Smc OrderBlock Entry Engine
- Indicateurs
- Enechojo Victor Ayegba
- Version: 1.10
⚙️ Core Trading Philosophy
📊 Indicator — Smart Money Order Block Engine
Identifies institutional order blocks — the zones where smart money placed their positions — and signals re-entries when price returns to those zones with confirmation.
| Step | Rule |
|---|---|
| 1️⃣ Detect OB | Last opposing candle before an impulse move > N × ATR that breaks structure |
| 2️⃣ BOS Confirm | Bullish: higher high formed. Bearish: lower low formed |
| 3️⃣ Liq. Sweep | Prior equal highs/lows must have been swept before OB forms (optional) |
| 4️⃣ Entry | Price returns to OB + rejection wick OR engulfing candle OR structure shift |
- 🟩 Bullish OB zones drawn in green rectangles, 🟥 Bearish in red
- 📍 SL placed beyond the OB body | TP placed at next liquidity pool
- ⚡ Two entry modes: Conservative (wait for confirmation close) or Aggressive (limit at OB midpoint)
- 🗑️ OBs auto-invalidate when price closes through the zone or exceeds max age
🔬 Advanced Filters
- 🕐 Session Filter
- 📉 Volatility Filter
- 📈 HTF Trend Filter
- ⛔ Invalidation Rules
💰 Risk Management Built In
| Parameter | Logic |
|---|---|
| Stop Loss | Placed beyond the OB low (bull) or OB high (bear) with ATR buffer |
| Take Profit | Targets opposite liquidity pool — the next swing high/low or session extreme |
| Min R:R | Configurable minimum Risk:Reward (default 2.0). Signals below threshold are suppressed and never shown |
❓ Frequently Asked Questions
| Question | Answer |
|---|---|
| Does it repaint? | No. All signals are finalised on closed bars only. Once drawn, arrows never move. |
| Works on crypto / indices? | Yes — any instrument available in MT5 with OHLC data. |
| Can I use it on any timeframe? | Yes. The logic adapts to whichever timeframe the chart is set to. |
| Is it an EA / does it trade automatically? | No. These are visual indicators only. They provide signals — execution is manual. |
| Can I change the colors? | Yes, every color is a configurable input parameter. |
| Will it work on MT4? | No — MT5 only. MQL5 language features are used throughout. |
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I would greatly appreciate a positive review if you are happy with your indicator. Please contact me to find a solution if you are not.
Your feedback helps improve the tool for every trader in the community.
