PROTECTED SOURCE SCRIPT
GOLD – OB Clean + Internal/External Market Structure [Dragos]
GOLD – OB Clean + Internal/External Market Structure [Dragos]
All-in-one tool for XAUUSD that combines:
Clean Order Blocks (Supply/Demand) derived from the last opposite candle after a BOS (break of structure)
Internal & External Market Structure (CHoCH/BOS) with lines and labels
Visual zone management: right extension, mitigation (first touch), invalidation (close beyond), and 50% midline
How it works
Structure & BOS
Finds pivots (HH/LL) via Pivot len.
Triggers BOS when price crosses the last confirmed swing.
Order Blocks
On BOS, scans the last N bars for the opposite candle (bear for BOS up / bull for BOS down) and draws the OB:
Green = Demand, Red = Supply
Optional: use wicks (high/low) or just the body (open/close).
Mitigation: on first touch the zone fades or hides (per settings).
Invalidation: if price closes beyond the zone, it turns gray or gets removed (per settings).
Midline: 50% line for refined management (partial entries, R/R, etc.).
Internal / External Structure
Two structure layers: Internal (micro, shorter swing) and External (macro, longer swing).
Displays CHoCH/BOS with labels; External lines can be dashed for clarity.
Choose to show Internal, External, or Both.
Key Settings
Structure
Pivot len (swing HH/LL) — pivot sensitivity.
Order Blocks
Lookback N bars for the opposite candle
Use wicks — if on, zone uses high/low; otherwise just the body.
Zone Management
Extend zones to the right
Hide zone after mitigation (touch)
Fade zone after mitigation
Remove zone when invalidated
Show 50% line
Max zones stored
Colors: fill/border for Demand/Supply, 50% line color, Mitigated/Invalidated colors.
General
Only on XAU/GOLD (optional) — restricts execution to symbols containing “XAU”/“GOLD”.
Market Structure (tab)
Internal Swing Length / External Swing Length
Show Internal/External Market Structure (Both / Internal / External)
Colors for bullish/bearish MS
Usage Guide
Recommended timeframes: M5/M15 for entries, H1 for context.
Workflow:
Determine External (macro) direction.
Look for BOS and OB in the same direction on Internal.
Wait for mitigation (touch) inside the OB; the 50% line can be used for conservative entries.
Good confluences: sessions (killzones), volume spikes, extreme RSI, MAs (add as separate indicators if needed).
Visual Conventions
Demand: green; Supply: red.
Mitigated: faded yellow (or hidden if chosen).
Invalidated: gray (or removed).
50% line: gray.
Notes & Limits
Pine v6. Object caps follow TradingView limits (max_* = 500). On long histories, increase “Max zones stored” carefully.
BOS is computed when price crosses the last confirmed swing; some traders prefer “close-only” confirmation (can be customized if desired).
This tool does not auto-generate BUY/SELL signals; it’s a context & zones assistant.
Risk disclaimer: Trading involves risk. This tool is for educational analysis and does not guarantee profit. Use strict risk management (fixed SL, R:R ≥ 1:2, risk < 1% per trade).
All-in-one tool for XAUUSD that combines:
Clean Order Blocks (Supply/Demand) derived from the last opposite candle after a BOS (break of structure)
Internal & External Market Structure (CHoCH/BOS) with lines and labels
Visual zone management: right extension, mitigation (first touch), invalidation (close beyond), and 50% midline
How it works
Structure & BOS
Finds pivots (HH/LL) via Pivot len.
Triggers BOS when price crosses the last confirmed swing.
Order Blocks
On BOS, scans the last N bars for the opposite candle (bear for BOS up / bull for BOS down) and draws the OB:
Green = Demand, Red = Supply
Optional: use wicks (high/low) or just the body (open/close).
Mitigation: on first touch the zone fades or hides (per settings).
Invalidation: if price closes beyond the zone, it turns gray or gets removed (per settings).
Midline: 50% line for refined management (partial entries, R/R, etc.).
Internal / External Structure
Two structure layers: Internal (micro, shorter swing) and External (macro, longer swing).
Displays CHoCH/BOS with labels; External lines can be dashed for clarity.
Choose to show Internal, External, or Both.
Key Settings
Structure
Pivot len (swing HH/LL) — pivot sensitivity.
Order Blocks
Lookback N bars for the opposite candle
Use wicks — if on, zone uses high/low; otherwise just the body.
Zone Management
Extend zones to the right
Hide zone after mitigation (touch)
Fade zone after mitigation
Remove zone when invalidated
Show 50% line
Max zones stored
Colors: fill/border for Demand/Supply, 50% line color, Mitigated/Invalidated colors.
General
Only on XAU/GOLD (optional) — restricts execution to symbols containing “XAU”/“GOLD”.
Market Structure (tab)
Internal Swing Length / External Swing Length
Show Internal/External Market Structure (Both / Internal / External)
Colors for bullish/bearish MS
Usage Guide
Recommended timeframes: M5/M15 for entries, H1 for context.
Workflow:
Determine External (macro) direction.
Look for BOS and OB in the same direction on Internal.
Wait for mitigation (touch) inside the OB; the 50% line can be used for conservative entries.
Good confluences: sessions (killzones), volume spikes, extreme RSI, MAs (add as separate indicators if needed).
Visual Conventions
Demand: green; Supply: red.
Mitigated: faded yellow (or hidden if chosen).
Invalidated: gray (or removed).
50% line: gray.
Notes & Limits
Pine v6. Object caps follow TradingView limits (max_* = 500). On long histories, increase “Max zones stored” carefully.
BOS is computed when price crosses the last confirmed swing; some traders prefer “close-only” confirmation (can be customized if desired).
This tool does not auto-generate BUY/SELL signals; it’s a context & zones assistant.
Risk disclaimer: Trading involves risk. This tool is for educational analysis and does not guarantee profit. Use strict risk management (fixed SL, R:R ≥ 1:2, risk < 1% per trade).
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.