Order Block Limited MT5
- Indicators
- Reza Aghajanpour
- Version: 1.1
- Updated: 26 March 2023
You can download the Full version here.
Introduction:
The central banks and financial institutions mainly drive the market, Order block is considered a market behavior that indicates accumulation of orders from banks and institutions, then the market tends to make a sharp move(Imbalance) on either side once the order block is completed. On the other hand, mostly the price pullback to order block zone and then reverse sharply again.
The Order Block Scanner indicator detects imbalance movement, Breakout of Structure(BoS) and order block zones.
Main Features:
- Detect the best and most common successful point of reversal trend : Smart Money, Imbalance, BoS, Order Block Zones
- Easy-to-use and user-friendly indicator
- NO repaint
- Scan just on EURAUD chart
- Select and deselect time frames button for scan (M1,M5,M15,M30,H1,H4,D1,W1,MN)
- Candlestick check for the best entry point
- Sending the alert and push notification
- Alert enable/disable base on your setting time
- Adjust the pattern setting
You can download the Full version here.
Input Parameters:
=========Scanner============
- Scan All Charts – Disable and scan just open EURAUD chart.
- Scan the number of candles – Amount of history bars to evaluate
- Re-scan Timer – Re-scan EURAUD chart after passing time
========ALERT SETTINGS ==========
- Display Alert or Push Notification – Enable or disable Alert or Push Notification
- How many candles are past a pattern – Maximum Number of candles Passed from a pattern to allow alert
- Alert Buffer Size – Maximum save alert to prevent duplicate alerts
- Alert start/end time – Determine trading hours based on the computer clock to activate and deactivate the alarm
You can download the Full version here.