Order Block Indicator in TradingView – Free – [TradingFinder]

The Order Block Indicator (OB) is a Smart Money & ICT indicator in TradingView. Order Blocks represent key liquidity zones on the chart, where price often reacts due to institutional order flow.

These OB zones act as areas where prices may face resistance and attempt to break through or find support and continue the previous trend.

This TradingView liquidity indicator also highlights Major High Levels and Major Low Levels using colored lines.

Order Block Indicator Specifications

The table below outlines the specifications and features of the Order Block Indicator:

Order Block Indicator Overview

The Order Block Indicator marks bullish order blocks with green boxes and bearish order blocks with red boxes.

Additionally, it highlights the 50% level of order blocks, as this area is often crucial for price reactions. The 50% level is also displayed using a dashed line for better visualization.

Bullish Trend 

In the EUR/USD 1-hour chart, the break of the Major High Level signals a Change of Character (ChoCH) or a Market Structure Shift (MSS).

During this scenario, Demand Order Blocks (Demand OBs) act as support zones, reinforcing the bullish trend. The formation of Break of Structure (BOS) further confirms trend continuation.

Bearish Trend 

The price breaks the Major Low Level in the 15-minute Ripple (XRP) chart, leading to a Market Structure Shift (MSS). The formation of MSS often signals a potential trend reversal.

If the price interacts with bearish order blocks (Bearish OBs) or moves close to these zones, it suggests that lower price targets may be reached.

Order Block Indicator Settings

The image below displays the settings panel of the Order Block Indicator in TradingView:

Order Block Settings

• Order Block Refine: Enable automatic order block refinement
• Refine Type: Select the order block refinement method

Major Levels

• Show High Level: Display Major High Levels
• Show Low Level: Display Major Low Levels

Conclusion

The Order Block Indicator (OB) is a combination of key concepts such as Change of Character (ChoCH), Market Structure Shift (MSS), Break of Structure (BOS), and Order Blocks (OBs).

This Smart Money TradingView indicator automatically refines order blocks and helps traders identify high-probability entry zones.

Additionally, it marks Major High and Low Levels using green and red lines, ensuring clear market structure analysis.