In order to trade the order blocks effectively, you have to look for an area on the price chart where the price had a large move. This script automatically draws the order blocks for you, so you don't have to.
Blue OB (supply): search for short opportunities
Green OB (demand): search for long opportunities
Please be aware: Do not buy and sell from every order block.
You can set two types of alerts:
- Buy
- Sell
Some short information about order blocks:
Order blocks are huge institutional buy or sell orders placed over a particular period. During these, the institutional players are looking to build up their positions in the markets.
Blue OB (supply): search for short opportunities
Green OB (demand): search for long opportunities
Please be aware: Do not buy and sell from every order block.
You can set two types of alerts:
- Buy
- Sell
Some short information about order blocks:
Order blocks are huge institutional buy or sell orders placed over a particular period. During these, the institutional players are looking to build up their positions in the markets.
Notas de prensa:
Updated to PineScript v5
Fixed Alert Bug
Added clearer code comments
Added ability to change OB Colors
Fixed Alert Bug
Added clearer code comments
Added ability to change OB Colors
Notas de prensa:
Added the option to choose between either closes or wicks as an option for Order Block mitigation
Notas de prensa:
Small bugs fixed
Notas de prensa:
Minor bugs fixed
Notas de prensa:
- Minor Changes
Notas de prensa:
Minor Changes
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to.sonarlab.io/tv
Discord: discord.gg/7ks8hzBAKr
Guides: www.sonarlab.io/knowledge-base