Price Action Concepts [StratifyTrade]

The Price Action Concepts is an all-in-one toolkit for automating price action in your chart.

It includes Order Blocks with Volume data, Market structure (BOS, CHoCH, CHoCH+, EQL, EQH) MTF S/R Arrays, MTF Market Structure Scanner, Fair Value gap, Accumulation and Distribution Zone, and much more.

🔶 FEATURES

The indicator includes the following features:

• Market structure (BOS, CHoCH, CHoCH+, EQL, EQH)
  
• Swing Market structure
  
• Multi-timeframe market structure
  
• Dynamic market structure to improve trend detection and lag reduction
  
• Highs and lows MTF (Daily, weekly, monthly, and yearly)
  
• Volumetrics order blocks
  
• Volumetrics swing order blocks
  
• Filtering options for order blocks based on market structure points
  
• Accumulation and distribution zone
  
• Premium and discount zone
  
• FVG, VI, and OG
  

🔶 MARKET STRUCTURE EXAMPLE


In the image above, we can see a basic example of how market structure works, leading to a clear trend and helping traders take trades based on the current trend.

• BOS: price breaking a higher high or a lower low
  
• CHoCH: price breaking a higher low or a lower high
  
• CHoCH+: same as CHoCH, but forming another higher low or lower high before forming it
  

Market structure has 2 modes: Dynamic and Manual.
Manual mode will use the user input as a pivot point for market structure creation.
Dynamic mode will use auto input to try to reduce lag and improve its detection.


EQL / EQH are formed when the price makes 2 highs or lows in the same price range, which can lead to both liquidity or a quick pullback.

NOTE:
Swing market structure point will result in a solid line while the internal one with a dotted line.
Users can enable/disable the multi-timeframe scanner that shows trends in different timeframes.

🔶 VOLUMETRICS ORDER BLOCK EXAMPLE


In the image above, we can see how order blocks are formed and how volume data is used.

Volume in the order blocks is very useful to see if there was more buying or selling activity, resulting in either strong buying activity leading to buying confluence or buyers exhausted at that level (as a bullish trend) or vice versa for a bearish trend.

Swing order blocks are formed in the same way as internal ones but using the swing point for their creation.


The image above shows how volume % is split around order blocks.

Users will have the following options:

• Display volume data
  
• Display both internal and swing volumetrics order blocks
  
• Filtering options (filter order blocks from market structure)
  
• Mitigation options
  
• Placements options (full candle or more precise positioning)
  
• Overlapping options
  

🔶 ACCUMULATION AND DISTRIBUTION ZONE


The image above shows accumulation and distribution zones as potential setups for trades.
Those zones are formed within the market structure length or automatically with the dynamic mode.

Users will have two options:

• Disable and enable both zones
  
• Show "Fast" or "Slow" setup (Fast will return more zones, while slow shows more long-term areas)
  

🔶 PREMIUM AND DISCOUNT ZONE


The image above shows premium and discount zones that are formed with the swing market structure point. An equilibrium zone will be displayed in the average of the two areas.

These areas also have volume incorporated to show which of the two has the most traded volume in that area.