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Breaker

Breaker Block Detector [algo_aakash]This indicator identifies bullish and bearish breaker blocks using a structured validation process based on confirmed market structure breaks, order block identification, and displacement filtering. The objective is to highlight higher-quality breaker zones while reducing noise from unconfirmed formations. Features Confirmed swing high and swing low detection Break of Structure (BOS) validation ATR-based displacement filter Bullish breaker block detection Bearish breaker block detection Retest monitoring Zone invalidation tracking Visual breaker zone rendering Alert support for new zones and retests Inputs Structure Detection Swing Length BOS Confirmation Method Maximum Active Breakers Validation Engine ATR Length Displacement Multiplier Order Block Lookback Visual Settings Zone Colors Border Colors Midline Width Zone Extension Alerts New Bullish Breaker New Bearish Breaker Bullish Retest Bearish Retest Bullish Invalidation Bearish Invalidation How It Works The script confirms swing highs and lows. A Break of Structure is detected when price exceeds a confirmed swing level. The impulse move must satisfy an ATR-based displacement requirement. The originating order block is identified. A breaker zone is created and tracked. Zones remain active until mitigated or invalidated. Alerts Alerts are available for: New Bullish Breaker Blocks New Bearish Breaker Blocks Bullish Breaker Retests Bearish Breaker Retests Bullish Breaker Invalidations Bearish Breaker Invalidations Limitations Swing confirmation introduces intentional delay. Breaker identification depends on historical structure. Market conditions may affect signal frequency. Zones may be invalidated after creation. Notes This indicator is intended as an analytical tool for studying market structure and breaker block behavior. Users should evaluate signals within their own workflow and market context.
Chỉ báo Pine Script®
của algo_aakash
XRS Order Blocks / Breaker BlocksXRS Order Blocks / Breaker Blocks is a market-structure tool designed to identify potential bullish and bearish order blocks, track invalidation, and convert broken zones into breaker blocks. The script uses swing structure to detect order block zones after price breaks a prior swing high or swing low. It includes both a filtered engine and a raw engine, with optional overlap matching to mark stronger dual-engine zones. Features include: • Bullish and bearish order block detection • Breaker block tracking after invalidation • Dual-engine matching for overlapping zones • Optional merging of confirmed zones • ATR-based filtering to reduce oversized zones • Body or wick-based zone boundaries • Multiple invalidation modes • First tap / reaction tracking • Optional historical broken zones • Optional 50% consequent encroachment line • Custom zone colors, fills, and styling • Alerts for new bullish/bearish order blocks • Alerts when price enters bullish/bearish order blocks This indicator is useful for traders who use market structure, order blocks, breaker blocks, liquidity sweeps, failed reactions, and auction-market context. It can help map potential reaction zones, invalidated supply/demand areas, and areas where price may retest prior institutional structure. The indicator does not provide automatic buy or sell signals. It is designed as a discretionary charting and confluence tool. Disclaimer: This script is for educational and informational purposes only and does not constitute financial advice. Trading involves risk. Use at your own discretion.
Chỉ báo Pine Script®
của xrstrading
Volume-Weighted S/R Zones [WillyAlgoTrader]📊 Volume-Weighted S/R Zones is an overlay indicator that automatically detects support and resistance zones from price pivots, scores them by volume and price reaction, tracks breaks and retests, and instantly places a full risk-management plan on the chart with a stop-loss and three take-profits. No manual lines — everything is calculated and drawn automatically. The core idea: not all levels are equal. A level where price reversed on heavy volume and ran far from it is dozens of times more valuable than a level formed on thin volume with no reaction. The indicator assigns each zone a Strength Score from 0 to 100 , combining volume at the pivot bar, price reaction strength, and touch count — and displays only the zones that actually work. The indicator is completely free and open-source . Works on any instrument (crypto, forex, stocks, futures, indices) and any timeframe. 🧩 WHY THESE COMPONENTS WORK TOGETHER A classic pivot indicator draws lines on every local high and low — the chart turns into a mess of dozens of levels, and it's impossible to tell which ones matter. Volume profiles show where heavy trading happened, but don't tie that to specific reversal levels. Pure Price Action gives the right zones, but requires manual markup. This indicator solves all three problems with one integrated pipeline: Pivot Detection → Volume Score + Reaction Score → ATR clustering of nearby pivots → Strength Score 0..100 → Age Decay → Break Detection (with filters) → Retest Detection → Zone-Aware SL/TP → Trade Statistics Each step adds something the previous one cannot. Pivot Detection finds raw reversal points. Volume Score answers the question "was there heavy trading here". Reaction Score answers "did price bounce off the level". ATR clustering merges pivots into a single zone if they sit within N×ATR — giving zone width instead of a thin line. Age Decay gradually reduces the weight of old zones. Break/Retest turn zones into trade signals. Zone-Aware SL places the stop behind the broken zone instead of at an abstract ATR distance. Trade Stats show whether your settings actually work on your instrument. Remove any component and the system breaks: pivots without scoring are noise, scoring without clustering produces dozens of thin lines, clustering without break/retest gives no signals, signals without zone-aware SL get stopped out on noise. 🔍 WHAT MAKES THIS INDICATOR ORIGINAL 1️⃣ Strength Score 0..100 — three-component zone quality measurement. Each zone receives a strength score by the formula: Score = VolScore + ReactionScore + 10 (base bonus), then clamp(0, 100) Where: — VolScore (0..40) : computed as min(40, volumeRatio × 20) , where volumeRatio = volume on the pivot bar / average volume over N bars (default 20). On instruments without volume (some forex pairs) a base value of 20 is assigned. — ReactionScore (0..30) : measured as min(30, max_move / ATR × 10) , where max_move is the maximum price movement AWAY from the pivot in the first N bars after it (default 5). Computed against ATR at the pivot bar, not current ATR — this is the correct normalization. When the same zone is touched again (a new pivot within ATR × MergeDistance radius, default 0.5), zones merge, the touch counter grows, and a bonus of min(20, √touches × 4) × 0.5 is added to the score. This means: 4 touches give +4, 9 touches +6, 16 touches +8. Logarithmic growth to avoid over-weighting. Zones are divided into 4 tiers by score: ★ (weak, 0-30), ★★ (medium, 30-60), ★★★ (strong, 60-85), 🔥 (very strong, 85+) . The tier is shown directly on the zone label and affects box transparency — stronger zones are more visually prominent. 2️⃣ Age Decay — old zones lose strength gradually, not abruptly. Each bar the zone score is reduced by ageDecayRate × 0.1 . By default (0.5) that's −0.05 per bar, so a zone loses about 25 points over 500 bars. This gives an honest forgetting mechanism: a level from last week matters, but not as much as a level from last hour. Can be disabled (set to 0) or made aggressive (1.0 = −0.10 per bar). Additionally zones are removed by three conditions: age exceeds Max Zone Age (default 30 Days, measured independently of timeframe), score drops below MIN_VIABLE_SCORE = 5.0 , or zone is broken and more than 2×ReactionWindow bars have passed since the break (nobody will retest a stale broken zone). 3️⃣ Break Detection with a dual-volume filter (floor + cap). The standard "break volume ≥ N×average" filter is easily bypassed by news spikes and gaps. Solution: — Volume Floor : volume ≥ avg × VolMult (default 1.3) — filters thin-volume breakouts. — Volume Cap (optional) : volume ≤ avg × VolCap (default 5.0) — filters abnormally large candles (opening gaps, news spikes). Especially important on stocks. Additionally: Momentum Filter requires the break candle's range to be ≥ N×ATR (default 1.0). This filters "doji breaks" where the candle body barely crossed the level. 4️⃣ Retest Detection with reaction validation. After a break, the indicator waits for a retest within a Min..Max bars window (default 2..30). A retest counts only if: — Price touched the broken zone (low ≤ zoneTop for a bullish break) — Price closed back in trend direction (close > zoneTop) — Reaction from the zone ≥ ATR × ReactionMin (default 0.5×ATR) Optionally enable Mitigation Filter , which skips a retest if the zone was already tested once — for traders who only want the first retest. 5️⃣ Zone-Aware Stop-Loss — stops behind real structure, not in thin air. With Zone-Aware SL enabled, the stop is placed not just at ATR×Mult distance, but by formula: — For long: SL = max(close − ATR×SLMult, zoneBot − ATR×0.2) — For short: SL = min(close + ATR×SLMult, zoneTop + ATR×0.2) The LESS aggressive stop is chosen: either the standard ATR stop, or "behind the zone with a 0.2×ATR buffer". Logic: if the zone is broken, it became resistance (for longs) or support (for shorts). If price returns back INTO the zone — the breakout idea is invalidated, you should exit. This gives a clear exit criterion and usually a wider but more meaningful stop. 6️⃣ Risk presets and three take-profits with partial scaling. Four ready-made risk presets: — Conservative : SL 2.5×ATR, TP 1R / 2R / 4R — Balanced (default): SL 1.5×ATR, TP 1R / 2R / 3R — Aggressive : SL 1.0×ATR, TP 1.5R / 2.5R / 4R — Scalping : SL 0.8×ATR, TP 0.8R / 1.5R / 2R — Custom : configure manually The model assumes splitting the position into three equal parts: 1/3 on TP1, 1/3 on TP2, 1/3 on TP3. When a TP is touched, the line turns solid cyan with a ✓ checkmark. 