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# Order Block Locator

4.44

The order block locator is powered by three main search algorithms thar can be used to find order blocks.

1. Simple Fractal Search Algorithm
2. Naive Fractal Movers Algorithm
3. Candle Transition Algorithm

1. Mixed Algorithm (Naive Fractal + Candle transition)
2. Mixed Algorithm (Simple Fractal + Candle Transition

Simple Fractal Search Algorithm

The algorithm finds the fractals based on your setting paramers for candles around fractal high or low. When a price fractal is identified, we then search for an order block around the fractal zone.

This is not a realtime algorithm and its perfectly ok. It is fractal based. ?? What does that mean ?? A fractal (set of candles that meet a specific criteria or rules) must first be identified. In this case the rules detect whether we have a high or low. When a high or low has been identified, that is only and only when an Order block will be sought within that fractal. As such, because a fractal has to be identified first, the indicator does not repaint.

For example: if you select that CandlesAroundFractal = 3, this means that for a fractal high/low to be identified there must be 7 candles that form the fractal, 1 candle at the extrema, 3 candles to the left and 3 candles to tha right. On the open of the 4th candle to the right the fratal will have been fully created and rules having been met - this is the point in time when the orderblock will be searched for.

This algorithm only identies orderblocks at etremum points only i.e (Fractal Highs and Fractal Lows).

For an order block to be identified there must be x*CandlesAroundFractal. In other words for a candle to be a qualified orderblock it must have x candles around fractal on either side.

Naive Fractal Movers Algorithm

This algorithm is a modified version of the simple fractal search algorithm. It used a lower candle around fractal value. Recommended is 2/3. it then identifies only the orderblocks that have price that move away from the orderblock within a set candle count threshhold (fast move detection candle limit)

Candle Transition Algorithm

This algorithm identifies orderblocks by first identifying a a shift from bull to bear of from bear to bull candle. Then the next consecutive candles must be one directional.

Also for stricter orderblock selection you can choose to only identofy those whose shift candle is engulfing for strength identificaion.

Note:

The indicator will detect and plot bullish and bearish orderblocks for an timeframe your chart is currently displaying.

Enjoy happy charting :)

Reviews 20
157
2023.02.27 16:48

Fantastic indicator system. Paired with strong VSA you can make a great strategy with this. It saves me a lot of time in my day to day trading.

