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The algorithm scans the price history on a specified timeframe to identify relevant Order Blocks. Key features of EA_OB_v10.0: Intelligent analysis of Order Blocks across multiple timeframes Trend filtering using a secondary timeframe Graphical display of OB zones on the chart for better readability Flexible configuration for entry, Stop Loss, Take Profit, trailing stop, risk management, etc. Built-in protection against excessive losses (daily or cumulative) Optimized examples provided for
The algorithm scans historical price data on a defined timeframe to identify relevant Order Blocks, then automatically places orders (limit or market) when a bullish or bearish reversal opportunity is detected. It is particularly well-suited for swing trading strategies. Smart Order Block analysis across multiple timeframes Trend filtering using a secondary timeframe Graphical display of OB zones directly on the chart for better clarity Flexible configuration of entries, Stop Loss