TradingView
DasanC
Sep 30, 2021 5:22 PM

MTF Order Block Finder Final Update! Education

Euro Fx/British PoundFXCM

Description

https://www.tradingview.com/script/zyYceJYb-MTF-Order-Block-Finder/

Release Notes: FINAL UPDATE
This script is Open Source and completely free and will remain public indefinitely!

We'll be releasing a Private Script with extremely useful Alert Conditions in ~1 Week!
Consider following my Profile to see updates regarding trial periods and subscriptions.

Start using the Free version of MTF Order Block finder before moving onto the Premium version,
with Alerts based on High Timeframe candles entering and leaving Order Blocks!

How To Use Order Blocks
1. Set the "Resolution" to a higher timeframe than your intraday chart (1H, 4H, D...)
2. Configure your "Order Block Style and Colors" to your liking
3. Pending Trade Setup - Price enters and closes within an Order Block
4. Entry Condition - Price exits and closes outside of an Order Block
5. Second Entry Condition - Confirm with your favorite momentum indicator (RSI, Stoch, TDI, Squeeze...)
6. Set your SL to the Order Block's furthest level (top or bottom)
7. Set your TP to the next Order Block's closest level (top or bottom)
8. Brew some coffee (or tea) and ride it out.
Comments
jasototv
Thanks for the work and the detail is superb! Wondering if you would be able to convert this to thinkscript for TOS?
olifurn00
this is such a fantastic indicator! Congrats and thank you
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