Saturday, July 27, 2024

Julia's favorite one | Super OrderBlock / FVG / BoS Tools by makuchaku & eFe

 This super indicator is a Swiss army knife for Smart Money traders for OrderBlocks / FVG / BoS

It provides many options for drawing (non-repainting) boxes for OrderBlocks, Fair Value Gaps (FVG) and Break of Structures. The boxes are extended into the future, until the first retest/mitigation.

Some of the additional options (not explained in the diagrams above)
  • PPDD OB : An order block which is formed after interacting with Liquidity (old low/high, fractal low/high, etc). Since these OB's are in the most premium or most discount, they are Premium Premium Discount Discount OB's (PPDD OB)
  • HVB Bars : When the volume of any bar is higher than the average volume of last N bars, it could mean something important (in the right context). Hence, the indicator allows for coloring them differently.

No comments:

Post a Comment