Indicator that attempts to identify an Order Block

FTMO Trader Scouting

Aslan Ramit

New Member
I coded a indicator that attempts to identify Order Blocks.
As finding an Order Block is a little discretionary you still have to validate if it really is an OB or not. A good one or not.
I also included in its code the ADR indicator that Michael uses on his videos.

Is the indicator very good? Is it updated?
 

zxpcat

New Member
Hi where can I find the order block multi timeframe EA, Would it be possible for you to add an alert when the ADR has been met?
 

xx2020

New Member
The file provided was an EX4.. I might be able to convert it for people, or at least see how difficult the process would be, if someone can provide the original MQL4 source file. (Please don't decompile the EX4 file as the resulting code is very difficult to understand.)
can you convert it..?
 

Fay

New Member
I coded a indicator that attempts to identify Order Blocks.
As finding an Order Block is a little discretionary you still have to validate if it really is an OB or not. A good one or not.
I also included in its code the ADR indicator that Michael uses on his videos.
Do you have a README file or a .set that can help use this fab tastic tool correctly?
 

LivingCovers

New Member
Awesome...I signed in to this forum just to get this indicator. Unfortunately, there are no updates since 2015!!! That's not too great! But thanks to the OP.
 

gon

Member
For those who ask themselves how to use the indi.

Finding an order-block would be relatively straightforward if you only consider swing lows and swing highs. You take the last candle or two that goes against the swing and is engulfed by the first candle that is rejected in the direction of the swing that there it is.

The problem is that order-blocks are just one among many other liquidity zones that must be framed inside a market structure and specific time. An order-block without proper market structure is not a suitable pattern normally, but it gives a reference if you want, for instance, to find for trades in lower timframes; for that is more useful per se.
 

sparkypanix

New Member
I coded a indicator that attempts to identify Order Blocks.
As finding an Order Block is a little discretionary you still have to validate if it really is an OB or not. A good one or not.
I also included in its code the ADR indicator that Michael uses on his videos.
Huge thanks!!!

Possible to post the code on Github?
 
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