7️⃣ Break-Even Trail — after TP1 the stop automatically moves to entry. With Break-Even After TP1 enabled, on first touch of TP1 the SL is pulled to the entry price. Only TP2 and TP3 remain in play — but the risk is now zero. If price reverses, the trade closes at break-even instead of the original stop. Classic "protect profit, let winners run" model. Implemented carefully: BE activates only after a confirmed TP1 touch (with no SL break on the same bar), and on the same bar TP1 + SL is always resolved as a stop (conservative model — real brokers don't guarantee limit fills before stops on the same wick). 8️⃣ Session Trade Statistics — tracking real effectiveness. The dashboard tracks stats right on the chart: — Trades : total closed trades — W/L : wins vs losses — Win Rate : % of wins. A WIN = TP1 reached . This is a deliberate classification: if the idea worked and TP1 closed — that's a success, even if TP2/TP3 didn't fill and exited at BE. — BE saves : diagnostic counter. How many wins closed via BE-stop rather than TP3. High BE saves ratio → TP3 is set too far. — Avg R : average R-multiple per trade. Calculated assuming partial scaling (1/3 at each TP). Stats reset on any settings change (including a dedicated Reset Stats Counter input made specifically for manual resets). 9️⃣ Fully adaptive theme and WCAG-contrast colors. All colors are calculated for both TradingView themes (Dark/Light) with WCAG AA contrast verification (4.5:1 minimum). Label text on tinted backgrounds is chosen so it remains readable on both themes. Auto-detection by chart background color, or manual Dark/Light selection in settings. 🔟 TF-independent zone aging. Max Zone Age can be set in Bars / Hours / Days . This means "30 Days" is always 30 calendar days regardless of timeframe (on 5m it's 8640 bars, on 1h — 720, on 1D — 30). Legacy indicators use bars only, which makes them break when you switch TFs — fixed here. 🧠 HOW IT WORKS — step-by-step calculation flow Step 1 — Pivot Detection: on each bar, ta.pivothigh and ta.pivotlow are checked with equal left/right lookback (default 21). A pivot is confirmed only after N bars pass — so the indicator does NOT repaint already-drawn zones. Step 2 — Volume Score: for a confirmed pivot, VolScore is computed against the volume on the pivot bar itself (not the current bar). Step 3 — Reaction Score: the maximum price movement AWAY from the pivot is measured over the next N bars. ATR at the pivot bar is used for correct normalization. Step 4 — Merge or Create: if there's already a same-type zone within ATR × MergeDistance — the pivot merges into it (zone widens, score updates, touch counter increments). Otherwise a new zone is created with boundaries ±0.15×ATR from the pivot price. Step 5 — Age Decay & Cleanup: a reverse pass over the zone array applies decay, removes too-old, too-weak, and stale broken zones. If active zones exceed Max Active Zones — the weakest is removed. Step 6 — Break Detection: on every confirmed bar, every unbroken zone is checked for a break. Volume Floor, Volume Cap, and Momentum Filter are applied if enabled. Step 7 — Retest Detection: after a break, a retest with confirmed reaction is searched for in the Min..Max bars window. Step 8 — Risk Management: on a signal (Break or Retest), with risk management enabled, a virtual position opens with SL and three TPs calculated. Step 9 — Trade Lifecycle: on each bar, SL/TP touches are checked. TP1 → BE activates. SL or TP3 → position closes, stats update. Step 10 — Visual & Alerts: zone boxes, SL/TP lines, BRK/RT markers, dashboard — all refresh on the last bar. Alerts fire on bar close. 📖 HOW TO USE — EVEN IF YOU'RE NEW 🎯 Quick start (3 minutes): 1. Add the indicator to your chart (any instrument, any timeframe). 2. Wait 30–50 bars — the indicator needs history for calculations. Zones will appear after that. 3. Look at the dashboard in the top-right corner — it shows current trend, active signal, and position state. 4. Don't change settings on day one. Work with defaults to understand how the indicator "breathes" on your instrument. 5. When you see a BRK or RT signal — look at the horizontal SL/TP1/TP2/TP3 lines. That's your trade plan. 👁️ Reading the chart: — 🟢 Green box = support zone (Demand). Price approaches from below. — 🔴 Red box = resistance zone (Supply). Price approaches from above. — Box transparency = zone strength. The more opaque, the stronger. — Icon on the label : ★ weak, ★★ medium, ★★★ strong, 🔥 very strong. — ×N on label = number of zone touches. — ✕ on label = zone already broken (you can hunt for a retest). — BRK green below bar = resistance broken upward. — BRK red above bar = support broken downward. — RT = confirmed retest of broken level. — Dotted blue line = entry price of the active trade. — Solid red line = stop-loss. When it becomes dimmed + ENTRY label says "→ SL (BE)" — stop has moved to break-even. — Dashed green lines = TP1, TP2, TP3. When they turn solid cyan with ✓ — that TP is reached. 📊 Dashboard (top-right by default): — Trend : Bullish / Bearish / Neutral. Calculated as weighted difference of zone strength above vs below price. — Signal : current status (BREAK ▲, RETEST ▼, Long Active, Wait, etc.). — Score : strength of active signal or strongest zone. — Zones : number of active zones on chart. — TF : timeframe. — SL / TP1 / TP2 / TP3 : risk management prices for the active trade. — R:R : risk/reward ratio to TP1. — Risk : % of price you risk to the stop. — Trades / W/L / Win Rate / BE saves / Avg R : session stats. 🔧 Tuning — what to change and when: — Too many zones, chart cluttered: raise Min Score to Display to 30–40. Raise Zone Merge Distance to 0.7–1.0. — Too few zones: lower Pivot Lookback to 10–15. Lower Min Score to 0–10. — Scalping 1m–5m: use Scalping preset, Pivot Lookback 5–8, ATR Length 10. — Swing 1h–4h: Balanced preset, Pivot Lookback 21 (default), Max Zone Age 30 Days. — Position trading 1D: Conservative preset, Pivot Lookback 10–15, Max Zone Age 90 Days. — False breakouts eat your account: enable Volume Filter for Breaks + Momentum Filter. — Trading stocks/indices with gaps: keep Volume Cap on (it's on by default). — Want only the first retest: enable Mitigation Filter for Retests. — Frequently closing at BE without profit: check BE saves in dashboard. If >50% of wins — TP3 is too far, shorten it. 💡 Trading ideas: — Most reliable setup: retest of a strong zone (★★★ or 🔥) in the dashboard trend direction . — Don't trade against the strongest zone (🔥) in your path — wait for it to break first. — A zone touch without confirmed reaction is NOT a signal. The indicator filters this for you, but don't try to "guess" the bounce in advance. — Use Trade Stats as feedback. If after 50 trades Win Rate < 40% and Avg R < 0 — change settings or timeframe. ⚙️ KEY SETTINGS ⚙️ Main Settings: — Pivot Lookback (default 21): how many bars on each side must be lower/higher for a pivot — Max Active Zones (default 8): max number of active zones on chart — Zone Merge Distance (default 0.5×ATR): merge radius for nearby pivots — Min Score to Display (default 15): hide zones weaker than this 📦 Zone Detection: — ATR Length (default 14): ATR period for all calculations — Volume Avg Lookback (default 20): average volume window — Reaction Window (default 5): bars to measure reaction after a pivot — Age Decay Rate (default 0.5): zone aging speed — Max Zone Age (default 30 Days): maximum zone age — Max Zone Age Unit (Bars / Hours / Days) 🔍 Filters (optional): — Volume Filter for Breaks (default off): require volume ≥ N×average on break — Volume Multiplier (default 1.3) — Volume Cap (default on, 5.0): filter abnormal spikes — Momentum Filter (default off): require candle range ≥ N×ATR — Mitigation Filter (default off): first retest only 🎯 Signals: — Show Break Signals / Show Retest Signals — Min/Max Bars for Retest (default 2 / 30) — Min Retest Reaction (default 0.5×ATR) 🛡️ Risk Management: — Enable Risk Management (default on) — Risk Preset (Conservative / Balanced / Aggressive / Scalping / Custom) — SL ×ATR , TP1/TP2/TP3 ×Risk (for Custom) — Zone-Aware SL (default on): place stop behind the zone — Break-Even After TP1 (default on) — Show SL/TP Lines / Labels — Show % Distance on Labels — Entry/SL/TP Line Style (Solid / Dashed / Dotted) 🎨 Visual: — Theme (Auto / Dark / Light) — Show Zones / Score Labels / Watermark — Zone Forward Bars (default 5): how many bars to project zones forward — SL/TP Label Font Size , Signal Marker Size 📊 Dashboard: — Show Dashboard , Position — Show Trade Stats (W/L, Win Rate, Avg R, BE saves) — Reset Stats Counter : changing the value resets stats 🔔 ALERTS — 🟢 BREAK UP — resistance broken upward, with price, score, SL, and three TPs — 🔴 BREAK DOWN — support broken downward — 🟢 RETEST LONG — confirmed long retest — 🔴 RETEST SHORT — confirmed short retest — 🎯 TP1 / TP2 / TP3 HIT — target reached (optional) — 🛑 SL HIT / 🛡️ BE STOP-OUT — stop-loss hit or break-even close — 🛡️ BREAK-EVEN ACTIVATED — stop moved to entry All alerts available in two formats: plain text (readable for Telegram/Discord) and JSON (for webhook automation). Fire on bar close (alert.freq_once_per_bar_close) — no intra-bar flooding. ⚠️ IMPORTANT NOTES — 🚫 No repainting. All signals use barstate.isconfirmed. Pivots are confirmed with equal left/right lookback — meaning the pivot point is always N bars in the past. This is delayed confirmation, not repainting of future values. Zones don't move after they appear. — 📐 Zones are built from confirmed pivots. This means a zone appears on the chart N (Pivot Lookback) bars after the extreme formed. On the most recent 21 bars to the right there will be no zones — this is normal and correct. — ⚖️ On instruments without volume (some forex pairs, some indices) VolScore defaults to 20 out of 40. Zone quality scoring is lower than on crypto/stocks with real volume. — 🛠️ This is an analysis tool, not an automated bot. The indicator finds zones, marks signals, and proposes a structured trade plan — but entry decisions are YOURS. Past performance does not guarantee future results. — 📊 Trade Stats counts virtual trades based on indicator signals, without slippage, commissions, or real liquidity. Use as a reference, not as a promise of results. — 🌐 Universal compatibility: works on any ticker and timeframe. On tick/Renko charts, Hours/Days options for Max Zone Age automatically fall back to 500 bars. — 💯 Completely free, open-source. Study the code, fork it, modify it for yourself. If you found this indicator useful — leave a 🚀 and follow the author profile to see updates and new publications. Questions and feedback welcome in the comments.
