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Order Block Indicator MT5

[MT4 Version]

Order Block Indicator MT5

Order Block Indicator MT5 is currently the most accurate and customizable indicator in the market. It has been developed to facilitate the analysis of operations based on Order Blocks and Supply and Demand Zones. These zones are possible reversal points of a movement. Order Blocks indicate a possible accumulation of orders in one area. The price usually gets to reach and react strongly to those areas. The most relevant levels for this reaction are the candle wick, body or 50% of the candle. The higher the timeframe the most success probability you find with the corresponding Order Block. For intraday H1, H4 and Daily Order Blocks are a good references to look for price reaction and guess the direction of the next price movement.

Order Block Indicator highlights active order blocks of up to 4 TFs simultaneously.

At the same time, Order Block Indicator MT5 provides a visual alert system, integrated in the interactive UI, that allows you to recognize at a glance if the price is within a block of orders without having to represent it in the chart. The white box below each timeframe serve this purpose, it turns green or red inf prices reaches a bullish or bearish Order Block in the timeframe above it. This works even if the Order Blocks are not shown in the chart.

Touched OBs get invalid after the price bounces out of them and are removed from the chart for a better visibility.

Some of the characteristics of the indicator are the following:

  • Time saving
  • Highly customizable
  • Indicates the arrival of the order blocks without overloading the chart
  • Up to 4 simultaneous TFs
  • Functional on all pairs (Cryptos, Forex, Stocks, Indices, Commodities ...)
  • Perfect for Scalping or Swing trading
  • Highlights possible market reversal zones
  • Sofisticated alerts and notifications system

Input parameters

Timeframes:

  • TF 1
  • TF 2
  • TF 3
  • TF 4

In case of choosing repeated timeframes, only the selected ones are represented by the indicator (possibility of changing from 1 to 4 TFs).

Visibility:

  • TF 1 visibility
  • TF 2 visibility
  • TF 3 visibility
  • TF 4 visibility

Performance:

  • Activate performance mode: activate performance mode. It consists of a simpler representation of the order blocks / zones to guarantee perfect fluency in computers with lower performance. This mode only changes the Order Block representation from Canvas to Retangles, this way the indicator works smooth in computers with less resources. Please take in considerantion Metatrader overlapping color rules if you are using the performance mode.
  • Candle tolerance for Order Blocks: higher tolerance represents more hidden order blocks in lateral zones

Representative levels:

  • Show the wick of the Order Block Candle
  • Show the body of the Order Block Candle
  • Show the 50% of the Order Block Candle

Interface:

  • Button size X: button width
  • Button size Y: button height
  • Indicator position: position of the indicator (up/down & left/right)

Start date

  • Starting date: select a start date for the indicator order block search

Notifications

  • (new) Simultaneous OBs touched in different TFs for Alerts: OBs reached in different TFs to enable alerts.
  • Activate Alerts: enable this parameter to receive a notification in your Metatrader terminal when the price enters an order block.
  • Activate Notifications: enable this parameter to receive notifications from the Metatrader phone application when the price enters an order block.
  • (new) Activate Email Notifications: enable email notifications (Email settings need to be enable in the Terminal Settings).

Colors

  • Transparency: transparency of the blocks of orders. (Not active for performance mode)
  • TF 0 Bear: color of zones sale in TF 0
  • TF 0 Bull: color of zones buy in TF 0
  • Fill rectangles: fill the order blocks with the selected color
  • Lines Color Bear: color of representative levels in bandage zones
  • Lines Color Bull: color of representative levels in buying zones
  • TF Color active: color of the TF button if it is visible
  • TF Color deactivate: color of the TF button if it is deactivated

Author

Diego Arribas, private investor and speculator, automation engineer in the aerospace industry.

