makuchaku

Super OrderBlock / FVG / BoS Tools by makuchaku & eFe

This super indicator is a Swiss army knife for Smart Money traders for OrderBlocks / FVG / BoS
It provides many options for drawing (non-repainting) boxes for OrderBlocks, Fair Value Gaps (FVG) and Break of Structures. The boxes are extended into the future, until the first retest/mitigation.

Some of the additional options (not explained in the diagrams above)
  • PPDD OB : An order block which is formed after interacting with Liquidity (old low/high, fractal low/high, etc). Since these OB's are in the most premium or most discount , they are Premium Premium Discount Discount OB's (PPDD OB)
  • HVB Bars : When the volume of any bar is higher than the average volume of last N bars, it could mean something important (in the right context). Hence, the indicator allows for coloring them differently.

This indicator was built as a collaboration between @makuchaku & eFe

Pro tip : This indicator is a simply a tool to visualize trading concepts on the candle stick chart. It is the job of the trader to sequence these effectively into a profitable trade.

If you come across any bug or have a question on how to effectively use the indicator, please don't hesitate to ask questions.

Good luck & good trading!
Informacje o Wersji: Update
  • Added ability to mark instances where stacked OB+FVG are found
  • Added + and - to represent bullish and bearish objectives

Important Note
Do not enable everything on the same chart. It will make it look very messy. Instead, use the following ballpark guide

HTF elements : OB, FVG, RJB, Pivots, PPDD OB's
LTF elements : Pivots, BoS, Stacked OB+FVG, PPDD OB's

If you have any questions, please don't hesitate to ask.

Thanks
Informacje o Wersji:
  • Added more options for colors & text size for each element for supporting both light & dark background chart themes
  • Regrouped qualitative indicators in a separate section
Informacje o Wersji: Added ability to generate BoS even when high/low crossover pivots. This helps in identifying liquidity sweep scenarios.
The default BoS is still when it happens with closing price crossing over the fractal pivot points.
Informacje o Wersji: Minor update of options
Informacje o Wersji: Updates
- Added ability to change colors of OB/FVG/RJB when they get mitigated. This helps you to clearly visualize difference between mitigated & unmitigated elements
- Added special treatment for an FVG which breaks structure
- Simplified the input menu & other fixes

Skrypt open-source

Zgodnie z prawdziwym duchem TradingView, autor tego skryptu opublikował go jako open-source, aby traderzy mogli go zrozumieć i zweryfikować. Brawo dla autora! Możesz używać go za darmo, ale ponowne wykorzystanie tego kodu w publikacji jest regulowane przez Dobre Praktyki. Możesz go oznaczyć jako ulubione, aby użyć go na wykresie.

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