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Order Block Indicator MT5

Order Block Indicator MT5

Order Block Indicator MT5 is currently the most accurate and customizable indicator on the market. It has been developed to facilitate the analysis of operations based on Order Blocks and Supply and Demand Zones. These zones are possible reversal points of a movement.

Order Block Indicator MT5 highlights active order blocks of up to 4 TFs simultaneously.

At the same time, Order Block Indicator MT5 provides a visual alert system that allows you to recognize at a glance if the price is within a block of orders without having to represent it on the chart.

Some of the characteristics of the indicator are the following:

  • Time saving
  • Highly customizable
  • Indicates the arrival of the order blocks without overloading the chart
  • Up to 4 simultaneous TFs
  • Functional on all pairs (Cryptos, Forex, Stocks, Indices, Commodities ...)
  • Perfect for Scalping or Swing trading
  • Highlights possible market reversal zones
  • Alerts and notifications on the MT5 terminal and on the mobile phone

Input parameters


  • TF 1: selection of the desired timeframe in position 1
  • TF 2: selection of the desired timeframe in position 2
  • TF 3: selection of the desired timeframe in position 3
  • TF 4: selection of the desired timeframe in position 4

In case of choosing repeated timeframes, only the selected ones are represented by the indicator (possibility of changing from 1 to 4 TFs)


  • TF 1 visibility: show   by default the blocks / zones of TF 1
  • TF 2 visibility: show   by default the blocks / zones of TF 2
  • TF 3 visibility: show   by default the blocks / zones of TF 3
  • TF 4 visibility: show   by default the blocks / zones of TF 4


  • Activate performance mode: activate performance mode. It consists of a simpler representation of the order blocks / zones to guarantee perfect fluency in computers with lower performance.
  • Candle tolerance for Order Blocks: higher tolerance represents more hidden order blocks in lateral zones

Representative levels:

  • Show the wick of the Order Block Candle: highlight the wick of the Order Block
  • Show the body of the Order Block Candle: highlight the body of the Order Block
  • Show the 50% of the Order Block Candle: mark the medium level of the order block


  • Button size X: button width
  • Button size Y: button height
  • Indicator position: position of the indicator (up / down & left / right)

Start date

  • Starting date: select a start date for the indicator order block search


  • Activate Alerts: enable this parameter to receive a notification in your Metatrader terminal when the price enters an order block
  • Activate Notifications: enable this parameter to receive notifications from the Metatrader phone application when the price enters an order block


  • Transparency: transparency of the blocks   of orders. (Not active for performance mode)
  • TF 0 Bear: color of zones   sale in TF 0
  • TF 0 Bull: color of zones   buy in TF 0
  • Fill rectangles: fill the order blocks with the selected color
  • Lines Color Bear: color of representative levels in bandage zones
  • Lines Color Bull: color of representative levels in buying zones
  • TF Color active: color of the TF button if it is visible
  • TF Color deactivate: color of the TF button if it is deactivated

Support and questions

For questions or timely support, write an email to: diego.arribas00@gmail.com


Joel Arboleda, private investor and CEO of Goldenlifestyle


Diego Arribas, private investor and speculator, automation engineer in the aerospace industry

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