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Market Structure Break & Order Block by EmreKb

Di EmreKb
Aggiornato
This indicator shows the market structure break (msb) and order blocks (ob). Msb occurs after the breakout old high when the price make lower lows or occurs after the breakout old low when the price make higher highs. OB occurs after the msb, ob is the last bullish candle before high if msb is bearish but if the msb is bullish then ob is the last bearish candle before low.

Zigzag Lenght - A number for the zigzag calculation
Show Zigzag - Show/Hide Zigzag lines
Fib Factor - Fib level for the breakout confirmation. For example if new high larger than old high to low fib 1+fib_factor when the down trend then it's a breakout.
Note di rilascio
Added breaker and mitigation blocks. Breaker and mitigation blocks are the block in the low area formed before last high. Last bearish candle for bearish and last bullish candle for bullish are mitigation or breaker blocks.
Note di rilascio
Added display settings
Note di rilascio
Changed some default values
Note di rilascio
- Copy Paste bug fixed :)
- Added alert to msb
Note di rilascio
Some Bug Fixed
Note di rilascio
- The bug that caused the alarm delay has been fixed. (MSB)
- Added timeframe option. You can only select current timeframe or higher timeframe. Zigzag only shows in current timeframe.
Note di rilascio
  • Optional time zone selection feature has been removed.
  • An alarm triggering when the price touches the box has been added (It triggers for every candle!).
Note di rilascio
  • Delete old/broken boxes option added


Note: I'm working on new more accurate alert system (probably from telegram)
BEOBBUOBCandlestick analysisMSBOBorderblock

Script open-source

In pieno spirito TradingView, l'autore di questo script lo ha pubblicato open-source, in modo che i trader possano comprenderlo e verificarlo. Un saluto all'autore! È possibile utilizzarlo gratuitamente, ma il riutilizzo di questo codice in una pubblicazione è regolato dal nostro Regolamento. Per aggiungerlo al grafico, mettilo tra i preferiti.

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