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EmreKb
19 Jun 2022 pukul 10.32

Market Structure Break & Order Block by EmreKb 

Bitcoin / TetherUS PERPETUAL CONTRACTBinance

Deskripsi

This indicator shows the market structure break (msb) and order blocks (ob). Msb occurs after the breakout old high when the price make lower lows or occurs after the breakout old low when the price make higher highs. OB occurs after the msb, ob is the last bullish candle before high if msb is bearish but if the msb is bullish then ob is the last bearish candle before low.

Zigzag Lenght - A number for the zigzag calculation
Show Zigzag - Show/Hide Zigzag lines
Fib Factor - Fib level for the breakout confirmation. For example if new high larger than old high to low fib 1+fib_factor when the down trend then it's a breakout.

Catatan Rilis

Added breaker and mitigation blocks. Breaker and mitigation blocks are the block in the low area formed before last high. Last bearish candle for bearish and last bullish candle for bullish are mitigation or breaker blocks.

Catatan Rilis

Added display settings

Catatan Rilis

Changed some default values

Catatan Rilis

- Copy Paste bug fixed :)
- Added alert to msb

Catatan Rilis

Some Bug Fixed

Catatan Rilis

- The bug that caused the alarm delay has been fixed. (MSB)
- Added timeframe option. You can only select current timeframe or higher timeframe. Zigzag only shows in current timeframe.

Catatan Rilis

  • Optional time zone selection feature has been removed.
  • An alarm triggering when the price touches the box has been added (It triggers for every candle!).

Catatan Rilis

  • Delete old/broken boxes option added


Note: I'm working on new more accurate alert system (probably from telegram)
Komentar
dgtrd
very well done, congrats
emeğine sağlık
PineCoders
sharpie0319
@EmreKb Many thanks for this great price action indicator. I am just wondering if you can able to make the zigzag line to have an option to
sharpie0319
@EmreKb What I was saying is an option to change color for upline or downline of Zigzag and an alert when Zigzag established plotted a line> Thank you once again.
Trendoscope
Something new to learn. Thanks for detailed description.
djmad
firstwind
OneWithIPDAlgo
absolutely fantastic, great work.
TraderNL4
Nice Job!
astrinoshameem
@DutchCryptoWolf, gd
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