Super OrderBlock / FVG / BoS Tools by makuchaku & eFe

4 thg 4, 2022

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!

4 thg 4, 2022

Phát hành các Ghi chú

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

5 thg 4, 2022

Phát hành các Ghi chú

• 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
  

7 thg 4, 2022

Phát hành các Ghi chú

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.

10 thg 4, 2022

Phát hành các Ghi chú

Minor update of options

10 thg 5, 2022

Phát hành các Ghi chú

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