The Breaker Blocks with Signals indicator aims to highlight a complete methodology based on breaker blocks. Breakout signals between the price and breaker blocks are highlighted and premium/discount swing levels are included to provide potential take profit/stop loss levels.
This script also includes alerts for each signal highlighted.
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.
Swing Lookback: Lookback period used for the detection of the...
This indicator utilizes “Smart Money Concepts” like liquidity, order blocks, premium & discount, and more to analyze price action.
What’s included in the initial release:
Premium / Discount
Market structure logic objectively identifies whether the current trend is...
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!
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
The AV Breaker uses a TDI to define sharkfins. You can set it up so it only
alert sharkfins at a specific level. Like 70/30 above/below. Or at anytime
it sharkfin the upper/lower band (Not using any level criteria.)
A breaker happens when an order block is taken out after a sharkfin setup.
This gives a HIGH probabillity reversal...
This is a script that lets you manually add in a "Zone" by top and bottom price, which I intended to use so I could "Save" or "Trace Over" lines from the Breakers/OrderBlock indicator. This is so you can take the same drawing across different time-frames and charts, and color-code them.
In the future I will be adding labels to the top and/or bottom of blocks...
today a new powerful indicator! Welcome to the great world of Breaker Blocks (BB) and Supply-Demand Order Blocks !
So what's the point? As always, the point is how to trade as safer as possible!
Breaker Blocks are price ranges where you simply have to wait for a pullback and sell-buy on its touch and price bounce, like in the screenshot...