PROTECTED SOURCE SCRIPT

Order Block Detector Macedo

41
English
This indicator automatically detects Order Blocks — zones where institutional players have previously acted. These areas behave as liquidity magnets, and price often revisits them before continuing its directional move.

After an OB is formed, the price tends to retrace between 90% and 50% of the previous leg before continuation. The most accurate entries occur when price returns to the origin, not when it breaks through.

When applied to assets with real volume data, analyze volume behavior as price approaches the OB:

For a bullish OB: if price approaches from above with strong selling volume, it’s often a bullish sign.

For a bearish OB: if price approaches from below with strong buying volume, it's usually a bearish signal.

A weak approach (low volume) in either case also suggests likely reversal.

Note: The cleaner and more untested the OB, the more likely price is to return and “clear” that liquidity zone.

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.