Chỉ báo Pine Script®
của WillyAlgoTrader
14
Unicorn Model Detector [AGPro Series]Unicorn Model Detector Overview The Unicorn Model Detector identifies one of the most discussed setups in Inner Circle Trader (ICT) and Smart Money Concepts literature: the Unicorn Model. A Unicorn forms when a Breaker Block and a Fair Value Gap (FVG) overlap inside the same price zone — a pocket where prior swing liquidity has been swept and an unfilled imbalance still exists at the retest. The detector scans for these overlaps, tracks every occurrence through its full lifecycle, and reports aggregate statistics in a compact on-chart panel. It is a detection and bookkeeping tool, not a trading strategy. Unique Edge Most breaker and FVG scripts publish either zones in isolation or require the user to eyeball the overlap. This detector does the overlap match automatically and only draws a zone when both conditions are present on the same chart area with the same directional bias. A strict causality rule is enforced — the Breaker must form first (after liquidity sweep) and the FVG must appear during or after the retest, which matches the true ICT Unicorn definition. A pairing that consumes a given breaker and FVG is removed from future candidate pools, so the chart never stacks redundant zones from the same source structure. A Loose overlap mode is also provided for users who prefer an ATR-based proximity interpretation instead of strict geometric intersection. Methodology 1. Swing pivots are detected with a configurable left/right length using ta.pivothigh and ta.pivotlow. 2. When a confirmed pivot forms, the body range of the pivot bar is stored as the potential Breaker source zone. 3. A Breaker Block is registered when price closes through the previous-bar swing level in the opposite direction. 4. A Fair Value Gap is registered when a 3-bar formation produces an unfilled imbalance (low > high for bullish, high < low for bearish) and the gap exceeds a user-defined ATR multiple. 5. A Unicorn is spawned when a same-direction Breaker zone and FVG zone overlap vertically AND the FVG formed at or after the Breaker (causality check). 6. A configurable cooldown prevents consecutive spawns from clustering, improving signal hygiene. 7. The overlap rectangle becomes the tracked zone. Zone mid is the reference entry, the stop is placed 0.4 times the zone height beyond the structure boundary, and the target is projected at the user-defined R-multiple. Signals & Alerts Four independent alert conditions are exposed: - New Unicorn Detected — a fresh bullish or bearish Unicorn has just formed. - Unicorn Triggered — price has entered the overlap zone of a pending Unicorn. - Target Hit — a triggered Unicorn has reached its R-multiple target. - Stop Hit — a triggered Unicorn has been invalidated at its stop level. All alerts fire once per bar close and include the ticker and timeframe in the payload. Key Inputs - Swing Pivot Length (default 7) — left/right length used for pivot confirmation. - Breaker Lookback (default 80 bars) — maximum age for a broken swing to remain a valid Breaker. - FVG Minimum Size (default 0.25 x ATR) — noise filter for 3-bar imbalances. - Overlap Mode (Strict / Loose) — geometric intersection vs ATR-tolerance match. - Reward-to-Risk Target (default 2.0) — multiple used to project the target level. - Max Active Pending Unicorns (default 3) — chart-cleanliness cap. - Cooldown After Signal (default 30 bars) — minimum spacing between consecutive spawns. - Invalidate on Close Through Zone (default off) — optional tighter invalidation rule. - Visual controls — show/hide per lifecycle state, label size, zone opacity, max recent labels. - Panel controls — show/hide, location (6 positions), theme (Dark/Light), text size. How to Use 1. Add the indicator to any timeframe; higher timeframes (1H, 4H, 1D) tend to produce structurally more meaningful Unicorns. 2. Watch for a new Unicorn zone to appear. Pending zones are drawn in the directional state color with a bold border; triggered ones switch to the indigo accent color; TP / SL / Expired zones fade to their respective colors with a thinner border. 3. Each zone carries a tethered flag label outside the price axis — Bullish labels below, Bearish labels above — so they never overlap candles. 4. The panel reports running counts of pending and active Unicorns, historical win rate, average R per setup, and total completed. 5. Use the displayed entry / target / stop reference lines as a structural map for your own analysis. The tool does not place orders and does not recommend position sizing. 6. Combine with higher-timeframe bias (trend, session context, HTF structure) before acting on any zone. Limitations & Transparency - The detector is a structural scanner, not a forecasting engine. It reports what has formed, not what will happen. - Swing detection depends on pivot length; shorter lengths generate more noise, longer lengths miss smaller structures. - Statistics are calculated on-chart from historical bars loaded by TradingView and will vary with timeframe, symbol and data range. - Realtime behaviour: zones are drawn on confirmed events (bar close for breaks, 3-bar-complete for FVGs). Some invalidations are evaluated intrabar on wick touches of the stop level. - The script is open-source under Mozilla Public License 2.0. Users are encouraged to inspect and adapt the methodology. Risk Disclosure This indicator is provided for educational and analytical purposes only. It is not financial advice, a trading signal service, or a strategy. Past structural patterns do not guarantee future outcomes. Trading involves substantial risk of loss; readers are solely responsible for their own decisions and risk management.
Chỉ báo Pine Script®
của AGProLabs
Breaker Block Engine [AGPro Series]Breaker Block Engine Overview Breaker Block Engine is a dedicated detection and tracking tool for one of the most misunderstood concepts in Smart Money trading: the Breaker Block. A breaker block is an order block that has failed and flipped role — a bearish order block broken upward now behaves as bullish support, and a bullish order block broken downward now behaves as bearish resistance. The engine does not just draw them; it validates each break with displacement strength, tracks every retest, scores how well each breaker has held its role, and surfaces the dominant bullish and bearish breakers through a clean info panel. Unique Edge Most breaker block scripts stop at drawing a flipped zone. This engine goes further: - Each break is validated using an ATR-scaled close-based displacement filter, optionally combined with above-average volume confirmation, to reject weak wick-based breaks. - Every retest of a breaker is counted and evaluated as Held or Lost, and the state label on the chart shows a live retest hold percentage for each breaker (for example "Bull Breaker | Held x6 (100%)"). - An invalidation buffer prevents single-wick noise from prematurely killing otherwise healthy breakers, while genuinely violated zones fade into a gray "Lost" state and are removed from tracking shortly after. - Intra-side and cross-side confluence grouping automatically clean up overlapping labels so the chart stays readable even when several breakers cluster within half an ATR. - The info panel summarises the whole picture in one glance: dominant side, active counts per side, nearest breaker distance in both price and ATR multiples, and overall retest hold percentage. Methodology 1. Swing Detection. Confirmed pivot highs and pivot lows are identified using a configurable pivot length. These pivots anchor the search for order block candidates. 2. Order Block Candidate. For each confirmed pivot high, the script walks back up to ten bars looking for the last bearish candle — this is the bearish order block candidate. The symmetrical process identifies bullish order block candidates around pivot lows. 3. Break Validation. A candidate is promoted to a breaker only when price closes past the opposite edge of the order block by at least a user-defined ATR multiple (default 0.75 × ATR). An optional volume confirmation filter can additionally require the break candle to trade above its volume moving average. 4. Retest & Hold Scoring. After formation, each breaker is checked every bar. If price re-enters the zone and the close respects the breaker's intended direction, a Hold is recorded; otherwise the retest is counted but not held. A minimum bar spacing prevents consecutive bars of a sustained retest from inflating the counter. 5. Invalidation. If price closes past the far edge of the breaker by more than the invalidation buffer (in ATR), the breaker is marked Lost, visually faded, and removed from active tracking after a short grace period. 6. Confluence Grouping. On the most recent bar, breakers whose mid-points sit within max(0.5 × ATR, 0.5 % of price) of each other have their overlapping state labels resolved: dead labels yield to alive labels, older labels yield to newer ones. A cross-side pass prevents stale opposite-side labels from sitting on top of active ones. Signals & Alerts The script provides three alert events: - New Breaker: fires on the bar a bullish or bearish breaker is confirmed. - Retest Hold: fires when price retests an active breaker and the close respects the zone direction. - Invalidation: fires when an active breaker is broken in the opposite direction beyond the invalidation buffer. On-chart signals include the zone itself (coloured by side), a small directional triangle at the break point, and a dynamic state label on the right edge showing the breaker's test count and hold percentage. Key Inputs - Swing Pivot Length: bars on each side used to confirm swings. Higher values produce fewer but structurally stronger swings. - Max Active Breakers per Side: hard cap on simultaneously tracked bullish and bearish breakers; oldest are pruned when the limit is reached. - Displacement Strength: ATR multiple required for a close-based break to validate. Higher values produce fewer, stronger breakers. - Require Volume Confirmation: when enabled, the break candle must trade above its volume moving average. - Invalidation Buffer: ATR buffer added beyond the breaker edge before the breaker is considered invalidated. Prevents wick-based noise kills. - Min Bars Between Retests: minimum bar spacing between consecutive retests of the same breaker, keeping counters from inflating on sustained visits. - Zone Transparency, Colours, Label & Panel Sizes: full visual control. - Panel Location, Theme, Far Zone Threshold: the info panel can be placed in any of six positions, switched between Dark and Light theme, and the threshold for labelling distant zones as "Far" is user-configurable. How to Use - On mid-to-high timeframes (15m and up), leave the defaults. The engine is tuned for 15m to 4h out of the box but works on any timeframe and instrument. - Use the state label hold percentage as a quality gauge. A breaker with a long history of holds (for example "Held x6 (100%)") has demonstrated institutional interest at that level; a breaker with mixed results deserves more caution. - Use the panel to orient quickly. If the dominant side is Bullish and the nearest bullish breaker sits within a fraction of an ATR, the chart is in a supportive regime for long bias; if both nearest values show "Far", price is floating between structures and caution is warranted. - Combine with higher-timeframe context. A bullish breaker on the 1h that aligns with a bullish breaker on the 4h is a stronger zone than either alone. Limitations & Transparency - This is an indicator, not a strategy. It draws zones and tracks their behaviour; it does not generate buy or sell orders, manage positions, or calculate performance statistics against a price series. - Pivot-based detection is inherently lagging by the pivot length: a swing is only confirmed once the configured number of bars have printed past it. - Results depend on input choices. Different displacement multipliers, pivot lengths, and retest gaps will produce different breaker sets. The defaults are a starting point, not a recommendation. - No indicator can guarantee future behaviour. A breaker that has held ten times in the past can fail the next time it is tested. Risk Disclosure This script is provided for educational and research purposes only. It is not financial advice and does not constitute a recommendation to buy, sell, or hold any instrument. Trading carries substantial risk of loss. Users are solely responsible for their own trading decisions and risk management. Past behaviour of a breaker, or of any zone shown by this script, does not guarantee future results.
