OPEN-SOURCE SCRIPT
Order Blocks
Updated
This script analyses candle stick patterns and draws order blocks in real time, it is designed to be very easy to use and works on all markets.
With a simple sensitivity configuration to control the range of candles in scope for analysis, the order blocks are automatically drawn and removed in real time if price action closes through an order block.
With a simple sensitivity configuration to control the range of candles in scope for analysis, the order blocks are automatically drawn and removed in real time if price action closes through an order block.
Release Notes
BOS LinesThe script has been updated to display bullish break of structure lines which are used as markers to calculate the order blocks but were not displayed in the previous version.
Release Notes
Trend Bar ColoursAdded candle colours by trend; this option colours candles in either green or red based on the last break in structure to help in maintaining positions and give a general view of trend.
Release Notes
BOS Candle HighlightingI have added the ability to highlight the candle that caused a break in structure, if this option is turned on then BOS candles are shown in yellow
Release Notes
Bearish BOS LinesI have added the bearish break of structure lines which appear once the structure is broken to the downside based on the defined candle range.
Release Notes
Previous Day/Week/Month LevelsThis update allows you to optionally display the open, close, high and low levels of the previous day/week and month regardless of the timeframe you are viewing to help with identifying significate price points.
Release Notes
Visual AdjustmentsThe labels for HLOC have been moved to the right by 10 more candles so they do not cover live candles
Release Notes
This update provides a third candle colour for candles falling outside of the range of a break in structure possibly indicating a reversal or a false break. The script has also been simplified for faster loading times and a cleaner look on the chart.Release Notes
The script has been updated to include the following new features:-- Bullish BOS Lines
- Bearish BOS Lines
- Previous Daily High/Low Lines
- Trend line and BOS candle colour options
You can enable these features within the configuration section of the script.
Release Notes
The script has been updated top the latest version of pine script and added the following updates:-- Selection of bullish break source
- Selection of bearish break source
Release Notes
The script has been updated updated with the following features:-- You can now turn off trend colours
- You can optionally turn off break of structure candle highlighting
- You can add alerts for bullish and bearish break of structure
Release Notes
This update includes the following features:-- You can now change the colour of order blocks that have already been hit/mitigated
Release Notes
This update provides the following features:-- Better detection of the mitigated order blocks by checking that the block hasn't been tested previously and by setting a minimum start point for a re-test candle
- Optional highlighting of re-test candles for both bearish and bullish order block re-tests
- Alerts for bullish and bearish order block re-tests
Release Notes
This update includes the following features:-- I have added the option to show mitigated order blocks within the configuration
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.