FVG Order Blocks [BigBeluga]

The indicator works on various pairs and stocks, it also works on charts that do not provide volume data
Forex (JPY/USD):
Stocks (NVDA):
🔵 KEY FEATURES & USAGE
● FVGs Detection and Visualization:
The indicator detects bullish and bearish FVGs. Bullish FVG occur when there is significant buying, and order block is plotted below the FVG zone:
Conversely, bearish FVG are plotted with an order block above the zone, indicating potential resistance.
Traders can use these order blocks to anticipate price reactions when the market revisits these areas, making them ideal for setting up trades.
● FVG Filtering:
The indicator includes a FVG % filter that allows traders to only display strong order blocks. This ensures that only significant FVG order blocks are shown, reducing noise and focusing on the most impactful areas.
● Highlighting Broken Levels:
When an imbalance level is broken—either breached by price action or no longer relevant—the indicator can either delete the level or mark it with a gray color areas. This provides a clear visual cue that the level has been compromised, allowing traders to adjust their strategies accordingly.
● Order Blocks Signals:
When price retest the blocks, indicator display potential sell or buy signals. Which can be an opportunity for trades
🔵 CUSTOMIZATION
● FVG Filter:
Adjust the strength filter to control which FVGs are displayed based on their percentage size. This filter helps in focusing only on significant blocks that are likely to impact price action.
● Order Blocks Amount Displayed:
Set the maximum number of Order Blocks to be displayed on the chart. This customization helps keep the chart clean and ensures that only the most important blocks are in view.
● Broken Order Blocks Display:
Choose whether to display order blocks that have been broken by the price. This feature helps in maintaining a focus on blocks that are still valid while filtering out those that are no longer relevant.
● Color Customization:
You can customize the colors for bullish and bearish Order Blocks to match your chart's overall color scheme. Additionally, strength bars can be color-coded based on their percentage to quickly identify high-priority order blocks.
Traders who are confident in the settings of the indicator can confidently use it on various types of markets
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
Per un accesso rapido a un grafico, aggiungi questo script ai tuoi preferiti: per saperne di più clicca qui.
🔵Join our free discord for updates : bigbeluga.com/discord
All scripts & content provided by BigBeluga are for informational & educational purposes only.
Declinazione di responsabilità
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
Per un accesso rapido a un grafico, aggiungi questo script ai tuoi preferiti: per saperne di più clicca qui.
🔵Join our free discord for updates : bigbeluga.com/discord
All scripts & content provided by BigBeluga are for informational & educational purposes only.