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This Indicator creates a heatmap based on depth of market of the current symbol or another symbol. Other symbol is useful when you trade futures market and a contract has 'mini' and 'full' split. For example, in Brazil (B3 - BMF&Bovespa), WDO and DOL are future Forex contract of BRL/USD (where 1 DOL = 5 WDO) and big banks work mostly with DOL (where liquidity is important). Please use with M1 timeframe , objects are too small to be displayed at higher timeframes (MT5 limit). The number of level
250 USD
Классификатор силы тренда. Показания на истории не меняет. Изменяется классификация только незакрытого бара. По идее подобен полной системе ASCTrend, сигнальный модуль которой, точнее его аппроксимация в несколько "урезанном" виде, есть в свободном доступе, а также в терминале как сигнальный индикатор SilverTrend . Точной копией системы ASCTrend не является. Работает на всех инструментах и всех временных диапазонах. Индикатор использует несколько некоррелируемых между собой алгоритмов для класси
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The indicator identifies the harmonic patterns (XABCD) according to developments of H.M.Gartley ( "Profits in the Stock Market" , 1935г). It projects D-point as a point in the perspective projection (specify ProjectionD_Mode = true in the settings). Does not redraw. When a bar of the working timeframe closes, if the identified pattern point has not moved during Patterns_Fractal_Bars bars, an arrow appears on the chart (in the direction of the expected price movement). From this moment on, the ar
500 USD
Splash MT5
Pavel Verveyko
The indicator identifies the most suitable moment for entering the market in terms of market volatility, when the market has the strength to move (the signal is indicated by an arrow under the candle). For each of the signals, the presence of trends on the current and higher timeframes is determined, so that the signal is in the direction of the majority of positions opened on the market (denoted near the signal by abbreviations of timeframes with a trend present). The signal appears after the c
234 USD
Currency Index Watcher is a simple and user-friendly tool for whoever wish to trade Forex using currencies indexes. Currency Index Watcher is configurable and usable directly from the panel. Indexes of 8 custom currencies EUR, USD, GBP, JPY, CHF, AUD, CAD, NZD (default) Any 3-chars symbol from your market watch could be used (BTC = bitcoin, RUB = ruble, CNH = yuan etc ...) : double click the symbol label  Ability to select which currencies and made-of pairs will be analyzed : check/uncheck want
360 USD
SmartTrendMt5
Andrey Spiridonov
The SmartTrendMt5 trend indicator generates signals based on the principle of combined analysis of calculated reference points within the Keltner channel. The indicator plots the Keltner channel in a separate window (by default, red lines and a blue line - the middle of the channel), and also draws the histogram of calculated reference points for each candle (by default, the histogram bars are yellow). The should be attached to a chart of any timeframe and any trading symbol in the usual way.
450 USD
If there is only one MT5 indicator you ever buy for trading forex – this has to be it. Your success as a forex trader depends on being able to identify when a currency or currency pair is oversold or overbought. If it is strong or weak. It is this concept which lies at the heart of forex trading. Without the Quantum Currency Strength indicator, it is almost impossible. There are simply too many currencies and too many pairs to do this quickly and easily yourself. You need help! The Quantum C
279 USD
—— 进入本指标前,请谨记:『 不易,变易 』。拔开数理统计的枝叶,变化是不变的定理才是本指标的由来和内涵思想。本指标只应指明变化到不变之间的契机。 本指标——阴阳线指标(YiiYnn)由一条粗蓝色实线和一条细烟绿色虚线构成,粗实线叫阳线(Ynn),作为主线,细虚线叫阴线(Yii),作为辅线。本指标不同DeMarks去搜索哪个周期的最高最低,也不同Stoch那样告诉你超买超卖超过后缩小再等超买超卖直至资金的尽头。本指标是分析价格减速动态均值线的(偏)相关性及自相关性,并采用标准差的方法进行滤波以求趋势示意更明朗。所以,本指标有以下特性: 指标依据波浪理论,有二阶线性插值模拟组合多条均线(开收高低)构建波浪动力并分析它们各自相关性,所以将对趋势有很好的 预测性 ——与MACD、ATR等相比。它并非只让我们看到趋势的尾巴,请参考最后一张示例图; 指标采用简单的方差进行差相过滤,在兼顾计算性能的同时让盘整阶段的指示更明朗; 阳线与阴线之间是偏相关差相,具有阴消阳长相互激励、抵消的特点,因此命名; 本指标中判定的趋势与常人所称『趋势』不同,本指标中的趋势包括: 上涨、下跌和横盘 。不要忽略横盘
240 USD
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Versão 1.12 2023.02.17
UI Separation X and Separation Y added to the inputs
Versão 1.11 2023.01.11
Upgrade UI default settings
Versão 1.10 2022.07.26
New notification options:
- Simultaneous OBs touched in different TFs for Alerts: OBs reached in different TFs to enable alerts.
- Activate Email Notifications: enable email notifications (Email settings need to be enable in the Terminal Settings).