PROTECTED SOURCE SCRIPT
Price Action: Market Structure & Order Blocks
How to Trade with This Indicator? (Price Action Rules)
This system is not a "press the button when the signal comes on" system. It is a "Lie in Ambush and Wait" system that requires patience.
Green Boxes (Demand Zones):
As the price rises, it leaves behind Green Boxes. These boxes are where "buyers are strong".
Rule: Don't chase after the price when it rises. Wait for the price to re-enter this green box (Retest).
Trade: BUY when the price touches (or enters) the green box. Your stop loss is just below the box.
Red Boxes (Supply Zones):
As the price falls, it leaves behind Red Boxes.
Rule: Wait for the price to rise again and hit this red box.
Trade: SELL (Short) when the price enters the red box. Your stop loss is just above the box.
BOS (Ball-Out) Labels:
If you consistently see "BOS (Uptrend)" on the chart, the trend is upward; just wait for the Green Boxes (Buying opportunities).
If you see "BOS (Downtrend)", the trend is downward; just wait for the Red Boxes (Selling opportunities).
With this method, you avoid the mistake of "buying at the top" or "selling at the bottom" in assets with strong trends like silver, and you enter trades where whales have already priced in. I recommend testing the indicator on 1-hour and 4-hour charts.
This system is not a "press the button when the signal comes on" system. It is a "Lie in Ambush and Wait" system that requires patience.
Green Boxes (Demand Zones):
As the price rises, it leaves behind Green Boxes. These boxes are where "buyers are strong".
Rule: Don't chase after the price when it rises. Wait for the price to re-enter this green box (Retest).
Trade: BUY when the price touches (or enters) the green box. Your stop loss is just below the box.
Red Boxes (Supply Zones):
As the price falls, it leaves behind Red Boxes.
Rule: Wait for the price to rise again and hit this red box.
Trade: SELL (Short) when the price enters the red box. Your stop loss is just above the box.
BOS (Ball-Out) Labels:
If you consistently see "BOS (Uptrend)" on the chart, the trend is upward; just wait for the Green Boxes (Buying opportunities).
If you see "BOS (Downtrend)", the trend is downward; just wait for the Red Boxes (Selling opportunities).
With this method, you avoid the mistake of "buying at the top" or "selling at the bottom" in assets with strong trends like silver, and you enter trades where whales have already priced in. I recommend testing the indicator on 1-hour and 4-hour charts.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.