Propulsion Block (ICT) Indicator for MT5 Download - Free - [TradingFinder]

The Propulsion Block Indicator (ICT Propulsion Block) in MetaTrader 5 Indicators is a powerful tool for identifying price changes and liquidity zones. Propulsion blocks appear following the return of the last candle to the order block to capture liquidity after significant price fluctuations.

This indicator highlights key areas where order blocks overlap with Supply and Demand Zones and automatically records changes on the chart when the price enters one of these blocks.

Indicator Table

Indicator Overview

The Propulsion Block Indicator analyzes the last candle that returns to the Order Block area to fill gaps and gather liquidity. This return usually occurs after entering the order block area, leading the price to the market’s main direction.

Green boxes represent Bullish Order Blocks; red boxes indicate Bearish Order Blocks, and light green represents Propulsion Blocks on the chart.

Bullish Trend Conditions in the Propulsion Block Indicator

In the 4-hour CAD/JPY chart, when the price reaches the Order Block (green box), it gathers the necessary liquidity to initiate an upward movement. This liquidity gathering occurs with the formation of a reversal candle as a Propulsion Block (light green). This return signals an opportunity to enter a Long trade and indicates a potential upward trend.

Bearish Trend Conditions in the Propulsion Block Indicator

The 1-hour USD/JPY chart returns to gather liquidity in this area after the price hits the Order Block (marked in red). The reversal candle (light red) acts as a Propulsion Block in this scenario.

Indicator Settings

• Display setting: Screen display settings;
• Color theme of chart and object: Switch to a light theme for the indicator;
• General setting: General indicator settings;
• Showing trends: Display the trend of propulsion blocks.

Conclusion

Propulsion Blocks allow ICT Style and Smart Money traders to comprehensively view price movements by identifying order block zones, filling gaps, and utilizing this multi-timeframe indicator. This tool helps traders spot trading opportunities and profit from the market.