Internal Market Structure + Order Blocks

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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.

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Phát hành các Ghi chú

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.