TradingView
MetaTrader4
MetaTrader5
The Order Blocks Finder (OBF S&D) is a TradingView indicator that helps traders identify and display order blocks.
The indicator highlights buy orders in green and sell orders in red on the price chart, emphasizing the significance of these price areas. Significant market reactions are observed when the price reaches these unconsumed order blocks.
If these order blocks have high credibility, the price can move rapidly and strongly upon reaching them.
OBF S&D Indicator Table
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Indicator Categories:
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ICT Tradingview Indicators
Smart Money Tradingview Indicators
Price Action Tradingview Indicators
Supply & Demand Tradingview Indicators
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Platforms:
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Trading View Indicators
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Trading Skills:
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Intermediate
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Indicator Types:
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Reversal Tradingview Indicators
Leading Tradingview Indicators
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Timeframe:
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M1-M5 Time Tradingview Indicators
M30-M15 Time Tradingview Indicators
H4-H1 Time Tradingview Indicators
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Trading Style:
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Intraday Tradingview Indicators
Day Trading Tradingview Indicators
Scalper Tradingview Indicators
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Trading Instruments:
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TradingView Indicators in the Forex Market
Stock Tradingview Indicators
Indices Tradingview Indicators
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Identifying Orders in an Uptrend
In the 15-minute chart of GOLD CFD, the price is in an uptrend with multiple orders along this path.
The OBF S&D indicator displays these orders as green zones on the price chart.
Significant market reactions occur whenever the price hits these zones, highlighting the importance of these support levels.
Bearish Order Blocks
The 15-minute chart of BTC/USDT, the price oscillates between upward and downward movements. During these fluctuations, various order blocks form in the market.
The OBF S&D indicator marks these bearish order blocks as red support zones on the chart.
Each time the price reaches these zones, notable reactions are observed, indicating the influence of these order blocks on price trends.
Indicator Settings
- Order Block Refine: Refine Order Blocks;
- Refine Type: Type of Refinement;
- Show High Level: Toggle Display of the Highest Level;
- Show Low Level: Toggle Display of the Lowest Level;
- Show Last Support: Toggle Display of Last Support;
- Show Last Resistance: Toggle Display of Last Resistance;
- Demand Zone Color: Color of the Demand Zone;
- Supply Zone Color: Color of the Supply Zone;
- Alert: Toggle Alerts On/Off;
- Alert Name: Choose a Name for Alerts;
- Message Frequency: Choose Frequency of Alerts;
- Show Alert Time By Time Zone: Set Alerts to Match Each Time Zone;
- Display More Info: Toggle Display of Price and Time Info for Alerts;
- Long Signal Message: Customize Message for Buy Signals;
- Short Signal Message: Customize Message for Sell Signals.
Summary
The Order Blocks Finder (OBF S&D) is designed to identify areas of high importance in buy and sell orders.
The OBF S&D indicator helps traders easily identify these key zones ICT and make more precise trading decisions by accurately displaying the buy and sell order blocks.
What is the Order Blocks Finder Indicator, and what is its purpose?
The Order Blocks Finder Indicator is a tool designed to identify significant order blocks in the financial market. These blocks represent areas where large orders have been placed and can act as critical support and resistance points. The indicator assists traders in identifying these high-importance blocks.
Is the Major OB | Supply and Demand Indicator suitable for all markets?
This indicator can be used across various financial markets, including forex, stocks, and cryptocurrencies. However, its accuracy and effectiveness may vary depending on each market's specific characteristics and the trades' timing.