PROTECTED SOURCE SCRIPT
Actualizado Trader Otto - Smart Order Blocks & Delta Flow [SMC]
This indicator brings a professional approach to Smart Money Concepts (SMC) by combining classic **Order Block** identification with **Volume Delta** and **Volatility Filtering**.
Standard Order Block indicators often clutter the chart with weak zones. This script solves that by applying a rigorous "Quality Control" engine to every potential block.
### 🧠 Key Concepts
**1. Volume Delta Analysis (Δ)**
Inside every Order Block, the script calculates the internal buying/selling pressure.
* **The Problem:** A candle might look bullish, but have weak internal buying volume.
* **The Solution:** This tool displays the **Delta %** (Δ) directly on the block. A high positive Delta confirms strong institutional interest.
**2. Exhaustion Filter (ATR Logic)**
Not all big candles are Order Blocks; some are just exhaustion moves.
* The script uses an Average True Range (ATR) multiplier to detect statistically abnormal moves.
* If a candle is too large (likely a climax move), it is **rejected** as an Order Block, preventing false traps.
**3. Mitigation & Cleanup**
The system automatically manages the chart workspace:
* Blocks are extended into the future until they are mitigated (broken).
* Once price closes beyond the block, it is automatically removed to keep the chart clean.
### ⚙️ Settings
* **Pivot Period:** Defines the structural significance of the swing points.
* **Exhaustion Filter:** Users can adjust the ATR multiplier to filter out news spikes or climatic candles.
* **Volume Filter:** Ensures only blocks with above-average volume are plotted.
* **Visuals:** Customize colors and toggle the Delta information text.
---
*Disclaimer: This tool assists in market structure analysis but does not guarantee future price movements.*
Standard Order Block indicators often clutter the chart with weak zones. This script solves that by applying a rigorous "Quality Control" engine to every potential block.
### 🧠 Key Concepts
**1. Volume Delta Analysis (Δ)**
Inside every Order Block, the script calculates the internal buying/selling pressure.
* **The Problem:** A candle might look bullish, but have weak internal buying volume.
* **The Solution:** This tool displays the **Delta %** (Δ) directly on the block. A high positive Delta confirms strong institutional interest.
**2. Exhaustion Filter (ATR Logic)**
Not all big candles are Order Blocks; some are just exhaustion moves.
* The script uses an Average True Range (ATR) multiplier to detect statistically abnormal moves.
* If a candle is too large (likely a climax move), it is **rejected** as an Order Block, preventing false traps.
**3. Mitigation & Cleanup**
The system automatically manages the chart workspace:
* Blocks are extended into the future until they are mitigated (broken).
* Once price closes beyond the block, it is automatically removed to keep the chart clean.
### ⚙️ Settings
* **Pivot Period:** Defines the structural significance of the swing points.
* **Exhaustion Filter:** Users can adjust the ATR multiplier to filter out news spikes or climatic candles.
* **Volume Filter:** Ensures only blocks with above-average volume are plotted.
* **Visuals:** Customize colors and toggle the Delta information text.
---
*Disclaimer: This tool assists in market structure analysis but does not guarantee future price movements.*
Notas de prensa
This indicator brings a professional approach to Smart Money Concepts (SMC) by combining classic **Order Block** identification with **Volume Delta** and **Volatility Filtering**.Standard Order Block indicators often clutter the chart with weak zones. This script solves that by applying a rigorous "Quality Control" engine to every potential block.
### 🧠 Key Concepts
**1. Volume Delta Analysis (Δ)**
Inside every Order Block, the script calculates the internal buying/selling pressure.
* **The Problem:** A candle might look bullish, but have weak internal buying volume.
* **The Solution:** This tool displays the **Delta %** (Δ) directly on the block. A high positive Delta confirms strong institutional interest.
**2. Exhaustion Filter (ATR Logic)**
Not all big candles are Order Blocks; some are just exhaustion moves.
* The script uses an Average True Range (ATR) multiplier to detect statistically abnormal moves.
* If a candle is too large (likely a climax move), it is **rejected** as an Order Block, preventing false traps.
**3. Mitigation & Cleanup**
The system automatically manages the chart workspace:
* Blocks are extended into the future until they are mitigated (broken).
* Once price closes beyond the block, it is automatically removed to keep the chart clean.
### ⚙️ Settings
* **Pivot Period:** Defines the structural significance of the swing points.
* **Exhaustion Filter:** Users can adjust the ATR multiplier to filter out news spikes or climatic candles.
* **Volume Filter:** Ensures only blocks with above-average volume are plotted.
* **Visuals:** Customize colors and toggle the Delta information text.
---
*Disclaimer: This tool assists in market structure analysis but does not guarantee future price movements.*
Script protegido
Este script se publica como código cerrado. No obstante, puede utilizarlo libremente y sin ninguna limitación. Obtenga más información aquí.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
Script protegido
Este script se publica como código cerrado. No obstante, puede utilizarlo libremente y sin ninguna limitación. Obtenga más información aquí.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.