Liquidity Order Blocks MT5

Liquidity Order Blocks MT5

Liquidity Order Blocks MT5 is a professional visual indicator for MetaTrader 5 designed to help traders identify and monitor potential bullish and bearish liquidity areas directly on the chart.

The indicator detects pivot-based order block zones and displays each zone with a structured visual breakdown of estimated bullish volume, bearish volume, relative strength and delta. Its purpose is to make liquidity areas easier to read, compare and monitor during market analysis.

Main Features

• Automatic bullish and bearish order block detection
• Liquidity zones displayed directly on the chart
• Estimated bullish and bearish volume balance inside each block
• Strength percentage based on volume ranking
• Delta box showing the difference between estimated bullish and bearish volume
• Automatic removal of mitigated or invalidated blocks
• Adjustable block height using ATR, candle height or fixed height
• Optional strength filter to reduce lower-quality zones
• Customizable colors, label size and visible range
• Clean dark chart theme with chart shift support

What the Visual Elements Mean

• Bullish block - A potential demand or liquidity area detected from a pivot low.
• Bearish block - A potential supply or liquidity area detected from a pivot high.
• Bull % - Estimated bullish volume participation inside the source candle of the block.
• Bear % - Estimated bearish volume participation inside the source candle of the block.
• Strength % - A relative volume strength score calculated by comparing the block volume with recent volume history.
• Category - A simple classification of the block, such as BALANCED, HIGH or STRONG, based on volume imbalance.
• Delta box - Shows the difference between estimated bullish and bearish volume. A positive value suggests stronger bullish participation, while a negative value suggests stronger bearish participation.
• Block extension - The zone remains visible as price develops and is removed when price mitigates or invalidates it.

How It Works

The indicator scans the chart for pivot highs and pivot lows. When a qualifying pivot is found, it creates an order block zone. Pivot lows are used to create bullish blocks, while pivot highs are used to create bearish blocks.

For each block, the indicator estimates the relationship between bullish and bearish volume using the position of the close within the candle range. It then displays this information visually inside the block so the trader can quickly evaluate the zone.

Inputs

• Length - Defines the pivot detection period.
• Delay Bars - Number of bars to wait after a pivot before drawing the block.
• Height Multiplier - ATR multiplier used to calculate the height of the block.
• Use Fixed Block Height - Uses a fixed block height instead of ATR.
• Block Height - Fixed height value used when fixed height mode is enabled.
• Use Candle Height - Uses the source candle range as the block height.
• Max Blocks - Maximum number of bullish and bearish blocks displayed.
• Volume Percent Rank Lookback - Lookback period used to calculate relative volume strength.
• Enable Strength Filter - Allows filtering blocks by minimum strength.
• Min Strength - Minimum strength percentage required when the strength filter is enabled.
• Delta Box Width - Width of the delta box projected to the right of the chart.
• Range Above / Below - Controls how far from the current price blocks remain visible.
• Chart Theme - Applies a clean dark chart style with adjusted candle colors and chart shift.

Recommended Use

Liquidity Order Blocks MT5 is designed for traders who use price action, liquidity concepts, order blocks, supply and demand zones, and market structure analysis. It can be used as a visual support tool for discretionary analysis, trade planning and zone monitoring.

The indicator does not open trades automatically and does not guarantee trading results. It should be used together with a complete trading plan, confirmation rules and proper risk management.