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.
Catatan Rilis:
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
Catatan Rilis:
Added the option to choose between either closes or wicks as an option for Order Block mitigation
Catatan Rilis:
Small bugs fixed
Catatan Rilis:
Minor bugs fixed
Catatan Rilis:
- Minor Changes
Catatan Rilis:
Minor Changes
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Discord: discord.gg/7ks8hzBAKr
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to.sonarlab.io/tv
Discord: discord.gg/7ks8hzBAKr
Guides: www.sonarlab.io/knowledge-base