Order Blocks for MT5
- Göstergeler
- Louis Wetzel
- Sürüm: 1.0
- Etkinleştirmeler: 10
📦 Order Blocks Pro‑Target P3 Indicator. Work in progress..
A pure candle‑based Order Block engine with multi‑timeframe scanning, POI logic, and full visual control. I hope to be releasing real TVI that is as close to original MT4 style as possible, once passed MQL5.com product testing.
⚙️ User‑Configurable Inputs
🧭 Display Settings
- Display Mode: Current TF, Next Higher TF, Second Higher TF, or fixed TF (M1–MN1)
- History Range: 1M, 3M, 6M, or Full
- OB Pairs: Number of bullish/bearish pairs to show
- Show Boxes: Toggle full rectangle or lines only
- Use Group Colors: Global vs. per‑TF color control
🧱 Regular OB Style
- OB Price Line: Yellow solid line (bull uses high, bear uses low)
- Opposite Price Line: Tan solid line (bull uses low, bear uses high)
- Open Line: Lime dotted
- Close Line: White dotted
- Midpoint Line: Gold dashed at 50% level
🎨 Color Profiles
- Per‑TF Bull/Bear Colors: 21 timeframes × 2 colors
- Global Bull/Bear Colors: Optional override
🔍 POI Logic
- POI Total: Number of candles used for POI
- POI Side: Swing logic left/right
- Breaker Bars: Candle breakthrough allowance
🧠 What It Does
- Detects Regular Order Blocks using pure candle logic
- Classifies OBs as Bullish or Bearish based on price structure
- Resolves OBs from POI swing logic with engulfing and classic options
- Filters out broken or overlapping OBs
- Draws boxes and lines with full style control
- Supports multi‑timeframe scanning and dynamic display resolution
- Assigns unique names
💡 Why Traders Love It
- Clean, candle‑based OB logic — NO BOS, NO CHoCH, and NO FVG.
- Full control over visual styling and timeframe display
- POI logic helps identify high‑probability OBs
- Lightweight and fast — ideal for real‑time charting
- Designed for scalpers, intraday, and swing traders
- Compatible with EA engines and signal logic
🧭 Summary
The Order Blocks Pro‑Target P3 Indicator is a precision‑built scanner for Regular Order Blocks using pure candle logic. With multi‑timeframe support, POI swing detection, and full visual customization, it’s engineered for traders who want clean, accurate, and actionable OB detection.
