OPEN-SOURCE SCRIPT
Diupdate Internal Market Structure + Order Blocks
Internal Market Structure + Order Blocks
This indicator combines internal market structure shifts with order block detection to help traders identify key zones of institutional interest and potential trend reversals. It highlights bullish and bearish engulfing conditions that mark the formation of valid order blocks, and it plots internal structure shifts—early signals that may precede a larger move.
Key Features:
-Bullish & Bearish Order Blocks: Highlighted with shaded boxes (green for bullish, red for bearish) following engulfing price action.
-Internal Structure Shifts: Small black triangles show early signs of a potential reversal, offering a unique perspective beyond standard structure analysis.
-Engulfing Breakouts: Marks when price breaks previous opposing structure, confirming new directional intent.
-Alerts Included: Get notified on key structure breaks and internal shifts to stay ahead of potential setups.
This tool is designed to support price action trading by visually mapping key structural changes and zones of interest directly on your chart. It is not intended to function as a standalone trading strategy, but rather as a supplementary tool to inform your own analysis and discretion.
Note: The arrows, polylines, and colored trendlines shown in the chart example are not generated by the indicator. They have been added manually for illustration purposes to demonstrate how the indicator can be used to trace market structure. Likewise, the order blocks in the example are manually drawn and may differ slightly from the indicator's automatic calculations, serving only to enhance visual clarity.
This indicator combines internal market structure shifts with order block detection to help traders identify key zones of institutional interest and potential trend reversals. It highlights bullish and bearish engulfing conditions that mark the formation of valid order blocks, and it plots internal structure shifts—early signals that may precede a larger move.
Key Features:
-Bullish & Bearish Order Blocks: Highlighted with shaded boxes (green for bullish, red for bearish) following engulfing price action.
-Internal Structure Shifts: Small black triangles show early signs of a potential reversal, offering a unique perspective beyond standard structure analysis.
-Engulfing Breakouts: Marks when price breaks previous opposing structure, confirming new directional intent.
-Alerts Included: Get notified on key structure breaks and internal shifts to stay ahead of potential setups.
This tool is designed to support price action trading by visually mapping key structural changes and zones of interest directly on your chart. It is not intended to function as a standalone trading strategy, but rather as a supplementary tool to inform your own analysis and discretion.
Note: The arrows, polylines, and colored trendlines shown in the chart example are not generated by the indicator. They have been added manually for illustration purposes to demonstrate how the indicator can be used to trace market structure. Likewise, the order blocks in the example are manually drawn and may differ slightly from the indicator's automatic calculations, serving only to enhance visual clarity.
Catatan Rilis
Updates: 1. Order blocks length extended.
2. Auto-delete (order blocks) now works on all active order blocks.
3. "Delete mitigated order blocks" input option created.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.