Order Block
Indicator
42 purchases
Version 1.0, Oct 2024
Windows, Mac
5.0
Reviews: 4
Trading product for Order Block Indicator BTCUSD Signal, image 2
Trading product for Order Block Indicator BTCUSD Signal, image 3
Trading product for Order Block Indicator BTCUSD Signal, image 4
Trading product for Order Block Indicator BTCUSD Signal, image 5
Since 03/10/2024
164
Sales
39.54K
Free installs

Description

🚀 10,000+ traders already use our TOP indicators🏆

Discover why professionals choose us – the most powerful tools on cTrader (indicators, algorithms, and cBots) are waiting for you.

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🟢 Identifying Order Blocks 🔴


**Bullish Order Block 🚀:**

To spot a bullish order block:

- The code checks if the current closing price surpasses the highest point of a previous swing ⬆️.

- If it does and that swing hasn't been crossed yet, it gets marked as crossed. The order block is then defined from the lowest to the highest price in the previous candles 📈.


**Bearish Order Block 🔻:**

- This works similarly but applies to low-price swings.

- A bearish order block is created when the current closing price falls below the lowest point of a swing ⬇️.


### 💼 Order Block Functionality 📊


Order Blocks represent **high-volume accumulation zones** where big market players may have traded significantly

These areas often act as potential support or resistance levels and can signal trend continuation or reversal 📉📈.


- **Support or Resistance:** Broken order blocks might point to relevant support or resistance areas, depending on the previous trend 🔄.

- **Continuation or Reversal:**

- A break of an order block in the opposite direction can indicate a potential reversal 🔄.

- Breaking in the same direction can confirm the continuation of a trend 🔗.


This indicator is powerful for identifying **key levels on charts** 📈, helping traders visualize important areas based on price behavior in high-volume zones. Perfect for spotting trends and market moves! 🎯📊



Summary

AI summary
The Order Block indicator identifies bullish and bearish order blocks on trading charts to highlight key support and resistance levels. It detects bullish order blocks when the current closing price surpasses the highest point of a previous swing, marking the zone from the lowest to highest price of prior candles. Conversely, bearish order blocks form when the closing price falls below the lowest point of a swing. These order blocks represent high-volume accumulation zones where significant market activity by large players has occurred. They often act as potential support or resistance areas and can indicate possible trend continuation or reversal. Breaking an order block in the opposite direction may signal a trend reversal, while breaking in the same direction can confirm trend continuation. This indicator helps traders visualize important price levels based on market structure and volume behavior, supporting analysis of trends and market moves across various assets including cryptocurrencies, commodities, and forex pairs.
Indicator profile

Customer reviews

5.0
Reviews: 4
5
100 %
4
0 %
3
0 %
2
0 %
1
0 %
Customer reviews
August 18, 2025
Automatically identifies bullish and bearish order blocks based on swing breakouts with clear zones. Useful for visual SMC analysis. Cons: No alerts or tooltips. Lacks template saving and volume confirmation features. Slight delay under heavy chart load.
October 26, 2024
Half size is enough at the start. The plan becomes easier to stick with, and the journal should decide the next step.
October 26, 2024
A first opinion needs more than one signal, and it makes the setup easier to question.
October 25, 2024
it helped mostly by making bad ideas easier to skip, and A week of notes gives a better read.

Discussion

FAQ

BTCUSD
Signal
Breakout
Supertrend
Commodities
RSI
Crypto
XAUUSD
ATR
Products available through cTrader Store, including trading bots, indicators and plugins, are provided by third-party developers and made available for informational and technical access purposes only. cTrader Store is not a broker and does not provide investment advice, personal recommendations or any guarantee of future performance.

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Price

Since 03/10/2024
164
Sales
39.54K
Free installs