional and serious retail traders, this tool delivers clarity in real time, helping you make confident, informed trading decisions by pinpointing major structural shifts and high-probability price zones.

Key Features

Multi-Swing Pivot Detection: Automatically identifies swing highs and lows using configurable pivot lengths. This provides a clear multi-scale view of market structure, capturing both major and minor trend swings so you never lose sight of the bigger picture or the immediate setup.
Break of Structure (BOS) & Market Structure Shift (MSS) Detection: Clearly labels each BOS and MSS event on the chart. Instantly see when price breaks a key swing level (signaling trend continuation) or when a potential trend reversal is triggered, ensuring you never miss a critical change in market direction.
Automatic Fair Value Gap (FVG) Detection: Scans for and highlights price imbalances (fair value gaps) automatically, complete with logic to show whether a gap remains open or has been filled. You can easily spot unfilled FVGs – prime targets for future price retracements – and monitor as they get filled, giving you an edge in identifying high-probability retracement setups.
Smart Order Block (OB) Identification: Detects and marks high-probability order block zones based on aligned FVGs, candlestick structure, and confirmed price reaction areas. Weak zones are filtered out – only robust order blocks are highlighted, pointing you to likely institutional supply/demand regions for optimal entries and exits.
Dynamic Market Leg Tracking: Uses a customizable moving average-based logic to track the current market leg (impulse move or correction) in real time. Always know which leg of the trend you’re in and when a leg is breaking or reversing – providing valuable context on momentum shifts and helping you time your trades with the prevailing market swing.
Real-Time Consolidation Zones & Breakouts: Recognizes sideways consolidation ranges as they form and notifies you the moment price breaks out. This helps you avoid choppy, low-volatility conditions and capitalize on new trends early by catching the initial breakout move.
Flexible Visualization Options: Fully configurable visuals let you tailor the indicator to your chart preferences. Toggle on/off structure labels and lines, color-code order block and FVG zones, adjust rectangle shading and opacity, set custom font sizes, and more – keeping your charts informative, not cluttered.
Adjustable Detection Sensitivity: Fine-tune the indicator’s sensitivity to fit your trading style or market. You control the pivot definition method, break confirmation criteria (wick vs. close), minimum swing candle count, and even apply a doji-filter to ignore insignificant candles. Calibrate the tool to filter out noise and ensure signals align with your strategy.

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Break Legs and Order Block Finder

Parham Vakilizand

Overview

Key Features