OPEN-SOURCE SCRIPT

OB Sweeps Reversal

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OB Sweeps Reversal is a high-precision market structure tool that identifies and dynamically tracks bullish and bearish order blocks — key zones where institutional participants are likely to be active. These zones act as support and resistance levels, adapting to market behavior in real time.

The script monitors price interaction with each OB and classifies its status as:

Unmitigated (price has not yet returned)

Mitigating (price is testing the zone)

Invalidated (zone has been broken)

Traders can use these zones directly as actionable support/resistance — or wait for additional confirmation via the system’s liquidity sweep detection and optional filters.

🔍 Key Features:
Automatically detects and plots bullish and bearish OBs

Tracks mitigation status and updates visuals accordingly

Detects liquidity sweeps of recent highs/lows

Optional filters:
   • 200 EMA trend direction
   • Momentum of current or previous candle

Plots stop-loss and take-profit lines using ATR-based logic

Clean entry labels with full contextual data

Built-in alert system with constant-string messages (automation ready)

📈 How to Use:
Load the script on any timeframe (15m–4H recommended)

Observe the live OB zones as they develop

Trade based on price interaction:
   • Bounce off a bullish OB = potential long setup
   • Rejection from a bearish OB = potential short
   • Sweep + snapback into an OB = optional trap reversal entry

SL/TP levels are drawn automatically for reference

Use alerts to automate or monitor high-conviction setups

The order blocks themselves are valuable on their own — even without waiting for a signal. They can be used as dynamic support and resistance zones, offering excellent structure-based trading opportunities.

🧠 Ideal For:
Traders who follow price action and market structure

Those using support/resistance, OBs, or supply/demand

Intraday and swing traders looking for cleaner structure alignment

Users who prefer low-frequency, high-quality setups

⚠️ Note:
This tool does not produce frequent signals. It is designed for precision and discipline, with a focus on clarity and confluence. It complements — not replaces — a trader’s decision-making process.

This script is open-source and designed with integrity, precision, and trader usability in mind. No links, no upsells, no promotions — just a reliable system for structural market analysis.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.