Chỉ báo Pine Script®
của AGProLabs
6
AG Pro Order Block Reaction Quality [AGPro Series]AG Pro Order Block Reaction Quality OVERVIEW / WHAT IT DOES AG Pro Order Block Reaction Quality is an overlay tool designed to organize how price interacts with displacement-origin order block zones. The script identifies the last opposite candle before a strong impulsive move, projects that candle as a bullish or bearish order block, and then tracks whether price later respects, reacts to, or invalidates that zone. The goal is not to treat every order block as equally important. Instead, the script focuses on reaction quality. When price revisits a tracked zone, the script evaluates the behavior around that revisit and converts the response into a structured quality score. This helps separate zones that produce cleaner reactions from zones that fail, weaken, or transition into breaker behavior. The indicator is built as a chart-organization tool, not as a prediction engine. It is intended to help users study where impulsive moves originated, how later revisits behaved, and whether those revisits showed clean rejection, weak response, or invalidation. In that sense, the script is less about drawing boxes and more about mapping reaction structure around previously important displacement areas. Because order block concepts are often displayed in a highly subjective way, this script uses deterministic conditions to reduce ambiguity. Impulse detection, order block selection, reaction-window scoring, and breaker conversion all follow rules-based logic. The objective is to make price interaction around those zones easier to inspect, compare, and review across different market conditions. UNIQUE EDGE Many order block tools focus mainly on detection. They draw a bullish or bearish block, then leave the interpretation to the user. This script adds an evaluation layer on top of that detection process. Rather than only asking where an order block exists, it also asks how convincingly price reacted when that zone was revisited. That difference matters. Two zones may look similar at first glance, but the quality of the revisit can be very different. One revisit may reject cleanly and preserve the zone, while another may penetrate deeply, stall, or fully invalidate. By assigning reaction scores and grade-style labels, the script helps organize those differences visually. The script also distinguishes active order blocks from breaker behavior. If a previously tracked zone is invalidated, the visualization shifts from standard order block context into breaker context. This adds structural continuity to the chart and helps users see when an old reaction area has lost its original character. In practical use, the unique edge is the combination of three layers: impulsive-origin zone detection, revisit-based reaction scoring, and breaker-state continuity. Together, those layers aim to give traders a cleaner framework for studying order block behavior than a simple box-drawing approach. METHODOLOGY 1) Impulse detection The script first searches for strong directional candles whose range is large relative to ATR and whose move exceeds a recent breakout threshold. This is used as a rules-based approximation of displacement or impulsive participation. 2) Order block definition Once an impulsive move is detected, the script searches backward for the last opposite candle inside a configurable lookback window. That candle becomes the source order block. Depending on settings, the zone can be projected using the full candle range or the candle body only. 3) Zone persistence and revisit tracking After a zone is created, the script tracks whether price later trades back into it. That first interaction is important because it provides the data needed to evaluate how the revisit behaved. 4) Reaction quality scoring When price revisits the zone, the script measures the behavior inside a reaction window. The score is based on factors such as entry precision into the zone, the magnitude of rejection away from the zone, structural integrity of the zone during the test, and the strength of the originating impulse. Those components are combined into a normalized score. 5) Grade translation The raw score is then translated into a visual grade tier. This is meant to improve chart readability and allow faster comparison between zones that produced stronger versus weaker reactions. 6) Breaker conversion If price invalidates a zone after it has been engaged, the script can treat that structure as a breaker block. This keeps prior structural context on the chart instead of simply removing it. 7) Visual organization Bullish zones, bearish zones, and breaker structures are displayed with separate color families so users can distinguish standard order block context from post-invalidation context more quickly. SIGNALS & ALERTS The script includes alerts for newly detected bullish and bearish order blocks. These alerts are event-based and are intended to mark when a new candidate zone has been identified according to the script’s internal impulse and source-candle rules. In addition, the visual state of the chart provides three broad categories of information: - Active bullish or bearish order blocks that remain structurally valid. - Breaker blocks that represent previously tracked zones after invalidation. - Quality-scored reactions that help compare the strength of revisits. These states should be interpreted as structural context, not as standalone trade instructions. A bullish order block on the chart does not guarantee a long setup, and a bearish order block does not guarantee a short setup. The script is designed to help users study reaction behavior around important zones, not to replace execution rules, risk management, or broader market context. KEY INPUTS ATR Length Controls the volatility baseline used in impulse sizing and reaction calculations. Impulse Size (x ATR) Defines how large a move must be, relative to ATR, before it is treated as an impulsive displacement event. OB Search Bars Back Controls how far back the script looks for the last opposite candle that becomes the source order block. Zone Mode Lets the user choose whether zones are based on the full candle range or the candle body only. Max Zones Tracked Limits how many zones remain in memory and on the chart. Zone Max Age (Bars) Removes older zones after a defined number of bars so the chart does not grow indefinitely cluttered. Reaction Window (Bars) Defines the number of bars used to evaluate how price behaves after a zone is revisited. Zone Extend (Bars) Controls how far zones project into the future for chart visualization. Show 50% Midline Displays an internal midpoint inside the zone for users who want an additional internal reference. Show Impulse Markers Shows or hides impulse-origin markers on the chart. Label Size Controls the size of chart labels. Panel Theme / Panel Font Size / Panel Position These settings control the visual appearance and placement of the information panel. LIMITATIONS & TRANSPARENCY Order block analysis is inherently interpretive, and any script that formalizes it must impose strict rules. That means the script’s logic is intentionally selective. It will not match every discretionary order block definition used by every trader. The script uses a specific rules-based approximation of impulse, source candle selection, revisit handling, and reaction scoring. As a result, some zones that a discretionary analyst might manually highlight will not appear, while some zones shown by the script may not align with every subjective framework. Reaction quality is also dependent on the configured reaction window and the selected volatility context. Changing settings can change how aggressive or conservative the script becomes. For that reason, the indicator should be treated as a structured analytical model rather than an objective statement of market truth. Breaker behavior shown by the script reflects the script’s invalidation logic only. It does not imply that a breaker block will necessarily act as support or resistance in the future. It simply preserves structural history after the original order block state is lost. This indicator does not use volume profile, order flow, DOM data, or external market microstructure feeds. All calculations are derived from chart data available inside Pine Script. RISK DISCLOSURE This script is for chart analysis, research, and educational use. It does not provide financial advice, investment recommendations, or guaranteed outcomes. No indicator can reliably predict future price movement on its own. Order block reactions may fail, clean-looking zones may break, and high scores do not ensure continuation or reversal. Market context, liquidity conditions, volatility regime, timeframe selection, and execution quality all matter. Users should test settings carefully, apply independent judgment, and use appropriate risk management. This script should be treated as a decision-support tool for studying price interaction around displacement-origin zones, not as a standalone trading system.
