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Simple Order Blocks

3

An order block also known as a block of order is a significant order placed for sale or purchase of a large number of securities. They are often used by institutional traders, and is a different way of looking at support and resistance. These levels are temporally used, before new levels and areas of interest are created.

The simple order block indicator attempts to find the order blocks, which are more often than not optimal trade entries. The primary strategy when using the indicator when making entries at strategic points, we expect the price to move away from that price point and should not return. If the price returns, then the strategy becomes violated. Because of that, the stop loss should be brought to breakeven after a few pips have been booked, say 10–15 pips.

Simple order blocks indicator works best on the H4 timeframe.

NOTE: Press SHIFT key to refresh the indicator whenever the order blocks become distorted.


How it works

The simple order blocks indicator draws areas where institutional order flows are likely to occur. When the price gets to the highlighted area, an alert will go off, prompting for your actions.

You will then decide whether to buy or sell, depending on market conditions.

The Simple Order Block has alerts, so you do not have to stare at the charts all day long.

Load the indicator to the charts and you will receive alerts when it finds the entry points.


Inputs

  • Order Block Color - color of blocks. The default is set to gray.
  • Max Width Limit of Order Block (in Points) - limit the width of the order block to a certain value. Longer widths tend not to work.
  • Min Width Limit of Order Block (in Points) - limit the width of the order block to a certain value. Shorter widths tend not to work.
  • MT4 Alerts - send alerts through the desktop platform when price gets to the block.
  • Email Alerts - send alerts through email when price gets to the block
  • Phone Alerts - send alerts through the phone app (push notifications) when price gets to the block


Comentarios 5
Lev Vladimirovic Marushkin
1696
Lev Vladimirovic Marushkin 2018.03.23 17:43 
 

This is the first TRUE supply and demand indicator which recognizes true BANK supply and demand extremely early. I have no clue how it works but it works like crazy. Feels like the holy grail :) This indicator should be renamed to: Bank Supply and Demand. Finally we know where the BIG BOYS have their positions.

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KT Day Trading MT4 provides simplified Buy and Sell signals using a combination of some specific candlestick patterns occurring in the market exhaustion zones. These signals are designed to identify market reversals and entry/exit points. The indicator can be used to trade on any timeframe from the 1 Minute up to the Daily chart. Features Three types of entry signals according to the market structure i.e. Trend following, Range bound, and Counter trend signals. Crystal clear Entry, Stop-L
Indicator : RealValueIndicator Description : RealValueIndicator is a powerful tool designed specifically for trading on the EURUSD pair. This indicator analyzes all EUR and USD pairs, calculates their real currency strength values, and displays them as a single realistic value to give you a head start on price. This indicator will tell you moves before they happen if you use it right. RealValueIndicator allows you to get a quick and accurate overview of the EURUSD currency pair tops and bottoms,
NAM Order Blocks
NAM TECH GROUP, CORP.
5 (1)
Indicador de detección de Order Blocks multitimeframe para MT4. Características - Panel de control totalmente personalizable, proporciona una interacción completa. - Oculta y muestra el panel de control donde quieras. - Detecta OB en múltiples marcos de tiempo. - Permite seleccionar la cantidad de OB para mostrar. - Interfaz de usuario de diferentes OBs. - Diferentes filtros de OBs (regulares, rejection y sin capitalizar). - Alerta de proximidad de OBs. - Líneas ADR High y Low. - Servicio de not
This indicator is based on the Gann Signal indicator and acts as a market scanner. All you need to do is fill in the selected currency pairs in the settings and that’s it. Next, the indicator itself will view all these currency pairs and time frames from M5 to D1 simultaneously. When a new signal appears, the indicator will give you an Alert and also draw the letter N where this new signal will be.
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MACD Divergence with arrows complements the MACD indicator. It scans for divergence within the MACD oscillator then draws arrows on the entry points in the chart window. NB:The indicator does not bring up the MACD window nor does it draw lines on the MACD window. The screenshots are a mere description of how they work. The user will become alerted whenever a divergence is in progress and should WAIT for the perfect moment to make an entry. Perfect entries can be anything basic such as support an
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juliea21
399
juliea21 2021.05.11 19:03 
 

El usuario no ha dejado ningún comentario para su valoración

Jamie Daniel Thompson
163
Jamie Daniel Thompson 2019.10.04 12:19 
 

Not as good as first thought!

SugarCougar
24
SugarCougar 2019.09.10 12:14 
 

El usuario no ha dejado ningún comentario para su valoración

bcfclarence
77
bcfclarence 2018.09.05 11:23 
 

El usuario no ha dejado ningún comentario para su valoración

Lev Vladimirovic Marushkin
1696
Lev Vladimirovic Marushkin 2018.03.23 17:43 
 

This is the first TRUE supply and demand indicator which recognizes true BANK supply and demand extremely early. I have no clue how it works but it works like crazy. Feels like the holy grail :) This indicator should be renamed to: Bank Supply and Demand. Finally we know where the BIG BOYS have their positions.

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Versión 1.1 2018.03.01
Small bug change: No. of indicator buffers from 8 to 2