MichaelGfx

Jump Shot Order Blocks [Blu4x]

Jump Shot displays supply/demand/Order Block zones. These zones are displayed in boxes. These boxes are extended to the future until they are mitigated or broken. These boxes do not repaint.

It also provides Fair Value Gaps (FVG) - These are most commonly used amongst price action traders and are defined as instances in which there are inefficiencies, or imbalances, in the market. These ‘imbalances’ simply suggest that buying and selling are not equal.

It also shows Break of Structure (BOS) - It is important to understand market structure in order to use this indicator effectively.

There are many other options you will see on the settings menu. Hover your mouse over the " i " to learn more about the feature. It is not recommended to turn ON all the available options.

provides many options for drawing (non-repainting) boxes for OrderBlocks, Fair Value Gaps (FVG) and Break of Structures. The boxes are extended into the future, until the first retest/mitigation.

Other features include: auto-trendline. It displays a trendline on multiple time frames. You will also get the Average Daily Range (ADR) which is displayed for up to the last 4 trading days. HVB bars (High Volume Bars) indicate higher volumes in the market. These are usually bars that indicate a potential reversal or a continuation.

The OB Strategy in few sentences: Wait for price to mitigate an OB zone ( bullish / bearish ) on higher timeframe. We then expect it to reverse after monitoring price action on the lower timeframe. Higher probability setups are on the higher timeframe and then you need to highlight that zone and turn off Jump Shot. Refine the OB to the lower timeframe for sniper entries.

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