Euro / British PoundEducation
MTF Order Block Finder Final Update!
https://www.tradingview.com/script/zyYceJYb-MTF-Order-Block-Finder/
Release Notes: FINAL UPDATE
This script is Open Source and completely free and will remain public indefinitely!
We'll be releasing a Private Script with extremely useful Alert Conditions in ~1 Week!
Consider following my Profile to see updates regarding trial periods and subscriptions.
Start using the Free version of MTF Order Block finder before moving onto the Premium version,
with Alerts based on High Timeframe candles entering and leaving Order Blocks!
How To Use Order Blocks
1. Set the "Resolution" to a higher timeframe than your intraday chart (1H, 4H, D...)
2. Configure your "Order Block Style and Colors" to your liking
3. Pending Trade Setup - Price enters and closes within an Order Block
4. Entry Condition - Price exits and closes outside of an Order Block
5. Second Entry Condition - Confirm with your favorite momentum indicator (RSI, Stoch, TDI, Squeeze...)
6. Set your SL to the Order Block's furthest level (top or bottom)
7. Set your TP to the next Order Block's closest level (top or bottom)
8. Brew some coffee (or tea) and ride it out.
Release Notes: FINAL UPDATE
This script is Open Source and completely free and will remain public indefinitely!
We'll be releasing a Private Script with extremely useful Alert Conditions in ~1 Week!
Consider following my Profile to see updates regarding trial periods and subscriptions.
Start using the Free version of MTF Order Block finder before moving onto the Premium version,
with Alerts based on High Timeframe candles entering and leaving Order Blocks!
How To Use Order Blocks
1. Set the "Resolution" to a higher timeframe than your intraday chart (1H, 4H, D...)
2. Configure your "Order Block Style and Colors" to your liking
3. Pending Trade Setup - Price enters and closes within an Order Block
4. Entry Condition - Price exits and closes outside of an Order Block
5. Second Entry Condition - Confirm with your favorite momentum indicator (RSI, Stoch, TDI, Squeeze...)
6. Set your SL to the Order Block's furthest level (top or bottom)
7. Set your TP to the next Order Block's closest level (top or bottom)
8. Brew some coffee (or tea) and ride it out.
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