20
2023.01.14 21:05

Very Good work. Thank you

114
2023.01.12 00:16

Congratulations excellent work! Thanks for sharing

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Stargogs Spike Catcher V3.11 This Indicator is Developed To milk the BOOM and CRASH indices . Send me Message if you need any help with the indicator.  CHECK OUT THE STARGOGS SPIKE CATCHER EA/ROBOT V3: CLICK HERE ALSO CHECK OUT SECOND TO NONEFX SPIKE CATCHER:   CLICK HERE STARGOGS SPIKE CATCHER V3.11 WHATS NEW! Brand New Strategy. This is the Indicator you need for 2023. The Indicator Gives you an Entry at a time when conditions are met and you should use TP & SL. New Trendline that changes col
100 USD
LEE SAMSON
4.88 (8)
The ADR Reversal Indicator shows you at a glance where price is currently trading in relation to it's normal average daily range. You will get instant alerts via pop-up, email or push when price exceeds it's average range and levels above it of your choosing so you can jump into pullbacks and reversals quickly. The indicator draws horizontal lines on the chart at the average daily range extremes and also extensions above those levels which have mathematical probabilities attached to them of pric
49 USD
Strong Support mt5
Vasiliy Strukov
5 (6)
Support and resistance levels have long been a powerful tool for market analysis. The Strong Support indicator plots support levels based on local price minima, and resistance levels based on local price maxima. My other developments can be viewed   here It is recommended to use together with a trend indicator, for example, Gold Stuff - this will allow you to trade according to the trend and simultaneously determine the zones of consolidation or trend reversal, as well as set stop loss and
50 USD
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Aurthur Musendame
4.92 (13)
The worktime indicator helps you identify the most important times to day to trade the currency pairs. It was created based on the ICT day trading free tutorials that are freely vailable on his youtube channel.  You can use this indicator together with my other indicators that i have shared freely with you like the true day, custom periods, daily month, weekly open lines - they together complement each other very well. Nuggets from this indicator: 1. Draws the asian session box showinng you th
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Dail Session Open Lines
Aurthur Musendame
4.25 (8)
Daily session open lines shows the traders three important trading session opens. By default it is set up to show you: Zero GMT Open Line London Open Session Line New York Open Session Line The default times are set according to GMT+2 and as such you are able to change and customise according to your specific time zone. The Indicator is usefull specially for the trader who trades the London and NewYork sessions.
FREE
Higher TimeFrame Candle Tracker
Aurthur Musendame
5 (2)
The Higher timeframe candle tracker is used to get a glimpse of what the selected higher time frame candle is like. It plot the candle after the current price. It can come in handy for day traders and short term traders that often worry about how the current higher timeframe candle may look like. You can select the higher time frame from the 3 options provided: 1: Daily 2: Weekly 3: Monthly By default the color for bears is red and for bulls is green.
FREE
One Moving Average
Aurthur Musendame
3.33 (3)
This indicator was created based on posts from forex factory thread titled There is no Magic Moving Average - You need only one - by @andose2 a.k.a Andrei Florin. If you want to know about how to use this trading strategy please go and read  https://www.forexfactory.com/thread/691864-there-is-no-magic-moving-average-you. Note: Below are extracts some of the posts . Estabilish a trend, based on Market Cycles, then go   only long in the Markup Phase   and   only short in the Decline phase ,
FREE
Monthly Weekly Open Lines
Aurthur Musendame
5 (4)
The Monthly Weekly Open Line is an indicator that plots: The current month open line that will extend till the last week on the month. Weekly lines that span the look back days period that you have set . Each line will extend from the respective weekly Monday zero GMT till friday of the respective week. Monthly and Weekly open lines can be used to build very powerfull anc consistent trading strategies. They act as natural S/R price barriers.
FREE
Super Fractals
Aurthur Musendame
5 (2)
Think of the Super Fractal Indicator as the Bill WIlliams Indicator on Steroids. Indicator Abilities: 1. Adjust Candle around Fractal High or Low. 2. Adjust Lookback period and only plot for a specific number of history candles avoiding cluttering your trading desk. 3. The Indicator uses buffers so you call and use it from any EA. Note : The higher the candles around Fractal, the stronger the Turning point anfd viceversa is true.
FREE
True Day
Aurthur Musendame
5 (1)
True Days is a tool designed specifically for the trader who wants to catch intraday volatility in price charts.  True day makes it easier for the trader to avoid trading in the dead zone - a period in time where markets are considered dead or non volatile. The trader can concentrate on finding opportunities only during periods of profound market movements. By default the indicator gives you a true day starting at 02:00 to 19:00 hours GMT+2. You can adjust according to your Time Zone. By deafult
FREE
HoD LoD Time Price Studies
Aurthur Musendame
4.33 (3)
High of the Day and Low of the day Time and Price Fractal Studies is an indicator that will help you identify certain patterns that tend to repeat themseleves at certail times of the day or at certain prices.  It is used to study Daily Highs ad Lows in relation to time and price.  You will get to answer certail questions like: At what time of day does this market usually turn around. At what price does the market turn. Is it at round numbers etc
FREE
Time and Price Fractal Studies
Aurthur Musendame
5 (1)
Time and Price Fractal Studies is an indicator that will help you identify certain patterns that tend to repeat themseleves at certail times of the day or at certain prices.  It is used to study Fractal Highs ad Lows in relation to time and price.  You will get to answer certail questions like: At what time of day does this market usually turn around. At what price does the market turn. Is it at round numbers etc.
FREE
Period Seperators
Aurthur Musendame
5 (1)
The daily custom period seperator indicator allows you to draw period seperators for your lower time frame charts H1 and below.  The period seperator gives you options to set different colors for: Weekend - saturday/sunday Monday and Friday  Midweek - Tuesday to Thursday. By default the indicator plots the period seperator line at 00:00 hours for the last 10 days. Use Cases: The indicator can be used as a colourful alternative period seperator to the default MT5 period seperator. For those t
FREE
Template Name
Aurthur Musendame
5 (1)
Template name allows you to write custom text that will show up on your charts. It allows you to position the text anywhere including selecting any color that you prefer. You can position the text at any of the 4 corners of your chart screen. This custom text can aid as a watermark for your screen shots. This text can act as a unique and true signature for your charts.
FREE
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16
2023.04.06 13:44

it's not working right. when I installed it a vertical rectangle was appearing, but after I changed the parameters as suggested in the image the lines do not appear. only one line appears

58
2023.04.06 11:53

Test ediyorum bu yüzden olumlu yada olumsuz yorum yapamam ilerleyen zamanda yorumu değiştirebilirim

22
2023.03.31 01:04

great

19
2023.03.16 17:27

thanks

14
2023.03.11 16:29

Congratulations. The best one. Nice Indicator !

157
2023.02.27 16:48

Fantastic indicator system. Paired with strong VSA you can make a great strategy with this. It saves me a lot of time in my day to day trading.

55
2023.02.16 13:58

IT does not work well. It shows gapped rectangle box.

77
2023.02.16 05:01

Thanks for sharing ! Do you have this indicator for mt4 ?

46
2023.02.04 11:06

Very nice algorithm! But could you please to determine more strictly: What is order block? What is fractal? Thank you!

69
2023.02.02 18:04

Very useful. Just needs notifications or signal.

20
2023.01.14 21:05

Very Good work. Thank you

114
2023.01.12 00:16

Congratulations excellent work! Thanks for sharing

4853
2023.01.06 13:30

Thanks for great indicator!

71
2023.01.05 13:46

User didn't leave any comment to the rating

26
2023.01.02 10:59

Thank you for sharing. Very helpful indicator.

19
2022.12.25 15:17

Great and reliable tool. But it can be improved much further with an entery alert .it scores a whooping 83% on my performances scale

20
2022.12.20 02:19

Информативная и полезная вещь!

230
2022.12.13 02:53

Good indicator. The free version only works on EURAUD and BTCUSD.

215
2022.11.30 10:08

Awesome. Very useful tool

14
2022.11.22 22:09

A very good job! With this and your discipline hat on, you are a winner... Thank you