Chỉ báo Pine Script®
của AGProLabs
2
Smart Money Tracker [JOAT]Smart Money Tracker Introduction The Smart Money Tracker is an open-source indicator that combines institutional order flow concepts including Fair Value Gaps (FVG), Order Blocks (OB), Breaker Blocks, Liquidity Sweeps, Market Structure Breaks, and Displacement patterns. This mashup creates a comprehensive Smart Money Concepts (SMC) analysis system designed to identify where institutional traders are positioning themselves and how they manipulate price to accumulate or distribute positions. The indicator addresses a fundamental market reality: institutional traders with large capital cannot simply buy or sell at market prices without moving the market against themselves. They must use sophisticated techniques including liquidity sweeps, gap creation, and order block manipulation. By tracking these institutional footprints simultaneously, this tool helps retail traders align with smart money rather than becoming their liquidity. Chart showing FVG zones, Order Blocks, liquidity sweeps, and market structure on 15M timeframe Why This Mashup Exists This indicator combines six Smart Money Concepts that reveal different aspects of institutional behavior: Fair Value Gaps (FVG): Inefficient price delivery zones where institutions moved price quickly Order Blocks (OB): Last opposite-direction move before impulse, showing accumulation/distribution Breaker Blocks: Failed Order Blocks that signal potential trend reversal Liquidity Sweeps: Stop hunts where institutions trigger retail stops before real move Market Structure: Break of Structure (BOS) and Change of Character (CHoCH) patterns Displacement: Strong institutional moves with high volume and large candles Each concept reveals different institutional tactics: FVGs show where they moved fast, Order Blocks show where they accumulated, Breaker Blocks show failed accumulation, Liquidity Sweeps show stop hunts, Market Structure shows control shifts, and Displacement shows strong directional intent. Together, they create a complete picture of institutional order flow that no single concept can provide. The mashup is justified because these concepts work together in institutional trading sequences: institutions sweep liquidity, create FVGs during displacement, leave Order Blocks at accumulation zones, and break market structure when taking control. Tracking all simultaneously reveals the complete institutional playbook. Core Components Explained 1. Fair Value Gap (FVG) Detection FVGs occur when price moves so quickly that it leaves an unfilled gap: // Bullish FVG: Current low > high from 2 bars ago bullishFVG = low > high and close > high fvgTop = low fvgBottom = high fvgSize = ((fvgTop - fvgBottom) / fvgBottom) * 100 // Bearish FVG: Current high < low from 2 bars ago bearishFVG = high < low and close < low fvgTop = low fvgBottom = high fvgSize = ((fvgTop - fvgBottom) / fvgBottom) * 100 FVG significance: Represents inefficient price delivery - institutions moved too fast Price often returns to "fill" these gaps before continuing Larger FVGs (> 0.5%) are more significant FVGs act as support/resistance zones Multiple unfilled FVGs suggest strong directional intent The indicator draws boxes for FVGs and tracks when they get "mitigated" (price returns to fill them). Timeframe-adaptive limits prevent clutter (fewer boxes on higher timeframes). 2. Order Block Identification Order Blocks mark where institutions accumulated or distributed positions: // Bullish Order Block // Two consecutive bearish candles + strong bullish candle with high volume bullishOB = close < open and close < open and close > open and volume > volumeMA * 1.5 obHigh = high obLow = low // Bearish Order Block // Two consecutive bullish candles + strong bearish candle with high volume bearishOB = close > open and close > open and close < open and volume > volumeMA * 1.5 Order Block characteristics: Last opposite-direction move before strong impulse Represents institutional accumulation (bullish OB) or distribution (bearish OB) Often provides support/resistance on retests Volume confirmation ensures institutional participation Stronger OBs have larger candles and higher volume The indicator draws solid boxes for Order Blocks and tracks their strength based on volume and candle size. Timeframe-adaptive filtering ensures only significant OBs are displayed. 3. Breaker Block Detection Breaker Blocks are failed Order Blocks that signal potential reversals: // Track last bullish and bearish Order Block levels var float lastBullOBHigh = na var float lastBearOBLow = na if bullishOB lastBullOBHigh := high if bearishOB lastBearOBLow := low // Breaker Bull: Price breaks above failed bearish OB breakerBull = not na(lastBearOBLow) and close > lastBearOBLow and close <= lastBearOBLow // Breaker Bear: Price breaks below failed bullish OB breakerBear = not na(lastBullOBHigh) and close < lastBullOBHigh and close >= lastBullOBHigh Breaker Block significance: Failed Order Blocks often become strong support/resistance in opposite direction Indicate institutional position reversal High-probability reversal zones when combined with other SMC signals Often mark major trend changes The indicator marks Breaker Blocks with "BB" labels and tracks them as potential reversal zones. 4. Liquidity Sweep Analysis Liquidity Sweeps identify stop hunts before real moves: lookbackBars = 20 // Recent highs and lows (liquidity pools) recentHigh = ta.highest(high, lookbackBars) recentLow = ta.lowest(low, lookbackBars) // Liquidity Sweep High (stop hunt above recent high) liquiditySweepHigh = high > recentHigh and close < recentHigh and volume > volumeMA * 1.5 // Liquidity Sweep Low (stop hunt below recent low) liquiditySweepLow = low < recentLow and close > recentLow and volume > volumeMA * 1.5 // Strong sweeps have higher volume strongSweep = volume > volumeMA * 2.5 Liquidity Sweep characteristics: Price briefly exceeds recent high/low to trigger stops Closes back inside range - "fake breakout" High volume confirms institutional participation Often precedes strong moves in opposite direction "Strong" sweeps (very high volume) are more reliable The indicator places "LIQ" and "STRONG LIQ" labels precisely at sweep tips (above bars for high sweeps, below bars for low sweeps) with timeframe-adaptive spacing to prevent overlap. 5. Market Structure Analysis Market structure tracks control shifts between buyers and sellers: // Break of Structure (BOS) // Price breaks beyond previous swing high/low in trend direction bullishBOS = close > ta.highest(high , 20) and trend == bullish bearishBOS = close < ta.lowest(low , 20) and trend == bearish // Change of Character (CHoCH) // Price breaks structure against trend - potential reversal bullishCHoCH = close > ta.highest(high , 20) and trend == bearish bearishCHoCH = close < ta.lowest(low , 20) and trend == bullish Market Structure significance: BOS confirms trend continuation CHoCH signals potential trend reversal Helps identify when institutional control shifts Provides context for other SMC signals The indicator marks BOS and CHoCH with labels and uses them to determine overall market bias. 6. Displacement Detection Displacement identifies strong institutional moves: atr = ta.atr(14) // Displacement: Large candle (> 2x ATR) with climax volume displacement = math.abs(close - open) > atr * 2 and volume > volumeMA * 3.0 bullishDisplacement = displacement and close > open bearishDisplacement = displacement and close < open Displacement characteristics: Very large candles relative to ATR Climax volume (> 3x average) Indicates strong institutional directional intent Often creates FVGs Signals potential trend acceleration The indicator marks displacement with "DISP" labels and uses them to identify high-conviction institutional moves. Example showing all SMC concepts: FVGs, Order Blocks, Breaker Blocks, and liquidity sweeps Timeframe-Adaptive System The indicator automatically adjusts based on timeframe to prevent clutter: // Higher timeframes (2H+): Fewer boxes, larger minimum sizes if timeframe >= 120 minutes: maxFVGs = 12 maxOBs = 10 minFVGSize = 0.5% minOBSize = 0.8% labelSpacing = 15 bars // Medium timeframes (1H): Moderate filtering else if timeframe >= 60 minutes: maxFVGs = 15 maxOBs = 12 minFVGSize = 0.4% minOBSize = 0.6% labelSpacing = 12 bars // Lower timeframes (15M): More boxes, smaller minimum sizes else: maxFVGs = 20-25 maxOBs = 15-20 minFVGSize = 0.3% minOBSize = 0.4% labelSpacing = 8-10 bars This ensures the indicator remains useful across all timeframes without overwhelming the chart. SMC Confluence Dashboard The dashboard (top-right position) displays: Market Bias: Bullish/Bearish/Neutral based on structure Active FVGs: Count of unfilled Fair Value Gaps Active OBs: Count of untested Order Blocks Recent Sweeps: Liquidity sweeps in last 50 bars Structure: Last BOS or CHoCH type Displacement: Recent displacement direction SMC Score: Overall confluence (0-10) SMC Score calculation: SMC Score Components: - Significant FVG present: +2 points - Strong Order Block present: +2 points - Breaker Block active: +1 point - Recent liquidity sweep: +2 points - Displacement in direction: +3 points Total: 0-10 points Visual Elements FVG Boxes: Green (bullish) and red (bearish) boxes, removed when mitigated Order Block Boxes: Solid green/red boxes with strength-based transparency Breaker Block Labels: "BB" markers at breaker zones Liquidity Sweep Labels: "LIQ" and "STRONG LIQ" at sweep tips Displacement Labels: "DISP" markers on displacement candles Structure Labels: "BOS" and "CHoCH" at structure breaks Mitigation Markers: Small circles when FVGs get filled Dashboard: Top-right table with SMC metrics How Components Work Together The mashup reveals institutional trading sequences: Sequence 1 - Accumulation: 1. Liquidity Sweep triggers retail stops 2. Order Block forms as institutions accumulate 3. Displacement occurs as institutions push price 4. FVG created during fast move 5. BOS confirms trend direction Sequence 2 - Reversal: 1. Multiple liquidity sweeps fail to extend trend 2. Order Block fails, becomes Breaker Block 3. CHoCH signals control shift 4. Opposite-direction displacement 5. New trend structure forms Example: Price sweeps below recent lows (liquidity sweep), then strongly reverses with high volume (displacement), leaving a bullish FVG. A bullish Order Block forms at the reversal zone. Price breaks above previous structure (BOS). SMC Score reaches 9/10, signaling strong bullish institutional setup. Input Parameters FVG Settings: Show FVGs: Toggle FVG boxes (default: enabled) Min FVG Size: Minimum gap size % (default: 0.3%) Max FVG Boxes: Limit displayed boxes (default: timeframe-adaptive) Show Mitigation: Mark when FVGs get filled (default: enabled) Order Block Settings: Show Order Blocks: Toggle OB boxes (default: enabled) Min OB Strength: Minimum volume multiplier (default: 1.5x) Max OB Boxes: Limit displayed boxes (default: timeframe-adaptive) OB Lookback: Bars to track OBs (default: 100) Liquidity Settings: Show Liquidity Sweeps: Toggle sweep labels (default: enabled) Lookback Bars: Period for liquidity pools (default: 20) Strong Sweep Threshold: Volume multiplier (default: 2.5x) Label Spacing: Minimum bars between labels (default: timeframe-adaptive) Structure Settings: Show Structure: Toggle BOS/CHoCH labels (default: enabled) Show Breaker Blocks: Toggle BB labels (default: enabled) Show Displacement: Toggle DISP labels (default: enabled) Structure Sensitivity: Swing detection period (default: 20) Display Options: Show Dashboard: Toggle SMC dashboard (default: enabled) Timeframe Adaptive: Auto-adjust limits (default: enabled) Remove Extensions: Don't extend boxes right (default: enabled) Color Theme: Choose color scheme How to Use This Indicator Step 1: Identify Market Structure Check for recent BOS or CHoCH. BOS suggests trend continuation, CHoCH suggests potential reversal. Step 2: Look for Liquidity Sweeps Liquidity sweeps often precede strong moves in opposite direction. "STRONG LIQ" sweeps are particularly significant. Step 3: Identify Order Blocks Look for Order Blocks in the direction of