AI Institutional Order Block Trader

Institutional price action concepts made systematic: structure break, order block, retest.

How it works

On each new bar of the signal timeframe (M15 by default) the EA tracks swing highs and swing lows. A bullish break of structure happens when a bullish candle closes above the last swing high for the first time.

The EA then marks the order block: the last opposite colored candle before the impulse that caused the break. The zone is drawn on the chart.

When price returns to the zone on a later bar and the zone is still intact, the EA enters at market in the direction of the break. An optional EMA 200 filter on H4 keeps trades in line with the higher timeframe trend.

The stop loss sits beyond the order block extreme plus a small ATR buffer. The take profit is a reward ratio multiple of the stop, or the impulse extreme if you choose the swing target.

An order block expires after a set number of bars, when price closes through it, or once traded.

Key features

• Automatic break of structure detection
• Order block marking with on-chart zone
• Optional EMA 200 H4 trend filter
• SL beyond the zone with ATR buffer, TP by reward ratio or swing target
• Order block lifetime and invalidation rules
• Break-even and ATR trailing stop
• No grid, no martingale, every trade with SL and TP

Recommended

Forex majors and XAUUSD, signal timeframe M15.

Inputs

Risk percent, maximum lot cap, magic number, swing bars, lookback, order block search and lifetime, maximum zone height, entry tolerance, SL buffer, TP mode, reward ratio, trend filter and display options.

Risk note

Trading involves substantial risk. Test on a demo account first and use a risk level you are comfortable with.