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!
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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
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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
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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.
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Minor update of options
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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
nice work and an excellent topic - definitely deserves some tutorial posts ... thank you for sharing ..
makuchaku
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@RedKTrader, Thank you! I really appreciate the gesture. Check YTube videos for much more info & tutorials.
NewMoney2022
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@makuchaku, I need this same setup for NT8. know anyone who can do that?
Negan_93
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@NewMoney2022, If you do find someone they are going to charge you around 300 to 500 bucks.
kbojonny
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@NewMoney2022, a year ago but wondering if you ever found an NT8 version?
HoopsMcCann
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@RedKTrader, check out Inner Circle Trader (ICT) on YouTube if you haven’t done so already. He’s the creator/architect of these concepts (dude is the modern day Einstein of traders), and his content is 100% free. People would pay thousands for what he shares, he’s awesome