Market Structure Break & Order Block by EmreKb

19 juin 2022

This indicator shows the market structure break (msb) and order blocks (ob). Msb occurs after the breakout old high when the price make lower lows or occurs after the breakout old low when the price make higher highs. OB occurs after the msb, ob is the last bullish candle before high if msb is bearish but if the msb is bullish then ob is the last bearish candle before low.

Zigzag Lenght - A number for the zigzag calculation
Show Zigzag - Show/Hide Zigzag lines
Fib Factor - Fib level for the breakout confirmation. For example if new high larger than old high to low fib 1+fib_factor when the down trend then it's a breakout.

22 juin 2022

Notes de version

Added breaker and mitigation blocks. Breaker and mitigation blocks are the block in the low area formed before last high. Last bearish candle for bearish and last bullish candle for bullish are mitigation or breaker blocks.

22 juin 2022

Notes de version

Added display settings

22 juin 2022

Notes de version

Changed some default values

22 juin 2022

Notes de version

- Copy Paste bug fixed :)
- Added alert to msb

23 juin 2022

Notes de version

Some Bug Fixed

5 juil. 2022

Notes de version

- The bug that caused the alarm delay has been fixed. (MSB)
- Added timeframe option. You can only select current timeframe or higher timeframe. Zigzag only shows in current timeframe.

7 mai 2023

Notes de version

• Optional time zone selection feature has been removed.
  
• An alarm triggering when the price touches the box has been added (It triggers for every candle!).
  

8 mai 2023

Notes de version

• Delete old/broken boxes option added
  

Note: I'm working on new more accurate alert system (probably from telegram)