intended trade. OBs often provide high-probability entry zones on retests. Step 4: Check for FVGs Unfilled FVGs act as magnets - price often returns to fill them. Can be used for entry targets or profit-taking zones. Step 5: Watch for Displacement Displacement signals strong institutional intent. When displacement occurs from an Order Block, it confirms the zone's validity. Step 6: Monitor Breaker Blocks Failed Order Blocks (Breaker Blocks) often mark major reversals. These are high-probability reversal zones. Step 7: Review SMC Score Check dashboard SMC Score. Scores above 7 indicate strong institutional confluence. Best Practices Use on 15-minute to 4-hour timeframes for optimal SMC signal quality Liquidity sweeps followed by displacement are extremely high-probability setups Order Block retests with FVG confluence provide excellent risk:reward entries Wait for price to return to Order Blocks rather than chasing displacement Multiple unfilled FVGs in same direction suggest strong institutional intent Breaker Blocks combined with CHoCH signal major trend reversals Higher timeframe SMC signals are more reliable than lower timeframe Use SMC Score as filter - focus on setups with 7+ score Combine with traditional support/resistance for additional confirmation Indicator Limitations Not all FVGs get filled - some remain unfilled in strong trends Order Blocks don't always provide support/resistance on retest Liquidity sweeps can be followed by additional sweeps (multiple stop hunts) Timeframe-adaptive filtering may hide some valid signals Requires understanding of Smart Money Concepts for effective use Visual elements can clutter chart even with adaptive limits SMC concepts work best in trending markets, less effective in ranges Institutional behavior patterns can change over time No SMC system eliminates false signals entirely Technical Implementation Built with Pine Script v6 using: Box management system with automatic cleanup Timeframe-adaptive limits and filtering Anti-overlap logic for all labels with dynamic spacing FVG mitigation tracking with visual markers Order Block strength calculation based on volume and size Liquidity pool identification with sweep detection Market structure tracking with BOS/CHoCH logic Displacement detection using ATR and volume Real-time SMC confluence scoring Comprehensive dashboard with all SMC metrics The code is fully open-source and can be modified to adjust thresholds, visual preferences, and filtering criteria. Originality Statement This indicator is original in its comprehensive SMC integration approach. While individual concepts (FVG, Order Blocks, Breaker Blocks, Liquidity Sweeps, Market Structure, Displacement) are established Smart Money Concepts, this mashup is justified because: It tracks all major SMC concepts simultaneously in one indicator Timeframe-adaptive system prevents clutter while maintaining functionality Anti-overlap logic ensures clean visual presentation SMC confluence scoring quantifies institutional setup quality Integration reveals complete institutional trading sequences Enhanced visual elements (precise label positioning, mitigation markers) improve usability Each SMC concept reveals different institutional behavior: FVGs show fast moves, Order Blocks show accumulation, Breaker Blocks show failed accumulation, Liquidity Sweeps show stop hunts, Market Structure shows control shifts, and Displacement shows strong intent. The mashup's value lies in presenting these complementary institutional footprints simultaneously, allowing traders to identify complete institutional trading sequences rather than isolated signals. Disclaimer This indicator is provided for educational and informational purposes only. It is not financial advice or a recommendation to buy or sell any financial instrument. Trading involves substantial risk of loss and is not suitable for all investors. Smart Money Concepts are analytical frameworks based on observations of institutional trading patterns. They do not guarantee that institutions are actually trading at identified zones, nor do they predict future institutional behavior. Market conditions change, and patterns that worked historically may not work in the future. The SMC Score is a mathematical calculation based on current market structure, not a prediction of future price movement. High SMC scores do not ensure profitable trades. Order Blocks, FVGs, and other SMC zones can fail to provide support/resistance. Liquidity sweeps can be followed by additional sweeps. Always use proper risk management, including stop losses and position sizing appropriate for your account size and risk tolerance. Never risk more than you can afford to lose. Consider consulting with a qualified financial advisor before making investment decisions. The author is not responsible for any losses incurred from using this indicator. Users assume full responsibility for all trading decisions made using this tool. -Made with passion by officialjackofalltrades
Chỉ báo Pine Script®
của officialjackofalltrades
ICT Unicorn Model [Kodexius]ICT Unicorn Model is a market structure and imbalance confluence tool that automatically detects high probability “Unicorn” setups by combining three key elements into a single, clean script: -A first, clean break of that swing level (displacement style break) -A Fair Value Gap that overlaps a breaker candle body range Instead of plotting every pivot or every imbalance independently, the script waits for a specific sequence: price establishes a valid swing, breaks that swing for the first time, and prints a setup only when the resulting context aligns with a valid, volatility filtered FVG and a clearly defined breaker range. Each detected setup is drawn directly on the chart with labeled zones (Breaker and FVG) and is then actively monitored. If price violates the breaker boundary based on your chosen invalidation basis (Close or Wick), the setup is marked inactive and can optionally be removed to keep the chart clean. This indicator is designed for traders who work with ICT style concepts such as liquidity runs, displacement, breaker blocks, and imbalance reversion, and who want a structured, rules based visualization rather than discretionary drawing. 🔹 Features 🔸 Fair Value Gap Detection With Volatility Filtering Bullish and bearish FVGs are detected using classic three candle imbalance logic. To avoid low quality gaps during compression, the script applies an ATR based minimum size filter using the “FVG Min Size (ATR Multiplier)” input. Only gaps larger than ATR * threshold are considered valid. 🔸 First Break Validation (Clean Break Logic) A key part of the model is identifying a “first break” of a swing level. The script checks whether the swing price has already been invalidated between the swing bar and the current bar. If it has, the swing is ignored. This helps reduce repeated signals and focuses on fresh structural breaks. 🔸 Breaker and FVG Confluence With Overlap Requirement After a valid break occurs, the script defines a breaker range using the body of the swing candle (open and close). A setup is only created if this breaker body range overlaps the detected FVG price range. This overlap requirement is what filters many “almost” conditions and keeps signals more selective. Bullish Unicorn: Bearish Unicorn: 🔸 Configurable Invalidation Basis (Close or Wick) You can choose how a setup fails: -Close: invalidation requires a candle close beyond the breaker boundary -Wick: invalidation occurs as soon as any wick crosses beyond the breaker boundary This allows the tool to adapt to different trading styles, from conservative confirmation to more sensitive risk control. 🔸 Automatic Cleanup of Failed Setups If “Delete Invalidated Setups” is enabled, the script removes the breaker box, FVG box, and label as soon as the setup is invalidated. If disabled, the zones remain visible for review while the setup is marked inactive internally. 🔸 Clear Chart Visuals Each setup plots: -A labeled Breaker zone box -A labeled FVG zone box -A directional Unicorn label (Bull or Bear) that updates position as the chart advances Colors for bullish and bearish structures are fully configurable. 🔸 Alert Conditions Two alert conditions are provided: -Bullish Unicorn Setup Detected -Bearish Unicorn Setup Detected Alerts trigger only on the bar a new setup is created. 🔹 Calculations This section summarizes the main computations used internally. The goal here is to explain the model mechanics rather than reproduce every implementation detail. 1. Swing Detection (Pivot High / Pivot Low) Swing levels are detected using a symmetric pivot definition with “Swing Length” bars on both sides: float ph = ta.pivothigh(high, swingLength, swingLength) float pl = ta.pivotlow(low, swingLength, swingLength) When a pivot is confirmed, its price and originating bar index are stored: -Swing High: price = pivot high, isHigh = true -Swing Low: price = pivot low, isHigh = false The script keeps a limited history (most recent swings) to stay efficient. 2. Fair Value Gap Detection FVGs use the classic three candle displacement imbalance: Bullish FVG condition bool isBullFVG = high < low Bullish gap range is defined as: -Top = low -Bottom = high Bearish FVG condition bool isBearFVG = low > high Bearish gap range is defined as: -Top = low -Bottom = high 3. ATR Based Minimum Gap Filter ATR is computed (length 14), then the gap size is compared against a user threshold: float atr = ta.atr(14) bool validBullFVG = isBullFVG and (bullFvgTop - bullFvgBot) > (atr * fvgThreshold) bool validBearFVG = isBearFVG and (bearFvgTop - bearFvgBot) > (atr * fvgThreshold) This prevents very small imbalances from generating setups in low volatility conditions. 4. “First Break” Check Using Level Invalidation Scan Before accepting a swing break, the script scans forward from the swing bar to the current bar to confirm the level has not already been breached. The scan can be based on wick or close: -Wick mode: uses high or low -Close mode: uses close Conceptually: priceToCheck = mode == "Wick" ? (checkBelow ? low : high) : close If a prior breach is found, the swing is treated as already invalidated and is ignored for setup creation. 5. Break Of Structure Condition Bullish break requirement A bullish setup requires breaking a stored swing high with bullish body intent: -close > swingHighPrice -open < close Bearish break requirement A bearish setup requires breaking a stored swing low with bearish body intent: -close < swingLowPrice -open > close An additional proximity filter is applied in the bearish branch to reduce weak or overly extended breaks by requiring the prior close to be reasonably near the swing level. 6. Breaker Range Construction Once a qualifying swing is found, the breaker range is derived from the body of the swing candle (the candle at the swing bar index). The body boundaries are: float breakerTop = math.max(bOpen, bClose) float breakerBot = math.min(bOpen, bClose) This models the breaker as the candle body range rather than full wick range, which typically produces more practical invalidation boundaries. 7. Overlap Test Between Breaker and FVG A setup is only created if the breaker body overlaps the FVG zone. Conceptually the script rejects cases where one range is fully above or fully below the other: -If there is no overlap, no setup is created -If overlap exists, the Unicorn setup is valid 8. Active Monitoring and Invalidation Each setup remains active until invalidated. Invalidation is evaluated every bar using your selected basis: -Close basis: compares close to breaker boundary -Wick basis: compares high or low to breaker boundary Bullish invalidation Setup fails if price crosses below breaker bottom. Bearish invalidation Setup fails if price crosses above breaker top. If deletion is enabled, all drawings related to that setup are removed immediately on invalidation. 9. Drawing Updates and Object Lifecycle Breaker and FVG boxes are extended to the right while the setup is active to keep zones visible into the near future. The Unicorn label is also repositioned as new bars print so the most recent context stays readable.
