Quantora Smart Order Blocks

Quantora Order Blocks MT5 is a MetaTrader 5 indicator that identifies bullish and bearish Order Block zones using market structure and price-action conditions.

The indicator monitors detected zones and classifies them according to their current status. It is intended to help users examine areas where price previously produced a structural movement.

Order Block Detection

  • Bullish and bearish Order Block zones
  • Fresh Order Block identification
  • Mitigation tracking
  • Breaker Block identification
  • Selectable analysis timeframe
  • Calculated quality score for detected zones

A fresh Order Block represents a detected zone that has not yet been revisited according to the indicator conditions. A mitigated block represents a zone that price has subsequently returned to. Breaker Blocks are displayed when the applicable structural conditions are detected.

Dashboard

The dashboard displays the selected analysis timeframe, current market direction, bullish and bearish Order Block counts, fresh and mitigated zones, detected Breaker Blocks, the latest Order Block and its calculated quality value.

The quality score is an internal indicator value based on the selected detection conditions. It does not represent a probability of profit or guarantee the validity of a zone.

Alerts and Settings

Notifications can be enabled for newly detected bullish or bearish Order Blocks, mitigation events and Breaker Block events.

The indicator supports terminal popup, sound, mobile push and email notifications. Detection, display and analysis timeframe settings can be adjusted through the indicator inputs.

Markets and Important Information

The indicator can be applied to broker-supported Forex, metals, indices, commodities and cryptocurrency CFD symbols. The appropriate timeframe depends on the selected symbol, market conditions and the user's analysis method.

Quantora Order Blocks MT5 is an analysis tool. It does not open, modify or close trading positions. A detected Order Block, mitigation event or Breaker Block does not guarantee future price movement or a profitable trade.

All zones should be evaluated using the user's own analysis and risk management.

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