Trading product for Order_Block_Arrow_ Indicator Forex Signal, image 1
Indicator
1 purchases
Version 1.0, Oct 2024
Windows, Mac
4.0
Reviews: 2
Trading product for Order_Block_Arrow_ Indicator Forex Signal, image 2
Trading product for Order_Block_Arrow_ Indicator Forex Signal, image 3
Trading product for Order_Block_Arrow_ Indicator Forex Signal, image 4
Trading product for Order_Block_Arrow_ Indicator Forex Signal, image 5
Since 06/10/2024
1
Sales

Description

Order Block - Market Structure Signals

This powerful instrument, developed by professional traders, has already proven its effectiveness on real trading accounts.

Key advantages:

  1. Versatility: works on any instruments, markets, and timeframes (forex, crypto, stocks, bonds, futures).
  2. Precision: shows best results on tick charts, filtering out quick impulses during strong market movements. Also works well on standard timeframes.
  3. Flexibility of settings: allows you to adapt the indicator to your trading style and preferences.
  4. Visual clarity: clearly displays market structure breakdown levels, signals, and support/resistance zones (OrderBlock).

Main functions:

  • Dynamic calculation and display of OrderBlock zones
  • Entry signals (red and green arrows)
  • Display of probable future trend movement (optional)
  • Adjustable block transparency
  • Option to remove completed zones

Always consider the market context!

Settings:

 Bars History - number of bars for calculation (if too many - may load the computer). Default is 2000 bars.

 Deviation % Zigzag - main parameter - calculation from zigzag. Adjusted depending on timeframe and instrument Block 

Transparency 0-250 - transparency of blocks Delete Old/Broken Boxes - whether to delete old blocks 

Delete Arrows - do not show signal arrows Arrow Distance (ATR multiplier) - distance from bar to arrow in ATR ........

Delete Dots - disable drawing of dots (controversial function - dots show probable future trend movement)

On the chart: Red and green lines - market structure breakdown levels Red and green arrows - indicator signal Bands - OrderBlock zones - support and resistance. They are dynamically calculated and removed when completed (option to keep them on the chart)

Important: The indicator code is protected by copyright.

Summary

AI summary
Order_Block_Arrow_ is a market structure indicator designed to identify and display OrderBlock zones, which act as dynamic support and resistance levels across various financial markets including forex, cryptocurrencies, stocks, bonds, and futures. It provides entry signals through red and green arrows and can optionally display probable future trend movements. The indicator is versatile, functioning effectively on any instrument and timeframe, with optimal precision on tick charts where it filters out rapid market impulses. Users can customize settings such as the number of bars for calculation, zigzag deviation parameters, block transparency, and the visibility of signals and zones. On the chart, it visually presents market structure breakdown levels with red and green lines, signal arrows, and dynamically calculated OrderBlock bands that can be removed once completed. The tool is adaptable to different trading styles and emphasizes the importance of considering overall market context. Its code is protected by copyright.
Indicator profile

Customer reviews

4.0
Reviews: 2
5
50 %
4
0 %
3
50 %
2
0 %
1
0 %
Customer reviews
October 13, 2024
For AI assisted trading, the practical question is whether it reduces bad decisions. A 62 setup journal on New York open makes that clearer.
October 11, 2024
Makes sense for a trader who wants less noise in the process. The best use is checking market bias, then leaving the final filter manual.

Discussion

FAQ

Forex
Signal
Crypto
Stocks
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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Since 06/10/2024
1
Sales