Chỉ báo Pine Script®
của UnknownUnicorn113699460
ICT Breakers (BOS / MSS - Market Structure) [ICTProTools]The Breakers (Market Structure) indicator is designed to help traders identify true breaker structures , a key concept in Inner Circle Trader (ICT) methodology. In market structure, Breakers represent powerful shifts where a key high or low is broken, leading to a reversal in market direction. Most tools misinterpret structure shifts, using internal structure , leading to fake breakouts. This tool solves that problem by filtering out false signals , providing clear & structured insights , all with multi-timeframe compatibility. 💎 Key Features ⚡️ Breakers in action The indicator shows the structure following ICT instructions. A breaker is defined by two lines: The first line confirms the previous trend (it could be interpreted as a BOS). The second line highlights the moment price breaks structure (with candle body or wick based on your chosen settings), signaling a shift in trend direction (like an MSS). Furthermore, it’s important to note that a breaker not only shows the structure, but also defines a potential Point of Interest (POI), an area where price may retrace before continuing its trend. Here, we can observe two clear structure shifts. On the far left, the market was in a bearish trend, illustrated by the first visible (dotted and red) line. Shortly after, the second (solid and green) line appears, showing a break that initiates a new bullish trend. This upward movement continues, with the last confirmation marked by a top structure line. And finally, the structure is broken once again indicating a transition back into a bearish trend. 💪 Real Structure with True Highs / Lows Unlike many indicators that detect internal breakouts , this tool follows ICT’s true market structure rules . In a bearish trend , a bullish breaker is only confirmed when the high that created the low is broken , and conversely for a bullish scenario. Fake breakouts are ignored, preventing misleading signals. In the image above, the white breakout is correctly ignored by the indicator, as it doesn't align with ICT’s structural rules. That white high is simply part of the internal structure, not the true swing point. Instead, the green line highlights the key level that truly matters, the one whose rupture would have confirmed a real change in market structure. 🔔 Smart Alerts for Structure Updates Stay one step ahead with customizable alerts designed to notify you instantly when market structure changes occur. Get notified for BOS (Continuation) and / or MSS (Breaker) events. Set alerts for bullish , bearish , or both directions. Choose between once or repeated alerts , based on your strategy. This feature allows traders to remain focused and reactive , even when monitoring multiple markets. In the alert settings, select which structure shifts you want to be notified of. Whether you're a scalper or a swing trader, the alerts keep you connected to key moments without needing to constantly monitor the chart. ⏳ Multi-Timeframe Structure All features of the indicator are fully compatible with higher timeframes . Get a broader view of market structure without switching timeframes. Monitor higher timeframe structures and receive alerts, all without leaving your analysis chart . In this example, the market structure of the 30m timeframe is displayed while on a 5m chart, providing a clearer perspective. ✨ Customization & User Control Make it yours! The indicator allows full customization: Swing bars (to confirm high / low) Select your mode for Breakers (MSS) , using the candle body only or body / wick Line style (type, width, color) Choice of displayed timeframe Activate any alert , with the frequency you want 🎯 Conclusion ✅ Avoid false signals by focusing on true ICT Breakers ✅ Smart alerts to never miss a structural shift ✅ Multi-timeframe support for enhanced analysis ✅ Clean & professional design for an optimal trading experience
Chỉ báo Pine Script®
của Chartlix
5
Breaker Blocks + Order Blocks confirm [TradingFinder] BBOB Alert🔵 Introduction In the realm of technical analysis, various tools and concepts are employed to identify key levels on price charts. These tools assist traders in analyzing market trends with greater precision, enabling them to optimize their trading decisions. Among these tools, the Order Block and Breaker Block hold a significant place, serving as effective instruments for analyzing market structure. 🟣 Order Block An Order Block refers to zones on a chart where large financial institutions and high-volume traders place their orders. Due to the substantial volume of buy or sell orders in these areas, they are often regarded as pivotal points for potential price reversals or temporary pauses in a trend. Order Blocks are particularly crucial when prices react to these zones after a strong market move, acting as strong support or resistance levels. 🟣 Breaker Block On the other hand, a Breaker Block refers to areas on a chart that previously functioned as Order Blocks but where the price has managed to break through and continue in the opposite direction. These zones are typically recognized as key points where market trends might shift, helping traders identify potential reversal points in the market. 🟣 Overlapping Block (BBOB) Now, imagine a scenario where these two essential concepts in technical analysis—Order Blocks and Breaker Blocks—overlap on a chart. Although this overlap is not specifically discussed within the ICT (Inner Circle Trader) trading framework, exploring and utilizing this overlap can provide traders with powerful insights into strong support and resistance zones. The combination of these two robust concepts can highlight critical areas in trading, potentially offering significant advantages in making informed trading decisions. In this article, we will delve into the concept of this overlap, explaining how to utilize it in trading strategies. Additionally, we will analyze the potential outcomes and benefits of incorporating this concept into your trading decisions. Bullish Overlapping Block (BBOB) : Bearish Overlapping Block (BBOB) : 🔵 How to Use The overlap between Order Blocks and Breaker Blocks is a compelling and powerful concept that can help traders identify key levels on the chart with a high probability of success. This overlap is particularly valuable because it combines two well-regarded concepts in technical analysis—zones of high order volume and critical market shifts. 🟣 Here’s how to effectively use this overlap in your trading 1. Dentifying the Overlapping Block : To make the most of the overlap between Order Blocks and Breaker Blocks, begin by identifying these zones separately. Order Blocks are areas where price typically reacts and reverses after a strong market move. Breaker Blocks are areas where a previous Order Block has been breached, and the price continues in the opposite direction. When these two zones overlap on a chart, it’s crucial to pay close attention to this area, as it represents a high-probability reaction zone. 2. Analyzing the Overlapping Block : After identifying the overlap zone, carefully analyze price action within this region. Candlestick patterns and price behavior can provide essential clues. If the price reaches this overlap zone and strong reversal patterns such as Pin Bars or Engulfing patterns are observed, it’s likely that this zone will act as a pivotal reversal point. In such cases, entering a trade with confidence becomes more feasible. 3. Entering the Trade : When sufficient signs of price reaction are present in the overlap zone, you can proceed to enter the trade. If the overlap zone is within an uptrend and bullish reversal signals are evident, a long position might be appropriate. Conversely, if the overlap zone is in a downtrend and bearish reversal signals are observed, a short position would be more suitable. 4. Risk Management : One of the most critical aspects of trading in overlap zones is managing risk. To protect your capital, place your stop loss near the lowest point of the Order Block (for buy trades) or the highest point (for sell trades). This approach minimizes potential losses if the overlap zone fails to hold. 5. Price Targets : After entering the trade, set your price targets based on other key levels on the chart. These targets could include other support and resistance zones, Fibonacci levels, or pivot points. Bullish Overlapping Block : Bearish Overlapping Block : 🟣 Benefits of the Overlapping Block Between Order Block and Breaker Block 1. Enhanced Precision in Identifying Key Levels : The overlap between these two zones usually acts as a highly reliable area for price reactions, increasing the accuracy of identifying entry and exit points. 2. Reduced Trading Risk : Given the high importance of the overlap zone, the likelihood of making incorrect decisions is reduced, contributing to overall lower trading risk. 3. Increased Probability of Success : The overlap between Order Blocks and Breaker Blocks combines two powerful concepts, enhancing the likelihood of success in trades, as multiple indicators confirm the importance of the area. 4. Creation of Better Trading Opportunities : Overlap zones often provide traders with more robust trading opportunities, as these areas typically represent strong reversal points in the market. 5. Compatibility with Other Technical Tools : This concept seamlessly integrates with other technical analysis tools such as Fibonacci retracements, trend lines, and chart patterns, offering a more comprehensive market analysis. 🔵 Setting 🟣 Global Setting Pivot Period of Order Blocks Detector : Enter the desired pivot period to identify the Order Block. Order Block Validity Period (Bar) : You can specify the maximum time the Order Block remains valid based on the number of candles from the origin. Mitigation Level Order Block : Determining the basic level of a Order Block. When the price hits the basic level, the Order Block due to mitigation. Mitigation Level Breaker Block : Determining the basic level of a Breaker Block. When the price hits the basic level, the Breaker Block due to mitigation. Mitigation Level Overlapping Block : Determining the basic level of a Overlapping Block. When the price hits the basic level, the Overlapping Block due to mitigation. 🟣 Overlapping Block Display Show All Overlapping Block : If it is turned off, only the last Order Block will be displayed. Demand Overlapping Block : Show or not show and specify color. Supply Overlapping Block : Show or not show and specify color. 🟣 Order Block Display Show All Order Block : If it is turned off, only the last Order Block will be displayed. Demand Main Order Block : Show or not show and specify color. Demand Sub (Propulsion & BoS Origin) Order Block : Show or not show and specify color. Supply Main Order Block : Show or not show and specify color. Supply Sub (Propulsion & BoS Origin) Order Block : Show or not show and specify color. 🟣 Breaker Block Display Show All Breaker Block : If it is turned off, only the last Breaker Block will be displayed. Demand Main Breaker Block : Show or not show and specify color. Demand Sub (Propulsion & BoS Origin) Breaker Block : Show or not show and specify color. Supply Main Breaker Block : Show or not show and specify color. Supply Sub (Propulsion & BoS Origin) Breaker Block : Show or not show and specify color. 🟣 Order Block Refinement Refine Order Blocks : Enable or disable the refinement feature. Mode selection. 🟣 Alert Alert Name : The name of the alert you receive. Alert Overlapping Block Mitigation : On / Off Message Frequency : This string parameter defines the announcement frequency. Choices include: "All" (activates the alert every time the function is called), "Once Per Bar" (activates the alert only on the first call within the bar), and "Once Per Bar Close" (the alert is activated only by a call at the last script execution of the real-time bar upon closing). The default setting is "Once per Bar". Show Alert Time by Time Zone : The date, hour, and minute you receive in alert messages can be based on any time zone you choose. For example, if you want New York time, you should enter "UTC-4". This input is set to the time zone "UTC" by default. 🔵 Conclusion The overlap between Order Blocks and Breaker Blocks represents a critical and powerful area in technical analysis that can serve as an effective tool for determining entry and exit points in trading. These zones, due to the combination of two key concepts in technical analysis, hold significant importance and can help traders make more confident trading decisions. Although this concept is not specifically discussed in the ICT framework and is introduced as a new idea, traders can achieve better results in their trades through practice and testing. Utilizing the overlap between Order Blocks and Breaker Blocks, in conjunction with other technical analysis tools, can significantly improve the chances of success in trading.
Chỉ báo Pine Script®
của TradingFinder
9
Order Blocks & Breaker Blocks [TradingFinder] Signals + Alerts🔵 Introduction Order Block and Breaker Block, are powerful tools in technical analysis. By understanding these concepts, traders can enhance their ability to predict potential price reversals and continuations, leading to more effective trading strategies. Using historical price action, volume analysis, and candlestick patterns, traders can identify key areas where institutional activities influence market movements. 🟣 Demand Order Block and Supply Breaker Block Demand Order Block : A Demand Order Block is formed when the price succeeds in breaking the previous high pivot. Supply Breaker Block : A Supply Breaker Block is formed when the price succeeds in breaking the Demand Order Block. As a result, the Order Block changes its role and turns from the role of price support to resistance. 🟣 Supply Order Block and Demand Breaker Block Supply Order Block : A Supply Order Block is formed when the price succeeds in breaking the previous low pivot. Demand Breaker Block : A Demand Breaker Block is formed when the price succeeds in breaking the Supply Order Block. As a result, the Order Block changes its role and turns from the role of price resistance to support. 🔵 How to Use 🟣 Order Blocks (Supply and Demand) Order blocks are zones where the likelihood of a price reversal is higher. In demand zones, buying opportunities arise, while in supply zones, selling opportunities can be explored. The "Refinement" feature allows you to adjust the width of the order block to fit your trading strategy. There are two modes in the "Order Block Refine" feature: "Aggressive" and "Defensive." The primary difference between these modes is the width of the order block. For risk-averse traders, the "Defensive" mode is ideal as it offers a lower loss limit and a higher reward-to-risk ratio. Conversely, for traders who are willing to take more risks, the "Aggressive" mode is more suitable. This mode, with its wider order block width, caters to those who prefer entering trades at higher prices. 🟣 Breaker Blocks (Supply and Demand) Trading based on breaker blocks is the same as order blocks and the price in these zones is likely to be reversed. 🔵 Setting 🟣 Global Setting Pivot Period of Order Blocks Detector : Enter the desired pivot period to identify the Order Block. Order Block Validity Period (Bar) : You can specify the maximum time the Order Block remains valid based on the number of candles from the origin. Mitigation Level Order Block : Determining the basic level of a Order Block. When the price hits the basic level, the Order Block due to mitigation. Mitigation Level Breaker Block : Determining the basic level of a Breaker Block. When the price hits the basic level, the Breaker Block due to mitigation. Switching Colors Theme Mode : Three modes "Off", "Light" and "Dark" are included in this parameter. "Light" mode is for color adjustment for use in "Light Mode". "Dark" mode is for color adjustment for use in "Dark Mode" and "Off" mode turns off the color adjustment function and the input color to the function is the same as the output color. 🟣 Order Block Display Show All Order Block : If it is turned off, only the last Order Block will be displayed. Demand Main Order Block : Show or not show and specify color. Demand Sub (Propulsion & BoS Origin) Order Block : Show or not show and specify color. Supply Main Order Block : Show or not show and specify color. Supply Sub (Propulsion & BoS Origin) Order Block : Show or not show and specify color. 🟣 Breaker Block Display Show All Breaker Block : If it is turned off, only the last Breaker Block will be displayed. Demand Main Breaker Block : Show or not show and specify color. Demand Sub (Propulsion & BoS Origin) Breaker Block : Show or not show and specify color. Supply Main Breaker Block : Show or not show and specify color. Supply Sub (Propulsion & BoS Origin) Breaker Block : Show or not show and specify color. 🟣 Order Block Refinement Refine Order Blocks : Enable or disable the refinement feature. Mode selection. 🟣 Alert Alert Name : The name of the alert you receive. Alert Demand OB Mitigation : On / Off Alert Demand BB Mitigation : On / Off Alert Supply OB Mitigation : On / Off Alert Supply BB Mitigation : On / Off Message Frequency : This string parameter defines the announcement frequency. Choices include: "All" (activates the alert every time the function is called), "Once Per Bar" (activates the alert only on the first call within the bar), and "Once Per Bar Close" (the alert is activated only by a call at the last script execution of the real-time bar upon closing). The default setting is "Once per Bar". Show Alert Time by Time Zone : The date, hour, and minute you receive in alert messages can be based on any time zone you choose. For example, if you want New York time, you should enter "UTC-4". This input is set to the time zone "UTC" by default. Display More Info : Displays information about the price range of the order blocks (Zone Price) and the date, hour, and minute under "Display More Info". If you do not want this information to appear in the received message along with the alert, you should set it to "Off".
Chỉ báo Pine Script®
của TradingFinder
10
Market Structure (Breakers) [LuxAlgo]The Market Structure (Breakers) indicator aims to detect "Breaker Market Structures", an original concept inspired by breaker blocks, and extend on the original concept of market structures by extending existing MS levels, providing supports/resistances as a result. Various graphical elements are included that highlight the interactions between price and Breaker structures. 🔶 USAGE Breaker structures occur when a market structure is confirmed (price breaking a previous swing level). The broken swing point is extended by a dotted line which can be used as potential support or resistance. After a market structure, the price can eventually reverse and break one or multiple breaker structures at the same time, allowing for the detection of new trends in the price. A market structure closer to the top/bottom of a trend can return Breaker structures breakouts more indicative of potential reversals. Breakers MS breakouts can also be useful as exits for entries done using market market structures. The script additionally highlights support/resistance events by highlighting candle borders, with a border using a green color indicating support events while a red color is indicative of a resistance event. 🔹 Breaker Structure Lifespan The "lifespan" of Breaker structures, that is the amount of time the script will extend/evaluate them is determined by various user settings. The Maximum Breaks setting determines the maximum amount of breaks a breaker structure can withstand before it is broken. For example, a maximum amount of breaks of 3 for a bearish breaker structure would require the price to cross under that precise breaker structure level three times. Using higher values of this setting will also highlight more Breakers MS. The Breaker Maximum Duration setting on the other hand determines how many bars a breaker structure can be evaluated without being broken. If a breaker structure is not broken after this amount of bars then it will stop being evaluated and will be removed. 🔶 SETTINGS Swings Period: Period used for the swing detection, with higher values returning longer term markter structures. Maximum Breaks: Amount of break required for a breaker block to be considered broken. Breaker Maximum Duration: Maximum duration of a breaker block (in bars).
Chỉ báo Pine Script®
của LuxAlgo
14
Order Blocks & Breaker Blocks [LuxAlgo]The Order Blocks & Breaker Blocks indicator detects order blocks that can be turned into breaker blocks on the chart automatically once mitigated. Users can determine the amount of bullish and bearish order/breaker blocks that display on their chart from within the settings menu. 🔶 SETTINGS Swing Lookback: Lookback period used for the detection of the swing points used to create order blocks. Show Last Bullish OB: Number of the most recent bullish order/breaker blocks to display on the chart. Show Last Bearish OB: Number of the most recent bearish order/breaker blocks to display on the chart. Use Candle Body: Allows users to use candle bodies as order block areas instead of the full candle range. 🔹 Style Show Historical Polarity Changes: Allows users to see labels indicating where a swing high/low previously occurred within a breaker block. 🔶 USAGE We have published several scripts covering the detection of order blocks previously, however, the concept of breaker blocks was not yet introduced. When price mitigates an order block, a breaker block is confirmed. We can eventually expect price to trade back to this breaker block offering a new trade opportunity. We can see that this is similar to a change in polarity, where a support becomes a resistance after a breakout and vice versa. This script highlights regular order blocks as solid extended areas on the chart and breaker blocks as dashed lines with dual-colored areas. The color change and dashed line starts at the location where the order block was mitigated. Using a higher "Swing Lookback" setting will return longer term order/breaker blocks on the chart. Users can optionally enable "Historical Polarity Changes" labels within the settings menu to see where breaker blocks might have provided an effective trade setup previously. The "Historical Polarity Changes" setting is disabled by default & is most effective using replay mode as the labels are backpainted. The order blocks & breaker blocks themselves can be used in real-time as they are detected based on the swing length & previous breaker blocks being mitigated.
Chỉ báo Pine Script®
của LuxAlgo
118
[blackcat] L2 Intraday R-Breaker IndicatorLevel: 2 Background The famous R-Breaker is a short-term intraday trading strategy that combines trend and reversal trading methods. Function -1) When the intraday highest price exceeds the observed selling price, and the intraday price drops and further breaks below the support line constituted by the reverse selling price, a reversal strategy is adopted, that is, at this point (backhand, open position) ) Short; -2) When the intraday lowest price is lower than the observed purchase price, and the intraday price rebounds and further exceeds the resistance line constituted by the reverse purchase price, a reversal strategy is adopted, that is, at this point (backhand, open position) ) Long; -3) In the case of a short position, if the intraday price exceeds the breakthrough buying price, a trend strategy is adopted, that is, open a long position at that point; -4) In the case of a short position, if the intraday price breaks below the selling price, a trend strategy is adopted, that is, open a short position at that point. Key Signal pivot --> pivot pionts reverse_sell_price --> pivot points,reverse selling prices: senter observe_sell_price --> bserve selling price: ssetup break_bid_price --> breakthrough bid price: bbreak1 reversal_bid_price --> reversal bid price: bbreak2 observe_buy_price --> observe buy price: bsetup break_sell_price --> break sell price: sbreak Remarks This is a Level 2 free and open source indicator. Feedbacks are appreciated.
Chỉ báo Pine Script®
của blackcat1402
3
Broken Fractal : Someone's broken dream is your profit!Idea The idea is simple : when market turns around, it traps a bunch of traders off guard. We trade with them, in the same direction of their exit! Method We let the market first create a fractal We then let the market create an opposite fractal We then let the market break the first fractal it created, thereby trapping lots of trades in the process We then patiently wait till the market gives these trapped traders a chance to exit - and we trade in the same direction How to use? Green boxes are for long entry, red boxes are for short. Whenever a box appears, that's the risk criteria - setup limit orders and trade along! Works on all timeframes If you like this script, please leave a note on how you are using it. I personally use it with Higher Timeframe bias. PS1 : some traders call this Break of market structure, some call it Breaker, I just call it "Broken Fractal" PS2 : Break of a broken fractal is also very potent. Watch out for those!
Chỉ báo Pine Script®
của makuchaku
28